Friends Don't Let Friends Use Spreadsheets to Manage Their Project List

Getting Started with Portfolio Management – The Project List

Project portfolio management is a senior leadership discipline to accomplish strategic goals and maximize business value through its project investments. It’s about doing the right work. A portfolio is a collection of projects and programs. Therefore, if you want to manage the portfolio, you need…


Portfolio Planning - 3 levels of planning

PPM 101: Portfolio Planning Drives Strategic Execution

Strategic planning and project planning are common topics, but very few companies do an adequate job of portfolio planning. Project portfolio management is about strategic execution with the goal of maximizing business value delivery. Successful portfolio planning synthesizes what the company or…


PPM 101 - Project Portfolio Optimization

Introduction to Project Portfolio Optimization Project portfolio optimization offers the promise of generating and delivering the maximum possible business value from the company’s project portfolio. By using data and advanced analysis techniques, organizations can often generate more business…


The Official Guide to Portfolio Communication

PPM 101 - The Official Guide to Portfolio Communication

Portfolio communication is the real heartbeat of project portfolio management. Strong communication keeps the organization aligned on what is most important. This thought is exemplified by Patrick Lencioni’s classic quote, “If you could get all the people in an organization rowing in the same…


PPM 101 - Portfolio Risk Management

Portfolio risk management enables organizations to protect portfolio investments and balance the level of risk in the portfolio. Organizations focused on improving their portfolio management discipline will be in a position to begin portfolio risk management after they have established work intake…


Benefits Realization

PPM 101: Benefits Realization and Portfolio Value Management

Next to resource capacity planning, benefits realization is one of the hardest portfolio management processes to get right. Yet, in spite of the challenges, it gets the most buzz of any PPM process. It is a hot topic among PMO leaders and regularly covered at events such as Project Management…


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 Maturity Model

PPM 101 - Assess Portfolio Maturity In Order To Get There

Why Measuring Portfolio Maturity Is Important A portfolio maturity model is a tool to assess the level of sophistication in the processes, tools, and people involved in managing the project portfolio process. Portfolio maturity levels represent the level of sophistication around portfolio…


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…