Governance Archives - ppmexecution.com https://ppmexecution.com/category/governance/ A portfolio management knowledge (PPM) center promoting strategic leadership for strategic execution through project portfolio management Wed, 27 May 2020 05:42:04 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 Know The Difference Between Work Intake Versus Stage-Gate https://ppmexecution.com/intake-versus-stage-gate/ https://ppmexecution.com/intake-versus-stage-gate/#comments Sun, 01 Apr 2018 00:53:40 +0000 http://ppmexecution.com/?p=836 [activecampaign form=9]What is the difference between a work intake process and a Stage-Gate process? This is important to distinguish, especially for newer PMO’s that are setting up portfolio management processes. Work Intake The work intake process refers to the steps of developing a project proposal and bringing it to the governance board (or PMO) for […]

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]]> https://ppmexecution.com/intake-versus-stage-gate/feed/ 1 Improve Portfolio Health By Avoiding Two Portfolio Management Extremes https://ppmexecution.com/improve-portfolio-health-by-avoiding-two-portfolio-management-extremes/ https://ppmexecution.com/improve-portfolio-health-by-avoiding-two-portfolio-management-extremes/#respond Wed, 30 Mar 2016 15:20:58 +0000 http://ppmexecution.com/?p=762 Two Simple Questions You can measure your general portfolio health with two simple questions: 1) Do you approve all or almost all of your projects? 2) Are you approving so few projects that people would say you are “cutting to the bone”? These are two portfolio management extremes that we will examine in this post. […]

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]]> https://ppmexecution.com/improve-portfolio-health-by-avoiding-two-portfolio-management-extremes/feed/ 0 Portfolio Reports – Portfolio Bubble Charts https://ppmexecution.com/portfolio-reports-portfolio-bubble-charts/ https://ppmexecution.com/portfolio-reports-portfolio-bubble-charts/#comments Sun, 14 Feb 2016 08:06:48 +0000 http://ppmexecution.com/?p=750 This is the third post in a series on portfolio management reports. In the first post, we reviewed introductory portfolio management reports that convey the basic dimensions of the portfolio. In the second post we reviewed treemaps and advanced pareto charts that can help identify outlier projects worthy of more scrutiny. In this post we […]

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]]> https://ppmexecution.com/portfolio-reports-portfolio-bubble-charts/feed/ 2 Communicate Portfolio Value https://ppmexecution.com/communicate-portfolio-value/ https://ppmexecution.com/communicate-portfolio-value/#respond Mon, 26 Jan 2015 06:09:47 +0000 http://ppmexecution.com/?p=668 I recently finished a project helping a CPG organization within a large retail company implement a product portfolio management process. The company as a whole tends to avoid developing business processes, but this CPG organization recognized the need for greater process discipline around its product pipeline and work in-take. Any endeavor to implement portfolio management can […]

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]]> https://ppmexecution.com/communicate-portfolio-value/feed/ 0 Portfolio Review Meetings https://ppmexecution.com/portfolio-review-meetings/ https://ppmexecution.com/portfolio-review-meetings/#comments Mon, 24 Nov 2014 06:45:42 +0000 http://ppmexecution.com/?p=656 [activecampaign form=9] Portfolio Review Meetings Portfolio review meetings are a great way to review and assess the entire project portfolio with the governance team. Unfortunately in practice, these meetings can be overwhelming, time consuming, and unproductive. There are many ways to conduct a portfolio review meeting, but one of the key questions of the governance […]

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]]> https://ppmexecution.com/portfolio-review-meetings/feed/ 3 Gate Review Filters https://ppmexecution.com/gate-review-filters/ https://ppmexecution.com/gate-review-filters/#respond Sun, 20 Jul 2014 06:31:39 +0000 http://ppmexecution.com/?p=536 Phase-gate reviews improve project selection. If an organization wants a winning portfolio then the governance team must select winning projects. Therefore the project governance board must be able to discriminate between good projects and great projects. The phase-gate process enables the project governance board to review these projects based on preselected strategic criteria at the […]

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]]> https://ppmexecution.com/gate-review-filters/feed/ 0 The Purpose and Goal of Prioritization https://ppmexecution.com/the-purpose-and-goal-of-prioritization/ https://ppmexecution.com/the-purpose-and-goal-of-prioritization/#comments Mon, 21 Apr 2014 05:29:45 +0000 http://ppmexecution.com/?p=493 Prioritization is firstly about focus—where to assign resources and when to start the work. It is not primarily about scoring methods and ranking mechanisms.  Without defining project priorities, it is difficult to effectively distribute personnel to carry out the highest valued projects. Project priorities enable management to assign their employees to the most important projects. […]

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]]> https://ppmexecution.com/the-purpose-and-goal-of-prioritization/feed/ 1 PMI Standard for Portfolio Management Third Edition https://ppmexecution.com/pmi-standard-for-portfolio-management-third-edition/ https://ppmexecution.com/pmi-standard-for-portfolio-management-third-edition/#respond Sat, 08 Feb 2014 07:24:53 +0000 http://ppmexecution.com/?p=476 The PMI Standard for Portfolio Management Third Edition is the first edition that is worth buying. Having read the 1st and 2nd editions and reviewed the exposure draft for the 2nd and 3rd, PMI has come a long way with the third edition. Nearly all the major components of portfolio management are referenced in this […]

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]]> https://ppmexecution.com/pmi-standard-for-portfolio-management-third-edition/feed/ 0 Book Review – IT Governance https://ppmexecution.com/book-review-it-governance/ https://ppmexecution.com/book-review-it-governance/#respond Fri, 20 Dec 2013 06:54:04 +0000 http://ppmexecution.com/?p=469 Book review of IT Governance by Peter Weill and Jeanne Ross (Harvard Business School Publishing, 2004) Synopsis “IT governance is the most important factor in generating business value from IT.” “Good governance design allows enterprises to deliver superior results on their IT investments.” “Effective IT governance is the single most important predictor of the value […]

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]]> https://ppmexecution.com/book-review-it-governance/feed/ 0 Portfolio Management V-Model Part 1 https://ppmexecution.com/portfolio-management-v-model-part-1/ https://ppmexecution.com/portfolio-management-v-model-part-1/#respond Sat, 29 Jun 2013 15:56:57 +0000 http://ppmexecution.com/?p=378 I recently constructed a portfolio management-oriented V-model. The traditional V-model has been used in software and product development, but this PPM variant differs in that the end result comes together at the point of the V. This is not an exhaustive list of PPM components, but does represent critical components and how they come together […]

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