Scarce resources and even scarcer resources. Your project portfolio simply cannot be effective without strategic project prioritization. But how do you prioritize projects that all seem to take priority? In this article, we present three possible prioritization methods: the ranking method, the scoring method, and the domain approach.
We don't have motivational posters hanging in our office, but we do like to be inspired and motivated by clever people. That's why we collect great quotes. To all resource managers out there: This collection is for you!
Since we think these problems, solutions and ideas can also benefit project managers and people involved in portfolio far beyond Munich and Germany, we would like to share the results here. What causes projects and plans to fail? And how can they succeed?
Bad planning of employees and their capacities can quickly turn a company upside down, and suddenly everything is on fire. The result is often a firefighting mentality, where resource management is simply used to put out the fires with no long-term solution. How does this happen, and how can you turn things around?
We are proud that we are now more than just software. And we are happy to quickly review with you what kept us busy last year.
Sometimes you stumble over a phrase that very aptly describes the day-to-day challenges of project portfolio management. The following compilation is really just a small selection of helpful quotes for those managing project portfolios. Time for some inspiration!
The term "agile" is still a buzzword, but very few companies actually use agile project management 100% of the time. Traditional project management is still around, but we are seeing more and more companies turn to hybrid project management methods. In this blog post, we explain why using 100% agile project management methods is wishful thinking and why a hybrid method is the reality.
We at Meisterplan know which questions PMOs have to answer over and over again, so we have provided preconfigured reports in Meisterplan. In this post, we will briefly summarize the top reports for PMOs to best support management, resource managers and project managers.
Traditional project portfolio management is not up to the demands of start-ups. It is too slow for quick decision-making and too complex for data management. Due to the way start-ups work, Lean PPM is now on the rise among these innovators.
Traditional project portfolio management with a Swiss Army knife of functions and a complex PPM process is usually very expensive while producing minimal results. Applying the 80/20 rule may lead you to question: if 20% of the process and functions bring 80% of the results, then why should we make everything so complicated?