Lean & Agile Portfolio Management

Traditional portfolio management does not work. Or - let’s say - at least „any more“. I believe the traditional approach, i.e. to plan a multiyear roadmap of projects, initiatives or actions then apply for budget, get the approval and then to commit to the roadmap then to implement the portfolio has serious issues in today’s fast paced environment. In this presentation I will explain my problems with the traditional approach and offer an alternative: Lean and agile portfolio management. For that we taken proven concept from agile software development and apply them to IT program and portfolio management. I have successfully implemented this approach which allows a portfolio manager to more agile his/her portfolio of IT projects. Moreover, effort for overhead activities is reduced and the process to select potential project ideas becomes leaner. At the end of the presentation I will also discuss challenges to implement this approach and ideas on how to move ahead.