portfolio management

More workers voluntarily quit their jobs

Yesterday’s Wall Street Journal presented More Workers Are Considering Quitting Their Jobs This is the boomerang effect of companies cutting payroll costs to the bone, redistributing work to the smaller remaining staff, and leaving an environment where workers feel “lucky to even have a job”.  This leaves little left for motivation and the result of [...]

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Larry Coates, PMP, CSM Programmer & Analyst Leader, Department of Transportation

“I am a Co-Chair of the Cambridge Round Table group, a part of the Project Management Institute’s (PMI) Mass Bay Chapter. We have utilized Toby as a speaker for our meetings in the past and he is scheduled for future meetings as well. “Over the past year I have had the privilege of getting to [...]

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Human capital portfolio management and simple math

A venture’s viability really comes down to a bet on a team to deliver.  It is the interpersonal process where venture performance is most impacted. Modern portfolio theory allows investors to maximize return and minimize risk.  The goal is to estimate both the expected risks and returns, as measured statistically, as an accumulation of investments.  Why use [...]

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4 tips to use Twitter for project management

In my last post I presented a case to manage your projects as a business portfolio. The ability to deliver projects on time, on budget, and within scope directly impacts your organization’s ability to compete and stay alive and project failure is an organization-wide risk. In this post I want to introduce Twitter to manage [...]

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Why your business strategy is a project portfolio

It starts with an executive need: a new market evaluation; improve operating margins; a game-changing technology; your competition is eating your lunch. Whatever the reason, a project is how an organization translates an executive strategy. The ability to scope and deliver a project is a competitive advantage. The best organizations realize project management capability as [...]

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IT failure, too much information in Information Technology

Technology enables information, but why are so many information technology projects failing? 74% of all projects fail, come in over budget, or run past the original deadline* 90% of major Information Technology (IT) project initiatives fail to be completed on time and on budget* A survey by the international consulting firm KPMG finds that 56% [...]

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3 reasons for failure: change, participation, and risk

An organization builds a culture of success when it can take a strategy, identify and prioritize the most important projects within the strategy, and consistently deliver projects on time, on budget, and within identified quality standards. Charting success is not easy. 80% of all projects fail for three main reasons. 1. 80% of projects fail [...]

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