Alignment and allocation
prioritization and politics
visibility and value
strategy and synergy.
Best practices, lessons learned and advice from your peers in the trenches.
Project Management Institute has launched its 2015 thought leadership series on project portfolio management, focusing on the benefits of the discipline and the challenges that organizations face in aligning projects and programs to strategy.
Organizations must periodically evaluate their PMOs to ensure things are strategically aligned with business goals, and to keep pace with changing roles, responsibilities and missions. Here’s a guide to understanding your PMO’s maturity level and where and how improvement should occur.
Like the telephone game in which a message changes as it is whispered from one person to another, a lot can get lost as strategic initiatives travel across an organization, from idea to plan to execution. But it’s no secret that transparency is key to keeping priorities aligned.
Before implementing a Project Portfolio Management (PPM) solution, expectations, support and staffing must be addressed. Here are guidelines based on six key questions that can help ensure your rollout is not only successful but improves alignment and delivers benefits across the organization.
Thought-leaders and practitioners give voice to the latest trends, techniques and tools.
Culture hacker Jim McCarthy revisits his breakthrough work with software teams at Microsoft in the 1990s, and then shares his passion for collaborative creation, which doesn’t require “permission from above” — it’s about safely sharing and wholehearted “self-caring.” [31 min.]
Middle managers are often seen as one of the biggest roadblocks to Agile team success. Here, agile transformation coach Chris Matts discusses the important organizational role they can play in mitigating risk and supporting decision-making processes like “feature injection” to deliver business value. [23:50]
Many organizations struggle with experimentation and focus too much on processes over outcomes, says David Bland who works with companies that want to act more like lean startups. He helps them "build things that matter" through customer development practices that unpack the value proposition for users, buyers and deciders. [14:45]
Richard Sheridan talks about building a work culture that is deeply focused on “the business value of joy” at Menlo Innovations, a custom software design firm where he is CEO and chief storyteller. He says it is simple — but not easy. Here, he shares some insights and lessons learned along the way. [19:40]
There's no one right way to get the job done — it's about context and striking a balance that suits the situation. Let's compare and contrast different approaches.
The Project Portfolio Management Software Evaluation tool has been developed to support individuals in evaluating and selecting a portfolio management tool that is appropriate for their organizations. The tool provides a comprehensive set of dimensions that represent the attributes that organizations should take into consideration when selecting a PPM software package.
ProjectsAtWork has updated its PPM Software Evaluation Tool, a comprehensive set of questions and parameters to consider when selecting a project portfolio management solution. It’s a valuable guide to thoroughly analyzing your organization’s requirements and the degree to which the available offerings support the features that you care about.
Who is responsible for tracking and capturing the business benefits of projects within a portfolio? Is it the portfolio management office, which can take a long-term view, or the project sponsors who create the business case in the first place? Here’s a comparison of these two models.
A portfolio manager’s role can vary depending on the organization. Should portfolio managers be responsible for the success of individual projects — a point person for problems and resolutions? Or should they focus on hiring good people and installing good process, leaving execution and benefit realization to the project managers and sponsors?