"Project portfolio management is the permanent planning, prioritization, overarching control and monitoring of all projects within an organization or a closed portion of an organization"
Changes will be implemented by means of projects. Large projects are divided in several projects. The individual projects then traverse their life cycle, and start and end sometimes at different times. The definition of these projects and the accounting for these projects is a cyclical process. The many challenges:
- Identification of project ideas or project proposals that actually have a strategic sense can be implemented in a considered time period or should be prioritized according to specific criteria
- Management of movements in the portfolio and handling of buffers in the portfolio
- Economics and value contributions of projects
- Allocation of budgets to the project portfolio in alignment with corporate goals
- Identify, represent and use of dependencies and synergies between projects
- Use of appropriate project management tools
- Ensure integrated planning and reporting from the client perspective
- Ongoing monitoring of projects from the client perspective
- Controlling of the project portfolio through standardized instruments of reporting and identification of project costs and project progress
- Ensuring the usage of adequate resource (utilization and demand)
- Consideration of different and sometimes conflicting interests
- Implementation of cross-project and quality management tasks
- Carrying out a cross-project information and knowledge management
- Ensuring the implementation of corporate strategies through appropriate projects
- Assessment, approval, rejection and deferrals of project applications
- Escalation and Evaluation Unit for approved projects
- Interface between project and management team
- Definitions of bodies, roles and tasks to ensure governance in projects
Our range:
We support companies in the introduction, adaptation and implementation of its portfolio management
Procedure examples:
- Analysis of the proposed project plan and integration into the corporate context and complexity and risk assessments of project proposals
- Analysis, evaluation or implementation of methods, processes and project management tools and templates for the implementation of projects
- Analysis, evaluation or introduction of multi-project reporting
- Analysis, evaluation or implementation of a PMO (Project Management Office)
- Analysis, evaluation or establishment of a resource management
- Analysis, evaluation or implementation of quality and risk management standards in projects
- Professionalization of portfolio management (in terms of ongoing adjustments and improvements)
How can we help you? Depending on the situation in the form of consultancy, interim management, executive coaching and training.
Project examples:
- Consulting: Analysis and evaluation of ongoing projects with crisis character. Developing recommendations for Steak Holder and project management to problem solving
- Consulting: Analysis and evaluation of project ideas in the corporate context. Development of recommendations for project synergies and avoid redundancies
- Consulting: Analysis and evaluation of the (continuous) planning and reporting of projects. Developing recommendations for efficient planning and reporting
- Consulting: Analysis and evaluation of risks and quality defects ongoing multi-projects. Developing Recommendations to avoid deviations aspired project objectives
- Consulting: analysis, evaluation or introduction for central monitoring of project budgets and resources and targeted adaptation. Changes in the schedule and or cost and resource an individual project can make changes for the planning of other projects necessary
- Executive Coaching: Coaching Management Team, coaching project in different phases of projects in the evaluation of projects, the deriving and achievement of project objectives
• Interim management: managing a PMO (Project Management Office, line multi-project management) - Training: Team development: including moderated team development processes; Role definition, rules of cooperation, motivation, support in the professionalization of team processes