Given at the 2011 Project World conference in Orlando, Florida with a focus on right-sizing a portfolio management (PPM) implementations and processes.
It is a brief overview presentation on portfolio management. It gives a brief idea of what Portfolio Management is and also specifies the processes as mentioned in OGC's Management of Portfolio and PMI's PfMP.
Given at the 2011 Project World conference in Orlando, Florida with a focus on right-sizing a portfolio management (PPM) implementations and processes.
It is a brief overview presentation on portfolio management. It gives a brief idea of what Portfolio Management is and also specifies the processes as mentioned in OGC's Management of Portfolio and PMI's PfMP.
Nigel Bell gave an overview of portfolio management and the work of the APM Portfolio Management SIG at a recent APM East of England branch event. You will learn,
Some portfolio management definitions
Portfolio management principles
Seven simple steps which guarantee portfolio management success in three weeks
portfolio management challenges
Let’s connect:
APM - https://www.apm.org.uk
Google+ - https://plus.google.com/114687352375530136328
Facebook - https://www.facebook.com/AssociationForProjectManagement
Twitter - https://twitter.com/apmprojectmgmt
Linkedin company page - https://www.linkedin.com/company/association-for-project-management
Effective GOVERNANCE in Project Portfolio ManagementMichal Augustini
Presentation about article: "Effective GOVERNANCE in Project Portfolio Management" - Analysis on how to avoid pitfalls and solve issues in Project Portfolio Management, comparing secondary literature with expert interviews
Available on Scribd:
http://www.scribd.com/doc/183721084/Effective-governance-in-Project-Portfolio-Management
Best PMO in Europe 2019 - Triglav Group | FuturePMO 2019Wellingtone
Triglav Group won Best PMO in Europe 2019 in the PMO Global Awards (PMOGA). In this presentation, you can learn more about their journey to winning this prestigious award.
Wellingtone and FuturePMO is the UK Partner for the PMO Global Alliance. The PMO Global Awards take place at FuturePMO on an annual basis. www.FuturePMO.com
The term PMO has been around for many years but it stills creates confusion.
There is no standard definition of what a PMO is, even what some of the letters represent. A lack of common definition is acceptable, yet desirable since one-size does not fit all.
In this short presentation, the speaker will share his insights on PMO’s, purpose, mandates and why many PMO fails or are challenged. In addition, the speaker will discuss the critical link between PMO (Project Management Office) and OPM (Organizational Project Management) … closing with our hypothesis that unless the PMO own OPM, the organization will not achieve higher level of project management maturity and significantly enhance organization performance.
HD version: http://1drv.ms/1i8AvZc
This is my publication on the introduction to project management. In this publication I overview important project management terms, definitions, project life cycles, and key project management software and tools
This is a project portfolio management capability framework with full definitions. It can be used by organizations to establish a common set of terms and definitions so that agreement and understanding what is being built is achieved before undertaking a project portfolio management improvement initiative.
Nigel Bell gave an overview of portfolio management and the work of the APM Portfolio Management SIG at a recent APM East of England branch event. You will learn,
Some portfolio management definitions
Portfolio management principles
Seven simple steps which guarantee portfolio management success in three weeks
portfolio management challenges
Let’s connect:
APM - https://www.apm.org.uk
Google+ - https://plus.google.com/114687352375530136328
Facebook - https://www.facebook.com/AssociationForProjectManagement
Twitter - https://twitter.com/apmprojectmgmt
Linkedin company page - https://www.linkedin.com/company/association-for-project-management
Effective GOVERNANCE in Project Portfolio ManagementMichal Augustini
Presentation about article: "Effective GOVERNANCE in Project Portfolio Management" - Analysis on how to avoid pitfalls and solve issues in Project Portfolio Management, comparing secondary literature with expert interviews
Available on Scribd:
http://www.scribd.com/doc/183721084/Effective-governance-in-Project-Portfolio-Management
Best PMO in Europe 2019 - Triglav Group | FuturePMO 2019Wellingtone
Triglav Group won Best PMO in Europe 2019 in the PMO Global Awards (PMOGA). In this presentation, you can learn more about their journey to winning this prestigious award.
