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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The Infrastructure and Projects Authority’s (IPA) have an initiative called Project X.
Project X is
a vehicle to engage contemporary research in project and programme with the ‘real-world’ issues that are manifest across the Government’s Major Project Portfolio (GMPP). Project X is ambitious, it seeks to promote and support methodologically rigorous research that is firmly grounded in clear pathways to impact – with an ultimate ambition of delivering savings for the project delivery and enhancing project management capability across government departments and industry.
As part of the initiative, different organisations are taking part and making contributions, the Association for Project Management (APM) is one of them and a recent report called Developing the Practice of Governance - was released.
The report focuses on how project practitioners could improve governance on their projects and of course, that's a subject that should interest any PMO practitioner too.
As part of the weekly #PMOwfh session, we had one of the authors of that report join us. It sparked some really interesting and new insights which we think you'll enjoy exploring too.
Let's get started
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