'We're Not Ready for Portfolio Management'
byThis practitioner often hears organizations claim they aren’t ready for portfolio management. They are...but they need to start with a different definition of what portfolio management is.
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Dealing with Portfolio Complexity
byDefining what PPM means in the context of an organization isn't easy. One thing is for sure: Portfolio management is a complex management undertaking that continuously challenges even the most seasoned professionals. So the question that often arises is: What makes this so complex?
Making Sense of Portfolio Management
byBy one measure, portfolio management is a specialized discipline best suited for organizations with high project management maturity. How do you know when it makes sense to add a portfolio management function or office to your organization?
The Misnomer of the Portfolio Lifecycle
byOne of the fundamental tenets of portfolio management is the concept of a portfolio lifecycle, from planning through delivery and benefit attainment. The problem? That’s completely wrong.
The Future Is Now in Portfolio Planning
byShorter planning windows, driven by shifting market and customer demands, are changing the role of portfolio management. But it creates new challenges and risks that must be addressed. Here’s a real-world example.
Project Portfolio Management: A Practical Process
byMost of us in the world of project management are acquainted with the concept of project portfolio management, but how many of us really understand exactly what PPM managers actually do? What processes do they follow?
The Role of the Portfolio Manager
byPortfolio management has become a much more important discipline in the last few years, but what exactly is a portfolio manager’s role in the organization?
Is a PMO Worth It?
byAs a company with multiple sites running independently becomes a consolidated organization, we must consider if a PMO is necessary or advantageous. Does an organic PMO organized and run as a grassroots operation by project managers work well enough? Does a PMO fit in our organizational culture? Is the cost of creating and maintaining a PMO worth the investment?
Does Project Management Have a New Dashboarding Tool?
byIn recent years, business intelligence solutions have become more important in many aspects of business. What can they do for project management?
On Program Management: An Adaptive Approach for the Evolving Business Environment (Part 2)
byHow do the business functions of project, program and portfolio management bring about change within organizations? In Part 2, we focus on our roles in an ever-changing organizational landscape.
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"In three words I can sum up everything I've learned about life. It goes on." - Robert Frost |
