project portfolio management (ppm) is a game-changer
TRANSCRIPT
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ProjectPortfolioManagement
(PPM)isa
game-changer
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Thechaotic,turbulent,andrapidlychanging businessenvironmentthathasbecomethenewnormal,needs
PPM todrivevalue
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IDEA PPM VALUE
PPM isafacilitator
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PPM VUCA
Theincreaseofstructure through
PPM helpsorganizationsto
manage andreducetheimpact ofVUCA
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PPM isamindset
Itspurposeistounlockandextend organization’spotentialand innovative
power
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PPM helpsorganizationstoprioritize theright
initiatives andmanifestthemattheright
time
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PPM isaBusinessProcess
PrioritizeDemand
ManagePortfolio
ExecuteProject|Program
Sustainand
Improve
1 2 3 4
THINKCHANGE
ACHIEVE
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PrioritizeDemand
1GenerateandDefine
ValidateandCalibrate
PrioritizeandSelect
A
B
C
ASK
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ManagePortfolio
1PlanandSchedule
TrackandAnalyze
InformandAdjust
A
B
C
BELIEVE
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ExecuteProject|Program
1PlanandSchedule
SenseandRespond
Drivechange
A
B
C
RECEIVE
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Sustainand
Improve
1GenerateandDefine
ValidateandCalibrate
PrioritizeandSelect
A
B
C
Sustain
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PPM isaBusinessFunction CEO
Business PPM Technology
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PPM’s spectrumisbroaderthantechnology,itfocusesonallenterprisewideinitiatives
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ImplementthePPM toolandwe
aredone
PPM isanintegrated,enterprise-widesolution
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PPM requiresarobustsolutionarchitecture
Process Application
Governance Analytics
1 2
34
MorethanjustaTool
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KeepthePPM solutionsimple
SimpleDesign
SimpleExecution
Highvalueoutput
Thevalueiscomingfromhowwellyouapplythesolution, notbyaddingconditions andcomplexity
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PPM isnotastopgapforfailedprojects
PPMwillprovidearobustplatformforplanning, executionandcontrol.Itwillincreasethenumberofsuccessfulprojects.Havingsaidthatitisnotamagicwand.That’sbecausetherootcauseofprojectfailuresouroutside
itscontrol
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Projects failbecauseofwrongpeoplebehaviorthatmayhavebeenidentifiedbuthasnotbeenproperlyaddressed
AlignmentCompetence
Commitment
Trust
Capacity
Results
Intent
DesiredValueDrivers
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PPMrequiresahorizontal,cross-functionalfocus(we),insteadofa
vertical,silo-edfocus(me)
World-classsolutionwithrecurringbenefits
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PPM isagame-changer
Potential Ideas Plan|Execute Value
ProjectPortfolioManagement(PPM)asenablerandgame-changer
PPMisadriverofsustainablecompetitiveadvantage
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PPMattractstoptalent
Talentwantstoworkfororganizationswhoaresuccessful,becausesuccesshelps
manifesttheirdreams
Potential Value HumanCapital
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THINK CHANGE ACHIEVE1 2 3
Toimplementaworld-classPPM solution,anorganization
hastogothroughthreestages
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FirstcomesThought;thenorganizationofthatthought,into
ideasandplans;thentransformationofthoseplansintoreality.The
beginning,asyouwillobserve,isinyourimagination(NapoleonHill)
THINK
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AllChange ishardatfirst,messyinthemiddleandsogorgeousattheend(RobinSharma)
CHANGE
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Adreamdoesn'tbecomereality throughmagic;it
takessweat,determinationandhardwork(ColinPowell)
ACHIEVE
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NextSteps
Buildacross-functionalcoalitionofkeystakeholders
DraftaFutureStatevisiononPPM
Communicatethevisionenterprise-
wide
Scope,planandschedulework
1
2
3
4
“Ground”
“Visualize”
“AlignandCommit”
“MakeitHappen”
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PPMVisionStatementfrom