Prioritization Matrix

In a recent LinkedIn discussion, questions were asked about the short-comings of prioritization matrices. I would like to highlight the strengths and weaknesses of using such a tool for portfolio management. Firstly, a prioritization matrix differs from a more traditional scoring approach in that it offers a limited number of priority selections. The most simplistic Read more about Prioritization Matrix[…]

Benefits Realization Summary

The purpose of validating benefits is to ensure that real value has been delivered from projects post-implementation as well as increase value from future projects when shortfalls have been identified in present projects. Although the business case promises to deliver a certain amount of value (in most cases), few companies take the time to ensure Read more about Benefits Realization Summary[…]

Pipeline Management-Stage Gates Part 2

Stage gates are a governance structure to evaluate, authorize, and monitor projects as they pass through the project lifecycle. In the last post, we looked at the first four reasons for establishing a stage gate process in the organization. In this post, we conclude with the last four reasons for establishing a decision gate process. 5) Greater Read more about Pipeline Management-Stage Gates Part 2[…]

Pipeline Management-Stage Gates Part 1

Stage-Gates™ are a critical component of project selection. A winning portfolio must contain winning projects, therefore the project governance board must be able to discriminate between good projects and great projects. The decision gate process enables the project governance board to review these projects based on preselected strategic criteria at the gate reviews of the Read more about Pipeline Management-Stage Gates Part 1[…]

Be Sure To Use The Portfolio Data

Data represents a major facet of successfully implementing project portfolio management (PPM). In a previous post, I discussed how data drives the portfolio management engine and some of the key components for getting good data into the tool. Some important portfolio data types includes: financial data, resource data, schedule data, and benefits data. Leadership plays Read more about Be Sure To Use The Portfolio Data[…]

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)[…]