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Agile Portfolio Management  “ with a twist ” Achieve business value through results Gurpreet Singh Based on real world experiences at Cenovus Energy Inc.
Warning! ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
 
Agenda ,[object Object],[object Object],[object Object],[object Object]
Agenda ,[object Object],[object Object],[object Object],[object Object]
Quiz: Why agile? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Real world context – EnCana Split 2008  2009  2010  2011 May 2008  We are splitting! Oct 2008  No, we are not! Sept 2009  We are splitting! Version 2 Dec 2009 We are Cenovus!
About Cenovus Energy ,[object Object],[object Object],[object Object],[object Object],Cenovus land This graphic is for illustration purposes only. Land as of December 31, 2010.
Real world context - Players ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Portfolio Spider Web Client 1 Client 2 … .. … .. Client n Operations Capital Projects
Real world context - Challenges ,[object Object],[object Object],[object Object],[object Object],[object Object]
The bottom line ,[object Object]
[object Object]
 
Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How? - Framework
How? - Framework
How? - Framework Strategic View: VP’ s Table Tactical View:  Director ’ s  Table Operational View
How? - Framework Strategic View: VP’ s Table
Framework – Strategic View ,[object Object],[object Object],[object Object],[object Object],[object Object]
Portfolio Prioritization  –  Two Levels ,[object Object],Keep the lights on Regulatory and Legal Discretionary APPROVED Asset Classification ,[object Object]
Portfolio Prioritization - Output
How? - Framework Tactical View: Director’ s Table
Portfolio Planning
Portfolio Planning  Output - Portfolio Plan
How? - Framework Operational View
Portfolio Plan Execution
Portfolio Plan Execution
Portfolio Plan Execution /
Portfolio Plan Execution
Portfolio Execution
Portfolio Execution + Operational Activities
Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Governance – Org Structure Strategic Committee – Portfolio Prioritization (Business) Tactical Committee – Portfolio Planning (Business and IT) Operational Committee – Portfolio Execution (Business and IT) Working Team – SCRUM (IT and Business)
Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Metrics and Reporting ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Capital vs. Operational Activities ,[object Object],[object Object]
Capital vs. Operational Activities Capital Activities
Capital vs. Operational Activities Operations
Capital vs. Operational Activities Capital Activities
Capital vs. Operational Activities ,[object Object],[object Object]
Capital vs. Operational Activities ,[object Object]
TWIST! + Operational Activities
How? - Summary TWIST Capital vs. Operations
Agenda ,[object Object],[object Object],[object Object],[object Object]
Problem Client 1 Client 2 … .. … .. Client n Operations Capital Projects
Solution Client 1 Client 2 … .. … .. Client n Operations Capital Projects Opp. Assess Prioritization Planning Agility
Benefits ,[object Object],[object Object],[object Object],[object Object]
Problem
Solution
After effects ,[object Object],[object Object],[object Object],[object Object],[object Object]
Message for you ,[object Object],[object Object],[object Object]
[object Object],[object Object]
 
Thank You. Questions?

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PMISAC Agile Portfolio Management

