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Approaches

An Iterative Risk Management-Based Strategy for Benefits Realization

by Irfan Shariff

Project managers can facilitate benefits realization and--more strategically--the project management function. That encompasses the three Ps of project management, which can play the crucial but often missing organizational role that will embed benefits realization in strategy execution and--by extension--program and project delivery.

Have PMOs Turned the Corner?

by Andy Jordan

A few recent events have left this project manager feeling very positive about PMOs--and that’s something that hasn’t happened in quite some time. While we can't yet proclaim PMOs as saviors of organizations, they are now on the journey to success.

Resources

IT Portfolio Management: A Practical Approach

by Sofoklis Theodotos, PMP

The increasing acceptance of portfolio management indicates that the application of knowledge, processes, skills, tools and techniques to select the right work at the right time may have significant impacts on program, project and business success. Focusing on IT portfolio management, the author shares a practical method and metric system for implementing portfolio management. All proposed methods can be easily extended for business portfolio management.

Removing the Guesswork from Strategy

by Andy Jordan

For many organizations, strategic planning and the associated project selection is an exercise in frustration. How can we improve things without reinventing the process?

Alignment

The Importance of Benefits Realization Management

by Syed Moiz

Planning benefits before you start is key to ensuring that you realize them once the project is completed. In this article, the author highlights the importance of benefits realization management for realizing project benefits.

Portfolio Risk Management Plan Template

deliverable
by Andy Jordan

Don’t try and do too much with the risk management plan. It is just a summary document that provides an overview of the portfolio risks and allows access to more detail. Consider building this template within your PPM tool or within a corporate collaboration tool. This template has been built for the portfolio level, but it can easily be adapted for programs/projects with some simple rewording of columns.

Optimization

5 Portfolio Management Findings

by Tushar Patel

What challenges do project management professionals face with Project Portfolio Management in 2015? There continues to be a high rate of misaligned IT projects and lack of resources for successful project execution, according to a new survey.

Preventing ‘Alignment Creep’

by Andy Jordan

Move over scope creep, there's a new creep in town. Projects may start off well aligned to the strategies they support, but how do we ensure they remain that way?

Pipeline

Top 10 Reasons Not to Innovate

by Braden Kelley

Are there some times when innovation is a bad idea? You will still go out of business if you don’t at some point innovate and reinvigorate your products and services, but failure to maintain operational excellence is a faster path to failure than falling short of innovation excellence.

Preparing for Strategic Agile

by Andy Jordan

There’s a lot of talk about strategic or enterprise scale agile, but what do organizations have to do to prepare for such a change? The right approach will depend on the needs of the organization and its willingness to absorb change.

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Even if you're on the right track, you'll get run over if you just sit there.

- Will Rogers