OK – so the whole idea of project portfolio management stemmed from the concept of treating projects like an investment portfolio. Since companies invest a lot of money in these projects, we should monitor them as such. In most PPM practices I’ve come across, this metaphor is applied to project selection (which projects will give [...]
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Over the past few years I have certainly done my share of pontificating on how to balance staff resources against what seems like unlimited demand from projects (and other quarters). But when the rubber meets the road, we all have to find a way to make it work. All that pontificating and consulting has lead to [...] This week, I encountered an age old debate: which is better, planning from the top down or the bottom up? It happened to emerge during a discussion about resource planning, but it also applies to cost and budget estimates. |
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