By The Enterprise Portfolio Management Council(auth.)
Written via ten winning venture portfolio managers from businesses together with AAA, Boeing, Franklin Templeton, Johnson & Johnson, Safeway, and the united kingdom executive, this easy-to-follow consultant takes you thru the venture portfolio administration technique. it truly is according to what really works, providing you with a transparent street map and the instruments had to confirm the optimum combine and sequencing of initiatives so as to meet your organization's objectives. The booklet starts off by means of explaining simple PPM ideas and why PPM is extra severe than ever for enterprise good fortune. This advent is by way of a narrative, monitoring the stories of a supervisor new to PPM as he discovers the problems that every one folks face in attempting to get traction with our PPM projects. In answering the questions our tale increases, the e-book then info every one step of the PPM technique, utilizing circumstances and examples drawn from the authors' first hand event that will help you handle such key questions as:
Which initiatives should still our association put money into?
How will we optimize our organization's capability?
How good are we executing the PPM procedure?
Can our association take up all of the alterations that our PPM plan calls for?
Are we reaching all of the anticipated advantages?
The authors are all participants of the company Portfolio administration Council, a bunch of senior portfolio administration executives devoted to aiding organisations increase their very own portfolio administration functions. you can now make the most of their collective knowledge and adventure, and replica their profitable effects inside of your individual organization.Content:
Chapter 1 what's undertaking Portfolio administration? (pages 1–24):
Chapter 2 advent (pages 25–36):
Chapter three Are We making an investment within the correct issues? (pages 37–51):
Chapter four Are We Optimizing Our capability? (pages 53–68):
Chapter five How good Are We Executing? (pages 69–73):
Chapter 6 do we take up the entire adjustments? (pages 75–85):
Chapter 7 Are We knowing the Promised advantages? (pages 87–101):
Chapter eight The PPM technique (pages 103–114):
Chapter nine surroundings the basis for fulfillment (pages 115–138):
Chapter 10 PPM layout (pages 139–164):
Chapter eleven enforcing PPM (pages 165–182):
Chapter 12 retaining PPM (pages 183–192):
Chapter thirteen Bringing all of it jointly (pages 193–198):
Read or Download Project Portfolio Management: A View From the Management Trenches PDF
Best project management books
This is often the up-to-date 2011 variation (4th ed).
With revenues of greater than 160,000 copies, basics of venture administration has helped generations of venture managers navigate the fine details of each element of this complicated self-discipline. utilizing an easy step by step process, the publication is the right creation to undertaking administration instruments, thoughts, and ideas. Readers will how you can: * improve a undertaking assertion, imaginative and prescient, objectives, and targets * Plan the venture * Create the paintings breakdown constitution * Produce a possible agenda * comprehend earned worth research * deal with a venture group * keep an eye on and evaluation growth at each degree. absolutely up-to-date in response to the newest model of the venture administration physique of information (PMBOK(r)), the fourth version comprises new details and elevated assurance at the undertaking probability plan; the swap keep an eye on procedure; the concept that of the venture supervisor as chief; and extra. This up to date advisor is stuffed with assistance and strategies for making plans and executing initiatives on time, on price range, and with greatest potency.
Nice managers are specialists at getting bottom-line effects, yet usually don't realize their function within the good fortune or failure in their organization’s initiatives. They draw back on the arcane terminology and are blind to how you can use useful venture administration ideas and tools—a wisdom hole that may be a major occupation barrier!
The traditional for Portfolio administration – moment variation keeps to acknowledge strong practices within the self-discipline of portfolio administration. With new wisdom parts it is helping portfolio managers “do the suitable paintings. ”What’s new? * new wisdom parts: Portfolio possibility administration and Portfolio Governance. (Governance is liable for funding judgements during the portfolio lifecycle.
Written via ten profitable undertaking portfolio managers from businesses together with AAA, Boeing, Franklin Templeton, Johnson & Johnson, Safeway, and the united kingdom govt, this easy-to-follow consultant takes you thru the undertaking portfolio administration method. it truly is in line with what truly works, providing you with a transparent highway map and the instruments had to make sure the optimum combine and sequencing of tasks so that it will meet your organization's ambitions.
Extra info for Project Portfolio Management: A View From the Management Trenches
37 38 ARE WE INVESTING IN THE RIGHT THINGS? Many of them are coming from operations or, as in John’s case, finance and accounting. ’’ ‘‘Well, that is interesting. I had assumed that he had as much experience of portfolio management as we have. That would certainly explain why he could be running into trouble,’’ said Bill. ’’ ‘‘Oh, I’m sure you’re right. And now that you’ve found out he comes from a finance background, I bet that’s the case. If I know Bill, he’s probably ended up bogged down in the detail, convincing himself that most, if not all, project ideas make sense when looked at from a strict cost-benefit perspective.
It’s a tiered thing. You don’t need to implement PPM at the enterprise level to see the benefits of PPM. Foundational Tools The business case The project governance process map Lessons Learned Even ‘‘mandatory’’ projects have options. Engaging business leaders in an open, fact-based dialogue is a key outcome of PPM. When seeking to implement resource management for the first time, focus on a staged approach, using quick wins to build momentum and buy-in. Individual project business cases can be compelling, but we need to look at the entire portfolio pipeline to determine the best course of action for the company.
He is the vice president of portfolio management for Acme Retail, Inc. He is relatively new in the position. At the start of the story he has been at his new job for six months. He attended college in the New England area with Bill Smith, where they were roommates in a fraternity. John and Bill graduated ten years earlier. BILL SMITH Bill comes to the aid of John as he struggles with PPM. He is a PPM practitioner and head of the Enterprise Portfolio Management Council (EPMC). Bill is our story’s expert.