The PMO and the Agile approach

The PMO can be considered as the new fuel for organizational change. An effective PMO delivers business results. Everything starts with hiring and empowering key people that build successful teams, then it is important to create the right culture and finally to adopt the concept of servant leadership. The Agile …

How to manage expectations and needs of stakeholders

One of the key tasks of project management is to balance the expectations and needs of stakeholders; especially when there are requirements and priorities that may be conflicting or opposing one another. In fact, to implement their strategies successfully, companies need to take into high consideration stakeholders’s needs and concerns. …

PPM is growing beyond the project management business

The relevance of Project Portfolio Management is growing beyond the project-based business. As many of us know, projects have become the main way for executing the strategy of an organization. In fact, companies that execute projects that align their objectives with organizational strategy have more chances to be successful over …

How to improve organizational culture with PPM

Project Portfolio Management (PPM) helps companies select the right projects that align with their strategies to achieve their objectives. Thanks to PPM, companies are able to allocate the resources to support those projects. Even if PPM is usually used to improve project success probability and to achieve success, companies need …

How to create a balanced Project Portfolio

Companies can maximize project benefits and minimize overall project risks by balancing project portfolios. Executives have to analyze and balance the portfolio to reach these goals. The objective is to fund worthy efforts in order to produce the highest payback from each investment. A project portfolio can be considered like …

4 Goals for successful innovation

Companies need innovation to increase their market share and profit margin. Innovation helps companies deliver higher value to customers. The process of converting an idea into a product or service allows companies to remain relevant and competitive in their fields. Innovation through projects Companies can decide to innovate by relying on incremental …

How to create a project portfolio

Companies today have a lot of projects they could be working on but a limited amount of resources. Instead of just trying to figure out how to get through as many of them as quickly as possible, organizations can use Project Portfolio Management (PPM) to prioritize those projects. There are …

How companies can innovate

Companies need innovation to increase their market share and profit margin. Innovation helps companies deliver higher value to customers. The process of converting an idea into a product or service allows companies to remain relevant and competitive in their fields. Innovation through projects Companies can decide to innovate by relying …

The right framework to evaluate project proposals

Companies are increasingly using projects to manage most of their activities. Managing single projects can produce a loss of transparency and efficiency of the project outlook. To be more effective, companies need to use a management approach, such as Project Portfolio Management (PPM). PPM is an efficient way to manage …

Leveraging PPM to choose the right projects

Project Portfolio Management has obtained a lot of attention lately. PPM has gained momentum as companies have recognized that organizational efficiency also depends upon doing the right projects. It is more important to choose the right projects than doing the chosen project in the right way. PPM processes Project Portfolio …

How to choose the right projects

Project selection is very important to effectively apply Project Portfolio Management (PPM) . For this reason, it is worth exploring the essential tools and techniques to choose the right projects for the portfolio. It is also useful to say that having an official process to set project priorities could not …

Problems companies face when using PPM

Organizations can benefit from using Project Portfolio Management (PPM) practices. In fact, PPM allows companies to allocate resources, schedule, analyze, and manage projects and business. At the same time, there are problems companies face when using PPM. What type of problems do companies face using PPM? Let’s analyze the three …

How to choose the right project by using PPM

Project Portfolio Management has obtained a lot of attention lately. PPM has gained momentum as companies have recognized that organizational efficiency also depends upon doing the right projects. Basically, it is more important to choose the right project than doing the chosen project in the right way. PPM processes Project …

How is Project Portfolio Management evolving?

Portfolio Management is evolving over time. Today, Portfolio Management goes over the evaluation techniques. It is going towards a more comprehensive managerial approach that explains how to use Project Portfolio Management (PPM). The trend of interest in the field of PPM and strategy topics has increased regularly in the last …

Problems companies face when using PPM

Organizations can benefit from using Project Portfolio Management practices. In fact, PPM allows companies to allocate resources, schedule, analyse, and manage projects and business. At the same time, companies also encounter problems when using PPM. What type of problems companies face in using PPM? Let’s analyze the three main problems …

PPM the logical decision process

Project portfolio management is considered to be a logical decision process. To execute PPM effectively it is important to consider some other aspects. In fact, there are characteristics of PPM that have a great impact on its implementation. Let’s analyze some of the most important assumptions that can have a …

How to manage the complexity of project portfolios

In a world that is becoming more and more complex, companies can use Project Portfolio Management to manage the complexity of their portfolios. In fact, as projects increase in number and size, the complexities and management challenges rise exponentially. Everyday, new market and strategic opportunities can arise. As a result …

What happens to companies that use PPM?

Companies can obtain many benefits by adopting Project Portfolio Management. In general, PPM helps companies to flourish by allowing them to focus on the most important and strategic projects and programs. Let’s analyze what happens to companies that use PPM. How can PPM help companies? PPM is able to deliver …

Portfolio Management is evolving over time

Portfolio Management is evolving over time. Today, Portfolio Management goes over the evaluation techniques. In fact, it is going towards a more comprehensive managerial approach that explains how to use Project Portfolio Management (PPM). Links between levels In many companies, it happens that corporate strategy gets filtered to the portfolio …

PPM and the link to the organization’s strategy

The trend of interest in the field of PPM and strategy topics has increased regularly in the last decades. It is expected to continue to increase in the future. Project Portfolio helps companies to achieve their organizational strategies and objectives. Organizations can use PPM to identify projects and portfolios that …

