In many organisations, infrequent consideration of business strategy and annual budgeting cycles results in static portfolios often created 6-18 months ahead of the initiation of the Programmes and Projects they contain. In this session, Ed and Barbara explore how to create and run portfolios of projects, programmes and business as usual initiatives in an agile way.
For Portfolio PMOs the Agile Portfolio Management approach covers key areas including agile portfolio budgeting; prioritisation and blending; governance and fulfilment.
Some of the themes explored will be:
The Agile Organisation and how it can help CEOs and other senior executives reach their goals, do more for less and be competitive and responsive in an a constantly changing world.
What is Agile Portfolio Management, how it contributes to the agile business, how it differs from traditional portfolio management.
Key tips on how the PMO can contribute to make Agile Portfolio Management work in your organisations
Understand the core themes of Agile Portfolio Management
Take away practical tips on how Agile Portfolio Management works in reality
Understand the role of the Portfolio PMO in Agile Portfolio Management
Early December in London’s Fleet Street and PMO Flashmob - the PMO networking group - hosted the first ‘PMO Managers’ Lunch’. These events bring together PMO Managers, from a number of different industries, to talk in-depth about a particular PMO topic. At this lunch, the subject was “Beyond portfolio reporting – the challenges and reality of portfolio management”.
In last week's #PMOwfh we had a great session led by Adam Skinner about the impact the pandemic has had on our organisation's portfolio of projects - lots of mothballing and projects put on hold. The session also looked forward to recovery and the thinking that is required now, to start getting a plan in place for recovery.
The PMO has a role to play in that recovery and in this 30-minute session, Adam takes us through that.
When a PMO Flashmobber likes a product, what better way to let others know about it by scheduling a webinar. Many of you might know that Nicole has a passion for the tooling and technology side of PMO [you can check out her Mini-Masterclass here] She's arranged this webinar session for the PMO Flashmobbers:
We’re hosting a webinar on how to wow your execs with highly visual, engaging information, through innovative tools like the virtual project room vBAR and Kivue Perform, the executive portfolio performance tracking platform. If you’ve ever struggled to get your exec team engaged in your projects, then this webinar will be for you!
Rupert Taylor, MD at Kivue and Pro4 Solutions, demonstrates how vBAR and Kivue Perform provide a simple, visual view of your projects that encourages execs to actively get involved.
Here's the session and some notes below
The world of the PMO is constantly changing – one of the more recent additions to its services is Enterprise-wide Portfolio Management.
According to the most recent Gartner study (Gartner Magic Quadrant for PPM May 2019), by 2023, 80% of organisations will have an enterprise project, programme or product management office (PMO).
It is only fair to say that Enterprise-wide Portfolio Management is still developing and in this comprehensive session we tackled the subject.
In this session we were joined by Holger Heuss, Holger is also the instructor on the new PMO Learning course - Effective Enterprise-Wide Portfolio Management - which is aimed at those working in portfolio management and portfolio office. In this PMO Flashmob evening session we covered:
Introduction to an Enterprise-wide Portfolio Management Framework, which included:
Indicators for maturity
Snapshot of the Portfolio Management capability maturity across the audience
Identification of hotspots for future sessions
Here we share the resources and the analysis from the evening based on the questions that were asked about their own organisations.
The Challenges and Reality of Portfolio Management.
The Inside PMO Report:
As organisations look to improve on the returns from strategy development and increase maturity in programme and project management delivery capability, portfolio management has increasingly taken centre stage as a business function to support that.
Portfolio management is seen as the ‘glue’ or ‘bridge’ between strategy and strategy execution (delivered by programmes and projects).
The PMO or Portfolio Office is the place where portfolio management practices become a reality for an organisation.
Following on from the PMO Book Club last month, in this post, PMO Flashmobber Juliet Doswell writes a review for one of her favourites. From the title alone I'm sure there are a fair few of you that are thinking this might be a worthwhile purchase :)
It's Let it Simmer – Making Project, Portfolio and Program Management Practices Stick in a Skeptical Organisation. It's currently £13.60 on Amazon and Juliet gives it a 5/5 rating. Take a look at the book here.
Take a look and see what she thinks.
In this session we hear a different perspective on building the maturity of the delivery organisation and what the PMO did to support that. The session also covers the cultural clashes that can happen and the language barriers of global PMOs.
Manuel López joins us from Mexico City where he managed the Latin American PMO in a global insurance organisation.
In this session Henny Portman will take you with him to get an understanding of the role of a CoE, the functions a CoE can perform e.g. standards and methods, internal consultancy, organisational learning and knowledge management, and people and skills. Theory will be combined with his own experiences, resulting in best and good practises. He will show you an overview of more than 50 different standards and methods and how to cope with that from a CoE perspective.
Understanding the CoE concept
Good & best practices for CoE’s
Get insights in the PM(O) standards wood and don’t get lost