Editor's Notes

  1. NOTE: All text on slide should be aligned on left hand side with the Title. (thus in the above example the “ E ” from the title and the two “ H ” s from the Headings are all aligned from top to bottom.
  2. NOTE: All text on slide should be aligned on left hand side with the Title. (thus in the above example the “ E ” from the title and the two “ H ” s from the Headings are all aligned from top to bottom.
  3. NOTE: All text on slide should be aligned on left hand side with the Title. (thus in the above example the “ E ” from the title and the two “ H ” s from the Headings are all aligned from top to bottom.
  4. NOTE: All text on slide should be aligned on left hand side with the Title. (thus in the above example the “ E ” from the title and the two “ H ” s from the Headings are all aligned from top to bottom.
  5. Key Messages This slide describes the typical structure of the Customer Facing IS Solutions Teams. (paraphrase the bullets on the slide – depending on the type of audience you can adjust the amount of time spent here)
  6. SUGGESTED SPEAKING NOTES Before I begin, I want to give you a brief introduction to Cenovus. We are an independent, Canadian company based in Calgary, Alberta. We ’ re a public company, trading on the Toronto and New York stock exchanges. We have a long history that goes back through companies such as PanCanadian Petroleum, AEC and, finally, Encana before we launched as Cenovus Energy in November 2009. Our business strategy is based on safely and responsibly developing our huge oil sands resources in northern Alberta. Because our resources are deep underground, we use drilling techniques instead of mining to access them. We also have a large base of established oil and gas assets across Alberta and in southern Saskatchewan that generate cash flow and provide enough gas to match what we use in our operations. We have partnered with ConocoPhillips on some of our oil sands projects as well as two of its U.S. refineries.
  7. Key Messages This slide describes the typical structure of the Customer Facing IS Solutions Teams. (paraphrase the bullets on the slide – depending on the type of audience you can adjust the amount of time spent here)
  8. Key Messages This slide describes the typical structure of the Customer Facing IS Solutions Teams. (paraphrase the bullets on the slide – depending on the type of audience you can adjust the amount of time spent here)
  9. Key Messages This slide describes the typical structure of the Customer Facing IS Solutions Teams. (paraphrase the bullets on the slide – depending on the type of audience you can adjust the amount of time spent here)
  10. Key Messages This slide describes the typical structure of the Customer Facing IS Solutions Teams. (paraphrase the bullets on the slide – depending on the type of audience you can adjust the amount of time spent here)
  11. NOTE: All text on slide should be aligned on left hand side with the Title. (thus in the above example the “ E ” from the title and the two “ H ” s from the Headings are all aligned from top to bottom.
  12. NOTE: All text on slide should be aligned on left hand side with the Title. (thus in the above example the “ E ” from the title and the two “ H ” s from the Headings are all aligned from top to bottom.
  13. Opportunity Assessment, Risk Management and Prioritization
  14. Although the input is just projects but you have consider managing the production operations such as maintenance, break fix, minor enhancements, etc because you also need to keep the lights on.
  15. Although the input is just projects but you have consider managing the production operations such as maintenance, break fix, minor enhancements, etc because you also need to keep the lights on.
  16. Although the input is just projects but you have consider managing the production operations such as maintenance, break fix, minor enhancements, etc because you also need to keep the lights on.
  17. NOTE: All text on slide should be aligned on left hand side with the Title. (thus in the above example the “ E ” from the title and the two “ H ” s from the Headings are all aligned from top to bottom.
  18. NOTE: All text on slide should be aligned on left hand side with the Title. (thus in the above example the “ E ” from the title and the two “ H ” s from the Headings are all aligned from top to bottom.
  19. NOTE: All text on slide should be aligned on left hand side with the Title. (thus in the above example the “ E ” from the title and the two “ H ” s from the Headings are all aligned from top to bottom.
  20. NOTE: All text on slide should be aligned on left hand side with the Title. (thus in the above example the “ E ” from the title and the two “ H ” s from the Headings are all aligned from top to bottom.
  21. NOTE: All text on slide should be aligned on left hand side with the Title. (thus in the above example the “ E ” from the title and the two “ H ” s from the Headings are all aligned from top to bottom.
  22. Key Messages This slide describes the typical structure of the Customer Facing IS Solutions Teams. (paraphrase the bullets on the slide – depending on the type of audience you can adjust the amount of time spent here)
  23. Key Messages This slide describes the typical structure of the Customer Facing IS Solutions Teams. (paraphrase the bullets on the slide – depending on the type of audience you can adjust the amount of time spent here)
  24. Key Messages This slide describes the typical structure of the Customer Facing IS Solutions Teams. (paraphrase the bullets on the slide – depending on the type of audience you can adjust the amount of time spent here)
  25. NOTE: All text on slide should be aligned on left hand side with the Title. (thus in the above example the “ E ” from the title and the two “ H ” s from the Headings are all aligned from top to bottom.
  26. NOTE: All text on slide should be aligned on left hand side with the Title. (thus in the above example the “ E ” from the title and the two “ H ” s from the Headings are all aligned from top to bottom.
  27. Although the input is just projects but you have consider managing the production operations such as maintenance, break fix, minor enhancements, etc because you also need to keep the lights on.
  28. NOTE: All text on slide should be aligned on left hand side with the Title. (thus in the above example the “ E ” from the title and the two “ H ” s from the Headings are all aligned from top to bottom.
  29. NOTE: All text on slide should be aligned on left hand side with the Title. (thus in the above example the “ E ” from the title and the two “ H ” s from the Headings are all aligned from top to bottom.
  30. Key Messages This slide describes the typical structure of the Customer Facing IS Solutions Teams. (paraphrase the bullets on the slide – depending on the type of audience you can adjust the amount of time spent here)
  31. NOTE: All text on slide should be aligned on left hand side with the Title. (thus in the above example the “ E ” from the title and the two “ H ” s from the Headings are all aligned from top to bottom.
  32. NOTE: All text on slide should be aligned on left hand side with the Title. (thus in the above example the “ E ” from the title and the two “ H ” s from the Headings are all aligned from top to bottom.
  33. NOTE: All text on slide should be aligned on left hand side with the Title. (thus in the above example the “ E ” from the title and the two “ H ” s from the Headings are all aligned from top to bottom.
  34. NOTE: All text on slide should be aligned on left hand side with the Title. (thus in the above example the “ E ” from the title and the two “ H ” s from the Headings are all aligned from top to bottom.
  35. NOTE: All text on slide should be aligned on left hand side with the Title. (thus in the above example the “ E ” from the title and the two “ H ” s from the Headings are all aligned from top to bottom.