Effective GOVERNANCE in Project Portfolio Management
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Transcript of Effective GOVERNANCE in Project Portfolio Management
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14. May 2013
Effective
Project Portfolio ManagementGOVERNANCE in
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Project Portfolio Management
3Tasks=
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1. Screening, Selecting, Prioritizing Projects & Allocating resources
Monitoring &
Reprioritizing
Tracking &
Managing the realized benefits
2. 3.
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“An inability to implement effective governance is a primary reason why companies fail to achieve best-in- class portfolio status” Aberdeen Group, 2012
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The process of decision-making and the process by which decisions are implemented (or not implemented).
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What is essential for effective governance in
Project Portfolio Management?
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Methodology
• Gather related readings for the problem statement.
• Making questions out of the problem statement.
• Find the interviewees through Linkedin base on their experience and expertise.
• Conduct the interviews using the questions prepared as backbone.
• Transcribe the audio records, then using the information gathered to write the article.
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Interviews• Interviewees:
• 1 IT program director, 1 IT program manager and 1 PMI’s registered consultant and adjunct professor.
• The interviewees were chosen by their expertise and experience (through LinkedIn profile)
• Format:
• 1 Phone call, 1 Video Call (through Skype), 1 Face to Face.
• Interviewees will be asked 7 predefined questions plus side questions if necessary.
• Main questions are sent prior to the interview one day.
• All the interviews were audio recorded by the acceptance of the interviewees
• Objectives: Identify the issues faced in PPM and find their advices about the problem which will be our primary resource. 8
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Primary sourcesInterviewees1. Dr. Ginger Levin
Portfolio, Program and Project Management ConsultantMedium of interview: Skype
2. Pascal AllouardInterim IT Program Manager at AXAMedium of interview: Face-to-face meeting in AXA Tech (Paris/La Défense)
3. Isabelle BrunProgram Director of LogicaMedium of interview: Voice call
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Analysis of primary sources
Q: And in your opinion, what is the most effective method to manage the portfolio?Pascal : I would like to have more proper tools. I’m not saying we don’t have the tools but we are not using them properly, the data is not in. We have the global tool in every country. So, in theory, we should be able to create one line and then this line should be created in different countries.
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Analysis of secondary sources
• Highly trustable sources
• 1. Pre-interviews:
• 2. Pre-article:
• Our recommendation:
To find our problem statement
To find first answers to it
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Selected articles
Moysey, Stephen. T. Finch, Jonathan.Strategic Portfolio Management: How governance and financial discipline can improve portfolio performance.PWC, 2012
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Selected articles
Ter Mors, Michael, Roel Drost, and Frank Harmsen.“Project Portfolio Management in Practice”.Practice- Driven Research on enterprise transformation. Vol. 69, 2010: 107-126
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How we combined the data
Acquired data
Yes Article
Existing data
Adopt
acquired data
No Supports
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Critical successfactors
715
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Tools & procedures
Rigour
Continuity
Involvement
Transparency
Pragmatic solutions
Manager’s interpersonal skills
1.2.3.4.5.6.7.
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Lessons learned
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Making professional contacts
Communicate with potential interviewees!
Strong analytical skills
Prepare well before approaching interviewees
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Kenneth AKALUGWU Michal AUGUSTINI Carsten BOJERT Tuan Anh DANG
Hema PENTAKOTA
Thank you
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