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…


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…


The Challenges of Resource Capacity Planning

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 Project Portfolio Decision Making Framework

Project Portfolio Decision Framework Overview A project portfolio decision 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…


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…