In this PMO Flashmob evening session, we learnt about what good portfolio prioritisation and business case management looks like, and how the PMO can become a key enabler and participant during the design, set-up and running of these management processes.
Demand management is challenging for a number of organisations, with many seeking a more holistic approach combined with practical guidance. In this session, we hear about best practice and learn from real-life examples. By the end, we had an understanding of the basic concepts of demand management, the business case management and portfolio prioritisation process, and role that PMO can and should play.
Why listen to the Session?
Alignment to the Business Case competency and focusing on the portfolio context.
Good for PMO Managers and Directors who are implementing or have implemented services around business cases and project prioritisation
Great for PMO Administrators and Analysts to understand what business case and project prioritisation means in a PMO context.
“Why is Portfolio Prioritisation so important for the PMO?” we find out in this guest article from Holger Heuss plus insights on what you need to know about project prioritisation and what services the PMO can offer
Prioritisation is all about choosing which projects to run and is a key part of portfolio management. In this guide, we particularly liked the insights on the different types of scoring which can be done to see which projects should be carried out and in what order.
If you're interested in portfolio management and prioritisation, download the ebook
Portfolio management - a simple process? Perhaps you're shaking your head at that but what if we said that intrinsically those portfolio management processes are simple - it's just when people get involved that it becomes complicated.
In this session we were joined by Lucy Loh, a consultant focused on organisation diagnosis, design and development, business architecture, strategy development, and organisational change using systems approaches. She's also co-author on a book on a systemic approach to business strategy - Patterns of Strategy (we like this one!)
In this session, we looked at the 13 different ways that the portfolio management process gets derailed - what the PMO crew thought about that and how to deal with them
Week 16 of #PMOwfh - four months of PMO chat, debate, a few laughs and lots of sharing during four months of the pandemic.
There's one thing we've definitely learnt during this time - there's no limit to the subjects and themes we can choose to get into, the life of a PMO is such a varied and interesting one!
This week we're looking at the theme of "talking to senior executives". It was one suggested by one of the crew so here we are.
We were delighted to have Terry Doerscher join us from good ole Texas. Terry has loads of relatable experiences and knowledge, plus he's a really nice bloke.
He's the author of a great book - Taming Change with Portfolio Management - an excellent choice if you're working at the senior level in portfolio PMO.
The 10-in-10 session from Terry covered:
Role of the PMO from an executive perspective
Communicating project and portfolio performance
Effective portfolio governance and project sponsorship
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.
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