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Why CIOs Need More Than Application Portfolio Management

Dataversity

Most IT executives rely on strategic portfolio management tools to manage strategy to execution. Managing application assets in the enterprise portfolio isn’t enough. The post Why CIOs Need More Than Application Portfolio Management appeared first on DATAVERSITY.

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Implementing a Cohesive Approach to Agile Portfolio Management in 2020

Smart Data Collective

The reason is that Agile project management practices really work and are proven effective. This article is about the phenomenon of Agile Portfolio Management, its benefits, and a step-by-step plan of how to implement it. What is Agile Portfolio Management?

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How To Implement Lean Portfolio Management?

Agilemania

Lean Portfolio Management (LPM) involves connecting strategy to execution by using lean principles. Budgets are allocated to execute an enterprise’s strategy by portfolio management teams. What Are The Key Components Of Lean Portfolio Management?

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Manage Interruptions with Defensive Project Portfolio Management

Johanna Rothman

Answer questions about possibilities for new development from management and others. You need defensive project portfolio management so you have a chance to manage your interruptions. See the excerpt from Manage Your Project Portfolio.).

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Project Portfolio Management – An Overview | Simplilearn

Simplilearn

Project Portfolio Management Types of ITS Portfolio Management: Project Portfolio Management, Application Portfolio Management and Infrastructure Portfolio Management Many IT organizations lack adequate governance resulting in sub-optimal realization of business benefits.

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What is Lean Portfolio Management? Primary Focus | Objectives

Agilemania

LPM also known as Lean Portfolio management, refers to how senior leadership uses lean principles and systems thinking approaches to align strategy with execution. Incorporating agile and lean portfolio management offer a path to improving business agility. Portfolio Sync.

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Lean Portfolio Management Blog Series Part 1: An Overview

Cprime

” Lean Portfolio Management (LPM) is supposed to be a world-changing paradigm shift that promises to boost productivity, time to market, quality, customer satisfaction, revenue, and a host of other vital business metrics. SAFe Lean Portfolio Management safe

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Lean Portfolio Management Blog Series Part 4: Tooling

Cprime

In the previous articles in this series, we’ve discussed the dangers of “imitation” lean portfolio management (LPM) , the steps required to set up effective LPM in your organization, and the importance of connecting all levels of the organization, so there are no gaps in your data.

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Lean Portfolio Management Blog Series Part 3: Organizing for Value

Cprime

Organizing Value Streams and Portfolios. One of the most significant changes that impacts an organization moving to lean portfolio management is reorganizing the workflows, funding, and governance around value streams rather than skill silos. Traditional project management.

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The complete guide to strategy portfolio management

Monday

An organization’s portfolio can be filled with any type of investment, project, or initiative. Strategy portfolio management is a way to keep things from sliding. Lucky you, because strategy portfolio management is kind of our thing — and we’d love to walk you through it.

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Lean Portfolio Management Blog Series Part 2: Strategic Alignment

Cprime

In the previous installment of this blog series we provided an overview of the signs of imitation Lean Portfolio Management (LPM). A living, breathing strategy becomes apparent in the approval and management of work. They have a portfolio kanban with clearly defined exit states.

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The complete guide to portfolio management

Monday

Portfolio management ensures that an organization can successfully select, manage, and execute projects on a grand scale. According to the Project Management Institute , it’s “a way to bridge the gap between strategy and implementation.” . What is portfolio management?

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Article: Continuous Portfolio Management as a Contributor for Achieving Highly-Aligned, Loosely-Coupled Teams

InfoQ Articles

This article explores a journey towards continuous portfolio management. Healthcare Stories & Case Studies Agile Adopting Agile Portfolio Management Product Management Continuous Delivery Business Value Culture & Methods article

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Lean Portfolio Management w/ Tina Wang

Leading Agile

This week in LeadingAgile’s SoundNotes, Tina Wang spends some time with Dave talking about Lean Portfolio Management. During the conversation, Tina and Dave cover exactly what Lean Portfolio Management is and how it differs from a more traditional approach to Portfolio Management.

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Why free portfolio management software just won’t cut it

Monday

How do you manage 2, 5, or 10+ projects at once? The answer: project portfolio management. It allows you to track and manage your entire project portfolio (collection of projects). What’s free portfolio management software?

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Here’s everything you should know about project portfolio management

Monday

That’s where portfolio project management comes into play. Portfolio project management avoids overspending, removes inefficiencies, manages change more effectively, allows for better decision making, and helps you prioritize high-value projects. Manage and monitor.

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Agile Portfolio Management—A Preferred Approach When Investment Dollars Shrink

Agile Connection

As you adopt Agile principles it is important to understand the critical difference between Agile Project Management and Agile Portfolio Management—and that you can have one without the other

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Agile Portfolio Management—A Preferred Approach When Investment Dollars Shrink

CMCrossroads

As you adopt Agile principles it is important to understand the critical difference between Agile Project Management and Agile Portfolio Management—and that you can have one without the other

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How to Assess the Value of Old Data and Its Effect on Aging

Johanna Rothman

Even if I had organized the data (in a roadmap or a portfolio), I would have had to take the time to work through it all. I wrote about this in Manage Your Project Portfolio.) Aging items kill the momentum from either teams or managers.

