Ranking Portfolio Management Maturity

Abstract:

This paper is a continuation of the portfolio maturity model presented at the 2016 PM Symposium. In this paper, we will present:

• Our Implementation Scorecard, a tool designed to measure and rate the maturity of portfolio management programs against the model
• An updated maturity model
• Discussion of how we developed the scorecard
• Our experiences evaluating portfolio management processes across the at our organization

Important topics that emerged from the development of this scorecard and review of different portfolio management programs are:

• Scorecards are not easy to develop
• Programs can be evolved in one area and not in others
• Portfolio Management processes takes time to mature
• Engaging the correct stakeholders is key to getting accurate program information
• Process improvement and innovation takes a lot of communication and energy.

PMI Talent Triangle Skill: Strategic and Business Management

Speakers

• Sherri Norris

  

• Susan Hostetter