Navigating Organizational Agility: Lean Portfolio Management vs. Traditional PMO
Patrick Campbell
In today's fast-paced business landscape, organizations are increasingly recognizing the need for agile approaches to portfolio management. This session will delve into the contrasting paradigms of Lean Portfolio Management (LPM) and traditional Project Management Offices (PMOs). Participants will gain an understanding of the principles, practices, and strategic implications of each approach.
We'll explore how LPM fosters adaptability, responsiveness, and value delivery through its focus on lean principles, decentralized decision-making, and iterative delivery cycles. Contrasted with the more rigid structures of traditional PMOs, LPM offers a dynamic framework for aligning strategy with execution in a rapidly changing environment. Whether you're a seasoned portfolio manager or exploring new avenues for organizational transformation, this talk promises valuable insights into the evolving landscape of portfolio management methodologies.
Learning Objectives
* Explore the fundamental principles behind Lean Portfolio Management, including its emphasis on value stream optimization, continuous improvement, and decentralized decision-making.
* Learn about the key practices and tools used in Lean Portfolio Management
* Identify the core differences between Lean Portfolio Management and traditional PMO structures, methodologies, and mindsets.
* Analyze the strengths and weaknesses of both approaches in terms of adaptability, scalability, responsiveness to change, and overall organizational agility.
PDU: 1, Ways of Working
Course Identification Code: C018240815S16