Showing 8 posts in: Portfolio Management
Sep 30, 2018
Sometimes you have to get a little distance from familiar things to see them in perspective.I experienced this in September during a three-week break, out of the country, away from it all, and on a bit of an enforced “device fast” with no wifi or mobile data. In a brief airport interlude, 10… Read More »
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Apr 18, 2016
Last week, our CEO Kent Crawford presented a webinar on strategies to recover troubled or failing projects to a large audience. The questions they submitted for the Q&A displayed just how much worry and stress failing projects create for project managers. We will be interviewing Kent on this blog, answering many of the… Read More »
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Dec 1, 2015
Project portfolio management was the theme of this year’s PMO Symposium. We outlined some of the key lessons learned here and there. In this post, we will look at the first three stages of how project portfolio processes are put into practice: assessment, improvement, and reporting/analysis.Project Portfolio AssessmentJust like any… Read More »
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Nov 20, 2014
There’s a lot going on in Michigan these days, and DTE Energy plays a role in much of the positive progress the state is enjoying. From the revitalization of Detroit to a massive commitment to clean alternative energy, DTE has relied on its PMO, the Major Enterprise Projects organization, or MEP, to bring… Read More »
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Nov 19, 2014
This past Monday was an historic day for the small Caribbean nation of the Dominican Republic (DR); Luis Jose Bourget, director of The Central Bank’s Portfolio Management Office, traveled to Miami to accept accolades as a finalist in the PMO of the Year Award competition.As the first Latin American region finalist in… Read More »
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Nov 17, 2014
Rarely do organizations have any of the second level processes in place unless they developed them to work with a prior vendor’s EPPM tool, and the company is simply dropping it in favor of another vendor’s product. That means in most cases that they have to be created as part of… Read More »
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Nov 14, 2014
While organizational change issues are, in my opinion, the most significant component of an EPPM tool implementation, the process issues are a close second. By process, I mean at two levels:First level processThe overall project and portfolio management discipline level, which the organization has adopted for itself. This includes:Project management methodology, which… Read More »
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Nov 12, 2014
Not to sound like a broken record, let me just repeat (and repeat) that organizational change management (OCM) activities should be injected into every EPPM tool implementation. In parallel with the vendor selection process, conduct an organizational change readiness assessment. Areas to focus on include: Sponsorship: Having an authorizing sponsor at the appropriate level is… Read More »
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