Wellingtone and FuturePMO is the UK Partner for the PMO Global Alliance. The PMO Global Awards take place at FuturePMO on an annual basis. www.FuturePMO.com
The term PMO has been around for many years but it stills creates confusion.
There is no standard definition of what a PMO is, even what some of the letters represent. A lack of common definition is acceptable, yet desirable since one-size does not fit all.
In this short presentation, the speaker will share his insights on PMO’s, purpose, mandates and why many PMO fails or are challenged. In addition, the speaker will discuss the critical link between PMO (Project Management Office) and OPM (Organizational Project Management) … closing with our hypothesis that unless the PMO own OPM, the organization will not achieve higher level of project management maturity and significantly enhance organization performance.
HD version: http://1drv.ms/1i8AvZc
This is my publication on the introduction to project management. In this publication I overview important project management terms, definitions, project life cycles, and key project management software and tools
This is a project portfolio management capability framework with full definitions. It can be used by organizations to establish a common set of terms and definitions so that agreement and understanding what is being built is achieved before undertaking a project portfolio management improvement initiative.
Research and development can be the most productive and successful part of a company. With a business value driven R&D process and good portfolio optimization tools one can even tenfold the R&D value, making it by far the most successful part of the company.
ISPE guidelines - checklist for Project Managers to submit the Business case and feasibility. Really useful.
Mainly for the construction of Pharmaceutical facility, one must try to furnish these information before getting ahead
What Qualities Make for a Great Lean Six Sigma Green Belt Project? Project Se...Andrew John Slaney
When embarking on an organisational programme of continual improvement a number of influencing factors must be taken account of in order to gain the desired step changes in process performance.
One major factor, the subject of this article, which can significantly impact success, is how well the ‘belt’ projects are selected in the first place.
APM webinar hosted by the Scotland Network on 14 May 2024.
Speakers: Chris Drysdale and Peter Huggett
An interactive session discussing how Project Managers can identify mental health symptoms, provide tools to help themselves and others, plus also increase the capabilities of the Project Management function. This webinar was held on 14 May 2024.
The covid-19 pandemic led to concerns about a worsening of mental health & wellbeing across the world and increased awareness in both society and the workplace. This webinar looks to advise the benefits of having a Mental Health First Aid function in the workplace whilst also providing tools and techniques that can be readily used and applied to yourself and colleagues. Additionally, there are wider benefits to Project Management which will be proposed and discussed.
Making communications land - Are they received and understood as intended? webinar
Thursday 2 May 2024
A joint webinar created by the APM Enabling Change and APM People Interest Networks, this is the third of our three part series on Making Communications Land.
presented by
Ian Cribbes, Director, IMC&T Ltd
@cribbesheet
The link to the write up page and resources of this webinar:
https://www.apm.org.uk/news/making-communications-land-are-they-received-and-understood-as-intended-webinar/
Content description:
How do we ensure that what we have communicated was received and understood as we intended and how do we course correct if it has not.
APM Welcome
Tuesday 30 April 2024
APM North West Network Conference, Synergies Across Sectors
Presented by:
Professor Adam Boddison OBE, Chief Executive Officer, APM
Conference overview:
https://www.apm.org.uk/community/apm-north-west-branch-conference/
Content description:
APM welcome from CEO
The main conference objective was to promote the Project Management profession with interaction between project practitioners, APM Corporate members, current project management students, academia and all who have an interest in projects.
Projecting for the Future: Harmonising Energy and Environment
Tuesday 30 April 2024
APM North West Network Conference, Synergies Across Sectors
Presented by:
Graham Winch, Professor of Project Management, Alliance Manchester Business School
Conference overview:
https://www.apm.org.uk/community/apm-north-west-branch-conference/
Content description:
APM launched Projecting the Future in June 2019 to debate the challenges and opportunities for the profession, building on the 2017 Future of Project Management exercise conducted by Arup and University College London. This presentation provides the initial results from this third phase of reflection on the future of our profession.
The main conference objective was to promote the Project Management profession with interaction between project practitioners, APM Corporate members, current project management students, academia and all who have an interest in projects.
