Use Your PMO to Drive Strategic Execution

Strategic execution is not easy – in fact, you almost always fail: »   90% of corporate strategies are never implemented »   70% of complex initiatives fail »   67% of projects are either challenged…

Managing Resource Capacity

Managing resource capacity is a critical function of portfolio management. Organizations commonly want to understand resource availability because every company has a limited number of people. On…

The Complete Guide to the Project Management Office

In this complete guide to the Project Management Office (PMO) we will break down in detail the difference between a PMO and an EPMO. In order to do this, we will go in-depth to review what a PMO is,…

What is a Project Portfolio Manager?

The Portfolio Manager role is commonly misunderstood related to project and portfolio management. In this article we will answer the questions, “what is a Project Portfolio Manager?” and “what does a…

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…

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.…

Best Practices for Resource Capacity Planning

Resource capacity planning is one of the most commonly cited functions of project portfolio management. Senior leadership rightly wants to understand whether they have adequate resources to take on…

How To Create A Successful Work Intake Process

Work intake is a critical success factor for project portfolio management. Does your organization have a “single entry” for new project requests? Or rather, does your organization have a front door,…

Why is Project Prioritization Important?

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…

Portfolio Planning Drives Strategic Execution

Portfolio planning drives strategic execution, but when compared to strategic planning and project planning, very few companies do an adequate job of portfolio planning. Project portfolio management…

Portfolio Communication-The Official Guide

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…

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…

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…

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…

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…

The PMO Guide to Portfolio Management Charts

In this article we present the PMO guide to project portfolio management charts and dashboards. In our data-driven age of project and portfolio management, having the right project portfolio…

Assess Portfolio Maturity Early and Often

Portfolio maturity levels represent the level of sophistication around portfolio management processes, tools, and people. It helps identify shortcomings in PPM processes (current state) and can be…

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…

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…

Project Management Software versus Project Portfolio Management Software

The Difference Between Project Management Software and Project Portfolio Management Software What is the difference between project management software and project portfolio management software?…

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…

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…

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…

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…

Great Project Communication Leads to Successful Outcomes

Introduction to Project Communication Projects are hard enough to manage without issues of poor project communication getting in the way.  I’ve always maintained that project communication is job one…

A Complete Buyers Guide for Portfolio Management Software (PPM Software)

We live in a digital age and utilizing a good PPM tool is a critical component of successful strategy execution. We believe that most companies only need lightweight PPM software to enable strategic…

The Value Gap of Today’s PPM Software Is Worse Than You Think

PPM Software Challenges The vast majority of project portfolio management (PPM) software utilizes a traditional licensing model and is expensive relative to the value customers get from the…

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