This Focused Performance Weblog is a "business management blog" containing links and commentary related primarily to organizational effectiveness with a "Theory of Constraints" perspective. TOC is noted for its applications in Project Management and Multi-Project Management (Critical Chain) and Operations Management (Drum-Buffer-Rope), as well as in Marketing, Strategic Planning and Change Management (TOC Thinking Processes). If you are on an archive page, current postings are found here.
Monday, January 05, 2004
Project Portfolio Management - Call for Comments -- Along with a number of other TOC (Theory of Constraints) practitioners, I'm getting involved in what could be a "blank sheet of paper" development effort for a process to select and prioritize projects in an organization's portfolio of efforts. (If the "blank sheet of paper" approach was good enough for Eli Goldratt to come up with Critical Chain Scheduling and Buffer Management, it's good enough for us. I'd like to solicit input from the readers of this weblog regarding their experience with this subject.
Typical of most such TOC analyses, I'd like to start not with ideas for solutions, but with problems and issues that are chronically faced in developing and managing project portfolios -- the "undesirable effects" of the way that portfolios are managed today. Please use the comment or contact link below to give me your take on the most troublesome aspect of project portfolio management that you would wave a magic wand at if such a wand existed.
What difficulty with project portfolio management is the one you would most like a solution to address?
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