Projects may be unique endeavors, but they can’t be managed in isolation. They must be integrated and assessed within the context of strategic enterprise goals — a portfolio-level perspective enabling synchronized adjustments on the way to delivery. And this requires project leaders to adjust as well.
Project selection is a widespread challenge that requires a single point of accountability — ideally, a strategic project management office — that can provide the infrastructure and information support necessary to execute a ‘whole portfolio’ approach that is flexible and adaptable to ever-changing needs.
The most effective project portfolio planning brings IT managers and business leaders together to prioritize, scope and staff initiatives as a single team with common goals. In doing so, the process fosters better working relationships — and provides a roadmap for delivering value to the organization.
Some organizations try to streamline the process of developing business cases and end up missing great opportunities. But turning ideas into realistic, executable plans should, in fact, be a complex journey, from screening to rationalization to approval. Here are essential steps to make the time and effort worthwhile.
An organization’s ability to achieve its goals is dependent on many things, but nothing is more critical than selecting the right projects to deliver those goals, and that means you need the best candidates. How do you maximize the chances of that happening? Start with the ideas.
In the ongoing effort to link strategy with project execution, one entity can have a huge impact on an organization’s ability to achieve its goals and objectives — the strategic PMO. Here is an overview of an “up and out” approach that integrates groups and functions, dealing in the "currency" of relationships.
Each year, the PMO Symposium® presents a great opportunity to meet and network with other portfolio managers and PMO directors from around the world. Here a presenter shares her rewarding experiences.
Integrated roadmaps help organizations document, visualize and manage their long-term new product development strategies. The benefits include high-level alignment between portfolios and strategy, to daily support for project management efforts. Here are guidelines for building and implementing integrated roadmaps.
Why do so many companies fail at software development projects? They haven’t built a foundation of process, people and tools to accurately plan and estimate. An Estimation Center of Excellence is a great starting point to bring these components together and maximize their benefits.
The deal extends Planview's presence into the mid-market for work and resource management solutions, and creates a $180 million company with more than 3,000 customers and 700 employees.