Portfolio Optimization Archives - ppmexecution.com https://ppmexecution.com/category/portfolio-optimization-2/ 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=6.9.1 A Guide to Building a Project Prioritization Scoring Model https://ppmexecution.com/how-to-build-a-prioritization-scoring-model/ https://ppmexecution.com/how-to-build-a-prioritization-scoring-model/#comments Tue, 04 Sep 2018 06:10:40 +0000 http://ppmexecution.com/?p=872 [activecampaign form=9] PRIORITIZATION IN THE CONTEXT OF PROJECT PORTFOLIO MANAGEMENT Portfolio management is about maximizing organizational value delivery through programs and projects. In order to maximize value delivery, the governance teams that approve work and prioritize projects need to share a common view of “value” in order to use a scoring model to select the […]

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]]> https://ppmexecution.com/how-to-build-a-prioritization-scoring-model/feed/ 15 Portfolio Optimization—Data and Constraints https://ppmexecution.com/portfolio-optimization-data-constraints/ https://ppmexecution.com/portfolio-optimization-data-constraints/#comments Tue, 27 Sep 2016 05:08:48 +0000 http://ppmexecution.com/?p=811 [activecampaign form=9]In our hyper-accelerated business world, data analysis and data visualization are exceptionally important. In the realm of project portfolio management (PPM) and PMO’s, organizations need robust data analysis to strengthen decision making and improve strategic execution. The key is to have the right processes in place to collect the right data and ensure that […]

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]]> https://ppmexecution.com/portfolio-optimization-data-constraints/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 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 Five Uses of a Prioritization Scoring Model https://ppmexecution.com/five-uses-of-a-prioritization-scoring-model/ https://ppmexecution.com/five-uses-of-a-prioritization-scoring-model/#comments Sat, 24 May 2014 23:39:12 +0000 http://ppmexecution.com/?p=514 Project prioritization is one of the most common topics in portfolio management literature. Within the context of project prioritization is the matter of scoring models because scoring models are the most widely used approach to prioritize projects. Although there are a lot of opinions on the effectiveness of common scoring models, they are nonetheless the […]

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]]> https://ppmexecution.com/five-uses-of-a-prioritization-scoring-model/feed/ 1 Book Review-A Fish In Your Ear https://ppmexecution.com/book-review-a-fish-in-your-ear/ https://ppmexecution.com/book-review-a-fish-in-your-ear/#comments Sun, 18 May 2014 05:38:28 +0000 http://ppmexecution.com/?p=501 After reading the first three chapters of A Fish In Your Ear, I stopped reading it for about a year. A lot of time is spent discussing the psychology of decision making, which is not often covered in the PPM literature, but it wasn’t enough to keep my attention. I came back to the book […]

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]]> https://ppmexecution.com/book-review-a-fish-in-your-ear/feed/ 1 Portfolio Planning vs Strategic Planning https://ppmexecution.com/portfolio-planning-vs-strategic-planning/ https://ppmexecution.com/portfolio-planning-vs-strategic-planning/#comments Thu, 07 Feb 2013 03:21:53 +0000 http://ppmexecution.com/?p=343 Too often, the modus operandi for many organizations is to receive requests and filter them through a stage-gate process in order to evaluate the merit of the request and select the right projects. If the project is selected, a project team is assembled and the project planning begins. There is nothing wrong with this process, […]

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]]> https://ppmexecution.com/portfolio-planning-vs-strategic-planning/feed/ 4 Tactical or Strategic PPM https://ppmexecution.com/tactical-or-strategic-ppm/ https://ppmexecution.com/tactical-or-strategic-ppm/#comments Mon, 12 Nov 2012 06:21:13 +0000 http://ppmexecution.com/?p=268 Fundamentally, portfolio management is about strategic execution and maximizing value to the organization through important project investments. Through various processes, leadership teams can determine how well their project investments align to key strategic goals. Optimization techniques can further enhance the value of the portfolio, ensuring that organizations get the biggest bang for their project buck. […]

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]]> https://ppmexecution.com/tactical-or-strategic-ppm/feed/ 2 What Are We Optimizing? Part 1 https://ppmexecution.com/what-are-we-optimizing-part-1/ https://ppmexecution.com/what-are-we-optimizing-part-1/#comments Tue, 15 May 2012 00:12:26 +0000 http://ppmexecution.com/?p=225 Portfolio optimization entails all the steps necessary to construct an optimal portfolio given current limitations and constraints. These steps occur repeatedly in the portfolio management lifecycle and work in tandem with Stage-Gate processes for selecting the right projects. The purpose of optimization is to maximize the portfolio value under certain constraints. Understanding and managing these […]

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]]> https://ppmexecution.com/what-are-we-optimizing-part-1/feed/ 3 The Goal of Resource Capacity Management https://ppmexecution.com/the-goal-of-resource-capacity-management/ https://ppmexecution.com/the-goal-of-resource-capacity-management/#comments Mon, 23 Apr 2012 22:41:09 +0000 http://ppmexecution.com/?p=213 Resource capacity planning is a hot topic in portfolio management discussions because it is one of the key steps for optimizing the portfolio, but it is also one of the most difficult processes to perform. For most organizations that operate in a multi-project environment, project demand far outweighs resource supply. Overloading the project pipeline puts […]

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