Portfolio Decisions
Which work to start, stop, sequence and fund when projects share the same people, and how to see the portfolio as one system.
Topics: All Insights · Constraints and Bottlenecks · Resource Management · The Cost of Delay · Portfolio Decisions · Value and Business Cases · Planning and Estimating
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How to Prioritize Projects: Score the Wait, Not the Worth
Read the piece: How to Prioritize Projects: Score the Wait, Not the WorthScoring models rank projects by worth, but order is set by drag cost: what each week of waiting loses, divided by time at the constraint.
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The Project Prioritization Matrix Draws the Wrong Lines
Read the piece: The Project Prioritization Matrix Draws the Wrong LinesA prioritization matrix sorts work into boxes, but priority is a slope: drag cost per week divided by time at the constraint, steepest first.
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When Every Project Is Priority One: How a Portfolio Turned Around in Five Weeks
Read the piece: When Every Project Is Priority One: How a Portfolio Turned Around in Five WeeksEvery project was priority one and nothing was finishing. What turned it around in five weeks? A real case behind the Sequencing Decision.
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The Escalation Auction: Why Your Scarcest Hours Go to the Loudest Sponsor
Read the piece: The Escalation Auction: Why Your Scarcest Hours Go to the Loudest SponsorYour scarcest hours go to the loudest sponsor, not the best-returning work. Issuing capacity as an allowance of constraint-hours changes that.
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The Execution Gap
Read the piece: The Execution GapStrategy execution is usually treated as a discipline problem. The execution gap is an economics one: more approved work than the constraint can carry.
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The Project Illusion
Read the piece: The Project IllusionProject success is usually judged on time, budget and scope. Yet individual projects can look healthy while the portfolio as a whole underdelivers.
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The Frozen Portfolio: Why an Annual Plan Commits Your Constraint on the Least Information You Will Ever Have
Read the piece: The Frozen Portfolio: Why an Annual Plan Commits Your Constraint on the Least Information You Will Ever HaveAnnual portfolio planning locks in your scarcest capacity at the exact moment you know the least, then holds it fixed while the year proves you wrong.
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Full Kit: Why the Best Time to Start a Project Is When It Can Actually Run
Read the piece: Full Kit: Why the Best Time to Start a Project Is When It Can Actually RunProject initiation usually means a charter and a kickoff. Full kit asks a harder question: once the work starts, can it actually run, or will it stall?
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When Coordination Overhead Starts Slowing You Down
Read the piece: When Coordination Overhead Starts Slowing You DownProject communication management adds meetings and reports when work slips. Past a point, that overhead eats the capacity it was meant to protect.
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Why Task Acceleration Should Be an Investment Decision, Not a Panic Response
Read the piece: Why Task Acceleration Should Be an Investment Decision, Not a Panic ResponseProject crashing money is usually spent late and under pressure. Weighed against drag cost, it goes only where the time is worth more than it costs.
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The Flow Economics Maturity Model: Where Does Your Portfolio Actually Sit?
Read the piece: The Flow Economics Maturity Model: Where Does Your Portfolio Actually Sit?A project management maturity model with six levels, from activity focus to constraint value optimization, and an honest read on where your portfolio sits.
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How to Know When a Project Is No Longer Worth Finishing
Read the piece: How to Know When a Project Is No Longer Worth FinishingThe sunk cost fallacy is not the real question. DIPP asks whether finishing this project, from this point forward, still pays for the capacity it uses.
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How Value Management Offices Handle Competing Priorities
Read the piece: How Value Management Offices Handle Competing PrioritiesMatrix prioritization ranks projects by an opinion score. It cannot price what an hour of your most constrained resource is worth on each one.
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The Real Cost of Not Having a Value Management Office
Read the piece: The Real Cost of Not Having a Value Management OfficeEarned value management tracks cost and schedule against plan. It was never built to say whether the plan is still worth running.
