Keeping PPM Simple

Home  >  Articles  > 







Keeping PPM Simple

by Steve Chamberlin

October 8, 2007


The age-old problem of having more projects than resources to implement them--combined with the more recent focus on better alignment of projects with the strategic goals of the organization--has created an unprecedented interest in project portfolio management methods. However, PPM can place a huge burden on an organization--particularly mid-sized and small organizations--if not done properly. Here is a checklist for how to get the major benefits of PPM while keeping it simple:
 
1. Avoid “Minertia”
What is minertia? It is the tendency we all have to focus on minutia that causes negative inertia. We gather many project details that get plugged into endless spreadsheets and analyzed to death. The result is wasted hours gathering information or tracking details that never really help us make improvements, and more often than not never get used for anything. So, minertia should be avoided. Here are some ways to avoid PPM minertia: 
  • Don’t collect too much data. The 80/20 rule applies to data collection.



    Please login/register to read the entire article.





    sponsored announcements and special offers
    Position yourself for success with Florida Tech's MBA in Project Management, accredited by PMI® GAC. There's no GMAT or GRE required, and you'll also qualify for 1,500 experience hours that can be used toward earning a prestigious PMP® credential.
    The Enterprise PPM and PMO Blue Print. Learn strategies and best practices for taking a top-down, enterprise-wide approach to PPM processes and system deployment. To learn more and register now, click here!



    Laurie got offended that I used the word "puke." But to me, that's what her dinner tasted like.
    - Jack Handey