The path to implementing organisational strategy is very often seen as straightforward: you define what the strategic objectives are, then draw a path to that outcome by setting up an implementation plan and wait for the plan to deliver.
PfM² presents an effective standalone portfolio management methodology. PfM² encapsulates globally accepted best practices from other methods and standards from PMI, AXELOS, IPMA, and the European Commission, as well as the contributions of a large number of experts, practitioners, and the broader open community over many years.
Advancing on an evolution journey towards higher levels of portfolio management performance involves being able to define as-is and to-be states of performance and implementing continual improvements of the organisation’s capability and capacity in portfolio management.
While governance, plans and processes help us with what we could refer to as the administrative side of portfolio management, the right Mindsets help us develop a portfolio orientation and navigate the complex reality of portfolio management within organisations.
In October of 2018, the PM² Guide v3 was released by DiGIT, European Commission and published on the EU Bookshop with an open-source license. This release includes an Appendix with PM² Extensions which feature a new section D2 (page A-106 to 108) with a basic model for Programme Management named PM²-PGM. This article extends and elaborates this […]
What is the PM² Alliance Project Canvas and how to use it? Research shows (and experience confirms) that one of the top causes of project failure is related to inadequate project definition. It is therefore essential to initiate projects properly, bringing together key stakeholders to define and document the project idea and its key dimensions […]
In June of 2014, Agile PM² was released by DiGIT within the European Commission and then the basic model made available through the Open PM² Guide v1 in 2016. The Agile PM² Extension was developed to help Functional and Matrix Organisations establish a management framework for the effective integration of Agile practices and teams into […]