The Simply Projects® Programme and Portfolio Method
Corporate Change is a fact of life for any organisation in today’s continually evolving environment; whether the organisation is service or product oriented; in the commercial or public sector. The way in which an organisation copes with and leverages change is a key measure of its effectiveness.
WPM has developed a Programme and Portfolio Method that draws from
the UK Government best practice methodology, Managing Successful
Programmes (MSP), making the topics easy to understand and adds some
original thinking. The Simply Projects® Programme and Portfolio Method
lays out for senior managers an approach to the selection and management
of groups of projects; the projects that ultimately must deliver.
Managing Corporate Change
Successful management of projects is now taken as a “given” for most organisations and many have adopted a structured approach that ensures individual projects are implemented in a controlled manner. Not that many organisations have so far addressed the problems of the higher levels of change management, such as deciding which projects should be started, and when. This means that they may be spending their resources on projects that are not offering the best return on investment.
Without a coherent approach to managing this layer of change, projects that do not align with the corporate strategy may be started, gaps and overlaps can occur between projects and the higher-level perspective of risks and opportunities may be missed. This lack of consistency leads to problems of assessing the worth and status of a range of diverse projects, something that a portfolio approach to managing change can address. Perhaps most crucially, the business benefits made possible by the outcomes of projects can fail to be realised.
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