Breaking down corporate strategy

Organizations need to define a corporate strategy in order to achieve success. Defining a strategy is a critical factor for the future of a company. The right strategy will produce growth, profit, or any other objectives the executives have set. At the same time, an inappropriate strategy not only will …

A strategic tool to produce a competitive advantage

Companies can use projects as a powerful strategic tool to produce a competitive advantage and business value. Unlike the past, projects will become more and more important for driving company’s strategy into new directions. Organizations should use project portfolio planning in order to plan their strategy. Let’s see how to …

How to identify projects for strategy implementation

Strategic management helps companies to innovate their processes and products. Strategy allows organizations to determine the best configuration of systems, processes, products, and resources to reach their objectives. Once a company has chosen its strategy it has to implement it. To implement their strategies companies can use Project Portfolio Management. …

How to effectively execute organizational strategies

Today, companies are constantly under pressure to innovate and grow. To reach these objectives, they need to find an efficient way to implement their strategies.  Organizations execute their strategies through the creation of strategic initiatives. The execution of the organization’s strategies happens through the use of programs and project portfolios. …

How to plan a complex program

As a program is a group of related projects, planning a complex program requires the planning of all projects that compose the program. It is important to have a process in place that helps in planning these projects. Also, it is crucial to periodically analyze each project to make the …

How to achieve organization’s strategic objectives

Interest in project portfolio management has increased during the last few years. it has happened because organizations increasingly need efficient strategy processes to address the challenges in their changing environment. Basically, organizations increasingly need to innovate in order to survive. Project portfolio management allows the coordination of one or more …

How to execute the organization’s strategy

Organizations execute their strategies through the creation of strategic initiatives. The execution of the organization’s strategy happens through the use of programs and project portfolios. Senior management It is important to consider that strategic transformation can only be accomplished when senior management engages deeply in project management. In addition, managerial …

Definition of Ready in Scrum

In Scrum, the Product Backlog Items are refined, during the activity of “Backlog Refinement”, until they are “Ready” for selection in Sprint Planning. To determine the items that are ready it is important that Scrum teams consider “Definition of Ready”. In fact, the Definition of Ready helps Product Owners to …

An efficient way to implement company strategy

Today, companies are constantly under pressure to innovate and grow. To reach these objectives they need to find an efficient way to implement their strategies. Nevertheless, in many organizations a gap exists between the development of strategy and its successful implementation. Project Portfolio Management (PPM) contributes to close this gap. …

Aspects to manage programs successfully

Managing programs is not as easy as it seems. In fact, there are some aspects that program managers should considered in order to manage programs successfully. Let’s analyze some of the most critical aspects that can support program managers in this tough business. Documenting project activities and tasks Usually, when …

Different types of project scheduling methods

In a highly competitive and fast-paced environment it is really difficult to manage changes to project scope. For this reason it is important to adopt practices that help companies to adapt to the varying needs of stakeholders. In fact, there are different types of project scheduling methods that support project …

How to strengthen your body language

To become an effective speaker you need to strengthen your body language. In fact, posture, gestures, body movements and facial expressions are very important to become an effective speaker. Probably, eliminating distracting mannerism could be the first thing to work on. “The speaker who stands and talks at ease is …

Nexus increases Scrum slightly

There are companies that use Nexus to scale their software and product development. Nexus is a framework based on Scrum that uses an iterative and incremental approach to develop products. Nexus is based on the Scrum Framework and increases Scrum slightly. Let’s see why Nexus is based on Scrum and …

Software companies deal with Technical Debt

Many companies in the software industry have to often deal with the concept of “technical debt”. Technical debt is also known as design debt or code debt. Let’s analyze this concept in depth. What is technical debt? Technical debt happens when development teams take actions to expedite the delivery of …

How to maximize the use of resource

Project portfolio management (PPM) helps companies to obtain and distribute project investment information based on their strategy. It also helps them to maximize the use of resource capacity to deliver their objectives. What is PPM? Project Portfolio management (PPM) is not only about prioritization and the alignment of individual projects; …

Use project schedules to prevent problems

Project managers use project schedules to prevent problems. In fact, they help project managers efficiently communicate and collaborate with their teams and stakeholders. Projects managers should use it to ensure the project remains on track. Let’s go a bit deeper to know more about it. What is project schedule? The …

First, Break All the Rules

“Out of hundreds of books about improving organizational performance, here is one that is based on extensive empirical evidence and a book that focuses on specific actions managers can take to make their organizations better today!” ~Jeffrey Pfeffer Professor, Stanford Business School Essentially, this book is about how to be …

The importance of physical movement

When you give a speech it is useful to show purposeful physical movement. In fact, it provides your audience with an indicator of your feelings and attitudes. In addition, moving effectively during a speech offers some more benefits. Let’s see what they are. Capture audience’s attention If you do not …

Nexus Sprint Review and Retrospective

The Nexus framework is based on Scrum. It helps companies to scale software and product development. In fact, it helps organizations to develop products in a faster way by reducing costs. Let’s analyze in depth two Nexus events: Nexus Sprint Review and Retrospective. What is the Nexus Sprint Review? The …

Use Kanban to organise project work

Many Scrum teams use Kanban to organise their project work. In fact, these teams use Kanban as a visual management tool to deliver work faster and more often. Let’s see what is Kanban and how it is evolving over time. What is Kanban? Kanban is a lean method that aims …

A mature portfolio management capability

Project portfolio management allows organizations to identify and bring greater value from strategic project and program investments. When a company has a mature portfolio management capability in place, every project or program team will consider its results as critical for specific organizational strategic goals and objectives. Let’s analyze the importance …

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