“Thank you for the detailed explanation of Project Portfolio Management! The benefits you highlighted, such as better resource allocation and alignment with strategic goals, are very insightful. Could you provide some examples of tools or software that can help in effectively managing a project portfolio?”
@AcuityPPM4 күн бұрын
We would encourage you to try out Acuity PPM software for managing a project portfolio. You can try out the software here: acuityppm.com/contact-us/ We help organizations get all set up with the software so that they can manage the different aspects of project portfolio management. Thank you!
@susanrich383Ай бұрын
Terrific, detailed overview of an effective, efficient work intake demand management process. VERY informative and narrator does a great job presenting in clear, concise, logical and easy-to-understand way. Well done!
@AcuityPPM4 күн бұрын
Thank you for that feedback; that helps us deliver more great content.
@larrymaloney57912 ай бұрын
excellent - so true!
@AcuityPPM2 ай бұрын
Thank you, Larry.
@PaulRoger9732 ай бұрын
Very interesting, can you provide sources of your information particularly regarding epmo and structure and capabilities of PMO ? Many thanks for the feedback
@lakshmanyerramalla99812 ай бұрын
Excellent presentation
@AcuityPPM2 ай бұрын
Thank you, we are glad you liked it
@Sepehrasg2 ай бұрын
I was looking for Financial risk management but this video was helpful.👍
@PhillyzJamPoet2 ай бұрын
Do you have a template for this impact matrix and analysis?
@AcuityPPM2 ай бұрын
We can share a template and we also have these capabilities within Acuity PPM software now. Please visit acuityppm.com/contact-us/ and request the matrix. Thank you.
@MichelleGlynn-hi3xi3 ай бұрын
Excellent video. Prefect overview of PPM. Thank you.
@AcuityPPM2 ай бұрын
Thank you, Michelle! We appreciate the feedback.
@Trance1043 ай бұрын
Great video! Thank you!
@AcuityPPM3 ай бұрын
Thank you for the feedback! This helps us create more content.
@brianscott24093 ай бұрын
😇 *promosm*
@evansalicia634 ай бұрын
Great Lesson!
@AcuityPPM4 ай бұрын
Thank you, Jay! Glad to hear that.
@johnpaul7074 ай бұрын
The main drawback i see in this approach is, the resource plan doesnt correlate with schedule work/data.
@AcuityPPM4 ай бұрын
You bring up an important point, which is "how granular of resource data do we need to successfully manage resource capacity?" In addition to the response below, I would also encourage looking at two of our articles. acuityppm.com/best-practices-for-resource-capacity-planning/ acuityppm.com/ppm-101-the-challenges-of-resource-capacity-planning/ There are different points of view on this. Based on our experience, we believe that most organizations benefit by having a higher level resource plan that corresponds to the timing and scope of the project and which is informed by the input of the people doing the work. This is the easiest to build and maintain. Other people would advocate that resource forecasts should be at a task/activity level in order to be more "accurate". Some organizations can be successful with this approach, but it not only requires advanced project management capabilities to plan the work at a detailed level, but it also assumes that leadership can (and will) make better decisions based on the more granular data. From our experience, even if project management is more mature, the extra granularity does not get used well by the governance team to make better portfolio decisions. In fact, we have seen such resource plans as a "false precision" that gives the illusion of accuracy, when in fact the resource data may not be accurate at all. Let's assume that an initial resource plan is well built and accurate, the problem then becomes with the maintenance of that resource plan. Over time, as things change, it requires a lot of work to maintain the accuracy of that plan. This is where resource capacity planning efforts fall apart. It takes a lot of extra work to maintain both a detailed schedule and detailed resource plan. For these reasons (and others), we believe that many companies can be just as successful by maintaining a higher level resource plan that is "good enough" to answer the two key questions: 1) When can we take on new project work? 2) Can we get our existing project work done?
@cole63294 ай бұрын
😒 *Promo sm*
@serafinoleoni38245 ай бұрын
good explanation 👍🏻 thank you
@AcuityPPM2 ай бұрын
Glad it was helpful!
@Slick9756 ай бұрын
An excellent presentation. Great work.
@AcuityPPM6 ай бұрын
Thank you for the encouragement; this helps us produce more content.
