The Right Portfolio Data at the Right Time

From a very pragmatic point of view, getting the right data at the right time is at the heart of good project portfolio management. If the right data is not available for decision makers to use, the issue will be mediocre results at best. Portfolio management is about selecting the right projects, optimizing the portfolio Read more about The Right Portfolio Data at the Right Time[…]

Tactical or Strategic PPM

Fundamentally, portfolio management is about strategic execution and maximizing value to the organization through important project investments. Through various processes, leadership teams can determine how well their project investments align to key strategic goals. Optimization techniques can further enhance the value of the portfolio, ensuring that organizations get the biggest bang for their project buck. Read more about Tactical or Strategic PPM[…]

Portfolio Planning vs Strategic Planning

Too often, the modus operandi for many organizations is to receive requests and filter them through a stage-gate process in order to evaluate the merit of the request and select the right projects. If the project is selected, a project team is assembled and the project planning begins. There is nothing wrong with this process, Read more about Portfolio Planning vs Strategic Planning[…]

Project Pipeline Management

Project pipeline management is an important component of project portfolio management (PPM) because it encompasses the work needed to “select the right projects”. Pipeline management involves steps to ensure that an adequate number of project proposals are generated, evaluated, and screened out at various stages of the intake process that meet strategic objectives. There are Read more about Project Pipeline Management[…]

IT Business Management – Run IT As Business

IT Business Management – Run IT As Business IT Business Management is a framework and approach that brings  together people, process and technology to enable organizations to manage IT with real-time visibility, agility and support change and innovation. ITBM improves visibility on cost and performance and helps CIO and IT leaders to make right decision Read more about IT Business Management – Run IT As Business[…]

AutomationEdge and Cloudbyz Announce Partnership to Drive Next Generation Technology

Houston, USA 20 Aug, 2017– AutomationEdge, one of the global leaders in providing IT Automation and Robotic Process Automation (RPA) solutions, announces its partnership with Cloudbyz, a leader in cloud based enterprise applications. The strategic partnership will enable both the leaders to serve their customers much better by leveraging complementary strengths in the IT Automation, Read more about AutomationEdge and Cloudbyz Announce Partnership to Drive Next Generation Technology[…]

Key Metrics for Application Portfolio Management (APM)

Application Portfolio Management (APM) is a framework for managing applications in enterprise. APM provides an inventory of an organization’s software applications and software-based services as well as metrics showing the business benefits of each application. Metrics can provide information from various perspective such as business , technology, financials, IT Strategy and IT architecture in order Read more about Key Metrics for Application Portfolio Management (APM)[…]

How to Measure Projects Success: Successful vs. Troubled vs. Failed Projects

By Jamal Moustafaev, MBA, PMP – president and founder of Thinktank Consulting Traditional Models There are a lot of rating models out there that attempt to define project success or failure. There is the traditional one: Success: Finished (more or less) on time, within budget and met all requirements Challenged:  Reaches conclusion, but with cost overruns and Read more about How to Measure Projects Success: Successful vs. Troubled vs. Failed Projects[…]

Project Portfolio Management – The Role of the PMO

By Jamal Moustafaev, MBA, PMP – president and founder of Thinktank Consulting The role of the PMO in the project portfolio management process can be generally divided into two domains: project prioritization and selection as well as project management and monitoring (see Figure 1). Figure 1 The first role of the PMO is to act as a Read more about Project Portfolio Management – The Role of the PMO[…]

Why Should You Try to Generate as Many Project Proposals as Possible

By Jamal Moustafaev, MBA, PMP – president and founder of Thinktank Consulting A great American scientist and a 1954 Nobel Prize in Chemistry winner Linus Pauling once said, “If you want to have good ideas you must have many ideas. Most of them will be wrong, and what you have to learn is which ones to throw Read more about Why Should You Try to Generate as Many Project Proposals as Possible[…]