Estimate Governance Lean PMO 
ProjectManager.com
DECEMBER 13, 2022
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?
Planview
JUNE 28, 2019
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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ProjectManager.com
AUGUST 29, 2023
Baseline A baseline is an estimate of the project’s scope, schedule and costs that is created during the planning stage. Cost overrun This is the actual cost that exceeds the estimated cost in the budget, also known as a cost increase or budget overrun.
Planview
JULY 9, 2019
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?
Kiron Bondale
SEPTEMBER 4, 2017
This makes it impossible to accurately estimate capacity during iteration planning and usually contributes to a team missing their iteration commitments resulting in delivery delays. Instead of having a dedicated team of primary roles for a project, most team members will be multitasking between multiple projects.
The IIL Blog
OCTOBER 17, 2023
Bottom-up Estimating A project estimation technique that leverages tactical-level team members/subject matter experts (SMEs) to break down tasks into smaller components to create a more accurate estimate. Lean A project management philosophy that aims to maximize value while minimizing waste.
Planview
JANUARY 2, 2020
Even in organizations where teams were already practicing Agile, it was common for senior leadership to favor the more traditional portfolio management due to their comfort with detailed project plans and heavier governance. Agile teams are largely self-governing. Senior leaders provide space to innovate, but not how.
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