Category Archives: Portfolio Management

[Utilities] PMO Strategies & Capital Investment Governance Webinar

Excited to announce this upcoming utilities-focused webinar on March 12 (2:00-3:00 EST) with UMT and Frank LaRocca, Director of Business Improvement Services for ConEdison. Learn from ConEd’s experiences and insights on building governance and an enterprise PMO for multi-billion dollar … Continue reading

Posted in Events, PMO, Portfolio Management | Leave a comment

Want Value from Prioritization? Stop Focusing on Prioritization

What’s the best way to prioritize projects and initiatives within the portfolio?  This is a common question – with equally common answers.  Usually, the response is to implement a structure that maps projects to strategic initiatives.  Increasingly, the answer is … Continue reading

Posted in Portfolio Management | Leave a comment

Applying Enterprise Architecture to an EPMO Process Framework

Thinking a bit more about last week’s post on scoping the EPMO.  In that post, I asserted that there are certain “stock” capabilities that an organization requires to execute projects.  Some of those capabilities should be best owned by the … Continue reading

Posted in PMO, Portfolio Management | Leave a comment

Scoping Your EPMO

In the ongoing quest for PMO relevance, many organizations are aligning to the PMO specifications defined by PMI in the Pulse of the Profession report unveiled in last year’s PMO Symposium.  In that report, five different PMO frameworks were defined: … Continue reading

Posted in Portfolio Management | Leave a comment

Project Portfolio Management: The Perspective of Choice

When enterprise architects meet up over beer and start parsing the terminology of enterprise architectural modeling, the concept of perspectives comes up, i.e. the ability to model the underpinning structure of the enterprise from a number of different perspectives – … Continue reading

Posted in Portfolio Management | Leave a comment

A Focus on Resource Management is Value Deferred

A PMO’s job is fundamentally to operate as an investment advisor to the business.  A PMO should recommend to the business how to best structure projects and the project portfolio to reduce risk and enhance value.  All too often however, … Continue reading

Posted in IPA, Portfolio Management | 3 Comments

The Microsoft Platform and the Evolution of a PMIS

Is a doorway a frame around empty space?  Or is it the space that is surrounded by a frame?  When selecting a PMIS platform, the same question should be asked.  Is a PMIS a series of solutions within an empty … Continue reading

Posted in PMO, Portfolio Management, Project Online, SharePoint, Workflow | Leave a comment