The New Dynamic of Portfolio Management
Direct Price: $34.95
Innovative Methods and Tools for Rapid Results
Murali Kulathumani, MBA, CSM
Softcover, 7×10, 336 page
ISBN: 978-1-60427-177-5
eISBN: 978-1-60427-827-9
April 2021
Description
This bold new text approaches project portfolio management from a fresh new lens of delivering immediate value. In today’s hyper-paced business climate, the need for portfolio management has grown exponentially but the time to deliver results has dramatically shortened. This book recognizes that and explains how an impactful portfolio is attainable using a back-to-basics approach. It also walks readers through the actual implementation of each portfolio component using a popular platform called Smartsheet. Whether you already have a project portfolio, or are starting to build a portfolio from scratch, this breakthrough book will show you how to obtain a high-performing project portfolio without investing in expensive tools.
The New Dynamic of Portfolio Management recognizes the need of a huge number of organizations for a simple, yet advanced portfolio that can be scaled based on your starting point. Every section of this practical desk reference provides guidance for getting your portfolio up and running quickly to achieve immediate results. It also presents a detailed look at successful portfolio governance; explores the important relationship between the portfolio office, CIO, and finance department; and supplies effective funding strategies for project portfolios.
Key Features
- Sequentially covers the essential capabilities of an effective portfolio and provides a logical construct of how the different capability areas interact
- Provides a complete understanding of all the building blocks of a portfolio, the critical success factors needed to achieve desired results, and the nuances involved in implementing them
- Explains how to effectively monitor and manage the performance of a portfolio, including balancing a portfolio, benefits realization, and annual planning
- Addresses problems portfolio managers often face when trying to roll out capability enhancements in their organizations
- Describes maturity levels in each of the important areas of portfolio management and demonstrates how to benchmark your organization’s level of attainment to continuously graduate to the next capability level and achieve world-class performance
- Examines the characteristics of an ideal portfolio manager, strategies for staffing the portfolio office, putting the ideal reporting structure in place in the organizational hierarchy, and the role played by the business in enabling successful portfolio management
About the author(s)
Murali Kulathumani, PMP, has over 22 years of IT management experience. He has successfully managed large project portfolios at leading Silicon Valley firms such as Facebook, Cisco, Symantec, and Kaiser Permanente. Murali has extensive knowledge of the full spectrum of portfolio capabilities and pioneered a simplified form of earned value management, called mEVM, which has been well received by industry practitioners and several organizations. In fact, it has become the standard at a billion-dollar business unit of a leading health care provider in the United States.
Mr. Kulathumani has a technical degree in Electrical Engineering from Bangalore University and an MBA from Purdue University. Murali earned the Project Management Professional (PMP)® designation from the Project Management Institute and is a Certified Scrum Master. He is the author of Breakthrough Project Portfolio Management (J. Ross Publishing, 2017) and is a consultant, trainer, and professional speaker. Murali has also taught courses as an adjunct professor at Purdue University.
Table of Contents
Section I – The Foundational Basics
Chapter 1 – The New Project Portfolio Landscape
Chapter 2 – A Simple Guide to Project Management Basics
Chapter 3 – A Simple Guide to Smartsheet Basics
Section II – The Basic Portfolio
Chapter 4 – Portfolio Intake and Assessment
Chapter 5 – Implementing Portfolio Intake Using Smartsheet
Chapter 6 – Portfolio Reporting and Performance Monitoring
Chapter 7 – Portfolio Reporting Using Smartsheet
Chapter 8 – Portfolio Resource Management and Implementation with Smartsheet
Chapter 9 – Introduction to Portfolio Annual Planning
Chapter 10 – Implementing Portfolio Annual Planning Using Smartsheet
Section III – The Advanced Portfolio
Chapter 11 – Budget Management in the Advanced Portfolio
Chapter 12 – Performance Monitoring in the Advanced Portfolio
Chapter 13 – Rebalancing the Advanced Portfolio
Chapter 14 – Benefits Realization in the Advanced Portfolio
Chapter 15 – Strategic Planning in the Advanced Portfolio
Section IV – The Support Systems that Decide Success
Chapter 16 – The Politics of Portfolio Management
Chapter 17 – Introduction to the Portfolio Office
Chapter 18 – Introduction to Portfolio Governance
Chapter 19 – How the Portfolio Office Interacts with the CIO
Chapter 20 – How the Portfolio Office Interacts Finance
Chapter 21 – Portfolio Rollout and Change Management
Chapter 22 – Real-life Portfolio Problems and Solutions
Index
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