Martin SierraContributing 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.
Thomas WalentaGlobal Project Economy ExpertHackenheim, Germany
Martin,
The bible might not be the 'best' book though.
Best for what or whom? Learning, comprehensive, complete, authoritative?
As a starter, you may want to look at the ISO 21504 for portfolio management.
Thomas
...
1 reply by Martin Sierra
Apr 23, 2022 9:07 AM
Martin Sierra
...
Thank you Thomas. I’ll read the ISO, and then look for a book because I want to have full understanding how to prioritize project and governance processes.
Warm regards
Saving Changes...
Martin SierraContributing to add value to the PMO World| Aeromexico Mexico, Mexico
Apr 23, 2022 8:53 AM
Replying to Thomas Walenta
...
Martin,
The bible might not be the 'best' book though.
Best for what or whom? Learning, comprehensive, complete, authoritative?
As a starter, you may want to look at the ISO 21504 for portfolio management.
Thomas
Thank you Thomas. I’ll read the ISO, and then look for a book because I want to have full understanding how to prioritize project and governance processes.
Senior Projects Manager | Field & Marten AssociatesNew Westminster, British Columbia, Canada
Martin
I did find the PMI Portfolio Management Guide to be very comprehensive. I suggest you take a look at this for starters.
RK
...
1 reply by Martin Sierra
Apr 23, 2022 12:49 PM
Martin Sierra
...
Thank you Rami. I'll do. Warm regards
Saving Changes...
Martin SierraContributing to add value to the PMO World| Aeromexico Mexico, Mexico
Apr 23, 2022 12:44 PM
Replying to Rami Kaibni
...
Martin
I did find the PMI Portfolio Management Guide to be very comprehensive. I suggest you take a look at this for starters.
RK
Thank you Rami. I'll do. Warm regards Saving Changes...
Denathayalan RamasamyChief Technology Officer| Atal Incubation Centre -CIICChennai, Tamilnadu, India
Portfolio Management - 3rd & 4th edition has a big difference with respect to process group & knowledge areas. Even though exam pattern still follows 3rd edition ( 3 process groups, 5 knowledge area, 16 extensive & interlinked process), 4th edition is still evolving at macro level. Hope to see a revision 4th edition by answering to real world issues and IT industry dynamics
...
1 reply by Martin Sierra
Apr 23, 2022 3:54 PM
Martin Sierra
...
Thanks Denathayalan. I agree. Probably the real world is moving fast than the standard. Warm regards
Saving Changes...
Martin SierraContributing to add value to the PMO World| Aeromexico Mexico, Mexico
Apr 23, 2022 2:37 PM
Replying to Denathayalan Ramasamy
...
Portfolio Management - 3rd & 4th edition has a big difference with respect to process group & knowledge areas. Even though exam pattern still follows 3rd edition ( 3 process groups, 5 knowledge area, 16 extensive & interlinked process), 4th edition is still evolving at macro level. Hope to see a revision 4th edition by answering to real world issues and IT industry dynamics
Thanks Denathayalan. I agree. Probably the real world is moving fast than the standard. Warm regards Saving Changes...
as I see it those books relate to investment portfolios, not project portfolios. Some models might be transferable, but in general these are to me different topics.
Saving Changes...
Sergio Luis ConteHelping to create solutions for everyone| Worldwide based OrganizationsBuenos Aires, Argentina
I think you are searching for "the how". This is not inside the PMI´s guides related to portfolio. As you know is not the "spirit" of the guides. I was in charge on writting the portfolio management process in my actual work place and, while you can find lot of different information outside there, the "how" depends on your organization. I was part of the group or reviewers in the PMI standard but I did not find those type of things there no matter is a good reference in my personal opinion. Additional, some documentation is not clear about if they are talking about portfolio in general, they are talking about specific architectural layer (IT portfolio for example) or they are talking about a specific type (project portfolio). So, my recommendation is taking a closer look to to Axelos documentation and put focus on Lean Portfolio Management (you can find a "how" inside Scalled Agile Framework for example, but just to take a reference) because in my personal opinion (and based on what I am living today) all the organizations will migrate to this way of thiking and behave in terms of portfolio.
...
1 reply by Martin Sierra
Apr 24, 2022 11:23 AM
Martin Sierra
...
Thank you so much Sergio, great input. I’ll look into Axelos document. Warm regards
Community Champion
