Project Portfolio Decision Gate Framework
A project portfolio decision gate framework 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 the work intake process which…
Benefits Realization and Portfolio Value Management
Benefit realization is one of the hardest portfolio management processes to get right (after resource capacity planning). Yet, in spite of the challenges, it gets the most buzz of any PPM process. It is a hot topic among Portfolio Managers and PMO leaders and the Project Management Institute.…
How to Build and Use a Priority Matrix
In this post we will cover what a priority matrix is, and how to build a prioritization matrix, and how to use a priority 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…
Managing Project Interdependencies
Managing project dependencies (or interdependencies) is an often-missed tactical capability of project portfolio management (PPM). Yet, managing project dependencies is an important part of portfolio planning so as to tactically coordinate project execution. Successful management of project…
Strong Project Portfolio Governance Delivers 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…
The Portfolio Roadmap Communicates 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: 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…
Getting Started with Portfolio Management – The Project List
[activecampaign form=3] 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…
