Improving process performance. Accelerating business innovation.
Workshop: Portfolio Optimization
Problem
In many organizations, the success rate of process improvement projects is either too low or unknown. A major cause is project overload – disconnected, un-prioritized projects overwhelming the organization. Challenges include recruiting the best players, finding enough project managers, changing priorities mid-stream and understanding aggregate investments … delays, mistakes, and inefficiency.
Approach
This workshop introduces a portfolio approach for managing simultaneous projects. We customize activities according to your situation. For example:
- Assessing project objectives, activities, resources and deliverables
- Developing a project triage process: Inventory, criteria, priorities
- Creating a balanced portfolio and associated business case
- Creating portfolio management and oversight structures
- Collecting data on surviving projects
- Developing a process for post-project reviews
Participants
- Process Owners
- Project Leaders
- Business Transformation consultants
Agenda
- 3 pre-workshop teleconferences
- 2 days onsite for team and individual working session
- 5-20 participants, a cross-section of process and project managers
- Pre- and post-workshop assignments
Benefits
This workshop will result in fewer, more focused projects in a balanced portfolio. Participants will develop a data driven method for project governance, resulting in more effective portfolio management, better focus, and greater efficiency.
Format can be modified to address specific needs. In a single workshop we may add briefings to raise awareness, training to develop skills, or best practices to accelerate progress. By offering a series of workshops we help teams address issues and implement plans over time.
