portfolio processes Archives - ppmexecution.com https://ppmexecution.com/tag/portfolio-processes/ A portfolio management knowledge (PPM) center promoting strategic leadership for strategic execution through project portfolio management Wed, 27 May 2020 05:45:09 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 Greater Value From Portfolio Management Systems https://ppmexecution.com/greater-value-from-portfolio-management-systems/ https://ppmexecution.com/greater-value-from-portfolio-management-systems/#respond Sun, 02 Dec 2012 07:48:52 +0000 http://ppmexecution.com/?p=299 Portfolio management systems have a very real place in making PPM processes successful. These systems have the potential to drive value in a number of ways, some of which are highlighted below: 1) Enterprise repository (“single source of truth”)—having a single system that contains up-to-date and accurate project and portfolio data is valuable. Gone are […]

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]]> https://ppmexecution.com/greater-value-from-portfolio-management-systems/feed/ 0 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 Prioritization Matrix https://ppmexecution.com/prioritization-matrix/ https://ppmexecution.com/prioritization-matrix/#comments Sat, 03 Nov 2012 07:27:49 +0000 http://ppmexecution.com/?p=257 [activecampaign form=9]In a recent LinkedIn discussion, questions were asked about the short-comings of prioritization matrices. I would like to highlight the strengths and weaknesses of using such a tool for portfolio management. Firstly, a priority matrix differs from a more traditional scoring approach in that it offers a limited number of priority selections. The most […]

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]]> https://ppmexecution.com/prioritization-matrix/feed/ 3 Highlights from Day 1 of the Gartner PPM Conference https://ppmexecution.com/highlights-from-day-1-of-the-gartner-ppm-conference/ https://ppmexecution.com/highlights-from-day-1-of-the-gartner-ppm-conference/#respond Wed, 23 May 2012 05:04:05 +0000 http://ppmexecution.com/?p=238 I am attending my first Gartner conference and have included some of the highlights from day 1 below: AM Keynote: It’s about risk. Don’t apply process overhead to low risk efforts. Today’s status has something for pleasing everyone, but the full truth for no one. Don’t ask everyone to ‘run’ when walking is ok. Business […]

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]]> https://ppmexecution.com/highlights-from-day-1-of-the-gartner-ppm-conference/feed/ 0 Phased Approach for Portfolio Software Implementations https://ppmexecution.com/phased-approach-for-portfolio-software-implementations/ https://ppmexecution.com/phased-approach-for-portfolio-software-implementations/#respond Fri, 23 Mar 2012 05:17:49 +0000 http://ppmexecution.com/?p=205 In a previous blog post, I commented on doing portfolio management ‘by hand’ to learn the processes before adopting a robust portfolio tool. In a recent discussion on LinkedIn, one consultant commented that this most successful PPM software implementations occurred when companies took a phased approach to ease in the new solution. The first phase […]

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]]> https://ppmexecution.com/phased-approach-for-portfolio-software-implementations/feed/ 0 The Need to Develop a Deep Understanding of PPM https://ppmexecution.com/the-need-to-develop-a-deep-understanding-of-ppm/ https://ppmexecution.com/the-need-to-develop-a-deep-understanding-of-ppm/#comments Thu, 23 Feb 2012 04:51:27 +0000 http://ppmexecution.com/?p=199 Portfolio Management practitioners need to thoroughly understand the implications of various portfolio management practices and disciplines. I read an article last year discussing the misapplications of Lean principles. In contrast to other companies, Toyota’s success with the Toyota Production System is rooted in a deep understanding of the principles and theories so that they can […]

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]]> https://ppmexecution.com/the-need-to-develop-a-deep-understanding-of-ppm/feed/ 2 Bubble Charts and Normalization https://ppmexecution.com/bubble-charts-and-normalization/ https://ppmexecution.com/bubble-charts-and-normalization/#comments Wed, 01 Feb 2012 05:22:21 +0000 http://ppmexecution.com/?p=192 Bubble charts are common place in portfolio management processes. Without a designated portfolio management tool, I have designed bubble charts by hand using Excel and PowerPoint. To determine a ‘value’, we use our prioritization value scores and compare that among projects. We have risk scores as part of our prioritization criteria that drive the ‘risk’ […]

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]]> https://ppmexecution.com/bubble-charts-and-normalization/feed/ 1 Can we absorb all the changes? https://ppmexecution.com/can-we-absorb-all-the-changes/ https://ppmexecution.com/can-we-absorb-all-the-changes/#respond Thu, 26 Jan 2012 05:23:05 +0000 http://ppmexecution.com/?p=186 In the book, Project Portfolio Management: A View from the Management Trenches, one of the questions posed is ‘can we absorb all the changes?’  At first glance I dismissed the question and instead focused on the four components of the portfolio lifecycle. However, after further reading, it became clearer to me that from a portfolio […]

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]]> https://ppmexecution.com/can-we-absorb-all-the-changes/feed/ 0 What is Strategic Execution? https://ppmexecution.com/what-is-strategic-execution/ https://ppmexecution.com/what-is-strategic-execution/#respond Sat, 17 Dec 2011 21:09:21 +0000 http://ppmexecution.com/?p=163 Strategic execution must accompany strategic planning, otherwise the strategic objectives and goals simply becomes words on a page. In my experience, I have seen companies post their strategies on a wall without any method or approach for ensuring that those strategies are accomplished. About 30 years ago, a survey was conducted highlighting that about 90% […]

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]]> https://ppmexecution.com/what-is-strategic-execution/feed/ 0 Doing Portfolio Mechanics by Hand https://ppmexecution.com/doing-portfolio-mechanics-by-hand/ https://ppmexecution.com/doing-portfolio-mechanics-by-hand/#comments Wed, 28 Sep 2011 05:15:02 +0000 http://ppmexecution.com/?p=93 In a recent discussion on LinkedIn regarding portfolio tool implementations, one consultant commented that the most successful deployments have been done in phases with an upgrade to a more sophisticated tool being done after improving process maturity. Such an approach makes a lot of sense and could be likened to using a calculator after learning how […]

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