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Portfolio Management

Making Sense of Portfolio Management

I spoke at the PMO Conference in London last week. Loads of fun. Like everyone else I listened to our opening Keynote speaker first, Mark Price Perry. He said, with great insight; “people get the Project Management Office’s purpose all wrong, they get the definition of projects wrong”. I agree ...

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6 Principles of Portfolio Management

Portfolio management is there to help with the selection and governance of projects and programmes with the aim of delivering the strategic plan. But what principles underpin good portfolio management? I mean, there has to be more to it than the buzzwords of strategic alignment and putting projects into categories, ...

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Are projects complex or just complicated?

The latest in a long line of project management buzz is ‘complex’ projects. We like to differentiate between the normal run-of-the-mill projects where repeatability is high or the cost and risks are low, with projects that are huge innovative things that last years and eat up resources at a phenomenal rate. Yet the debate has yet to provide a clear answer or definition of what a complex project is – or in fact what a complicated project is. At the recent eva19 conference in Central London which included complex projects as a theme; it was proposed at the very basic level that we re-look at the project management ‘iron triangle’ and add two further dimensions

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PMO Leader Of The Year Award

As Chris Walters writes in the foreword to my new book ‘Leading Successful PMOs’ (Gower) – ‘The role of the PMO leader is one for a particular breed of individual. Be clear: this is a very senior position in any organisation that takes project delivery seriously – the days of co-ordinating ...

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