New to Nuclear - Transition into nuclear from other sectors
Tuesday 30 April 2024
APM North West Network Conference, Synergies Across Sectors
Presented by:
Elaine Falconer, Head of Profession for Project Management, Jacobs
and
Karen Williams, Project Manager, Jacobs
Conference overview:
https://www.apm.org.uk/community/apm-north-west-branch-conference/
Content description:
In this session, Jacobs shared insights and learning from its ‘New to Nuclear’ programme designed to support mid-career and lateral entrants whose existing skills and expertise can be utilised in the nuclear sector.
The main conference objective was to promote the Project Management profession with interaction between project practitioners, APM Corporate members, current project management students, academia and all who have an interest in projects.
Tell us what to do, not how to do it
Tuesday 30 April 2024
APM North West Network Conference, Synergies Across Sectors
Presented by:
Alan Livingstone, Project Delivery Lead, UK&I Water Sector, Stantec
Conference overview:
https://www.apm.org.uk/community/apm-north-west-branch-conference/
Content description:
How the Stantec Project Management Framework provides our PMs with the flexibility to deliver projects of varying complexity, across a variety of different sectors, within a Global Organisation.
The main conference objective was to promote the Project Management profession with interaction between project practitioners, APM Corporate members, current project management students, academia and all who have an interest in projects.
The Future is Fractional
Tuesday 30 April 2024
APM North West Network Conference, Synergies Across Sectors
Presented by:
Karen Frith, Founder & Managing Partner, Greenlight Partners
Conference overview:
https://www.apm.org.uk/community/apm-north-west-branch-conference/
Content description:
Discovering the transformational impact of working with fractional experts. Learning how businesses and professionals are embracing fractional roles and how they’re redefining work structures for optimal agility and efficiency.
The main conference objective was to promote the Project Management profession with interaction between project practitioners, APM Corporate members, current project management students, academia and all who have an interest in projects.
Lessons learned across projects
Tuesday 30 April 2024
APM North West Network Conference, Synergies Across Sectors
Presented by:
Barney Harle, Head of Major Projects, Manchester City Council
Conference overview:
https://www.apm.org.uk/community/apm-north-west-branch-conference/
Content description:
What are my key takeaways from working on a vast array of projects including the recent 30+ low carbon and decarbonisation schemes at Manchester City Council?
The main conference objective was to promote the Project Management profession with interaction between project practitioners, APM Corporate members, current project management students, academia and all who have an interest in projects.
Agile Adaptability: Navigating Project Management in a Dynamic World
Tuesday 30 April 2024
APM North West Network Conference, Synergies Across Sectors
Presented by:
Nathan Lumb, Partners Project Manager, GEIC
Conference overview:
https://www.apm.org.uk/community/apm-north-west-branch-conference/
Content description:
This presentation delved into the vital role adaptability plays in modern project management.
The main conference objective was to promote the Project Management profession with interaction between project practitioners, APM Corporate members, current project management students, academia and all who have an interest in projects.
Inclusive Practices in Project Management: Leveraging Digital Frameworks for Diverse Minds
Tuesday 30 April 2024
APM North West Network Conference, Synergies Across Sectors
Presented by:
Caroline Keep, PhD researcher Digitization in Education Organisation, University of Central Lancaster
Conference overview:
https://www.apm.org.uk/community/apm-north-west-branch-conference/
Content description:
This talk aimed to provide actionable insights and strategies for embedding inclusivity into the fabric of project management, thereby unlocking the new dimensions of productivity and innovation in the digital sphere.
The main conference objective was to promote the Project Management profession with interaction between project practitioners, APM Corporate members, current project management students, academia and all who have an interest in projects.
Leadership - the project professionals secret weapon
Wednesday 24 April 2024
APM East of England Network
Presented by:
Chris MacLeod
Keep up to date with the APM East of England Network:
https://www.apm.org.uk/community/east-of-england-network/
Content description:
“I’m a Project Manager”.
That’s often what we tell family, friends and peers when asked what we do. But is it really a fair description? It may well be our role title, but it probably doesn’t convey a lot of what we actually do.
This presentation and discussion is about going beyond the frameworks, processes and stereotypes associated with project management and exploring the leadership roles we all in fact perform.
