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. In the first two installments of this series, we talked about the key elements of Lean Portfolio Management (LPM) and how funding practices must adapt to better support LPM initiatives. Lean-Agile Center of Excellence (LACE).

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Lean Change Management – 4 Years Later

Agile Coach

A friend of mine asked me on twitter what my 3 main things I’ve learned teaching my Lean Change Agent workshops and what the main takeaways from attendees were. First, How Lean Change Agent Came to Be. What started with the intent of telling a great story, spawned a global movement: ~10,000 copies of Lean Change Management have been sold factoring in all distribution channels. The inclusion of Lean Change Management in Harrisburg University’s change course.

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System of Delivery: An Intro to Our Governance Model

Leading Agile

Our governance model and team design may look a little complicated at first glance. In this presentation, our Chief Methodologist, Dennis Stevens will remove the noise and walk you through our governance model and team design to help you better understand the LeadingAgile system of delivery. When you first look at our governance model or some of our team designs, it might look complicated, it might look really busy. The governance model makes that actionable.

Five expectations for agile tools…

Kiron Bondale

Agile delivery does not mandate the use of software tools, but when scaling agile within large organizations with greater numbers of stakeholders, geographic distribution of pods, compliance requirements and similar enterprise challenges, tooling can improve efficiency and effectiveness. There are a few basic expectations which should be met to ensure that your tooling isn’t consistently identified as a blocker during stand-ups and retrospectives.

2017 131

“Organize Around Products/Services” is a great addition to the Disciplined Agile principles

Kiron Bondale

The Disciplined Agile (DA) principles were recently refactored and as part of this refactoring, a principle was added: “Organize Around Products/Services” While it is just one of the eight principles, this new one aligns very well with lean thinking. Based on the strategic value of the product or service, governance leaders should be able to allocate a tranche of funding for a time period such as a quarter or a fiscal year.

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Webinar Recap: Leveraging the Latest Office 365 Project Tools & Capabilities

MPUG

Please find below a transcription of the audio portion of Tim Runcie’s session, Leveraging the Latest Office 365 Project Tools & Capabilities, being provided by MPUG for the convenience of our members. Kyle: Hello and welcome to today’s MPUG webinar leveraging the latest Office 365 Project tools and capabilities. We’re also going to see trends that other software vendors are producing tools that fit in a space.

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The Basics of Agile Transformation

Leading Agile

The process centers around forming teams, defining an Agile governance model, and identifying and baselining metrics the company cares about. This plan includes a working hypothesis for structure, governance, and metrics which we will progressively elaborate throughout the Transformation. At this point, structure, governance, and metrics will begin to solidify, and the organization will begin to establish an internal set of best practices.

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Preparing to Take On a Business Process Management Software

Wrike

What is business process management, after all, but the methods and tools used to monitor, streamline, and improve business processes? Managing these processes requires business process management tools. BPM uses technology tools , specifically automation software, to visually depict — or model — the flow of work and information in your company. Governing the usage of technology and software are the methodologies for managing business process flows.

The Hawthorne Effect:Can You Hawthorne Yourself?

Leading Agile

Companies, governments, and such have always had a keen interest in squeezing as much work out of people as possible; you know, for building railroads , for agricultural work , and other things. I’m sure they are obvious to you, as well: Lean 5S. The Lean 5S thing comes from five Japanese words that have to do with setting things in order and keeping them that way. The idea comes from Lean Manufacturing, but it applies very well to software work , too.

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The PM Skills You Can Forget About (And the Ones You Really Need to Know)

LiquidPlanner

Courses, coaches, blogs, and websites try to give us a rounded view of what project managers need, and some skills and tools do still have value in some situations. Having said that, the critical path itself is a very useful tool on projects. But I think it’s more likely to be that business systems today are far more integrated, lean and systemized than ever before. It is known as a hugely powerful tool, but one that takes some set up.

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DDSTOP The Saga Continues

Herding Cats

We were one of the first users of eXtreme Programming, long before Scrum was around and presented that early work in 2003, " Making Agile Development Work in a Government Contracting Environment, Measuring velocity with Earned Value." . For any Agile development tools (Rally, JIRA, Team Foundation Server) have embedded tools for making these charts. Place all the information into some modeling tool. Buy a Software Estimating tool, like one of these.

Meisterplan at 2018 PMI Global Conference – Do Your Plans Work?

Meisterplan

” At Meisterplan, we realize that project portfolio management (PPM) doesn’t involve simply finding the right tool. You can have the best tool in the world, but without the right process, it will be worthless. We have used those conversations to develop our Lean PPM process. Our goal is to continually improve our Lean PPM process and to share what we learn and what we’ve developed with organizations worldwide who use or need PPM.

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Are you being (responsibly) transparent?

Kiron Bondale

They will also benefit if the higher levels of trust which result from increased transparency encourage enterprise groups to lean out governance requirements by focusing on the few outliers rather than punishing the majority. Project teams have many tools and techniques available to them which can provide transparency about progress and impediments, but using these in isolation may not provide that context.

