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 - 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…
Best Practices for Resource Capacity Planning
Introduction to 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 more project work and whether their existing work will get done on…
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,…
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 agility. You cannot afford to be slowed down by cumbersome spreadsheets – executives need the right…
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…
PPM 101: Los desafíos de la Planificación de la Capacidad de los Recursos
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…
¿Por qué es tan difícil la implementación de estrategias?
The Challenge Recent studies¹ indicate that strategy implementation fails a stunning 50 to 90 percent of the time. For executives who are pressed to deliver value for their organizations and shareholders, those odds are unacceptable. Why is strategy delivery so difficult? What makes the odds of…
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 software. There has been little innovation in the licensing model for PPM software since 2008 (when…