PPM: Keep it Simple, Stupid!


Can a simple tool or technique create spectacular results? PPM is a simple technique that can generate excellent value. Better believe it.

Can a simple tool or technique create spectacular results? PPM is a simple technique that can generate excellent value. Better believe it.

Project Portfolio Management was supposed to be a simple technique that generated excellent results. That is where the benefit usually is – when simple things create a powerful impact!

Quite often, people in their disbelief create a monster. How can something so simple create so much value? Mamma said, “If it is too good to be true, it usually is.” So, I will not be the fool who takes a bite of this apple. Or worse, let me complicate the bejeepers out of it so I feel like the value it creates is not “too good to be true.”

That sums up the story of PPM. Either people are not implementing it or they are complicating the heck out of it. PPM has become a victim of its own strength.

One organization – who shall remain nameless to protect the innocent – wanted to get PPM right the first time. So they went fast and furious to collect all the data under god’s green earth…for a year. Could they collect all the data? Heck no! Then exhausted from this “data rush,” gave up the idea of PPM!

Another wanted to apply sophisticated financial modeling – actuarial models to be precise – to get the perfect answer. Needless to say they are also sitting in the corner exhausted from the mental aerobics. Meaningful PPM still eludes them but they are knowledgeable enough to open an insurance company!

Project Portfolio Management is a simple technique. You can get it implemented and generate spectacular results. Believe it. After all, mamma raised no fool!


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Posted on 05/22/2009 by


PPM: Keep it Simple, Stupid! author sourabhhajela

sourabhhajela

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