article thumbnail

Project Boards and Project Steering Groups: An Introduction

Rebel’s Guide to PM

Here’s an introduction to these important groups as part of the governance framework so you can get yours set up and working on your project. A project board provides oversight and governance for the project. What you need is adequate governance for the project. What is a project board? Call your meetings anything you like.

article thumbnail

How To Implement Lean Portfolio Management?

Agilemania

To synchronize and coordinate the planning and feedback loops, the leadership team makes choices at a fixed cadence that is followed by both the operations (the tasks they carry out) and the governance (the reviews they conduct). Share the updated initiative roadmap with all stakeholders once a month. LPM operations.

Lean 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Encapsulation of Value

Leading Agile

Velocity is stable, defects released into production are down, backlogs are full and well-prioritized, but adoption of new features is poor, revenue from new products is slow, and stakeholders are still waiting for the delivery of key initiatives. People are starting to draw the conclusion that “Agile doesn’t work.” What happened?

article thumbnail

What is Lean Portfolio Management? Primary Focus | Objectives

Agilemania

Portfolio management teams apply these principles and approaches to strategy and investment funding, Agile portfolio operations, and governance. A lean portfolio management method helps an organization achieve the following: For larger initiatives, shift operations focus to delivering incremental value at shorter intervals.

Lean 98
article thumbnail

Adopting Agile Practices Isn’t Agile Transformation

Leading Agile

Additionally, we need to consider how we organize teams in the presence of dependencies, how we orchestrate and govern those dependencies, and what we measure and control around the team. Initially, these topics are vast and abstract, but underneath the surface lie scientific principles and thinking patterns that underpin agile methodologies.

Agile 118
article thumbnail

Conducting a PMO Assessment

Bridge the Gap Consulting

Whether considering standing up a new PMO or revamping an existing, doing an assessment is a key initial step to setting one up. Is there any governance in place and if so, how effective is it? Do people feel strategy and supporting governance is effective? My favorite is the PMO assessment. Perceived Stakeholder Value.

PMO 52
article thumbnail

From Order Taker to Opportunity Maker…IT’s Digital Transition for Driving the Business

Leading Agile

Professions such as Medicine, Law, Beauty, Teaching, Transportation, Security, Accounting, Engineering, and Project Management all have one thing in common; certifications and internal governance. Teams delivering on a predictable cadence earn the trust of the business. It involves more than just IT.