Work Intake Best Practices

Best Practice for Work Intake (Demand Management)

Work Intake (Demand Management) Overview and WHY it is important Work Intake (also known as demand management) is perhaps the most critical component of project portfolio management because it determines the composition of the portfolio (in terms of quality, value, balance, and resource…


AI Will Change PPM

How Artificial Intelligence (AI) Will Change Project Portfolio Management

There is no question that we are in the midst of radical changes to our workplace and society due to the mainstream emergence of Artificial Intelligence (AI) and Machine Learning (ML).  Experts have been predicting for several years how AI will change the way we work. With the public arrival of…


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…


PPM 101: Why You Need to Develop a 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…


Work Intake - The Front Door For the Organization

PPM 101: How To Create A Successful Work Intake Process

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 and highlights the need for…


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…


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…


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…


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…


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…