A Portfolio Project Management (PPM) function will consider implementing operational work flows similar to this list:
- Identify Metrics for tracking all PPM data and processes
- Produce a Dashboard of current Metrics
- Measure PPM Process Compliance to published processes (SOP’s)
- Evaluate PPM Process Compliance metrics and recommend mitigation steps
- New Work Request Submission process and data collection
- Work Request Vetting and Revision processes
- Work Request Prioritization settings
- Portfolio Development / Proposals
- Proposed Portfolio Reviews / Recommendations
- Portfolio Review Board Selections and Communications
- Project Staffing, Scheduling, Kick Offs
- Project Execution Metrics Collection / Dashboarding
- Project Execution Oversight / Compliance Measurement Processes
- Project Delivery Quality Metrics Collection (Product, Process, Opportunities)
- PPM Feedback Review / Procedure Revisions (KPIs) Submissions to Step 5
Please review this list of suggested PPM Processes and advise us about your experiences and recommendations.
Thank you, bgbg