8. OtherCustomer Issues Decision making process is not transparent Lack of focused resources on high-value projects Lack of project / resource visibility
9. From the Theory We Know “Portfolio Management is a dynamic decision process, whereby a business’s list of active new product (and R&D) projects is constantly updated and revised” (source: Cooper) Selection of projects is included Allocation of resources is included Three goals: Value maximization of your portfolio Balance is about different kinds of project per operational goal Strategy is about the grouping of projects ‘around’ each operational goal (Strategic fit) Main factors determining success of innovation (NPI): Maximum speed to market Maximum fit to customer needs Problems related to PFM: Uncertainty and change of information about all projects Multiple decision makers and locations
10. Solution Look for a solution that: Align projects to goals Portfolio-based decision making support for new projects Monitoring of running projects on portfolio and program level
11. QuestionYourself Do you have full visibility into the performance of your projects? How do you prioritize your initiatives efficiently and avoid the redundancy? Do you have an overview on planned and proposed projects? How do you control cost and profitability today? How do you ensure you do not overspend your projects? How do you ensure you allocate the right budget to the right projects?
