New rules for utility portfolio management with data analytics

How utilities are becoming more innovative Most posts on this blog describe innovation portfolio management. Portfolio’s of innovation ventures, new product & business development projects, and R&D require frequent updates. In the past two years, I have also witnessed the dynamics of other portfolio’s change, in more traditional sectors such as real estate and utilities. In… Read More New rules for utility portfolio management with data analytics

Data Quality in New Product Portfolio Management

Twenty years ago, unreliable data was mentioned by well-known researchers as the main problem of portfolio management in new product development. Nowadays, hardly any thorough solution is found to improve the quality of data in portfolio management. Nevertheless, the need for research on data quality has increased further due to the cost of low-quality data… Read More Data Quality in New Product Portfolio Management

Good project management and good portfolio management tools

PPM tools compromise between project support and portfolio management In my previous post I blogged about the maturation of portfolio management (PFM) as a separate discipline, related to but different from project management (PM). The automatic bundling of both under the PPM acronym (stressing the linkage between these processes) is loosing its value now that we… Read More Good project management and good portfolio management tools

The end of PPM as we knew it, and what’s next?

Finally In 2014 we have seen confirmation that portfolio management (PFM) is a process and a discipline in itself, and not an add-on to Project and Program Management (PM). Although a lot of important knowhow and best practices are gathered under headings such as P3M (Project, Program, Portfolio Management), the implicit grouping of these topics… Read More The end of PPM as we knew it, and what’s next?

Portfolio Health dashboard

Determining portfolio health According to Cooper et al. (2001) state that portfolio management has the following four objectives: Maximize the value of your portfolio Seek balance in your portfolio Your portfolio must be strategically aligned Pick the right number of projects These portfolio management objectives need to be translated into Key Performance Indicators (KPI-s) so… Read More Portfolio Health dashboard