Projects at Work

Planning the Portfolio

Project portfolio planning efforts often stumble on seven common pitfalls, including outdated evaluation criteria and prioritization based on emotion. To avoid these missteps and produce better business outcomes, here is a best-practice framework that can be tailored to meet the specific needs of your organization.


“If anything is certain, it is that change is certain. The world we are planning for today will not exist in this form tomorrow.” – Philip Crosby (Quality Guru)

I have had a number organizations tell me “just give me the process and I’ll execute it,” but portfolio planning is more of an art than a process. Tools like spreadsheets, metrics, scorecards and investment maps can provide insight based on past experience, but you still need to make the decisions.

Today an enterprise has (or should have) a well-defined strategy that outlines its performance objectives and how it plans to reach them. In order to deliver on those objectives, the …



Please login or register below to read the rest of the article

Subscribers login here:

OR

OR

Not a subscriber yet? Sign up here:

    You must have JavaScript and cookies enabled to use this website. Please enable javascript and refresh this page.
    How do I enable JavaScript in my browser? | How do I enable cookies in my browser?
  • First Name
    Last Name
  • Choose a password (at least 4 characters)
    Confirm your password
  • ProjectsAtWork is accredited under Return Path's Sender Score Certified™ Program. The Sender Score Certified Program helps to increase successful email delivery by requiring senders to adhere to a set of specific email standards. For more information, please see www.senderscorecertified.com.
  • please enter the text below:
  • You must have JavaScript and cookies enabled to use this website. Please enable javascript and refresh this page.
    How do I enable JavaScript in my browser? | How do I enable cookies in my browser?

ADVERTISEMENT

SPONSORS

EVENTS

jose f: "Thanks Lisa...I really enjoy this excellent article." on The Power of Less
June 25, 2016

Dawn S: "Thought-provoking suggestions. Thanks for the ideas." on The Leadership Mirror
June 24, 2016

Virendra S: "Very interesting articlr.thankd for sharing" on Is Your Project Audit-Ready?
June 24, 2016

Rupom Mohammad Foyez R: "Thanks for sharing" on Assess Value of Going Agile
June 23, 2016

 

TOP CONTRIBUTORS

Dave Prior

Agile Consultant, LeadingAgile
Dave Prior, PMP, CST, MBA is an Agile Consultant for LeadingAgile where …

Andy Jordan

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

Bart Gerardi

Director, Software Development, Audible.com
Bart has been in ecommerce for over 20 years, and can’t imagine a …

Tushar Patel

VP of Marketing, innotas
Tushar Patel is currently Vice President of Marketing at Innotas, the le…

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

TOOLS & TRAINING

project management software
     

Cloud portfolio management solutions to improve value contribution by connecting planning & execution through Project Portfolio Management (PPM) and Resource Management software. Innotas is named a "Leader" by Gartner, Forrester, and IDC.

project management software
     

With over 7 million users and 73,000+ organizations Smartsheet is an award winning online project management & task collaboration tool that is redefining how teams work.

     

Take your project delivery capability to the next level. Our PM and Agile training is practical and hard-hitting, focusing on the topics that make the most impact. We are a PMI R.E.P. and an expert in maximizing knowledge transfer.

project management software
     

Mavenlink delivers enterprise-class Software as a Service (SaaS) that transforms how businesses work with distributed teams around the globe. Our software combines collaborative project management with resource planning and business insights.

ADVERTISEMENTS