Comments for Project Portfolio Management TodayOrganizations constantly change themselves in many ways, and those changes are brought about through projects and project portfolios. Here is where the notion of a desired future state becomes important. Future state means “a clear definition of destinations that exist in the visions and plans of people who take responsibility for the performance of the organization.†When an organization moves in a direction, a desired future state represents the destination of that direction, and that...Comment by Demian Entrekin on Product v. Project Portfolio- May 27, 2008 Michiel,My own experience with Telecom companies is that the decision cultures can vary drastically. Very smplistically, the cellular industry seems to be running as fast as they can and portfolio managemtn seems to work best when it is deployed tactically at the Business Unit level. In other words, distributed decision making and localized portfolio management seems to work best for them. With the more traditional telecom companies, they are more traditional in their process,http://networking.ittoolbox.com/r/rss.asp?url=http://it.toolbox.com/blogs/ppmtoday/product... Comment by MichielPrins on Product v. Project Portfolio- May 27, 2008 Dear Demian,Thanks for your insights. On the relation between Product Portfolio Management and Project Portfolio Management I was indeed thinking on New Product Development Projects; in this relation I think those cannot be seperated.The criteria's named are indeed organisation specific and do differ over different organisations and industries. I made the mistake once thinking that the process of Portfolio Management needed a lot of adaptation to a certain organisation, bhttp://networking.ittoolbox.com/r/rss.asp?url=http://it.toolbox.com/blogs/ppmtoday/product... Comment by MichielPrins on Product v. Project Portfolio- May 27, 2008 Dear Mr. Entrekin,The relations and differences between Project Portfolio Management and Product Portfolio Management can be shown, indeed the literature from Cooper shows interesting insights. However, how to manage both Product and Project Portfolio Management is a lot more difficult.I have been doing some research on Portfolio Management during my Master at Delft University of Technology. And I think that Product Portfolio Management and Project Portfolio Management cannot behttp://networking.ittoolbox.com/r/rss.asp?url=http://it.toolbox.com/blogs/ppmtoday/product... |