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Misunderstanding Making Decisions in the Presence of Uncertainty

Herding Cats

Risk Management and Reliable Forecasting using Un-Reliable Date,” Troy Magennis, Lean Kanban , Central Europe, 2014. Federal Government, in support of OMB Circular A-123.”. Identifying and Managing Project Risk: Essential Tools for Failure-Proofing Your Project, Tom Kendrick, AMACOM, 3 rd Edition, March 2015. NoEstimates Debunking Decision Making Estimating Governance Mathematics Principles Risk Systems Theory

5 Kaizen Principles That Underpin the Methodology

ProjectManager.com

Since then, the implications have reached beyond industry and the kaizen principles have been used to help in healthcare, psychotherapy, government, banking and even life coaching. They should offer a system and tools to help the teams achieve these goals. The idea of always making small improvements is not dissimilar to lean manufacturing, especially with the emphasis of eliminating waste. Kaizen, like a lean or agile approach, works with iterations.

2019 294

Enterprise Agility in Financial Services: Learnings from the 2019 Planview Horizons Customer Conference

Planview

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. Teams are now empowered to use Lean and Agile methodologies and enterprise Kanban to continuously improve their unique workflows. Compare this with the outcome-based approach of Lean-Agile practices.

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Turbo charge your productivity by combining Personal Kanban with GTD

Sudipta Lahiri

Personal productivity and time management tools/methods have always been a subject of interest. Numerous methods and tools have been developed over the years. Given that any tool or method needs a certain level of discipline at an individual level, is there a method that can really stick, help you manage better, visualize what you need to do and most importantly, stick? I got exposed to Lean thinking when we first started using the Kanban Method for our software development.

2017 20

Review People Over Process

Henny Portman

In the third section we get an overview of some routine meetings like the daily scrum, demos, governance meetings and teleconferences. the “self-governed team” agile principle is a valuable but incomplete concept. Michael K.

Connecting Business with IT to Achieve Agility in the Financial Sector

Planview

Joaquim’s response: The starting point was providing a governance framework that aligns the work of different roles to company objectives, KPIs, and cadence, with a good balance of rigor and flexibility. Joaquim’s response: We did it in a context of a tool replacement.

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Business Agility: What Is It & Why Is It Important?

ProjectManager.com

Taking the agile framework and applying it to business agility creates a tool that can serve business of all sizes and types. Next you want to establish a list of what the business needs to do, how will it do it and what is the appropriate organization and governance to structure and oversee that process. This is founded on a lean execution that responds immediately to feedback without sacrificing quality. Businesses love nothing more than stability.

2019 296

Navigating Complexity: Zoom Towns and the 'K' Shaped Recovery

Leading Answers

The term “Fourth Industrial Revolution” was coined by Klaus Schwab, founder and executive chairman of the WEF in 2016, and refers to how technological changes are drastically altering how individuals, companies and governments operate. We need a better thinking tool.

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The World of Work is Changing—Here’s How You Can Embrace It

Planview

Using tools like Kanban boards helps team members map out work which allows great visibility to work status. Lean-Agile Delivery : Process-driven work is flowed in for teams to execute on by leveraging lean and agile methods allow these teams to test and deliver more frequently and establish a continuous feedback loop increasing speed time-to-value. Today’s PMOs are challenged to let go of rigid-highly controlled governance in place of flexibility and agility.

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Review 10X Growth Machine

Henny Portman

It offers a very detailed description of a battle-tested methodology with a framework, a canvas, seven models and eleven tools. In the book we get an integrated set of building blocks, principles and tools to create different (disruptive, sustaining and efficiency) innovations as a structural way of working. Growth governance : Lean innovation process and venture boards, growth policy playbook, and growth accounting. All models and tools are explained in great detail.

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The ROI of PMO

Keyedin

Today’s PMO is a chaos wrangler, a master of governance, a resource manager and the linchpin of operational excellence. For example, a PMO that utilizes a comprehensive PPM tool can create extensive reporting — hard numbers — that arm decision-makers with information.

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The Complete Glossary of 614 Project Management Terms

Workamajig

Audit: The process of analyzing a project to ensure that it is being governed as intended. Enterprise Project Management Office (EPMO): A dedicated department within an organization that's responsible for the governance of projects, programs, and portfolios across the organization.

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Project Management Methodologies 101: The What, Why, How, & Types Explained

ProProfs Project Management

The Agile project management methodology emerged in 2001, and it is still fast catching up and proving to be a vital tool in the arsenal of most modern project managers. According to Kimberly McAdams, a Six Sigma Master Black Belt: “Six Sigma is a methodology that uses a set of tools that help us measure what we do and then improve what we do. Lean Six Sigma. One of the new, upcoming project management methodologies is lean six sigma. .

The Definitive Guide to Project Management Methodologies

Workamajig

On paper, PM methodologies are tool agnostic, i.e. you should be able to use any methodology regardless of what PM tool you use. In reality, most project management tools are specialized to use a handful of methodologies. PRINCE2 (Projects IN Controlled Environments) is the official project management methodology of the UK government (which means that most UK government projects use it). Evaluate Your Tools. What are project management methodologies?

