The PMO Mini-Masterclass on Portfolio Prioritisation – Building a Scorecard to Help Prioritise Initiatives was all about learning from another organisation’s PMO – Carnival UK – and how they are managing a Portfolio PMO. The session was held at Carnival UK in Southampton and was carried out by Jess Richardson and Tom Harvey.
The full presentation
The aim of the session was:
In portfolio management and the Portfolio PMO there is a focus on doing the right projects and programmes inline with the organisation’s strategy. When it comes to initiatives, the Portfolio PMO has a role to play in supporting an organisation’s prioritisation of them.
So how far ahead does your Portfolio PMO do this? A year out, two, three? More?
Unfortunately we all recognise that businesses don’t tend to think that far ahead about the what or how, outcomes or problems which they are trying to solve and end benefits.
Does your Portfolio PMO struggle with this? Is prioritising initiatives just a catchy heading with nothing of substance behind it?
Do you also have the problem of marrying together the financial planning process of the business who are mainly concerned with the numbers whilst your PMO are trying to focus on the delivery AND the numbers?
In this session Carnival UK share the challenges, successes, scorecards and stories.