How to Build and Use a Priority Matrix
Quick answer: A project priority matrix sorts incoming work by category, ranking each type of work request rather than scoring every project individually. It is simple, fast, needs no calculations and works for both projects and operational work, which makes it a good starting point for PMOs before…
How To Create A Successful Work Intake Process
Quick answer: A project intake process is how project proposals are created, reviewed and taken to a go/no-go decision by senior leaders. A good process gives every request a single front door, a standard intake form and clear steps, so the PMO can see the entire project pipeline and approve higher…
Best Practice for Work Intake (Demand Management)
What Is Demand Management (Work Intake) and Why It Matters 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 utilization).…
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 selection and portfolio oversight. In the previous post we discussed the work intake process which…
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 is about strategic execution with the goal of maximizing business value delivery. Successful…
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 leadership is uniquely responsible for ensuring that projects and programs within the portfolio deliver the…