Comments on: Portfolio Management – Why the Long Wait? http://pm-lotus.com/Wordpress/2009/12/13/portfolio-management-%e2%80%93-why-the-long-wait/ Useful tools, tips and techniques for doing project management stuff – and opinions on all things project Thu, 29 Mar 2012 19:24:02 +0000 hourly 1 http://wordpress.org/?v=3.2 By: Jim P. http://pm-lotus.com/Wordpress/2009/12/13/portfolio-management-%e2%80%93-why-the-long-wait/comment-page-1/#comment-601 Jim P. Wed, 25 May 2011 09:19:30 +0000 http://pm-lotus.com/Wordpress/?p=865#comment-601 "CRM took well over a decade to become a clear standard. Integrated HR took a similarly long time." This is so true. Maybe in five more years or so we'd all see PPM adopted. “CRM took well over a decade to become a clear standard. Integrated HR took a similarly long time.”

This is so true. Maybe in five more years or so we’d all see PPM adopted.

]]> By: pm-lotus | The Goals of Portfolio Management http://pm-lotus.com/Wordpress/2009/12/13/portfolio-management-%e2%80%93-why-the-long-wait/comment-page-1/#comment-67 pm-lotus | The Goals of Portfolio Management Fri, 28 May 2010 06:43:46 +0000 http://pm-lotus.com/Wordpress/?p=865#comment-67 [...] portfolio management is gaining traction inside organizations as business imperatives, competitive pressures and the availability of better [...] [...] portfolio management is gaining traction inside organizations as business imperatives, competitive pressures and the availability of better [...]

]]> By: Gregor Petri - LeanITmanager http://pm-lotus.com/Wordpress/2009/12/13/portfolio-management-%e2%80%93-why-the-long-wait/comment-page-1/#comment-16 Gregor Petri - LeanITmanager Wed, 23 Dec 2009 20:19:49 +0000 http://pm-lotus.com/Wordpress/?p=865#comment-16 Howard, I think you hit the nail on the head with your 4 reasons, but believe there is a fifth one that is equally important. It is internal marketing (or lack there off) of the successes achieved/achievable with PPM. Most organisations are very poor at this. Gartner just wrote about this in an item called “PPM Offers C-suite Smell of Success” and we are planning sessions on how to do this at our upcoming conference. Meanwhile have a look at how this Demand Guy is doing it http://bit.ly/GP091222 Howard, I think you hit the nail on the head with your 4 reasons, but believe there is a fifth one that is equally important.
It is internal marketing (or lack there off) of the successes achieved/achievable with PPM. Most organisations are very poor at this. Gartner just wrote about this in an item called “PPM Offers C-suite Smell of Success” and we are planning sessions on how to do this at our upcoming conference.
Meanwhile have a look at how this Demand Guy is doing it http://bit.ly/GP091222

]]> By: Howard Vaughan http://pm-lotus.com/Wordpress/2009/12/13/portfolio-management-%e2%80%93-why-the-long-wait/comment-page-1/#comment-15 Howard Vaughan Mon, 21 Dec 2009 03:18:59 +0000 http://pm-lotus.com/Wordpress/?p=865#comment-15 True enough Damian. Organizational inertia is a powerful force and gaining momentum understandably takes time. In addition things often don't get done until the inconvenient truth can no longer be denied. Its perhaps the combination of 21st century organization, industry and market dynamics that are creating a 'perfect storm' within the project environment of such magnitude that the need to implement PPM has at last become irresistible. True enough Damian. Organizational inertia is a powerful force and gaining momentum understandably takes time. In addition things often don’t get done until the inconvenient truth can no longer be denied. Its perhaps the combination of 21st century organization, industry and market dynamics that are creating a ‘perfect storm’ within the project environment of such magnitude that the need to implement PPM has at last become irresistible.

]]> By: Demian Entrekin http://pm-lotus.com/Wordpress/2009/12/13/portfolio-management-%e2%80%93-why-the-long-wait/comment-page-1/#comment-13 Demian Entrekin Fri, 18 Dec 2009 20:51:58 +0000 http://pm-lotus.com/Wordpress/?p=865#comment-13 There are many reasons that PPM has taken a while to become more fully adopted by organizations that rely on project performance. I think we can look to previous trends for lessons as to why. CRM took well over a decade to become a clear standard. Integrated HR took a similarly long time. Quite simply, the effort required to integrated non-integrated systems and processes takes time and discipline. It's the classic bell-shaped adoption curve and we appear to be moving well into the early majority phase now. There are many reasons that PPM has taken a while to become more fully adopted by organizations that rely on project performance. I think we can look to previous trends for lessons as to why. CRM took well over a decade to become a clear standard. Integrated HR took a similarly long time. Quite simply, the effort required to integrated non-integrated systems and processes takes time and discipline. It’s the classic bell-shaped adoption curve and we appear to be moving well into the early majority phase now.

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