“I provide leadership focused on delivering projects and change for organisations”
APM Project Management Awards - Hints and tips for a winning award entry webinar
Thursday 18 April 2024
The APM Awards overview and the resources of this webinar:
https://www.apm.org.uk/apm-awards/
Content description:
Ahead of the APM Awards 2024, find out from our expert panel what elements make a winning APM Award entry.
Learn how to choose the category best suited to you or your company.
Answers provided to those all-important questions:
-What importance does the criteria hold?
-What are the judging panel looking for?
-How should I structure my entry?
-What additional evidence is acceptable?
-What will give my entry an edge?
X hashtag: #APMawards
The Vyrnwy Aqueduct Modernisation Programme webinar
Wednesday 17 April 2024
APM North West Network
Presented by:
Katie Rowlands
The link to the write up page and resources of this webinar:
https://www.apm.org.uk/news/the-vyrnwy-aqueduct-modernisation-programme-webinar/
Content description:
Spotlight on the Vyrnwy Aqueduct Modernisation Programme and the challenges facing a large project within Cheshire.
The Vyrnwy Aqueduct Modernisation Programme is one of United Utilities largest projects focused on the modernisation of three 42” aqueducts that carry clean drinking water across the North West.
This webinar covered the Vyrnwy project and an insight into the project challenges that face a live project within the Cheshire area.
APM event hosted by the London Network on 10 April 2024.
Speaker: Nick Fewings, MD of Ngagementworks
In March 2022, Nick Fewings, Ngagementworks, MD of Ngagementworks, published Team Lead Succeed, based on his 30+years of both leading operational and project teams, and subsequently facilitating team development around the world.
It has become a best seller, with a 96% 5-star review rating, and has been read on 5 of the 7 continents.
In this interactive session, Nick will share learning from Team Lead Succeed that can be applied immediately and make a positive difference to your teamwork.
Nick will share the importance of knowing both WHO is in your team and also HOW effective your teamwork is.
Only 10% of teams achieve high-performance, with 50% being average and 40% dysfunctional.
In this session, delivered by award-winning conference speaker Nick Fewings, and author of best-seller Team Lead Succeed, Nick will share his 30+ years of leading teams and facilitating team development.
Nick has profiled 1,000 of individuals and worked with 100s of teams.
Those attending will benefit from understanding;
Why many projects fail to achieve their goals.
Not relying on just measuring KPIs.
The importance of knowing WHO is in your team, both from a behavioural and technical skills aspect.
The 16 areas of high-performance teamwork, and their importance.
https://www.apm.org.uk/news/team-lead-succeed-helping-you-and-your-team-achieve-high-performance-teamwork-2/
Currently Knowledge Transfer Subject Matter Expert (Commercial) in the UKDT PMO on the Peru Reconstruction Plan. Stuart has more than 25 years’ track record of commercial and contract management experience working across both public and private sector projects, as well as more than 20 years’ experience in the development and delivery of professional training. As well as working for Gleeds in the UK and Peru, Stuart has also worked in China for Gleeds and has supported people development in Gleeds’ offices in Egypt and Poland. Stuart has been well placed to support the adoption of the NEC and UK Cost Management best practice in Peru – he was Chair of the RICS New Rules of Measurement (NRM) initiative and was heavily involved in the creation of the RICS Black Book Guidance (best practice in cost management).
APM event hosted by the Midlands Network on 11 April 2024.
Speaker: Carole Osterweil
Data is power. AI changes everything.
If the claims about both are true, how can we ensure we use data and AI well? And what does it mean for the very things which make us human - our feelings?
In this workshop Carole will draw on material from her ground-breaking book, Neuroscience for Project Success: why people behave as they do to answer both questions.
“We like to think our decision making is completely rational. However, once there's an element of uncertainty, conscious assessments are only part of the story. Two other inputs, both subconscious and driven by our innate need to survive, have a big impact.
One, automatic reactions driven by cognitive biases, gets plenty of airtime.
The other input, our raw visceral emotions might be scary to talk about and less understood - but that’s not a reason to pretend they don’t exist!”
