Taking Your PPPM Pulse

Project/Program Portfolio Management (PPPM)
By PH Lohnes, PMP

Time to Ask Questions: Taking Your Organization’s PPPM Pulse

Having covered several topics on the PPPM frontier, it is now time for some homework. I am going to suggest that you take the pulse of your organization through the following exercise. Depending on your position in the organization, you may have to find a champion at the senior leadership level to assist you in working with the team members in the “C branch.”

  1. Do you have a PPPM environment currently setup at your organization? If no, go to Question 2
    1. Does the PPPM have a vision or maturity roadmap?
    2. If not, what is the driving focus of the PPPM?
    3. If yes, when was the last time it was updated or vetted for viability?
    4. Is the PPPM supportive or supervisory at the portfolio and program levels?
    5. Who is or are the portfolio managers at your organization?
      1. Are they privy to the strategic goals and objectives discussions?
      2. Do they receive support from the “C-level” branch personnel?
    6. Do the portfolio managers use quantitative or qualitative analysis to construct their portfolios? Or a mixture of both? Don’t know.
    7. How is the ideation process conducted to uncover new opportunities for PPPM portfolio level investments? How frequently is the process conducted?
    8. What is the process for determining the benefit / cost relationship of potential portfolio investments? Is it consistent, and equitably applied?
    9. How is funding applied to potential investments? Prioritization, key stakeholder, political?
    10. How are investments measured for execution and alignment with strategic goals / objectives?
  2. Why not?

Depending on your answers to the above questions, and looking back over the previous posts for the past 8-10 posts, you should be able to determine if you are effectively using the potential of your PPPM environment. Over the coming several posts, I will delve deeper into the actual activities an organization should consider when establishing or adjusting an existing PPPM environment.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s