@collinsg287 ай бұрын
Another amazing lesson! Keep it up! 🙌🏼
@AcuityPPM7 ай бұрын
Thank you for the encouraging feedback; we are glad you liked it.
@kamilkamin39547 ай бұрын
outstanding lessons
@AcuityPPM7 ай бұрын
Thank you very much for the feedback, we appreciate it!
@AnnaWeltmanPsychForSport8 ай бұрын
very helpful and well presented, thank you!
@AcuityPPM2 ай бұрын
Thank you, Anna.
@futurismaai-xt8qk9 ай бұрын
Strategy roadmap for portofolio managenent drives stratehi xecutuon and maximize bussines value delivrty through selction, optimazation and oversight of project investments which align to bussiness goals and objectives
@user-bn4uo4oe3u10 ай бұрын
yes!
@deanhamilton874010 ай бұрын
Thank you much!
@suzwayne Жыл бұрын
using the graphic of a stick person with a tie lends to the idea that all the managers in your scenario are men - you might want to rethink the false stereotypes these simple graphics reinforce.
@CesarGonzalezRFMonk Жыл бұрын
I'll add another P - People
@lakshmanyerramalla9981 Жыл бұрын
excellent thought process
@AcuityPPM Жыл бұрын
Thank you Lakshman!
@elenacatalina9813 Жыл бұрын
Very useful, thanks a lot!
@AcuityPPM Жыл бұрын
Thank you Elena!
@sportsmax261 Жыл бұрын
Need Oracle project portfolio management full cource...... please make videos on it 👍
@JeniferNamestka Жыл бұрын
This has great information, thank you!
@AcuityPPM Жыл бұрын
Thank you, Jenifer. Let us know how else we can help.
@jennjones9605 Жыл бұрын
You have wonderful information. Minor suggestion would be to bring some energy. With so much verbiage and diagrams, the monotone loses the listener.
@AcuityPPM Жыл бұрын
Noted, thank you for the feedback.
@zacharymartin51102 жыл бұрын
THIS IS GARBAGE IT HAS NO APPLICATION YOU ARE JUST TALKING ABOUT NOTHING ...DO YOU UNDERSTAND THAT? BUT YOU ARE JUST ONE OF MANY WHO CREATE CONTENT JUST TO TALK
@alanjyu2 жыл бұрын
Clarification question: is there a difference between value and benefit? I wasn't clear
@AcuityPPM2 жыл бұрын
Alan, great question. Value is defined by each organization, but often includes a quantitative component (financial, such as net present value) as well as a qualitative component such as strategic importance and other business drivers. These elements of value are often incorporated in a prioritization scoring model (see: kzbin.info/www/bejne/qWqYdmeBiaabjqs). Benefits are the result of the key outputs that a project delivers. Benefit realization is about making sure that the outputs delivered by a project result in the benefits planned at the beginning of the project. One definition of benefit is "an advantage or profit gained from something" One definition of value is "the regard that something is held to deserve; the importance, worth, or usefulness of something". Value is the "regard" or the assessment of something. Benefit is the advantage/profit gained from the project deliverables. If you would like to talk further, please feel free to use this link: calendly.com/acuityppm/general-discussion
@veenajasty44712 жыл бұрын
Good information
@AcuityPPM Жыл бұрын
Thank you, Veena.
@selflove962 жыл бұрын
Thank you for sharing
@itorres0082 жыл бұрын
How do you set the weight percentages? AHP-like method? Are they supposed to add up to 100%? Because they add up to 90.
@AcuityPPM2 жыл бұрын
Good eye. Yes, the approach we recommend is AHP pair-wise comparisons and the percentages are supposed to add to 100% (and they do in Acuity PPM software). We have updated that image in our ebook on prioritization (to add up to 100%). Thank you, Ivan.
@nigelhalliwell82872 жыл бұрын
I am subscribed to the blog and have read the article there but can't find the slide-pack that includes the detailed visual shown in the video for each of the 5 stages in the maturity model. Can you provide me with a link?
@AcuityPPM2 жыл бұрын
Hi Nigel, please visit acuityppm.com/contact-us/ to contact us and we would be happy to send you a copy of the presentation. Thank you.
