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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.

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Why Your Annual Operating Plan Is A Lie and What To Do About It

Leading Agile

But being given funds doesn’t magically make skilled, trained, and experienced resources appear to do the work. One definition of strategy is the alignment of necessarily finite resources against potentially unlimited aspirations. At the scale of an enterprise, these same concepts become Structure, Governance, and Metrics.

Planning 125
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Unpacking Agile Transformation: The System of Delivery

Leading Agile

You see, over the past 20 years, the general hypothesis has been to train people on Agile methodologies and trust everything else will emerge. It’s the process and governance mechanisms we use to manage the flow of work through the system. Teams will magically form. Dependencies will magically break. Culture will magically shift.

Cadence 75
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How To Implement Lean Portfolio Management?

Agilemania

Lean Portfolio Management (LPM) involves connecting strategy to execution by using lean principles. Budgets are allocated to execute an enterprise’s strategy by portfolio management teams. In order to connect strategy to execution The leadership team evaluates these targets on a regular basis. Review of strategy alignment.

Lean 98
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Managing Project Assumptions & Risks

Velociteach

Or risks were identified, but a response strategy was never created. Context and environmental factors should govern process requirements, specificity, and formality. Creating unique items for each impact ensures we develop suitable response strategies. A response strategy or strategies should be documented for each risk.

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What is Lean Portfolio Management? Primary Focus | Objectives

Agilemania

LPM also known as Lean Portfolio management, refers to how senior leadership uses lean principles and systems thinking approaches to align strategy with execution. Portfolio management teams apply these principles and approaches to strategy and investment funding, Agile portfolio operations, and governance. Author's Bio.

Lean 98
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Adopting Agile Practices Isn’t Agile Transformation

Leading Agile

If not, then we start measuring things like people trained, teams doing Scrum, or the organization’s sentiment toward Agile to tell us if we’re succeeding. 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.

Agile 118