How projects relate to strategy, and how portfolios relate to either, is often misunderstood. Reconsidering these terms and how they provide useful perspectives of portfolio management.
The Politics Of Portfolio Management: Why It’s Harder Than It Looks
Portfolio management is one of those things that, on the face of it, organizations should naturally want to embrace. We are trying to manage complex changes with limited funding, scarce resources and tight deadlines. So why is making choices about projects so hard?
Making Better Choices: Implications Of Formal Project Initiation
The last column in this series explored the consequences of not having a formal prioritization process. But what happens when the opposite occurs? What are the implications of having a formal project initiation process in place? If having a formal approach to project initiation is so great, why do so few organizations have one?
Projects & Investments Revisited: Are We Being Consciously Illiterate?
Most organizations blur the lines between project success and investment success. This is a dangerous practice, and this article explores why.
Projects & Investments: Are We Speaking The Same Language?
While the practice of project management may continue to advance, overall project results will not significantly improve until better decisions are made through the full lifecycle of an idea. This article explores the stages that exist, and the responsibilities that should exist at each stage.
Making Effective Choices: A Critical Look At Executive Decision Making
As organizations develop more effective approaches to managing their projects, attention typically begins to shift from how projects are being conducted to what projects the organization is choosing to conduct. This article explores the consequences of not having an effective project initiation process.