This interactive workshop will draw on material from Carole’s book, Neuroscience for Project Success: why people behave as they do, published by APM in 2022.
You’ll come away with:
a clear understanding of how the human brain works.
a framework that:
explains ‘why people behave as they do’.
makes it easier to talk about feelings in a matter-of-fact way (so that they become part of your conscious data set)
new insights into yourself and your projects in a world that’s often characterised by stress and disorder.
Act on these insights and you’ll see the impact - on your teams and stakeholders, your decisions about how to use data and AI, and ultimately your project outcomes.
AI in the project profession: examples of current use and roadmaps to adoption webinar
Wednesday 27 March 2024
Association for Project Management
Speaker panel:
Andy Murray, James White, James Garner, Karina Singh and Alex Robertson
The link to the write up page and resources of this webinar:
https://www.apm.org.uk/news/ai-in-the-project-profession-examples-of-current-use-and-roadmaps-to-adoption-webinar/
Content description:
Disruptive technology and accelerating change is the now the norm within business. Advancements that feel relatively recent are already becoming embedded into business-as-usual activity. AI is one such advancement; it is already being used and having real-world impacts across the project profession.
To help P3M professionals understand the implications of this change, APM invited representatives from organisations that have introduced or are preparing to introduce AI into their project workstreams, to explain their approach and share their insight with fellow professionals.
This webinar on explored how AI is currently being used in project and programme management, and how organisations are gearing up for its adoption.
Katharine works for WRAP which is a climate action NGO working in more than 40 countries around the globe to tackle the causes of the climate crisis and give the planet a sustainable future. In this session, you will learn about WRAP’s plastics programme and how sustainability has been incorporated as a core value in delivery of the programme, with the aim of inspiring the audience to take action in their own work.
Kai-Fu Lee predicted that AI would change the world more than anything in the history of humanity – even electricity. It would disrupt how we live and work, how we operate our businesses, the core products and services on offer and the way in which we build technology.
However, in 2024 the impact of AI can no longer be discussed in future tense. With Microsoft copilot now publicly available, the change is already upon us. There is no consultation period or ‘unsubscribe’ button.
Project management professionals are likely to be asked to manage AI projects - and we are expected to skilfully use AI in our daily work lives. While overwhelming, this is not the first time we’ve had to adapt.
Sarah helps her audience sharpen their cutting-edge skills by answering:
What do I need to know about AI right now?
If I’m asked to work on an AI project, what techniques do I need to be successful?
Where do I start my own learning journey to upskill and prepare?
Sarah’s expertise in advanced agile and experience in highly regulated Finance environments give her a unique perspective into balancing governance with technical innovation. She uses her own experience building an AI solution in 2023 to share practical, widely applicable concepts in an “AI for project managers” 101 style session.
Building Your Employer Brand with Social MediaLuanWise
Presented at The Global HR Summit, 6th June 2024
In this keynote, Luan Wise will provide invaluable insights to elevate your employer brand on social media platforms including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok. You'll learn how compelling content can authentically showcase your company culture, values, and employee experiences to support your talent acquisition and retention objectives. Additionally, you'll understand the power of employee advocacy to amplify reach and engagement – helping to position your organization as an employer of choice in today's competitive talent landscape.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
Kyiv PMDay 2024 Summer
Website – www.pmday.org
Youtube – https://www.youtube.com/startuplviv
FB – https://www.facebook.com/pmdayconference
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
B2B payments are rapidly changing. Find out the 5 key questions you need to be asking yourself to be sure you are mastering B2B payments today. Learn more at www.BlueSnap.com.
VAT Registration Outlined In UAE: Benefits and Requirementsuae taxgpt
Vat Registration is a legal obligation for businesses meeting the threshold requirement, helping companies avoid fines and ramifications. Contact now!
https://viralsocialtrends.com/vat-registration-outlined-in-uae/
In the Adani-Hindenburg case, what is SEBI investigating.pptxAdani case
Adani SEBI investigation revealed that the latter had sought information from five foreign jurisdictions concerning the holdings of the firm’s foreign portfolio investors (FPIs) in relation to the alleged violations of the MPS Regulations. Nevertheless, the economic interest of the twelve FPIs based in tax haven jurisdictions still needs to be determined. The Adani Group firms classed these FPIs as public shareholders. According to Hindenburg, FPIs were used to get around regulatory standards.
