PfMP - A Practical Guide to Project Portfolio Management
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PfMP - A Practical Guide to Project Portfolio Management Dave Ungar, PMP, PfMP PMI Central Ohio Chapter Professional Development Day November 13, 2015
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Transcript of PfMP - A Practical Guide to Project Portfolio Management
PfMP - A Practical Guide to Project Portfolio Management
Dave Ungar, PMP, PfMP
PMI Central Ohio ChapterProfessional Development Day
November 13, 2015
Strategy GovernancePerformanceRisk ManagementCommunication
Project Management Institute. (2013). The standard for portfolio management, third edition. Newtown Square, Pa: Project Management Institute.
Project Management Institute. (2013). The standard for portfolio management, third edition. Newtown Square, Pa: Project Management Institute.
You need data.
… Areas of investment, not projects.
ThemeTheme
Theme
Theme
Theme
Theme
Theme: Develop new class Theme: Develop new routes
Governancehow decisions are madehow projects alignhow data & feedback are used to optimize
Execute.
Risk
Value(return)
Project Value –vs- Risk
(Limit)
Performance
Neutralizers-----
Go faster.Stop earlier.
Differentiators-----
Test/ Learn.Commit.
ProductivityProjects
-----
More effective use of resources.
RegulatoryProjects
-----
As little as possible.
KPI: Compliance
KPI: Productivity
KPI: learning, improvement
KPI: capability optimization
KPI: Strategic Delivery
KPI: Results
Leading Performance Indicators
Lagging Performance Indicators
Risk
Value(return)
Project Value –vs- Risk
(Limit)
Appendix
Department Areas
FinanceReturn On Investment Cash Flow Return on Capital Employed Financial Results (Quarterly/Yearly)
Internal Business Processes
Number of activities per function Duplicate activities across functions Process alignment (is the right process in the right department?) Process bottlenecks Process automation
Learning & GrowthIs there the correct level of expertise for the job? Employee turnover Job satisfaction Training/Learning opportunities
Customer
Delivery performance to customer Quality performance for customer Customer satisfaction rate Customer percentage of market Customer retention rate
BSC
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Project Management Institute. (2013). The standard for portfolio management, third edition. Newtown Square, Pa: Project Management Institute.
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