pfmp - a practical guide to project portfolio management
TRANSCRIPT
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PfMP - A Practical Guide to Project Portfolio Management
Dave Ungar, PMP, PfMP
PMI Central Ohio ChapterProfessional Development Day
November 13, 2015
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Strategy GovernancePerformanceRisk ManagementCommunication
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Project Management Institute. (2013). The standard for portfolio management, third edition. Newtown Square, Pa: Project Management Institute.
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Project Management Institute. (2013). The standard for portfolio management, third edition. Newtown Square, Pa: Project Management Institute.
You need data.
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… Areas of investment, not projects.
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ThemeTheme
Theme
Theme
Theme
Theme
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Theme: Develop new class Theme: Develop new routes
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Governancehow decisions are madehow projects alignhow data & feedback are used to optimize
Execute.
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Risk
Value(return)
Project Value –vs- Risk
(Limit)
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Performance
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Neutralizers-----
Go faster.Stop earlier.
Differentiators-----
Test/ Learn.Commit.
ProductivityProjects
-----
More effective use of resources.
RegulatoryProjects
-----
As little as possible.
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KPI: Compliance
KPI: Productivity
KPI: learning, improvement
KPI: capability optimization
KPI: Strategic Delivery
KPI: Results
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Leading Performance Indicators
Lagging Performance Indicators
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Risk
Value(return)
Project Value –vs- Risk
(Limit)
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Appendix
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Department Areas
FinanceReturn On Investment Cash Flow Return on Capital Employed Financial Results (Quarterly/Yearly)
Internal Business Processes
Number of activities per function Duplicate activities across functions Process alignment (is the right process in the right department?) Process bottlenecks Process automation
Learning & GrowthIs there the correct level of expertise for the job? Employee turnover Job satisfaction Training/Learning opportunities
Customer
Delivery performance to customer Quality performance for customer Customer satisfaction rate Customer percentage of market Customer retention rate
BSC
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© 1993-2015 Pragmatic Marketing, Inc.
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Project Management Institute. (2013). The standard for portfolio management, third edition. Newtown Square, Pa: Project Management Institute.
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