@oktabriyansyah93622 жыл бұрын
hi, i'm so interest about PPRM (Project Portofolio Risk Management). do you guys can explain how to cascade the project risk into portofolio level and details about project portofolio risk assessment? and also the independencies between projects can contribute the risk at portofolio level
@AcuityPPM2 жыл бұрын
Thank you for your interest in Portfolio Risk Management, we will try and provide an additional video on this in the future. In the meantime, you are welcome to schedule a complementary session to discuss portfolio risk management in more detail: calendly.com/acuityppm/trial-request
@mi98joni2 жыл бұрын
Thanks hopefully a lot to get started
@AcuityPPM2 жыл бұрын
Thank you, Niclas. Yes, resource capacity planning is one of the hardest components of project and portfolio management. It takes time to build up this skill. Two quick recommendations - help the project teams improve their planning and estimation and on the portfolio level don't collect too much data. Collect enough data to make better decisions.
@oktabriyansyah93622 жыл бұрын
may i request, make a video about how to cascade risk from project level into portofolio level and method of top down or bottom up in assessing risk of project portofolio. Thank You
@AcuityPPM2 жыл бұрын
Thank you for your interest in Portfolio Risk Management, we will try and provide an additional video on this in the future. In the meantime, you are welcome to schedule a complementary session to discuss portfolio risk management in more detail: calendly.com/acuityppm/trial-request
@waltermuzazaila39582 жыл бұрын
Very helpful. Thank you
@AcuityPPM2 жыл бұрын
Great. I am glad you found it helpful. Please reach out with any other questions or comments. Thank you.
@Amazing4u2 жыл бұрын
Great video, clear and direct to the point. Thanks
@AcuityPPM2 жыл бұрын
Glad it was helpful!
@selflove962 жыл бұрын
Thank you for sharing 👌
@AlbertsSlotChannel2 жыл бұрын
Thank you for the video! Was helpful!
@oktabriyansyah93622 жыл бұрын
hi, good explanation 👍🏻. I have some questions - how can we define portfolio - level risk (when we have programs and projects)? - how to calculate the aggregation from value risk from project to program and become a total risk value in portfolio? - is it true of bottom up concept to define portfolio level risk or top down? thank you
@AcuityPPM2 жыл бұрын
Good questions. Part of the portfolio risk management process is to define the types of portfolio risks you want to watch for. Essentially, portfolio level risks are risks that negatively impact strategic accomplishments. These tend to be risks that impact multiple projects and programs in the portfolio. These risks are bigger than any single project likely will manage. Calculating a portfolio risk score is dependent on having a scoring model in place as well as tracking project and program budgets. By linking the project/program risk score with their weighted budgetary contribution to the portfolio, we can calculate an aggregate portfolio risk score. You can schedule a free session to discuss further by clicking on this link: calendly.com/acuityppm/15min
@liliane.Y2 жыл бұрын
i searched all over the internet, this is the best one on priority matrix
@AcuityPPM2 жыл бұрын
Thank you for that feedback, we are very glad you got value from the video!
@azarshir12 жыл бұрын
Perfect, thanks a lot
@AcuityPPM2 жыл бұрын
You're welcome!
@gotrektom2 жыл бұрын
Very nice Looking foward to new ones ☺
@AlessandroBAM2 жыл бұрын
Awesome presentation, thank you
@AcuityPPM2 жыл бұрын
Thank you for that feedback, Alessandro! We try to put out great content.
@billyald262 жыл бұрын
Great video. Do you have an excel template to create charts with hours tasks take and hours at disposal?
@AcuityPPM2 жыл бұрын
We do not utilize Excel sheets. Honestly, it is very difficult to manage resource capacity in spreadsheets, unless you have a small team. We have a resource capacity module in Acuity PPM that we would be happy to show to you. We make it very easy to enter and maintain resource data. Please use this link to schedule a time: calendly.com/acuityppm/15min
@aminata24223 жыл бұрын
Great content! Thanks so much
@AcuityPPM3 жыл бұрын
Thank you, Ami! We're glad you found value in the content. We have a lot more great content on our blog as well: acuityppm.com/blog/
@harrisonwoodard67213 жыл бұрын
This is fantastic, Tim! Thanks for posting.
@AcuityPPM3 жыл бұрын
I'm glad you liked it. Let us know if you need help with a maturity assessment or roadmap: acuityppm.com/contact-us/