Introduction to Portfolio Management - with Murali Kulathumani

What is Portfolio Management? Why is it important and what are some of the core techniques? I put these questions - and more - to Portfolio Management expert, Mural Kulathumani. Murali Kulathumani 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, and his own Portfolio Maturity Model. Murali is a consultant, trainer, and professional speaker, and the author of Breakthrough Project Portfolio Management and The New Dynamics of Portfolio Management. That’s why I wanted to speak with him about Portfolio Management. We cover: • What is portfolio management? • Why is portfolio management important? • What are the basic processes we use in portfolio management? • How does portfolio management link to project management? • What are the career opportunities that portfolio management offers to project managers? 🕸 Murali Kulathumani on LinkedIn:   / murali-kulathumani-4baa926   Murali's Books 📕 The New Dynamic of Portfolio Management: Innovative Methods and Tools for Rapid Results (2021) https://geni.us/0ihiwPq 📗 Breakthrough Project Portfolio Management: Achieving the Next Level of Capability and Optimization (2017) https://geni.us/U70O Recommended Videos Carefully curated video recommendations for you: 🎬 What is Project Portfolio Management?    • What is Project Portfolio Management? PM i...   🎬 What is Program Management?    • What is Program Management?   🎬 Are You on Track with Your Project Management Career?    • Are You on Track with Your Project Managem...   A while back, I asked Project Managers in a couple of forums what material things you need to have, to do your job as a Project Manager. They responded magnificently. I compiled their answers into a Kit list. https://kit.co/MikeClayton/what-a-pro... Note that the links are affiliated. For more great Project Management videos, please subscribe to this channel:    / @onlinepmcourses   For all our great Project Management articles and resources, please check out the OnlinePMCourses website: https://onlinepmcourses.com/ For basic Management Courses - free training hosted on YouTube, with 2 new management lessons a week, check out our sister channel, Management Courses:    / managementcourses   For more of our Project Management videos in themed collections, join our Free Academy of Project Management: https://onlinepmcourses.com/free-acad... 00:00 - Murali Kulathumani 01:00 - An Introduction to Portfolio Management 01:36 - What is Portfolio Management? 02:33 - Distinguish between Project Management, Program Management, and Portfolio Management 04:11 - Portfolios and Strategy 05:00 - Why is Portfolio Management important? 05:36 - The Third Wave of Project Management 07:08 - Democratization of projects 07:46 - Cohort Management 10:05 - We’re all managing portfolios 11:39 - Portfolio Management and Multi-project Management 12:56 - The Project-Program-Portfolio hierarchy… a new view 14:33 - How do we deliver Portfolio Management? 15:05 - Portfolio Intake 16:44 - Transformational and Tactical Portfolios 18:23 - The benefits of project intake 20:09 - Prioritizing projects for your portfolio 22:00 - Annual Planning and the link between the portfolio and the operational strategy 24:06 - Portfolio Management illustrated 25:19 - Charting Portfolio Management capabilities 28:51 - Capability implies capacity 29:59 - Murali’s Portfolio Maturity Model 31:38 - How to transition into a Portfolio Management role 37:00 - How to start operating at a strategic level 39:54 - Who is each of Murali’s books aimed at? 40:22 - Breakthrough Project Portfolio Management 42:05 - The New Dynamic of Portfolio Management 45:24 - Contacting Murali Kulathumani 46:51 - Close #Project #ProjectManagement #PortfolioManagement