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What Is Lean Portfolio Management? A Quick Guide

ProjectManager.com

There are many ways to do this and one of which is lean portfolio management. Let’s first define lean portfolio management and then delve into how it works. We’ll also explain when to use lean portfolio management and how project management software can help you manage your portfolios better. What Is Lean Portfolio Management?

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Lean Portfolio Management: Lean Budgets and Investment Funding

Planview

This blog is part of a series on Lean portfolio management. If you haven’t already, we recommend reading part one first, “ What is Lean Portfolio Management ,” which you can find here . In this post, we’ll discuss a fundamental component of Lean portfolio management: funding. This is where Lean budgeting comes in.

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New Broom, Sweeps Lean! Four ROI, Efficiency and Productivity Hacks for The New IT Project Decision Maker

Project Accelerator News

When new to a role (in many business environments, not just IT Project Management), new managers tend to lean into making sweeping changes, it’s human nature. Call Stoneseed to find out more about the P3MO Platform and PMO Services on 01623 374056 or click here. Contribute to a holistic portfolio management approach.

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How to Fix 5 Project Management Skills Gaps

Rebel’s Guide to PM

Unfortunately I’m not able to say, “I’m struggling with Excel right now, I really don’t have these budgeting skills, so we won’t bother to have a budget tracker on this project.” Budget management is definitely a skill to develop because it is useful in future roles too – say, if you move into a role with a P&L responsibility.

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100+ Project Management Terms: PM Terminology Explained

ProjectManager.com

Cost overrun This is the actual cost that exceeds the estimated cost in the budget, also known as a cost increase or budget overrun. Estimation In a project context, estimation is the way to make accurate budgets or timelines for a project. Here’s how EVM can be applied over the course of a project’s duration.

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Lean Portfolio Management Operations: An Agile Approach

Planview

This blog is part of a series on Lean portfolio management for the enterprise. If you haven’t already, we recommend reading: Part 1: What is Lean Portfolio Management? Part 2: Lean Portfolio Management: Lean Budgets and Investment Funding. Didn’t we just say that a centralized PMO undermined LPM?

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Role of the PMO: How It’s Currently Evolving

Planview

The role of the PMO is changing. We recently got an in-depth look into this new face of the PMO during our webinar – “What’s Ahead for the PMO?” She and I discussed the responsibilities, expanding skill sets, and strategic capabilities of the modern PMO – and how to advance in that direction. Types of Today’s PMOs.

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