PMI Piloting New Portfolio Management Certification

Portfolio managers, there is a new portfolio management approach in town!  The Project Management Institute (PMI) recently announced that they are piloting a new portfolio management certification credential addressing your activities across the portfolio management life cycle while focusing on delivering measurable benefits to your business.  It is nice to see a complete set of […]
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MoP®: The Champion-Challenger Model

Implementing portfolio management is challenging at the best of times.  In order to make progress and get the resources heading in the right direction, there needs to be a way to make changes along the way.  One valuable lesson learned that the guidance recommends is the champion-challenger model.  Basically, this means your portfolio management processes […]
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Attending the APMG-Sponsored Portfolio Management Webinar on 25 June 2013?

Portfolio management is everywhere, whether we recognize it or not!  My previous post summarized the APMG guidance on portfolio management, titled Management of Portfolios or MoP®.*  While organizations rush to adopt portfolio management as a means to making more effective project investment decisions, many people struggle in the early stages with the explanation of what portfolio […]
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Guidance for Management of Value (MoV®)

According to the Merriam Webster Online Dictionary, value is defined as “the monetary worth of something” or as something’s “relative worth, utility, or importance”.  This is a term we are hearing more frequently in business today. Companies are trying to make business decisions that maximize and manage the value that the resulting outcomes add or […]
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Relating Portfolios, Programs and Projects

While projects, programs and portfolios are closely related, they are not the same thing. Portfolios are defined as collections of components grouped together to facilitate effective management of the work to meet strategic business objectives. The components found in a portfolio might include projects, programs, ongoing maintenance, and daily operations in an organization. In contrast, […]
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