Welcome

snapshot-11-beatThis site is all about Project Portfolio Management, particularly about Portfolio, Program and of course Project management. Projects are very special in the economic landscape, running outside the usual business processes of an organization with exceptional resources.

Portfolio and Project Management are two sides on the same medal. Whereas the Project Managers concern is to do the things right, the goal of the Portfolio Manager is to do the right things.

This can lead to tensions but also to chances as both sides can benefit from each others. The Portfolio Manager can ensure that the value of the portfolio can be maximized if he or she gets the right informations. On the other side the Project Manager profits that with the input of the Portfolio Manager his or her project risks can be minimized.

ppm paradoxon

There are several areas where proper portfolio management can generate massive value for the organization. For example only doing the right things can reduce the overall project costs and save millions of dollars by even increasing the customer satisfaction.

Ensuring the projects are executed properly and on track not only increases the trust and confidence into the PMO but also reduces the risk of failure and again save money.

Join the portfolio cycle journey in the Portfolio Management section and learn which processes are necessary to significantly improve value / cost ratio of your portfolio and increase the benefit of your customers.

The pages in the Experience section will tell you more about me and my skills.

In my Blog I will cover various topics, tools and processes around project- and portfolio management.

News Flash

January 2017

Happy New Year! 

This year I will be moderating a think-tank discussion on the topic of KPI's to improve the overall  portfolio management governance at the (Agile) IT Project Portfolio Management 2017 conference in Berlin. KPI's are key for planning and controlling the performance of project portfolios and ensuring value generation. As more and more agile managed projects are joining the portfolio, KPI models need to be rethought, which is one of the goals of the discussion round.  I hope to see you there.

December 2016

In my last article in 2016 I am writing about dashboards for portfolios and why they should be not used in a nonreflective way.

August 2016

The Earned Value Analysis is a common accepted method to track and forecast the project progress but it's implementation is seen as not be easy as it adds complexity to the financial management of the project. But there might be other options... Read more in my newest blog.