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…
The Complete Guide to the Project Management Office (PMO’s and EPMO’s)
In this guide 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 it does, what the benefits are, and the different types of PMO’s. From there we will cover what an Enterprise PMO is and does and provide an…
What is a Project Portfolio Manager?
A common but misunderstood question related to project portfolio management is “what is a Project Portfolio Manager?” and “what does a Project Portfolio Manager do”? Most articles get this wrong because it is discussed from a theoretical point of view, not based on actual practice. As we will see,…
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…
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…
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…
PPM 101: Realización de Beneficios y la Gestión del Valor del Portafolio de Proyectos (en inglés)
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: Cómo utilizar eficazmente la matriz de prioridades
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…