The business case or a summary of it is usually the key document for evaluation and approval of the project. This is inadequate. At the evaluation stage you also need to validate the project set up too as this can be an invisible driver of excessive costs.
Your organization can be rendered superfluous by a new market entrant. The strategic Five-Forces model no longer applies. A sixth force can override them all.
To accurately measure your strategy's execution through your project portfolio is simple when you have the right tools.
How to powerfully, usefully and effectively measure each projects' strategic contribution.
Invisible driver of excessive costs Your organization has a range of capabilities - areas where it is particularly strong and effective that deliver the organization’s services and determine its competitiveness.
Every project must measure its strategic contribution as the first element of project prioritization.
The notion of a 'balanced portfolio mix' is a hoax. Your project portfolio needs to demonstrably deliver your strategy. It really is that simple.
The orthodox view of portfolio management as a super-set of projects and programs is wrong rather it is a subset of strategy execution.
The role of the portfolio management office may be known, but what exactly is it accountable for? The answer may surprise you
To understand project portfolio management you need to understand when you need a Portfolio Office
Invisible waste driver - people don't see the complexity retained that will cost them for years. Designing, developing and delivering something that should no longer exist is a complete waste.
It's time to axe the tax. Imagine that there is a tax of between 25% and 100%. This tax is totally voluntary yet 95% of firms are, unknowingly, paying it.
An invisible tax in most organizations Any time, effort and money spent on projects you should not be doing at all is a complete waste. Projects that are irrelevant to your strategy are a complete waste.
Tracking your strategy execution is simple and puts you in control of your strategy's execution
TOP's US Partner conducts a '3 nights and done' course on Strategy Execution at Princeton - for you for free.
Is the speed of change being overstated? We review the fast-moving technology world to find out that the speed of change is...not as fast as thought.
When your strategy, business and projects are all aligned the increase in results can be exponential. But this requires a different approach.
How to simply but effectively score each project's strategic contribution and relevance and visibly manage your strategy's execution
The "Capital Crime" is the unnecessary waste of capital through poorly executed strategies and projects.
Strategic growth is too often undermined by a lack of value delivery processes. Five in particular that can be easily put in place.
Here are "28 ways to lose $1 million a day”, lose value and destroy capital — check how many are in your organization
The speed of change
Assessing if you can deliver successful projects that are strategically relevant is the key to project success.
The focus of project delivery is cost, of business owners is value, and executive management is ROI, but they all must work together to succeed.
Each of the project, business and executive roles, timeframes and measures of success on project delivery are different
Without the top two 'value delivery lenses' projects are doomed to fail. Find out more.
TOP's four lens model changes management's perspectives and processes for value and project delivery
When we approach project delivery through the cost control lens we are doomed to failure. Two additional lenses are required for success.
Is the CFO part of the problem?
Critical Insights (4) We don't do business cases to justify the project - we do projects to deliver business cases!
Outputs versus Outcomes
Am I being unreasonable? It is important to monitor and analyze the true value of a project to avoid underestimating the worth of your work.
Its time to stop this madness! (3)
Its time to stop this madness! (2)
Its time to stop this madness! (1)
The essential THIRD dimension
Who’s on first?
Are you ‘competent’ or ‘capable’?
Jelly Management
Railroaded
True value
TOPics
- Benefits Management (29)
- Business Case (24)
- Business Simplification (5)
- Capability Development (38)
- Capital Investment (24)
- Change Management (17)
- Consultants (1)
- Costs and Waste (16)
- Engineered Thinking/Ideas/Innovation (8)
- Fifteen Critical Insights (15)
- Idea / Project Initiation (3)
- Mental Models, Beliefs and Myths (18)
- Outcomes Thinking (10)
- Path Dependency (10)
- Prioritization (13)
- Process Management (11)
- Productivity Improvement (7)
- Program / Project delivery (40)
- Project Controls (52)
- Project Governance (90)
- Project Management (4)
- Project Success (46)
- Project Validation (2)
- Risk Management (5)
- Scope Management (5)
- Standards/Frameworks/Methods (14)
- Strategic Project Portfolio Management (16)
- Strategy Execution (40)
- The TOP Four Lenses (1)
- TOP compared to orthodox approaches (7)
- Value Delivery (83)
- Value Equation (60)