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PfMP - A Practical Guide to Project Portfolio Management

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Overview of PfMP portfolio Management Body of Knowledge - practical application.

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PfMP - A Practical Guide to Project Portfolio Management

  1. 1. PfMP - A Practical Guide to Project Portfolio Management Dave Ungar, PMP, PfMP PMI Central Ohio Chapter Professional Development Day November 13, 2015
  2. 2. Strategy Governance Performance Risk Management Communication
  3. 3. Project Management Institute. (2013). The standard for portfolio management, third edition. Newtown Square, Pa: Project Management Institute.
  4. 4. Project Management Institute. (2013). The standard for portfolio management, third edition. Newtown Square, Pa: Project Management Institute. You need data.
  5. 5. … Areas of investment, not projects.
  6. 6. Theme Theme Theme Theme Theme Theme
  7. 7. Theme: Develop new class Theme: Develop new routes
  8. 8. Governance how decisions are made how projects align how data & feedback are used to optimize Execute.
  9. 9. Risk Value (return) Project Value –vs- Risk (Limit)
  10. 10. Performance
  11. 11. Neutralizers ----- Go faster. Stop earlier. Differentiators ----- Test/ Learn. Commit. Productivity Projects ----- More effective use of resources. Regulatory Projects ----- As little as possible.
  12. 12. KPI: Compliance KPI: Productivity KPI: learning, improvement KPI: capability optimization KPI: Strategic Delivery KPI: Results
  13. 13. Leading Performance Indicators Lagging Performance Indicators
  14. 14. Risk Value (return) Project Value –vs- Risk (Limit)
  15. 15. Dave Ungar, PMP, PfMP @daveungar225 dave@daveungar.com PfMP - A Practical Guide to Project Portfolio Management
  16. 16. Appendix
  17. 17. Department Areas Finance Return 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 & Growth Is 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
  18. 18. © 1993-2015 Pragmatic Marketing, Inc. https://www.rallydev.com/els/discover-your-future
  19. 19. Project Management Institute. (2013). The standard for portfolio management, third edition. Newtown Square, Pa: Project Management Institute.
  20. 20. C

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