Thursday, June 22, 2017

Agile Project Portfolio Management? Conclusion

This is the last article in our Agile Project Portfolio Management series. The first article explored the concept of project portfolio management and how it relates to projects that are executed with agile delivery methods. The following articles discussed demand management, categorization, evaluation, funding, alignment, authorization, and monitoring.

Whilst writing of these articles I read a lot of books and other articles about (Agile) project portfolio management. I have seen a number of different ideas and approaches and a number of Agile frameworks that touch the subject of portfolio management. For example SAFe and DAD.  

The Disciplined Agile Consortium (creators of DAD) have defined a number of principles of Agile Portfolio Management where I can fully agree with.

Simplicity: Keep your approach lightweight and streamlined.

Value: Focus on value over cost.

Reduce Delay: Reduce the cost of delay [link].

Improve: Invest in streamling the creation of value.

Stable Teams: Prefer stable teams over project teams.

Align to Value: Align teams to value streams.

Rolling Wave: Prefer rolling wave plans and budgets to annual ones [link].

Choice is Good: Support and enable diversity of approach.

Trust: Trust but verify.

Risk Driven: Govern by risk, not by artifacts.

Small is Good: Prefer small endeavors over large ones.

Quality: Invest in Quality.

Enterprise Aware: Optimize the whole.

But what I was missing was a simple blueprint that could be used as a base for implementing Agile project portfolio management. That is why I decided to write my own. This resulted in the Agile Project Portfolio Management Framework Guide.

The Agile Project Portfolio Management Framework

Based on this article series I have written The Agile Project Portfolio Management Framework Guide. Besides this guide, I have written many more articles on Agile Project Portfolio Management. You can find those here.

When you need help with setting up your Agile Project Portfolio Management process or want to have a review of your existing portfolio, have a look at Project Portfolio Review. When you are interested in a workshop on Agile Project Portfolio Management have a look here.

Other articles in this series

1. Agile Project Portfolio Management?
2. Agile Project Portfolio Management? Demand Management
3. Agile Project Portfolio Management? How to categorize your project backlog
4. Agile Project Portfolio Management? How to evaluate your portfolio
5. Agile Project Portfolio Management? How to fund your projects
6. Agile Project Portfolio Management? How to align your portfolio
7. Agile Project Portfolio Management? How to authorize your portfolio
8. Agile Project Portfolio Management? How to monitor your portfolio
9. Agile Project Portfolio Management? Conclusion
Posted on Thursday, June 22, 2017 by Henrico Dolfing