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Managing a Portfolio of Projects – A Playbook for Success

Managing a Portfolio of Projects – A Playbook for Success. Sandra MacGillivray , Coreworx Research Team 303, Managing a Portfolio of Projects – Metrics for Improvement . Don’t Get Surprised - A Playbook for Success. What is Portfolio Management?.

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Managing a Portfolio of Projects – A Playbook for Success

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  1. Managing a Portfolio of Projects – A Playbook for Success Sandra MacGillivray, Coreworx Research Team 303, Managing a Portfolio of Projects – Metrics for Improvement

  2. Don’t Get Surprised - A Playbook for Success

  3. What is Portfolio Management? A group of related or unrelated projects and/or programs managed by a single individual – the portfolio manager

  4. The Challenges

  5. The Benefits

  6. RT 303, Managing a Portfolio of Projects – Metrics for Improvement Baabak Ashuri, Georgia Tech Rob Bailey, Fluor Corporation Scott Bergoon, Hargrove Engineers + Constructors Fred Delie, Georgia-Pacific, LLC James Dyer, WorleyParsons Mohamed El-Mehalawi, Faithful+Gould Roger Haynes, ConocoPhillips Roger Holtzclaw, BP Vincent Huang, Parsons Rick Ikasalo, SABIC Gary Lanier, URS Corporation John Logan, Irving Oil, Ltd. Sandra MacGillivray, Coreworx Reza Masoumi, Northeastern University Edward Minchin, University of Florida Charlie O’Hanlon, Architect of the Capitol Marie Robinson, Jacobs Mohsen Shahandashti, Georgia Tech Shaun Tatum, Southern Company Ali Touran, Northeastern University Davy Wilson, BP Tim Wolf, Anheuser-Busch InBev

  7. Essential Question Which practices, techniques, processes, and technology are most effective for managing a portfolio of projects?

  8. Methodology

  9. Key Findings – Formation Strategies

  10. Key Findings – The Role of Portfolio Manager Common Career Path Technical – Leadership – Management – Communications

  11. Key Findings – Performance Management Key Results Areas (KRAs) • Schedule • Cost / Cash Flow • Safety and Environment • Change Management/ Scope • Resource Allocation • Procurement and Supply-Chain Management • Quality • Risk Management • Client Satisfaction

  12. Key Findings – Recommended Practices

  13. Implementation Session The Portfolio Management Playbook Learn more about the Playbook and how it can improve portfolio management: • Formation strategies • Role of the Portfolio Manager • Performance management • Recommended practices • Implementation methodology Portfolio management Playbook

  14. Implementation Session Case Study:Portfolio Management in Action • A real-life portfolio management system applied across multiple projects and portfolios • Standardizing and improving overall project and portfolio delivery • Demonstration of a portfolio data visualization toolset

  15. How Can This Research Help Me? • Considering using portfolio management? • Already using portfolio management? Analytics, Reporting Data Collection and Management Standardized Processes and Tools Standards and Guidelines

  16. Come to our Implementation Session Moderator Gary Lanier, URS Corporation Panel BaabakAshuri, Georgia Tech Rick Ikasalo, SABIC James Dyer, WorleyParsons Vincent Huang, Parsons Roger Holtzclaw, BP Grand Ballroom 3-4 11:30 a.m. 1:30 p.m.

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