Advancing on an evolution journey towards higher levels of portfolio management performance involves being able to define as-is and to-be states of performance and implementing continual improvements of the organisation’s capability and capacity in portfolio management. Maturity Models provide a map consisting of a sequence of maturity levels, which show a typical evolution path represented…
PfM² presents an effective standalone portfolio management methodology. PfM² encapsulates globally accepted best practices from other methods and standards from PMI, AXELOS, IPMA, and the European Commission, as well as the contributions of a large number of experts, practitioners, and the broader open community over many years. The aim is to provide portfolio management guidelines…
Portfolio governance, processes, artefacts, and techniques help those involved in portfolio management optimise their management efforts and portfolio results. However, as “culture eats procedures for breakfast”, managing organisational culture and influencing people’s perspective, attitudes and perception should be of high priority when implementing portfolio management. What is Portfolio Orientation? Portfolio Orientation is the degree to…
The path to implementing organisational strategy is very often seen as straightforward: you define what the strategic objectives are, then draw a path to that outcome by setting up an implementation plan and wait for the plan to deliver. We (assume that we) have all the information we need upfront, we define a set of…
While governance, plans and processes help us with what we could refer to as the administrative side of portfolio management, the right Mindsets help us develop a portfolio orientation and navigate the complex reality of portfolio management within organisations. Portfolio mindsets are an essential part of any portfolio methodology. Just as we establish procedures to help…