Enhance Workplace Productivity using project portfolio management
In August 2013, I spoke at the Project Management Institute (PMI), and the International Legal Technical Association (ILTA) conference in Las Vegas. The audience and a panel I was on debated about the value of the PMO. We were discussing how the PMO helps organizations enhance workplace productivity. And, as the conversation went on, we began to realize that people were confused about which PMO we were discussing. Was it the project PMO, was the program PMO, or the portfolio PMO? Because those three are very different environments in which to operate, and they all have different governance processes.
Regardless of which PMO we were discussing, we all agreed on one thing, all of these environments enhance workforce productivity. The value of project portfolio management is in its ability to move the needle with accomplishing goals and objectives in a consistent, reliable, and predictable manner. It's how value gets delivered to an organization.
No matter which role you play, we all leverage these processes to deliver value to our companies and improve workplace productivity. So, the ideal audience for mastering the concepts of project, program, and portfolio management should include:
- Decision-makers and other executives who participate in the selection of products and services that will enhance the capabilities of their organization.
- Consultants and strategic planners who are responsible for the development of the organization's strategic roadmap, long-range planning, business planning, or short-term goal development will have a repeatable and consistent process that will align to strategic objectives.
- Business owners who need to understand how to allocate limited resources to achieve their organization's strategic objectives and goals will have the visibility to address project synchronization and reduce resource bottlenecks.
- Project and program managers who need a foundational understanding of the principles, processes, and procedures of project portfolio management.
So, if portfolio management is the apex of the project management ladder, then project management, is like starting at the base camp. And, as you ascend the mountain to the summit, it requires multiple activities which encompasses program management. Below are three comprehensive definitions for each of these areas, starting with portfolio management, program management, and then project management.
Portfolio Management
- Business processes, usually conducted at the highest level within an organization that decides; which projects, programs, and other initiatives will be undertaken in a given period. The criteria for selecting their actions; and the active management of these initiatives through then life cycle to ensure that benefits will be realized, including their termination as required.
Program Management
- Coordinated management of a related series of projects over time, to accomplish broad business goals to which the individual projects contribute, including benefits realization, stakeholder management, and program governance.
Project Management
- Application of knowledge, skills, tools, and techniques to project activities to meet or exceed stakeholder needs and expectations from a project.
Dictionary of Project Management Terms, 3rd edition.
In summary, the value of project programs and portfolios is that they provide the structure which enhances the workplace productivity and align with your overall goals and objectives.
To learn more, click here.
Sincerely,
What factors increase productivity?
Project Management Productivity Hacks
Napoleon said, “All plans are useless, but the act of planning is essential.” So, as we go through this material, you're going to get the opportunity to plan. You're going to get the chance to go through the act of planning by planning out how you can radically improve your productivity by understanding these top 10 productivity hacks.
How to increase productivity?
As you learn them, you'll be able to plan out how you can use them in your day to day activity and see an impact in your business and your professional life. These 10 productivity hacks make up a recipe for project execution. When an organization, a family, or any agency decides to achieve a strategic goal or an objective, the only way to get it done is by getting everyone on the same page. Well, these 10 hacks create the recipe that if you roll them out, you will create a culture within your group that knows how to execute.
Why is productivity important to you?
Why am I creating this free training program? It's because I sincerely want to help. I've been working in the project, program, and portfolio management industry for 20 plus years. I've gotten a number of certifications. I've done quite a bit of studying, but I've also had a lot of boots on the ground training. I've watched younger project managers struggle because they don't understand the hacks that can increase productivity.
What is the concept of productivity?
Just like when you go to Thanksgiving dinner with your grandmother or your mom, and she makes that amazing casserole, and there's a recipe, there's a recipe card box, and you open that box, and inside that box is that favorite dish that you love. Well, on that paper is the recipe. It's the five steps, it's the 10 steps, and it's what you put in and the steps you have to take.
These 10 productivity hacks are like the Thanksgiving dinner process. It is a recipe to help you and your organization go to new heights, make further changes, and have an incredible impact. So, I want you to buckle up and get your pen and paper out. So, as we get ready to go through these productivity hacks, they're going to help you make some significant changes in your business and your personal life.
What factors increase productivity?
If you are interested in taking it to the next level and learning these 10 productivity hacks, sign up for this free program by clicking the link below. That'll get you so that you can go through the program. You’ll also get a white paper; a few worksheets and the status report form I’m providing as a bonus. You’ll have a chance to learn somethings that are going to transform the way you do business.
I heard a quote one time that says, “We change and grow because of two things. It's the people we meet, and the books we read are the programs that we take.” And so I'm offering you one, you get a chance to meet me and get to learn about me as a musician, as a consultant, as a coach, as a certified project, program, portfolio consultant, and as an accredited neuroscience conversational intelligence coach. You get to learn from someone who has a lot of varied experience, but you also will get a chance to be exposed to some information that I truly believe will change your life. I could not have accomplished all the things that I've done without learning these productivity hacks, and I want to pass them on to you. So, go ahead, sign up for the program, and I'll see you on the other side.
To learn more, click here.
Sincerely,
Voted #44 on the 130 Top Project Management Influencers Of 2019 List
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