Implementing SAFe Lean Portfolio Management for Executives 9,938 views Feb 26, 2020 95 Dislike Share Save LitheSpeed 1.07K subscribers Connect your portfolio to enterprise strategy, establish. If needed, entire teams can be allocated to different ARTs. 2023Gartner, Inc. and/or its affiliates. Therefore, Enterprise Architects may recommend technology standards and stacks for value stream level interoperability, APIs, hosting, and design methods for developing and testing cyber-physical systems. Energy flows where intention goes. Set (and recalibrate every quarter) the outcome-based objectives and strategic themes, Turnnew ideas into investmentcandidates tied to the strategic mission, Set clear priorities on the initiatives to (1) drive detailed planning for the next quarter, and (2) balance the roadmap against known capacity constraints, Go see the incremental value delivered in the team demos and validate the value hypotheses, Once a quarter, confirm that the work aligns with the strategic intent, Once a quarter, confirm that the budget allocations funding the team-of-teams (and empowering their decentralized decision-making) is best supporting the mission, Once a quarter, look to improve the way that the portfolio leadership team operates, makes decisions,achieves continuous value flow, Once a month, compare the spending trends on the initiatives to the targets and guardrails to close the loop on agile budgeting, Once a month, share the updated initiative roadmap with all stakeholders, Once a week, approve funding for new investment opportunities based on their business case (or recalibrate past funding decisions based on new feedback). 4.3 (7 reviews) Term. 8 a.m. 5 p.m. GMT Lean portfolio management depends on the ability to see all your projects in one place. Each portfolio establishes the minimum metrics needed to measure portfolio performance to ensure: Measure and Grow is how portfolios evaluate their progress toward business agility and determine their next improvement steps. You will need to understand how Strategy and Investment funding is established, how to apply Agile Portfolio operations and Lean governance, and how to build a plan for implementing the Lean Portfolio Management function Terms in this set (52) LPM plays a leadership role in operational excellence, helping the organization achieve its business goals. Lean portfolio management does this by using the five principles of lean. a. Ensuring the entire portfolio is aligned and funded to meet business targets. But where should a portfolios leaders begin? The Lean governance collaboration and responsibilities (Figure 6) require the active engagement of the VMO, LACE, Business Owners, and Enterprise Architects. 6 Best Practices for Lean Portfolio Management - Blog | Planview Gartner Terms of Use To continue with this analogy, hereare some tipsfora lean home renovation: Lean Portfolio Management brings time-tested lean principles to the teams and leaders that are best positioned to drive organizational change. The focus areas of the LPM function include strategy and investment planning, lean governance and agile operations. Still, they need additional structure to coordinate agile teams and optimize their use. Get started with ProjectManager today for free. When organizations set objective-based goals, captured as desired business outcomes, the incremental outputs can be evaluated against the desired business outcomes.
St Michael School Worthington Calendar,
Dublin County Jail Inmate Search,
Operation Frequent Wind Awards,
Ear To Nose Chains Cultural Appropriation,
Articles W
