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The difference between portfolio management and project management

Monday

This includes levels of managers and employees securing new projects and helping the business continually move forward. This is where portfolio management vs. project management comes into play. Portfolio management vs. project management: what’s the difference? Portfolio management.

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What is Lean Portfolio Management? Primary Focus | Objectives

Agilemania

LPM also known as Lean Portfolio management, refers to how senior leadership uses lean principles and systems thinking approaches to align strategy with execution. Portfolio management teams apply these principles and approaches to strategy and investment funding, Agile portfolio operations, and governance.

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Everything You Need to Know about Product Portfolio Strategy

Roman Pichler

Figure 1: The Product Portfolio and Product Strategy Using Microsoft Office as an Example In Figure 1, the strategies of the individual products—Word, PowerPoint, and Excel—implement the Office strategy. Their visions, target groups, needs, standout features , and business goals must comply with the overall portfolio strategy. [1]

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Here’s everything you should know about project portfolio management

Monday

While nobody can predict the future, that won’t stop a good project portfolio manager from trying. This article will ask and answer the most important questions around project portfolio management, ensuring you know everything you need to (and we’ll also offer some helpful tips and tools along the way).

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Why free portfolio management software just won’t cut it

Monday

The answer: project portfolio management. It allows you to track and manage your entire project portfolio (collection of projects). As with all things business, software — in this case, project portfolio management software — makes the job much simpler. What’s free portfolio management software?

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The Strategy Stack: Connecting Business, Product, and Technology Strategy

Roman Pichler

To capture the portfolio and product strategy, I prefer to work with the Portfolio Vision Board and Product Vision Board. Note that in small to mid-sized companies, the head of product might take on the portfolio manager role in addition to their people management duties.

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Should a Head of Product Make Strategic Product Decisions?

Roman Pichler

You might decide, for example, to follow my approach, use the product vision board to describe the product strategy, iteratively validate an initial strategy , review the plan at least every three months , and carry out the work collaboratively by involving the key stakeholders and dev team representatives.