Portfolio Management

Portfolio Management – A Simple Process?

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  
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Speaking to Senior Executives

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
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Improving Enterprise-Wide Portfolio Management

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: Definition Indicators for maturity Relevant themes 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.
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From Crisis to Recovery: What the PMO Can Be Doing Now?

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.  
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Highly Visual Reporting (Sponsored Webinar)

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
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Let It Simmer – A PMO Book Club Review

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.
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