These Companies Rely on the Lean PPM™ Framework
Achieve Success Together with the Lean PPM Framework
The success of your company is not measured by the success of individual people or departments. To move forward confidently as an organization, you need reliable data, a simple decision-making process and alignment across departments.
Our lean PPMLean PPMSynonym for → Lean Project Portfolio ManagementLean Project Portfolio Management (Lean PPM) is a lightweight framework for managing an organization’s project portfolio. It helps determine which projects to run, when to run them, and with which… framework makes this possible.
Just Enough PPM
Lean PPMLean PPMSynonym for → Lean Project Portfolio ManagementLean Project Portfolio Management (Lean PPM) is a lightweight framework for managing an organization’s project portfolio. It helps determine which projects to run, when to run them, and with which…™ includes all activities, meetings and roles you need for project portfolio managementProject Portfolio ManagementProject portfolio management (PPM) is a process that seeks to select, prioritize, monitor and analyze a company’s projects. — without all the things you don’t. Make portfolio decisions quickly with this streamlined framework.
Lean PPM Is Easier than You Think
Chances are you already have most of the roles, meetings and activities you need in your organization. With Lean PPMLean PPMSynonym for → Lean Project Portfolio ManagementLean Project Portfolio Management (Lean PPM) is a lightweight framework for managing an organization’s project portfolio. It helps determine which projects to run, when to run them, and with which…™ discover what your team may be missing, or what you may not need after all.
Check out the four basic Lean PPMPPMSynonym for → Project Portfolio ManagementProject portfolio management (PPM) is a process that seeks to select, prioritize, monitor and analyze a company’s projects.™ activities to learn more.
No Time to Read?
Download the most important templates for the Lean PPM framework.
Strategize
Translating Your Business Strategy
Senior Management determines the business strategy for the organization, and a successful projectProjectA project is a time-limited undertaking with defined objectives and resources that delivers unique results and often includes complex tasks. portfolio should be aligned to that strategy. In this step of the Lean PPMLean PPMSynonym for → Lean Project Portfolio ManagementLean Project Portfolio Management (Lean PPM) is a lightweight framework for managing an organization’s project portfolio. It helps determine which projects to run, when to run them, and with which…™ framework, that strategy is translated into criteria that projects are evaluated by to determine their priority.
All projects, even projects already in progress should be evaluated and prioritized based on the decided criteria.
Collect
Collecting Project Proposals
In the Collect step of the Lean PPMLean PPMSynonym for → Lean Project Portfolio ManagementLean Project Portfolio Management (Lean PPM) is a lightweight framework for managing an organization’s project portfolio. It helps determine which projects to run, when to run them, and with which…™ framework, new projectsProjectA project is a time-limited undertaking with defined objectives and resources that delivers unique results and often includes complex tasks. are proposed and project initiatives are developed. Project proposals are created for each initiative including a description, and estimates of the benefit and effort required.
The Collect step also includes proposal coaching where the portfolio coordinator and the project initiator talk through the idea, improve the initiative and determine if the project should move to the next step of the process. If your organization has different committees who review and decide on different types of projects, the portfolio coordinator will also steer the initiative to the right committee.
Decide
Deciding Which Projects Will Be Implemented, and When
The Decide step of the Lean PPMLean PPMSynonym for → Lean Project Portfolio ManagementLean Project Portfolio Management (Lean PPM) is a lightweight framework for managing an organization’s project portfolio. It helps determine which projects to run, when to run them, and with which…™ framework begins with a pipeline review where new projectProjectA project is a time-limited undertaking with defined objectives and resources that delivers unique results and often includes complex tasks. initiatives are checked for quality and receive a ranking. Next, the Strategize, Collect, and Execute steps of the PPMPPMSynonym for → Project Portfolio ManagementProject portfolio management (PPM) is a process that seeks to select, prioritize, monitor and analyze a company’s projects. system come together in the portfolio board meeting. This is the highest-level decision-making committee for PPM. The portfolio board monitors overall progress in the portfolio, resolves conflicts, confirms the composition of the portfolio, and decides on future resourceResourceResources are all the people, places and things that you need to complete projects. The most important resource? Employees, of course! deployment. Finally, the decisions of the portfolio board meeting are communicated out to the rest of the company.
Execute
Managing Approved Projects
The Execute step in the Lean PPMLean PPMSynonym for → Lean Project Portfolio ManagementLean Project Portfolio Management (Lean PPM) is a lightweight framework for managing an organization’s project portfolio. It helps determine which projects to run, when to run them, and with which…™ framework is where project managementProject ManagementProject management is the planning, steering, and monitoring of projects to achieve specific objectives within a given timeframe and budget. happens. Your teams may use different project management tools and methods, but Lean PPM™ works independent of the chosen tools and methods. The key to successful execution of projectsProjectA project is a time-limited undertaking with defined objectives and resources that delivers unique results and often includes complex tasks. is transparency across teams about project progress and requirements.
Any project management conflicts that cannot be resolved are escalated to the execution steering committee. Only issues that cannot be answered within this process are escalated to the portfolio board meeting.
Meisterplan Is Your Software for Lean PPM
Get all the features you need for effective project portfolio management.
Strategize
- Customize your projectProjectA project is a time-limited undertaking with defined objectives and resources that delivers unique results and often includes complex tasks. evaluation criteria
- Easily rate each project based on that criteria
- Automatically calculate a project priority score based on your project evaluation criteria
- Sort your project list by priority
- Drag and drop projects to reorder their prioritization
Collect
- Supports your project intake process from idea to active project with the Board view
- Create portfolios or sub-portfolios specifically for new project initiatives
- Mark projects with the current stage gate
- Use what-if planning to see how new initiatives would affect your portfolio
Decide
- Clear and simple visuals that make your portfolio easy to understand
- The ability to focus on the strategic value of projects using the Board view to make informed decisions
- Scenario planning to effectively adapt plans
- Real-time updates to the portfolio for transparency
- Instant resourceResourceResources are all the people, places and things that you need to complete projects. The most important resource? Employees, of course! allocationAllocationAllocating describes the strategic process of identifying the correct resources for projects or individual tasks and assigning them accordingly. to measure the impact on the portfolio
Execute
- Resource staffing on the role or individual level
- Financial tracking to keep projects on budget
- Clearly identifiable over allocation of resources
- Project milestonesMilestoneIn project portfolio management, a milestone marks an important point in a project’s progress that requires monitoring or decision-making. Milestones indicate project phases, marking the completion of objectives or the… and dependencies
What Daniel loves about Meisterplan
Thanks to the Lean PPM approach with its corresponding reporting, we are now able to efficiently manage even complex and interdisciplinary projects. The standardized database enables us to conduct more targeted reviews of completed projects and will lead to better and more sustainable project results.
Be Successful with Lean PPM
Download the most important templates for the Lean PPM framework.