Project Management：Portfolio Management

Customer power
Substitutes
Michael Porter’s ‘5 Forces’ – 1980’s
business model template
INFRASTRUCTURE CORE CAPABILITIES
PARTNER NETWORK
OFFER VALUE PROPOSITION
CUSTOMER RELATIONSHIP
CUSTOMER TARGET CUSTOMER
VALUE CONFIGURATION
DISTRIBUTION CHANNEL
COST STRUCTURE
FINANCE
REVENUE STREAMS
Osterwalder’s Business Model framework 2006 http://business-model-design.blogspot.com
Balanced Scorecard
Financial
Process efficiency
Scorecard
Customer satisfaction
Learning and innovation
Kaplan & Norton (1994?) HBR
Strategy Map
Kaplan & Norton (1998?) HBR http://www.visual-literacy.org/periodic_table/pix/strategy-bsc-map.png
Strategy 3
Strategy 4
Money
Customers Efficiency and Effectiveness
Adaptability
5 Forces analysis
Threat of New Entrants
Supplier power
Intensity of competition
Strategic Planning Identifying IT Projects Project Proposals Project Selection Methods Applying a Selection Model Project Selection Project Success
Strategic Planning Identifying IT Projects Project Proposals Project Selection Methods Applying a Selection Model Project Selection Project Success
Organisation Mission
Strategy 1 Strategy 2
Strategy 3
Strategy 4
Money
Customers Efficiency and Effectiveness
Adaptability
• Strategic Management Overview
– Involves determining long-term objectives, predicting future trends, and projecting the need for new products and services – Provides the theme and focus of the future direction for the firm
Back to the programme…
Strategic Planning
Strategic Planning
1. What is strategy? 2. How do projects relate to strategy?
Organisation Mission
Strategy 1 Strategy 2
But first
Assignment 1
Assignment 1
“Write a project plan”
Assignment 1
“Write a project plan” Topic: Week 3
http://www.teachers.ash.org.au/researchskills/Dalton.htm
SWOT Analysis
SWOT = SITUATIONAL ANALYSIS
Where are we now?
S
W
O
T
Positive
Project Management
Portfolio Management
Project selection and portfolio management
Project selection and portfolio management
Project selection and portfolio management
• respond to change • allocating scarce resources
– Requires strong links among mission, goals, objectives, strategy, and implementation
•
Review Mission
Set (SMART) Goals
Develop Strategies Align Strategies to goals Implement Strategies through projects
Review Mission
Set (SMART) Goals
Develop Strategies Align Strategies to goals Implement Strategies through projects
What are the inputs that causeBaidu Nhomakorabeathe project process to begin?
Unit Objectives
Implement IT project planning and selection techniques Appreciate the importance of project portfolio management