Highlights from Day 2 of the Gartner PPM Conference


Benefits and Beyond: Rethinking the Strategic Value of Project, Program, and Portfolio Management (Mark Langley-PMI  and Matt Light, Gartner )

  • We need to be able to answer the question, “Why did we do what we did?”
  • Benefits realization is a process throughout the project management lifecycle (among high performing organizations) not just at the end.
  • We have an increased need for leadership.
  • We need two types of project managers: those who are project capable, and a select group of turn-around artists who can also train/mentor junior project managers.
  • Benefits realization = ACCOUNTABILITY, which requires a ‘culture of PPM’
  • Organizations should match talent with appropriate projects
  • If you don’t have a business case, you are guaranteed to not know whether you achieved anticipated value
  • Finally, it requires leaders to deliver benefits

 

Follow the Yellow Brick Road (Michael Hanford, Gartner )

Pros and Cons of Centralized PMO

  • Pros: Can develop a better project management culture faster, everyone reports to the same director
  • Cons: business knowledge ages, disconnected group from the rest of the business

 

Identifying and Harnessing Complexity in Projects, Programs, and Portfolios (Robert Handler, Gartner )

  • See: A Leader’s Framework for Decision Making for more information on the Cynefin model
  • Work in the Simple area of the Cynefin model should not be projectized
  • 80% of projects reside in the complicated area
  • 20% of projects are likely in the complex area (but drive 80% of the value).

 

PPM Marketscope (Daniel Stang, Gartner )

  • Out of the box report is weak for many PPM vendors
  • Most companies never get past time tracking
  • It can take 3+ years to resolve resource management challenges
  • With new implementations, start small and provide ‘just enough’ visibility
Tim Washington
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Tim Washington

Senior Associate at Point B
I am an Associate at Point B consulting with a professional goal of making companies successful with project portfolio management.

My personal approach is to right-size portfolio management processes to fit an organization's culture and maturity to be effective without creating a bureaucracy. Please contact me if you would like to know more about how project portfolio management (PPM) can help your organization achieve its strategic goals.
Tim Washington
Follow me

Tim Washington

I am an Associate at Point B consulting with a professional goal of making companies successful with project portfolio management. My personal approach is to right-size portfolio management processes to fit an organization's culture and maturity to be effective without creating a bureaucracy. Please contact me if you would like to know more about how project portfolio management (PPM) can help your organization achieve its strategic goals.

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