Agile Portfolio Management

Looking for a better way to select the right initiatives to realize your strategy? That's exactly where I can help! I can help with

• Installing a lightweight decision process to make the right choices and adjust  quickly when needed
• Making sure that choices are made as resources are always limited
• Creating transparency and a mutual understanding of the choices made

All of this with increased Agility and by applying what makes sense!

Wat is portfolio management? It's all about doing the right things!

• Obtaining that highly desired 'helicopter' view
• Making the right choices ensuring the strategies of an organization are realized
• Minimizing the number of wrong choices and resources spend on the wrong projects not contributing to the strategy

Why Agile Portfolio Management? Less wrong choices!

With Agile portfolio management you further reduce the risk of working on the wrong things and you make sure that new things are prioritized swiftly which is hugely important in todays fast pace and ever changing environments

Why traditional portfolio management does not work... any more?

(1) Planning a year ahead is not realistic any more

Generating a roadmap over multiple years and then comitting to it and implementing it has it's serious issues and problems in todays fast pace and ever changing environments. Nowadays too many things change too rapidly. New projects don't wait for the next yearly budget cycle. And with traditional portfolio management it's hard to prioritize new projects in between 2 budget cycles. If the efforts for getting the needed approvals for the project are too large people will find workarounds. As a result projects are started because they are sponsored and supported outside the approval process.

(2) Efforts spend on projects that don't make it to the budget generates a lot of WASTE

Traditional portfolio practices typically rely on high quality business cases and feasibilities. Performing high quality business cases and feasibilities takes time. All efforts spend on these projects that don't make it to the budget is waste!

(3) Wrong assumptions leading to wrong choices

Even high quality business cases and feasibilities rely on assumptions. Assumptions kick-in when information is incomplete and that's always the case. Although it's a good practice to document these assumptions often this is not done. In the fast pace and ever changing environments the assumptions made - especially those related to external factors like market conditions or the competive landscape - correct today might be wrong tomorrow. Working for a long time on the wrong things due to assumptions which are no longer valid is potentially a big source of waste in an organization.