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…
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,…
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 - Assess Portfolio Maturity In Order To Get There
A portfolio maturity model is a tool to assess the level of sophistication in the processes, tools, and people involved in managing the project portfolio process. Portfolio maturity levels represent the level of sophistication around portfolio management processes, tools, and people. It helps…
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…
Las Realidades de la Ejecución Stratégica
The Challenges of 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 or impaired One of the continuing difficulties executives…
PPM 101: La Priorización de Proyectos mejorará su Portafolio de Proyectos
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…
PPM 101: ¿Qué es la Gestión del Portafolio de Proyectos?
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…