Lean PPM describes a lean PPM process that is solely about PPM and nothing else. This gives you the clarity and overview to make strategic portfolio decisions based on clearly defined criteria.
Lean PPM distinguishes four areas: Strategize , Collect , Decide , Execute . We will give you a brief overview here without going into all the details ( more information here ).
Lean PPM System
In the Strategize area , the criteria are defined according to which projects will later be evaluated and ranked. These criteria should follow your company strategy. Examples would be the return on investment or the strategic importance of the customer. The ability to rank all projects based on clear criteria is at the heart of the method.
Collect describes the phase in which project ideas are collected and prepared. It is important that the process kuwait telegram data is geared from the very beginning to gathering all relevant information and preparing it for the decision-makers. In the Decide area , the potential projects are presented to the decision-makers in the portfolio board meeting. At this point, all projects have already been given a preliminary assessment, the origin of which is clearly understandable and questionable. Now the project ideas are finally assessed and ranked - and resources are allocated to the accepted projects according to their priority. Execute is the area in which your portfolio plan meets reality.
This is also where the interface to project management is found, which means that the status of ongoing projects flows back into PPM. So-called steering committees are placed between project management and PPM, which filter information and decide what is really relevant for PPM. Resource conflicts and other problems can be discussed and resolved in these steering committees. Only when problems arise that cannot be resolved at this level and have a real impact on the portfolio are they escalated.