Projects at Work

Comparisons

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.


Who Oversees Business Benefits?

- by Tom Mochal

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.

Portfolio Manager Roles

- by Tom Mochal

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?

Portfolios: Company vs. Department Level

- by Tom Mochal

In establishing portfolio management processes, your organization must first answer a fundamental question about the scope of the portfolio. Do you want to manage your work at the enterprise level or a departmental level?

Managing Projects-Only vs. Whole Portfolio

- by Tom Mochal

Portfolio management processes help ensure that organizations allocate scarce resources to the work that produces the most value. But what constitutes “work”? Projects are the most important work for many organizations, but they may represent only a fraction of the money and resources that are allocated. Should you include other work in your portfolio management process, or focus only on projects?

Portfolio Management: Balanced/Targeted

- by Andy Jordan

Portfolio management is a key corporate function that takes an organization wide view of all of the initiatives that are being undertaken and seeks to ensure successful execution in the most effective manner. There are a number of different ways that can be accomplished. Here is a summary and comparison of a balanced versus a targeted approach.

Portfolio Planning: Project or Strategy-Driven

- by Andy Jordan

Project portfolio management is more than just ensuring that projects get completed, it’s about ensuring that the projects that get done are maximally aligned with the needs of the organization. This comparison looks at two different approaches that need to be implemented at the highest level of the organization during annual strategic planning.

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TOP CONTRIBUTORS

Dave Prior

Agile Consultant, BigVisible Solutions
Dave Prior, PMP, CST, MBA is an Agile Consultant for BigVisible where he…

Bart Gerardi

Sr. Technical Program Manager, Amazon.com
Bart has been an ecommerce program manager for 15 years, and can’t…

Andy Jordan

President, Roffensian Consulting Inc.
Andy Jordan is a well known author and speaker on project management and…

Cornelius Fichtner

Cornelius Fichtner, PMP is a noted PMP expert. He has helped over 25,000…

Kathleen O'Connor

I’m a freelance journalist and digital content strategist with 15+…

Aaron Smith

Editorial Director, ProjectsAtWork.com
Aaron has been the editor of ProjectsAtWork since 2001, leading its evol…

BLOGS

Under Pressure

Posted by Aaron Smith

Our three-part series on managing the pressures of project management was a “welcome addition” to the field’s toolkit, according to reader Terry Schmidt. The series — ba...
Posted in: Projects@Work® Update


Let’s Connect

Posted by Aaron Smith

Why are so many organizations failing to execute their strategy? “You’ve Been Disconnected” offers eight insights into the problem, including how hidden conversations can sabotage...
Posted in: Projects@Work® Update


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