What is the Best Lightweight PPM Software for New PMO's? A Complete Buyers Guide for Portfolio Management Software

We live in a digital age and portfolio management software is a critical component of successful strategy execution. We believe that most companies only need lightweight PPM software to enable strategic agility. You cannot afford to be slowed down by cumbersome spreadsheets – executives need the…


PPM 101: How to Effectively Use a Priority Matrix

In this post we will cover what a priority matrix is and how to use a prioritization matrix in the context of project portfolio management. What is a Priority Matrix? A priority matrix is a tool used to categorically prioritize types of work. It has three primary strengths: simplicity, speed, and…


PPM 101 - Do You Have a Portfolio Roadmap to Communicate Value?

Project portfolio management (PPM) is about maximizing business value delivery and the portfolio roadmap (or strategic roadmap) helps senior leaders track the delivery of that value. Senior leadership is uniquely responsible for ensuring that projects and programs within the portfolio deliver the…


PPM 101 - Good Project Portfolio Governance Delivers Superior Results

Strong project portfolio governance is the number one success factor for making portfolio management successful. Unfortunately, most companies struggle with governance. In fact, when you hear the word ‘governance’, what comes to mind? Do you think of bureaucracy, lots of meetings with few or no…


PPM 101: The Challenges of Resource Capacity Planning

Resource capacity planning is a critical function of portfolio management. Organizations commonly want to understand resource availability because every company has a limited number of people. On paper, capacity planning sounds simple – compare resource estimates against available time to work. In…


PPM 101: Why You Need to Develop A Phase-Gate Process

Phase-Gate Overview The Phase-Gate process (also referred to as Stage-Gate) is a governance structure to evaluate, authorize, and monitor projects as they pass through the project lifecycle and is a critical component of project selection and portfolio oversight. In the previous post we discussed…


Work Intake - The Front Door For the Organization

PPM 101: How To Create A Successful Work Intake Process

Work Intake - The Front Door Does your organization have a “single entry” for new project requests? Or rather, does your organization have a front door, a side door, a back door, and many other ways to receive requests? Having multiple ways to submit requests is a common problem for many companies…


Project Prioritization

PPM 101: Project Prioritization Will Improve Your Portfolio

Project Prioritization is About Maximizing Value Project prioritization (and by extension, portfolio management) is about delivering the maximum value possible through programs and projects. In order to maximize value delivery, governance teams that approve work need to share a common view of…


Why is Strategy Delivery So Hard?

Why Is Strategy Delivery So Hard?

The Challenge Recent studies¹ indicate that strategy implementation fails a stunning 50 to 90 percent of the time. For executives who are pressed to deliver value for their organizations and shareholders, those odds are unacceptable. Why is strategy delivery so difficult? What makes the odds of…


Overview of Project Portfolio Management

PPM 101: What Is Project Portfolio Management?

What is Project Portfolio Management (PPM)? Project portfolio management (hereafter referred to as “PPM”) is a critical component for executives and senior managers to execute strategy. According to Mark Morgan, “there is simply no path to executing strategy other than the one that runs through…