article thumbnail

What Is Lean Portfolio Management? A Quick Guide

ProjectManager.com

You need to strategize and plan your resource allocation to ensure that every project has what it needs when it needs it. 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. What Is Lean Portfolio Management?

Lean 330
article thumbnail

Agile Governance Demystified

Leading Agile

What is Agile governance? Simply put, Agile governance is a way to maximize the flow of value within an organization in the fastest way possible. In small, lean startups, there aren’t a lot of legacy processes and systems in place to overcome, and your teams are small and conducive to an Agile governance model.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Planning Your Agile Transformation Journey

Leading Agile

On the other hand, some companies deal with more convergent things like tax software and government contracts. Lots of heavy planning, long funding cycles , and many constraints. This is the quadrant of R&D and Lean Start-Up. This is where Waterfall lives. Adaptive-Emergent: Innovative and experimental.

Agile 133
article thumbnail

Top 10 Project Management Methodologies – An Overview

ProjectManager.com

A project management methodology is a set of principles, tools and techniques that are used to plan, execute and manage projects. The waterfall method makes use of Gantt charts for planning and scheduling; an example is below. The PMBOK provides definitions and guidelines for project planning, scheduling, executing and controlling.

article thumbnail

How To Implement Lean Portfolio Management?

Agilemania

Lean Portfolio Management (LPM) involves connecting strategy to execution by using lean principles. What Are The Key Components Of Lean Portfolio Management? The lean portfolio leadership team creates the goal of your company. How To Put Lean Portfolio Management Into Action? What is LPM? LPM operations.

Lean 98
article thumbnail

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. Portfolio Sync.

Lean 98
article thumbnail

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.

Lean 103