Do not make these mistakes when using Cost of Delay based prioritization

One of the most important decisions portfolio managers make is where the resources of the organization should be focused. There are tons of prioritization techniques to determine which project, epic, or feature should be the first to implement. To make the best use of a prioritization method or technique, you should know how it works, … Continue reading Do not make these mistakes when using Cost of Delay based prioritization

Good Projects and Bad Projects to Have in Your Portfolio

Are projects the only reasonable way to develop products? Do you, as a portfolio manager, use projects as your only means to add value? Projects “Cargo Cult” According to the PwC global project management report, 97% of organizations believe that project management is critical to business performance and organizational success. However, the trust that organizations … Continue reading Good Projects and Bad Projects to Have in Your Portfolio

The Key to Good Project Kickoff

You know something is wrong when people on your project team come to meetings unprepared and waste time on endless discussions, find other things to do than what your project requires, and do not openly acknowledge there is a problem. These symptoms indicate a problem that appeared as early as your project kickoff. (source: clipartfest.com) … Continue reading The Key to Good Project Kickoff

Test your project portfolio management with these two simple questions

How do you know if project portfolio management is working well in your organization? I mean – you probably have many procedures and tools you use to manage your projects, you fill templates to collect all the right data, and you rank your projects with sophisticated scorecards, but at the end of the day – … Continue reading Test your project portfolio management with these two simple questions