Portfolio management needs to begin with idea creation. But if the portfolio starts with the idea creation process, how does the PMO engage people beyond the reach of traditional project execution so that their ideas are captured?
Do you ever wonder how far to go with formal documentation on a given project? PMBOK gives us an extensive set for project management standards from which to draw, but we don’t always choose to apply the full extent of these standards to every project--nor would it be appropriate to do so. Meet Project Sizing...
PMOs will have different contributions to the business based upon their unique mandate, goals and objectives. It is important to remember that PMO contribution is a matter of planned management execution, not an automatic or guaranteed success.
Many times, organizations focus on the “what” (i.e., specific tasks) and the “how” (do our actions reflect corporate culture and core values?), but forget about the “why”. That can be dangerous...just ask George Costanza.
This document is intended to help individuals generating business cases to validate their work using historic project information. It is inspired by the article BI and the Portfolio: Improving Annual Planning.
This template outlines a classic Project Charter with a focus on project definition and strategic ties. Risks and stakeholder needs are covered, but not in granular detail. It is appropriate for fairly low-risk projects where the goal is to get everyone on the same page up front.
This webinar will cover the very important, yet commonly rushed, initial phases of an Agile (or non Agile) Project. We will walk through Idea Qualification and Project Initiation where we take the business idea through several activities to justify the project value, define clear measures for completion, determine alternative solutions and evaluate if the project is really worth proceeding with or not.
This Portfolio HEADWAY webinar will examine the process of selecting a project--from documenting and screening the original idea, developing a business case, making the final selection and then prioritizing those selected projects.
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"Impartial observers from other planets would consider ours an utterly bizarre enclave if it were populated by birds, defined as flying animals, that nevertheless rarely or never actually flew. They would also be perplexed if they encountered in our seas, lakes, rivers and ponds, creatures defined as swimmers that never did any swimming. But they would be even more surprised to encounter a species defined as a thinking animal if, in fact, the creature very rarely indulged in actual thinking." - Steve Allen |
