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Martin Sierra Contributing to add value to the PMO World| Aeromexico Mexico, Mexico

Hi there, hope this question finds all of you well.

I would like to get recommendations on the best Portfolio Management book. I'm interested to explore more about the Portfolio management to maximize my experience.

Thanks in advance

Posted: Apr 22, 2022 7:30 PM

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Thomas Walenta Global Project Economy Expert Hackenheim, Germany

Apr 27, 2022 7:53 PM

Replying to Martin Sierra

...

Thank you Thomas, I agree with you. Additionally what I like to understand better is the criterias to approve or reject any initiative. I meant, how to evaluate the request. If it add value to the client, or is focused in operative efficiency or is saving costs. What´s most important.

Warm regards

Martin

at the last client I consulted we established 4 selection criteria for project requests which were weighted according to consensus. Each criteria gets up to 10 points, points are added up. Then we have a ranked list.

But portfolio selection means to select not the best projects but the best set of projects that achieves optimal resource use. For example if you had all CFO projects on top but you have a high skill and asset base in HR, you should utilise them.

Those 4 criteria were
- financial impact / ROI (so at best we need a business case)
- strategic fit
- compliance/legal requirement
- landscape fit

I do consulting in this area.

Thomas

Posted: Apr 28, 2022 9:02 AM

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