2. 2
3/13/00
Building a change portfolio
• Defining prioritisation criteria
– Distilling criteria from strategic documentation
– Challenges and practicalities
• Building the rankings list
• Building a coherent portfolio
3. 3
3/13/00
Preparing for the future
Running the
Business
Improving the
Business Defining new
strategyBuilding infra-
structure
4. 4
3/13/00
Initiative Process and Pipeline
Re-direct
Terminate
Channel
Terminate
Nurture
Resource
Seed
Set Direction
Experiments ProjectsIdeas Solutions
5. 5
3/13/00
NewCo Initiatives (sample)
New Brand Identity
Product Development Process
NewCo Environment Definition (“Culture” and Employee Assimilation
New Business Unit
New International Office Locations and Moves
Pack-Out and Distribution Transition
NewCo.com Reorganization
January, 2013 April JuneMay July AugustFebruary March
Infrastructure Development
Employee Self-Services
Customer-Relationship Management System
Virtual Supply-Chain
Web-enabled Information Warehouse
Vision/Strategy/Planning
Organizational Design
NewCo@NewCo
ACQUISITION(S)
New channels to market
6. 6
3/13/00
Criteria – Strategic and Business Rationale
You should ask these questions about each
initiative / programme / project.
• Why do we have to deliver this initiative and
why now?
• How does it fit with other initiatives already
planned or underway?
• Who are the main stakeholders and partner
organisations?
• Do we understand the scope, what success
will look like, and is it supported explicitly by
both users and stakeholders?
• What is the critical path and how will we
know we are on track?
• What is our track record for managing
similar initiatives?
• Have we identified the main risks and do we
have explicit plans to manage them?
• Are we confident about our leadership, skills
and capabilities to achieve success?
• Is the budget affordable for the overall
initiative and the work to be done through to
the next stage?
• What are the plans for evaluating the
outcome of the initiative / programme /
project?
• How does this initiative contribute to your
authority’s business strategy?
• Is the high level business case complete – that
is, is it affordable, achievable, with a wide
enough range of options explored and likely to
achieve value for money?
• Have we taken account of the wider policy
context, including other critical policy
initiatives such as FoI, the Efficiency Agenda,
etc., where relevant?
• Have the critical success factors and benefits
been agreed with key stakeholders?
• Has a feasibility study been completed
satisfactorily, with a preferred way forward?
• Do we have internal / external authority and
stakeholder support for the initiative?
• Have we identified the major risks and do we
have outline risk management plans?
• Are the scope, scale and requirements
realistic, clear and unambiguous?
• Can we confirm our planning assumptions,
including timescales and the impact of any
other enabling or interfacing initiatives?
and
• Is there a clearly defined and agreed
governance structure with nominated key roles
and responsibilities?
9. 9
3/13/00
Weighted Indexing
• Establish the relative value of the
investment
• Compare across multiple unrelated
criteria
• Provide Aunt Sally but ensure that
leadership gets to define the final
criteria and weightings
10. 10
3/13/00
Bread and Butter Pearl
White Elephant Oyster
Feasibility
Value
Credibility
Fit
Readiness to deliver
Relative costs
Quality of Approach
Strategic relevance
Financial reward
Speed to market
Synergies and complementarity
One of the many matrices to help
illustrate your work
11. 11
3/13/00
The Challenges
• Need for neutrality – process needs to be
seem as extremely impartial
• Define the criteria as part of the strategy
work – not the planning work
• Only a model to help simplify
• Start with an naïve objective caricature and
then let the key decision makers justify why
they are moving away from the model
• Look out for inflation
• Quality of the information available
12. 12
3/13/00
From entry criteria to planning criteria
• Multiple assessment criteria,
quantitative and qualitative data and
tools to collect it
• Not just a linear process – portfolio
needs to be reviewed for balance and
>Σparts
• Sequencing
– How and when to run the project in the context
of the wider portfolio
16. 16
3/13/00
Alignment to Organisation Strategy
1. Customer Service Excellence
7. Operational Excellence Delivery
3. Business Excellence Delivery
6. Driver Licensing Modernisation
8. Vehicle Taxation and Enforcement / Compliance
5. Vehicle Registration Modernisation
2. Data Provision and Information Support
4. Electronic Vehicle Licensing
Customer Relationships
– Strategic Imperative
Operational Excellence –
Strategic Imperative
Enabling Culture –
Strategic Imperative
Knowledge Management
– Strategic Imperative
Products & Services
Innovation –
Strategic Imperative
PROGRAMMES
StrategicImperatives
PolicyInfluence–
StrategicImperative
17. 17
3/13/00
Mapping Initiatives to Priorities
Once Step 1 has been completed and all of the council’s key objectives have been agreed and all relevant projects and
initiatives selected, they can all be plotted onto a plan as outlined in this example.