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8 Project Management Methodologies Made Simple

Proofhub

Combine your agile methodology with an effective PM tool. Increasing visibility of work in progress to improve speed and quality of work Lean ?—?Streamlining Lean The lean project management methodology is all about delivering more with less. PRINCE2 PRINCE2 ( PR ojects IN C ontrolled E nvironments) is a process-based methodology used by the UK Government, widely recognized and practiced in the private sector in the UK and internationally.

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Let’s Be Agile Together!

Arras People

Coming from a manufacturing background I have exposure to Lean (make to stock) and Agile (make to order) and TOC in terms of delivering products. Having made their choice to follow a certain path, they then embarked on a top-down implementation of that philosophy, part of which was choosing and implementing methods or tools. Moving forward into my years in Professional Services I began delivering Projects, using a wide range of methods and tools.

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Healthcare PMO: BCBS Roundtable Exchanges Thought Provoking Ideas

Planview

Their enterprise architecture team is also more engaged and involved: “Our hope is to start driving strategy based on business need versus business teams deciding they want a tool and bringing it in.”. They are also using purpose-built tools to tap the collective wisdom and creativity of their employees, partners, and others. It’s a great tool and we are grateful for it. Another idea became a new sales engagement tool that has supported over $60 million in sales and renewals.

State of the Industry: The Critical Role of Resource Utilization

Keyedin

Improved resource utilization is a rising concern in project-focused businesses, resulting in increased focus on optimization through metrics, government and management. A variety of trends related to resource utilization have emerged, including a new focus on standardization and improved governance. E/IT leans more toward monthly reporting, with more than half following that method and only a quarter focusing on weekly reporting.

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Pulse of the Profession 2018: The Project Manager of the Future

Inloox

Increased government regulations. Versatile Manager: has experience with various approaches—waterfall, Scrum, agile, lean, design thinking etc. The constantly changing technical landscape— from social media, to web-based tools, to learning management systems—will present tremendous opportunities for exploration and experimentation. New technologies bring rapid and continuous change to our workplace.

2018 148

Agile project management software guide

Binfire

The other day I was reading an article in which the author argues , in order for the government agencies to become more efficient, they need to transition to the Agile method! For the government agencies to get efficient, they need to embrace Agile methodology. . If there are benefits for the huge government agencies to go Agile, then you need to take notice and to check out Agile for your own business. 7- Lean development.

How PMOs Can Drive Needed Change During Tough Times

Keyedin

In multiple regions throughout the United States and other countries, many organizations have sent their staff home to comply with health professionals’ and governments’ recommendations to practice social distancing. Adopt an Agile PPM tool. A PPM tool creates a digital hub of information that can be accessed and managed anytime, anywhere. If all data is centralized and a good PPM tool is implemented, guess what occurs naturally?

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What is the Difference Between PRINCE2 Agile and APMG Agile Project Management?

Arras People

One reason for their similarity of definition is that Project Management is in some senses a fairly closed set of steps, roles, techniques and tools and so is Agile. PRINCE2 Agile says use Lean-Start-up and fail-safe and fail-fast to ‘build-measure-learn’ Agile-PM uses DSDM’s defined roles such as Business Ambassador and Solution Tester.

What is a Stakeholder in Project Management?

Planio

No matter how agile and lean you try to run your projects there are inevitably going to be a lot of people involved in getting you from project proposal to launch day. This could mean partners, users, competitors, or even government groups who will be impacted by what you’re doing. These are the people who will make or break your project—like the sponsor, funding groups, or government agencies. And remember to use the right tools for the right stakeholder.

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SwiftKanban/ SwiftESP for AKTs and KCPs

Digite

Based on the announcement made there by Lean Kanban, Inc. We, at Digité in Cupertino, were fortunate to have witnessed David’s early sketch of the concept as comprehensive portfolio management, demand and capacity/ capability balancing, risk governance based system that enabled an organization to optimize the flow of services delivery across the organization! As a result of the collaboration between Digité and Lean Kanban, Inc.,

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How To Make 2018 A Successful Year for Your Projects

Girl's Guide to PM

XP, scrum, lean, etc.) In 2018, I plan to expand my book, Project Management for Creatives , into a full course, and dive more deeply into resources that guide successful implementation of tools, process and systems in the simplest way possible. I think when we think about how we are delivering our projects, we need to focus on Business Value, Customer Satisfaction, Governance and less about coming in on time and budget. Lean in a little more to the opportunities before you.

2018 255

4 Project Management Trends of 2020: What to Prepare for?

Epicflow Blog

Moreover, we’re subsidized by the Dutch government to research artificial intelligence in project management. What’s true is that Epicflow multi-project management tool is currently AI-ready and we have plans to start applying it in the near future. Anyway, project management is rapidly changing in every industry, new methodologies and tools appear, which requires project managers to be up-to-date. Lean PM.

2020 61

Homeworking & Homeschooling in COVID-19

Brad Egeland

Lean on others for info, tools and advice. I was just a software developer and the person proposed in the position on a huge government IT project. It appears that COVID-19 isn’t going away anytime soon.

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