Agile Portfolio Management: Not Just Another Buzzword
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Learn how to take a more agile value-based approach to portfolio management.
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Agile Portfolio Management: Not Just Another Buzzword
- 1. www.KeyedIn.com © 2019 KeyedIn Solutions. All Rights Reserved. 1 Agile Portfolio Management Not just another buzzword
- 2. www.KeyedIn.com © 2019 KeyedIn Solutions. All Rights Reserved. 2 All phone lines will be placed on mute Please enter questions into the chat box This webinar is being recorded The slides and recording will be available after the presentation One hour webinar 45 minute presentation 15 minutes Q & A Housekeeping Items
- 3. www.KeyedIn.com © 2019 KeyedIn Solutions. All Rights Reserved. 3 KeyedIn: We Get You
- 4. www.KeyedIn.com © 2019 KeyedIn Solutions. All Rights Reserved. 4 We need to be more… DOES ANY OF THIS SOUND FAMILIAR? Business value focused Agile Product minded Continuous Transparent Quick to prioritize Adaptable Valuable Dynamic SAFe Lean Strategic
- 5. www.KeyedIn.com © 2019 KeyedIn Solutions. All Rights Reserved. 5 5 Help is on the way
- 6. www.KeyedIn.com © 2019 KeyedIn Solutions. All Rights Reserved. 6 MATT MULDOON Chief Product Officer @ KeyedIn • Works with global customers to define the KeyedIn Projects roadmap • Software product leadership roles for nearly 20 years • Former VP of Product Management at Sage • From California, fell in love and moved to the UK TOM DOUGHERTY Sr. Product Owner @ The Riverstone Group • Driving the digital transformation at TRG • Former VP of Product Management at Fidelity Investments • Certified Scrum Master and Scrum Product Owner • Six Sigma Green Belt
- 7. www.KeyedIn.com © 2019 KeyedIn Solutions. All Rights Reserved. 7 3 Guiding Principles of Agile Portfolio Management
- 8. www.KeyedIn.com © 2019 KeyedIn Solutions. All Rights Reserved. 8 Managing and Delivering Products Instead of Projects Agile Portfolio ManagementPrinciple #1
- 9. www.KeyedIn.com © 2019 KeyedIn Solutions. All Rights Reserved. 9 Changing the Model 9 Delivering Projects Delivering Products Start and end date Manage as a lifecycle Resources disband after the project ends Doesn’t end when the project ends Reactive and doesn’t consider long term impact of change Proactive ability to embrace change Deliver outcomes Drive change
- 10. www.KeyedIn.com © 2019 KeyedIn Solutions. All Rights Reserved. 10 Centralize Project & Portfolio Management, Regardless of Methodology Agile Portfolio ManagementPrinciple #2
- 11. www.KeyedIn.com © 2019 KeyedIn Solutions. All Rights Reserved. 11 • Don’t get locked into bottom-up, task level management • Measure progress AND value • Combination of innovative & maintenance projects, process & tools • Macro level view without changing day-to-day operations Maintain Portfolio View
- 12. www.KeyedIn.com © 2019 KeyedIn Solutions. All Rights Reserved. 12 Practice Concepts of Continuous Improvement Agile Portfolio ManagementPrinciple #3
- 13. www.KeyedIn.com © 2019 KeyedIn Solutions. All Rights Reserved. 13 • Gain efficiency wherever possible • Can’t change what you can’t measure • Starts at intake Iteration & Change
- 14. www.KeyedIn.com © 2019 KeyedIn Solutions. All Rights Reserved. 14 3 Key PrinciplesAgile Portfolio Management Managing and Delivering Products Instead of Projects Centralize Project & Portfolio Management, Regardless of Methodology Practice Concepts of Continuous Improvement
- 15. www.KeyedIn.com © 2019 KeyedIn Solutions. All Rights Reserved. 15 Specializing in Project/Portfolio and Resource Management PPM / PSA Founded by George & Lauri Klaus (Epicor CEO & SVP) FOUNDED 2011 Acquired Atlantic Global now (KeyedIn Projects) ACQUIRED SAAS SOLUTIONS - 2012 2 3 1 Work Smarter. Not Harder. KeyedIn simplifies and automates the work of PS and PMO teams, so they can be more efficient and deliver better results.
- 16. www.KeyedIn.com © 2019 KeyedIn Solutions. All Rights Reserved. 16 Join Us Next Time! August 21st, 11:00amCT • Agile Portfolio Management - The Secret Sauce for Sustainable Business Growth • PMI presented by portfolio management expert Andy Jordan Register Here
- 17. www.KeyedIn.com © 2019 KeyedIn Solutions. All Rights Reserved. 17 QUESTIONS? Contact KeyedIn E-mail – info@keyedin.com Phone – 877.932.4402 https://www.keyedin.com/contact-us
- 18. www.KeyedIn.com © 2019 KeyedIn Solutions. All Rights Reserved. 18 THANK YOU
Notas do Editor
- Welcome to our session… Shawn Dickerson, head of marketing … none of you care what I have to say. Though we won’t be doing a product pitch, stop by our booth to see how the KeyedIn software can help you realize the principles we discuss today. 3 ways to remember us: KeyedIn, booth #208, or the folks with those laptop stickers that say things like:
- These are all concepts associated with the idea of Agile Portfolio Management, but sorting through the buzzwords and knowing where to get started is overwhelming to say the least. Fear not…
- Handsome former NFL QB Tim Tebow, dressed as a fireman, carrying two adorable puppies. Pander to just about every segment of the audience with that image… That help is in the form of…
- Who you are, what you do and your most epic sports moment?
- Summarize the concept of APM: Taking the principles that have improved project execution – being iterative, adapting and adjusting based on business need, prioritizing a dynamic backlog, etc. – and applying them to the top-down assessment of portfolio investments.
- Tom: Can you help us understand the difference between managing products vs. projects and the changes at Riverstone that are driving that shift? Tom: For teams and leaders that are used to looking at the world through the lens of time-bound projects, what’s the best way to start this transition? Any anecdotes of teams that were reluctant but later bought into your vision? Matt: How does this shift to managing products make a company more agile at the portfolio level? Can you contrast the impact of each approach (projects vs. products) on top-down portfolio management? Matt: How can technology help – or hinder – this transition?
- Matt: Why is it so difficult to bring all of a company’s projects together in one place or one process? Tom: Can you talk about some of the different project types and workflows you have to account for at Riverstone? Why is it so vital to provide transparency across all of it, and what steps has Riverstone taken to provide that? [In answering this question, we wouldn’t want the answer to be specific to KeyedIn, but you could discuss some of the essential technology requirements you looked for in choosing a solution.] Matt: What do you see at other companies you’ve worked with? What kind of workarounds are PMOs and product owners using today? Matt: What is it about a portfolio that can accommodate agile, waterfall, hybrid, etc. that makes a team more responsive to the business?
- Crossing methodologies allows you to get that broad visibility without creating unnecessary roadblocks for teams trying to execute.
- Matt: You spent many years in the manufacturing industry. How is the concept of continuous improvement applied there, and how are we seeing it appear in the world of PPM? Tom: Do you have any practical examples of applying principles of continuous improvement at Riverstone? Tom: What’s your end goal in optimizing that workflow process? Where do you see the Riverstone product organization in a 18 months?
- Matt: Any parting thoughts as we recap our 3 keys to APM? Tom: You’re a KeyedIn customer, obviously, because it’s our session. We actually tried to bring in a Clarity customer first, but we couldn’t find any who were happy. As we conclude, can you offer some thoughts on how KeyedIn is helping to make APM a reality at Riverstone?