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Create More Management Ease with Continuous Flow and Lower WIP: Aging First

Johanna Rothman

Most managers I see feel a ton of pressure for delivery. The managers need to “deliver” more projects, products, and features. In the image on the left, managers pressure everyone for faster delivery so the managers can change the portfolio or strategy.

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Faster Management Decisions Can Lead to More Ease and Better Results, Part 4

Johanna Rothman

We manage the risks of long-term commitments (decisions) by gaining experience with that person in many circumstances. (I Create a yearly budget as a guideline for our specific goals, but manage that budget every week and month to manage our risks.

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Shorter Plans Results in More Management Ease and Better Results

Johanna Rothman

Many managers feel pressure to deliver finished work. That's a lot of pre-commitment to long roadmaps, large and long portfolios, and long backlogs. The managers don't think they need to use data to replan frequently, to address what's happening. The managers plan for the teams, not with the teams. Worse, the managers don't deliver that finished work—the teams do. Managers do that much planning because they worry about maintaining revenue.

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How Managers Can Use Flow to Plan to Create More Management Ease and Better Results, Part 3

Johanna Rothman

I started this series by realizing managers have (too) many decisions to make. The longer it takes managers to make any single decision, the longer it might take to make all the decisions. That shorter time helps managers contain the scope and time of their decisions.

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One Quick Way to Start to Manage Your Project Portfolio

Johanna Rothman

A project portfolio manager contacted me via LinkedIn. The question: How can this portfolio team start to manage the project portfolio when the organization has 600 projects? A project portfolio team cannot decide when they're supposed to evaluate 600 projects.

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How Business Cases as Experiments Change the Project Portfolio Decisions

Johanna Rothman

I only wrote those business cases for the first couple of years I managed projects. However, if you reframe business cases as experiments, and describe what you want to learn, the portfolio team can make better decisions, faster and easier. My clients all have too much work to do.

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Use Decision Deadlines to Plan for Product Deliverables

Johanna Rothman

Instead, what if managers told the team when the managers want to make a decision? The team could deliver enough to help the managers make those decisions. Let's assume the managers want to replan the project portfolio every quarter.

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Aging Fun with Drunk Agile (Video)

Johanna Rothman

All those potential projects in the project portfolio. (We We didn't address this as much because I wrote about this in Manage Your Project Portfolio. That debt is management decision debt. Management Debt, Technical Debt, and Decision-Making.

Agile 82
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Six Types of “Product” Owners

Roman Pichler

A feature owner who manages a major capability with which end users interact like search and navigation on an online retailer’s website. A platform owner who manages a platform as a collection of shared software assets. A portfolio owner who manages a group of (related) products.

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Feedback Loops Help When to Centralize or Decentralize Product-Based Decisions

Johanna Rothman

As for the project portfolio? Very few organizations can—or want to—change the project portfolio every month. Every team needs its own agile approach to how they work and how to manage the backlog. Project Portfolio: Yet More Centralized Decisions.

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Leadership Tip #10: Commit Coherent & Meaningful Work to a Team

Johanna Rothman

Many managers feel the need to get more and more done. Or the managers might feel the need for more revenue. Some managers deal with this problem by slicing and dicing feature sets into smaller chunks of work. How Managers Make Project Portfolio Decisions.

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Agile Approaches Offer Strategic Advantage; Agile Tools are Tactics, Part 3

Johanna Rothman

That's why project portfolio decisions represent your strategy.). Did I need to manage memory or footprint or performance if I wanted to call a different function? Why do managers/organizations do this?

Agile 85
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Agile Approaches Offer Strategic Advantage; Agile Tools are Tactics, Part 4

Johanna Rothman

Because the managers don't realize that when they create a “standard” board, they demand every team follow the same workflow. When managers want to standardize on boards, they don't realize each team solves different kinds of problems. They can manage the cost of the tools.

Agile 80
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The Focus of Every Agile Coach: Support How the Business Creates Value

Johanna Rothman

Enroll (or somehow persuade) the managers in an agile mindset. (As As an example, how agile do the managers think?). An example: we want lower WIP, but we can't touch the project portfolio.). How should agile coaches work?

Agile 82
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The $5 Billion Funding Frenzy: There’s Never Been A Better Time To Rethink Your HCM Investments

Forrester - Business Intelligence

Some of the recent activity in talent acquisition includes: Entelo acquired ConveyIQ along with new funding and management changes; HireVue received another round of funding via new majority investor The Carlyle Group; Jobvite received a $200M […]. Estimates of venture capital funding for HR technology point to record levels of more than $5 billion in 2019.

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This Is Not and Cannot Be “Business as Usual”

Johanna Rothman

The managers want to proceed as if the people can work from home and have “business as usual.” Work alone so we don't have to manage bandwidth.). Anyone with another human in the house will have to manage their schedule and work hours.

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Why Minimize Management Decision Time

Johanna Rothman

I told the story of Cliff, a manager who wanted to understand why the projects were so late. ” I said, “Managers might spend as little as a quarter and as much as a year or two. Teams can manage their delays if they measure their cycle time.

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Want to Work with Me to Build Your Consulting Practice?

Johanna Rothman

Manage or create your website where you own your own domain. appeared first on Johanna Rothman, Management Consultant. consulting MPD coaching collaboration project portfolio management valueBack in January 2020, I led a Hudson Bay Start to create/build a consulting practice. I'm happy to say it was a success. Not because everyone became a consultant. However, the people who chose to consult found their ways to succeed.