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Showing posts from April, 2018

What is Kanban?

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Kanban is a visual system for managing work as it moves through a process. Kanban visualizes both the process (the workflow) and the actual work passing through that process. The goal of Kanban is to identify potential bottlenecks in your process and fix them so work can flow through it cost-effectively at an optimal speed or throughput.   The 3 core practices of the Kanban method are: 1- Visualize your Workflow 2- Limit Work in Progress (WIP) 3- Manage Flow & Eliminate Wasted Resources The Kanban Method is a process to gradually improve whatever you do – whether it is software development, IT/ Ops, Staffing, Recruitment, Marketing and Sales, Procurement etc. In fact, almost any business function can benefit from applying the principles of the Kanban Method. Sounds simple, right? Click on this download link  for a free eBook from our Partners at EasyProjects Sincerely, Jim Lombardi President/CEO Method123    

Portfolio Management

While project managers are focused on "getting the project done right" Portfolio Managers must focus on "getting the right projects done".  This places the role of the Portfolio Manager in a very key position that helps drive strategy in an organization. So how does the Portfolio Manager accomplish this? * Develop a process for prioritizing all projects across the organization -  A key technique for doing this is to develop a scorecard that is aligned to the organizations strategic objectives. - Force ranking the project list utilizing the above mentioned scorecard * Ensuring that the portfolio has the best chance of success by allocating the organizational resources required to successfully deliver the projects * Balancing the portfolio in such a way that short-term, mid-term, and long-term objectives are addressed in a reasonable mix that satisfies project sponsors. * Track the implementation and benefits against initial estimates * Manage the portfolio with an en

Portfolio Management

While project managers are focused on "getting the project done right" Portfolio Managers must focus on "getting the right projects done".  This places the role of the Portfolio Manager in a very key position that helps drive strategy in an organization. So how does the Portfolio Manager accomplish this? * Develop a process for prioritizing all projects across the organization -  A key technique for doing this is to develop a scorecard that is aligned to the organizations strategic objectives. - Force ranking the project list utilizing the above mentioned scorecard * Ensuring that the portfolio has the best chance of success by allocating the organizational resources required to successfully deliver the projects * Balancing the portfolio in such a way that short-term, mid-term, and long-term objectives are addressed in a reasonable mix that satisfies project sponsors. * Track the implementation and benefits against initial estimates * Manage the portfolio with an en