18. 18
3/13/00
Collecting Project Date (illustration)
Project code, Name of project, Short description, Project manager, Contact details, Sponsor, Directorate, Project Type (MSP), Start
date, Finish date, Duration (months), Not started, Complete, % complete (time),
1st Priority Theme, 2nd Priority Theme, 3rd Priority Theme
Statutory, Political, Strategy, Improvement, Maintenance - "Cat Index" (weighting), No of Objectives contributed to
Dependencies , Links to other projects, File name
Total budget: approved – real, Budget for analysis, Spend to date: approved – real, Committed spend: approved – real, Spend to
complete: approved – real, Approver, Approved, Approval level, Budget owner/Service Mgr, Key stakeholders, Customer
Number of staff involved - Direct >75%, >25%, >5%, Total direct, Number of staff involved - Indirect >75%, >25%, >5%, Total indirect,
Estimated FTE months – Direct, Indirect, FTE sum
Is customer satisfaction being measured as part of the project? No Comments
Is the project part of a programme? No Comments Which one?
Has Managing Successful Projects methodology been applied? No Comments
Is there a documented Project Initiation Document? No Comments
Deliverables, Next key milestone, Expected Benefits Date
Does the project enable continuous improvement? No, Comments
Will the project contribute to evidence based decision making? No, Comments
Will the project contribute to how performance is measured? No, Comments
Will the project positively impact BVPIs? No, Comments, Which ones?
Will the project increase staff skills? No, Comments How quickly will this impact occur (months)?
How much will the project save (£)? FTEs, Time, Process Efficiency project, Estimated saving, % of cost, Effectiveness project,
N/A, Notes Direct, Enabler, Approved, Real
Is the saving a one off or on-going saving? How long (years)?
Statutory requirement: Is your project necessitated by law/regulation? Direct- Indirect, Which one? Notes
Political commitment: Is your project required to deliver on a political commitment? Direct - Indirect Which one? Notes
Strategic priorities: Is your project delivering on a strategic commitment form the corporate plan? Direct – Indirect Which one? Notes
Performance: Is your project in response to an external performance improvement target? Direct
Is your project in response to an external performance improvement target? Direct, Which one? Notes
Maintenance - Is the project in response to a maintenance need? Direct – Indirect, Which one? Notes
Is your project in response to some other imperative? Direct - Indirect Which one? Notes
Link to Key Council Partner? Links to other projects, Number of customers impacted (#)? Communities, Adults, Children,
Business, Ease of redeployment, Can be wound down quickly? Priority index, Portfolio home, Projects for review
22. 22
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Out of the full range of potential projects,
agree which projects to prioritize
Purpose:
• Map the potential projects along the three
dimensions:
• time to respond
• ease of implementation
• impact on business
• Use color coding to identify which projects to
stop (red), park (yellow) and prioritize (green)
• What else can drive priorities?
• externally imposed deadlines
• the client's preferences
• internal politics
• critical paths
• resource burdens
• project staff
• balancing with day to day business
• assimilation capacity
• benefit delivery profiles
• greatest impact
• continuous flow of benefits
• risk management strategies
How to Create:
This tool helps in prioritizing projects.
