{"id":23465,"date":"2020-06-29T11:08:23","date_gmt":"2020-06-29T16:08:23","guid":{"rendered":"https:\/\/planview1s.wpengine.com\/?post_type=solution&p=23465"},"modified":"2024-05-21T16:29:19","modified_gmt":"2024-05-21T21:29:19","slug":"lean-portfolio-management","status":"publish","type":"solution","link":"https:\/\/www.planview.com\/products-solutions\/solutions\/enterprise-agile-planning\/lean-portfolio-management\/","title":{"rendered":"Lean Portfolio Management"},"content":{"rendered":"
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Lean Portfolio Management<\/h1>\n

Plan, fund, and deliver the value that matters most<\/h2>\n

Planview\u2019s Lean Portfolio Management solution enables your organization to achieve enterprise agility by planning, funding, and delivering products and solutions faster, improving business outcomes, and supporting strategic objectives.<\/p>\n Watch DemoAchieve enterprise agility. See how.<\/span><\/a>\n <\/div>\n <\/div>\n <\/div>\n <\/span>\n<\/section>\n \n<\/section>\n\n

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Drive Enterprise Agility with Lean Portfolio Management<\/h2>\n

By connecting strategic portfolio management with Agile delivery, Planview\u2019s Lean Portfolio Management solution enables companies to deliver products and solutions faster, improve business outcomes, and support corporate strategic objectives.<\/p>\n

Why Lean Portfolio Management?<\/h3>\n

Traditional approaches to portfolio management simply can\u2019t keep pace with today\u2019s rate of change and market disruption. Applying a Lean-Agile approach to portfolio management empowers organizations to work more effectively \u2013 reducing wasted time and effort while continuously prioritizing customer needs.<\/p>\n <\/div>\n

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    Traditional Approach<\/header>\n
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    • <\/span>Resources are told what to work on<\/li>\n
    • <\/span>People are moved from project to project and work on many projects at the same time<\/li>\n
    • <\/span>Detailed, requirement-laden project plans are created before work begins<\/li>\n
    • <\/span>Plans are project-driven and typically follow inflexible annual plans that are difficult to change<\/li>\n
    • <\/span>Work is very detailed before it is ever started<\/li>\n
    • <\/span>Project-based budgeting and funding is tightly controlled by finance<\/li>\n
    • <\/span>Adherence to waterfall, milestone or stage gate project-driven work<\/li>\n <\/ul>\n <\/li>\n
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      Lean-Agile Approach<\/header>\n
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      • <\/span>Teams contribute to decision making<\/li>\n
      • <\/span>Work is flowed to the team and value is delivered incrementally<\/li>\n
      • <\/span>Lean business cases are utilized to prioritize and fund the work that matters most<\/li>\n
      • <\/span>Plans are value-driven and are adaptive to produce maximum customer value<\/li>\n
      • <\/span>Work is incrementally delivered and customer feedback is gathered to define what is worked on next<\/li>\n
      • <\/span>Value-stream funding, with value delivery determined by the value stream leaders and team members<\/li>\n
      • <\/span>Adherence and focus on outcome-driven value delivery<\/li>\n <\/ul>\n <\/li>\n <\/ul>\n
        Comparing Traditional Portfolio Management and Lean Portfolio Management<\/div>\n<\/div> \n<\/section>\n\n
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        Requirements for a Lean Portfolio Management solution<\/h3>\n

        A comprehensive Lean Portfolio Management solution should be designed to enable:<\/strong><\/p>\n

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        • Lean budgeting, funding and governance<\/li>\n
        • Value stream planning and alignment<\/li>\n
        • Agile Program Management <\/li>\n
        • Agile team costing and capitalization<\/li>\n <\/ul>\n
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          Planview\u2019s solution is purpose-built to enable organizations to shift from a traditional to a Lean-Agile portfolio management approach with capabilities that enable:<\/strong><\/p>\n

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          • The visualization of strategic objectives across portfolios, value streams, and teams of teams<\/li>\n
          • Setting of OKRs and financial targets for portfolio investments<\/li>\n
          • Value stream planning and funding<\/li>\n
          • Ranking and analysis of investments or epics by business drivers <\/li>\n
          • What-if scenario modeling to compare trade-offs and compromises<\/li>\n
          • Automated actuals for better Agile team costing and capitalization<\/li>\n <\/ul>\n <\/div>\n<\/div>\n<\/section> \n<\/section>\n\n\n