ImpactonBusiness
Time to respond ShortLong
Low
High
Ease of
implementation
HighLow
Project Prioritization Matrix
23. Analyze the relative strengths of a
company's array of products and
determine appropriate strategies for
each
• Use available internal and external
sources to collect data on indicators
of market attractiveness and
competitive position such as market
share, % revenue growth, and
revenue in absolute dollars for each
of the company's product lines.
• For each product, graph growth rate
vs. relative market share; scale the
data points to reflect product revenue
in absolute dollars.
• Divide each axis into three sections –
low, medium, and high – to form nine
subdivisions on the graph.
Purpose:
How to Create:
This analysis illustrates product performance and suggests product
strategies; for example: high competitive position coupled with high
market attractiveness suggests investing to grow at the maximum
digestible rate.
PRODUCT PORTFOLIO ANALYSIS
Data
Encryption
MARKET ATTRACTIVENESS
HIGHMEDIUMLOW
COMPETITIVE
POSITION
WEAK
MEDIUM
STRONG
T1 Mux
Hubs
Routers
Fiber
T1 Access
Network
Management
DSU
Leased Line
Modems
Low
Speed
Dial
Modems
STD Mux
High
Speed
Dial
Modems
Remote/Bra
nch Access
Traditional Services
> $500,000
< - $500,000
$10 M in FY 1994
Budgeted Revenue
Operating Profit Bubble
Disinvest
Invest
24. 24
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To optimize strategy by developing a
sense of the realistic state of the market
and company affairs
FIT VS. ATTRACTIVENESS MODEL
• Baked Goods
• Bulbs
• Cheese
• Fruit
• Kitchenware
• Meat/Seafood
• Stationery • Decorative
Accessories
• Indoor Plants
• Nuts
• Seeds
• Trees/Shrubs
• Gourmet Food • Bed/Bath
• Pool/Patio/Gardening
• Crafts
• Personal
Care/Grooming
• Specialty Apparel
• Camping Equipment
• Children’s Apparel
• Drug/Vitamins/Health
Food
• Hardware/Tools
• Athletic Equipment
• Fishing Equipment
• Hunting Equipment
• Sporting Good
Apparel
Category
Fit With
Company
High
Medium
Low
Low Medium High
Category
Attractiveness
CATEGORY EVALUATION - SPECIALTY/SPIN-OFF
Categories included in existing
or planned specialty books
Recommended additional
specialty book venture
EXAMPLE
• Identify product, category or market
overall attractiveness as being low,
medium, or high. Plot along x-axis
• Identify product, category, or market
fit with company objectives as being
low, medium, or high. Plot along y-
axis
• Evaluate newly created matrix; aim to
reveal products, categories, or
markets that fall under high overall
attractiveness and high fit with
company objectives
Purpose:
How to Create:
May oversimplify market situation. Requires judgments which are subjective in nature
25. 25
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Project Responsibility Assignments
Identify the right sequence of projects
and programs for the business
Purpose:
• We have identified a "default change
sequence" from our own extensive
experience and academic research
into further case studies
• This provides a starting set of
assumptions for the best sequence
for major change programs
• These must then be matched and
tailored to the specific needs of each
organisation.
How to Create:
Project Sequencer provides a basis upon which to discuss sequencing and priority of activities
(projects and programs).
26. 26
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Understand potential
opportunities and constraints
facing the client in taking
advantage of business
opportunities
Purpose:
• The Burke-Litwin questionnaire
should be applied.
How to Create:
challenges and opportunities of potential projects.
Customer
Relationship
Management
Customer Information
Management
Alliance and
Partnership
Management
Corporate Brand
Management
Innovation
Management
Management of
Facilitating
Technology
Innocence Excellence
Use customer information to
understand and acquire
customers
Become customer centric by using
information to manage the
complete relationship, meeting
needs and providing value added
services through alliances
Market and company defined in
terms of products
Lip service paid to customer
lifetime value
The organisational focus is on the
customer, not the product
Ensure that production respond to
customers, not vice versa
Alliances are looked upon with
scepticism.
Alliances are means e.g. of getting
access to channels
Alliances are entered with self
understanding and goal clarity
Alliances are seen as a way of
pooling resources in a wider context
Use customer i Become custo
Has a managed style to
innovation
Convergence Gap Analysis