Ordinary Project Manager
AI Corner; Free PM Career Guide, Ultimate Guide to Project Portfolio Management
Read on LinkedIn / Read time: 4 minutes
Welcome to The Agie Admiral weekly newsletter where I provide actionable ideas to help you build a high-performing Project Management career
Today at a Glance:
✨ Thank you
🔫 The Ultimate Guide to Project Portfolio Management
☝️ Free PM Career Guide
🤖 AI Corner
⌚ Community - Weekly PMP Study Group Schedule
I'm an ordinary Project Manager.
Got a few years of experience, failed PMP x 2 times and TOP PM voice badge from LinkedIn.
I'm on the mission to educate, mentor, coach, give clarity on how to pass PMP in 8 weeks and as my latest venture, to show PMs how to implement PMP knowledge into "real-life" projects.
Thank you ALL, for liking/commenting/engaging with my content.
The Ultimate Guide to Project Portfolio Management
Project Portfolio Management (PPM) is a strategic framework that allows organizations to manage and align their project investments with business objectives. It involves selecting, prioritizing, managing, and controlling multiple projects and programs to achieve organizational goals. This article delves into the intricacies of PPM, its importance, methodologies, tools, and best practices.
What is Project Portfolio Management?
PPM is the centralized management of one or more project portfolios to achieve strategic objectives. It involves:
Selection and Prioritization: Choosing projects that align with strategic goals.
Resource Allocation: Efficiently distributing resources across projects.
Risk Management: Identifying and mitigating risks at the portfolio level.
Performance Monitoring: Tracking progress and performance of the portfolio.
Governance: Establishing policies and procedures for portfolio management.
Importance of PPM
PPM offers several benefits to organizations, including:
Strategic Alignment: Ensures that projects are aligned with the organization’s strategic objectives.
Resource Optimization: Helps in optimal utilization of resources across projects.
Risk Mitigation: Provides a framework to identify and manage risks at the portfolio level.
Improved Decision Making: Facilitates data-driven decision-making processes.
Enhanced ROI: Maximizes return on investment by selecting the right projects.
Key Components of PPM
Project Selection: Evaluating and selecting projects based on their alignment with business goals and potential value.
Portfolio Balancing: Ensuring a balanced mix of projects to optimize risk and return.
Resource Management: Allocating resources efficiently across projects.
Financial Management: Managing the financial aspects of the portfolio, including budgeting and forecasting.
Performance Management: Monitoring and evaluating the performance of projects and the portfolio as a whole.
Governance: Establishing rules, processes, and standards for portfolio management.
Methodologies in PPM
Stage-Gate Process: A phased approach where projects pass through different stages separated by gates. Each gate serves as a decision point.
Agile Portfolio Management: Applying Agile principles to portfolio management, focusing on flexibility and continuous improvement.
Lean Portfolio Management: Emphasizes reducing waste and optimizing value delivery.
Waterfall Portfolio Management: Traditional approach focusing on sequential project phases.
Continue reading here: Article
AI Corner
When Technology Understands Our Emotions
Emotional AI: A New Era of Human-Machine Interaction
Gone are the days when interactions with technology were purely transactional and free of emotional context.
In the rapidly evolving landscape of artificial intelligence, integrating Emotional AI into corporate culture seems inevitable. As it gains traction across various industries, its implications for corporate environments are profound and far-reaching.
This groundbreaking technology leverages biological signals such as vocal tone, facial expressions, and data from wearable devices to detect, predict, and react to human emotions.
We are, indeed, entering an era where there is a big chance we may find it hard to understand if we are interacting with a machine or a human on the other side.
5 AI Tools I Use in My Projects
In my daily work, AI tools have become indispensable. They streamline processes, enhance efficiency, and provide valuable insights.
So, I decided to share some tools I currently use and that you may benefit from.
Here's a list:
Spinach — Capture decisions and integration with PM Tools
Gamma — Presentations
Magic ToDo List — Work Breakdown Structure creation
Fireflies — Automate your meeting notes
Motion — Automatic agenda and scheduling
Continue reading here: Article
Community - Weekly PMP Study Group Schedule
Date: Tuesday, Sep 3
Topic: PMP: Hybrid Project Management (Approaches Series 4 of 4)
Host: Torge
Link to session: https://www.linkedin.com/events/pmpexamstudygroup-hybrid-approa7218646902819459072/
→
Date: Wednesday, Sep 4
Topic: CAPM: Waterfall Mindset: Stakeholders
Host: Gabor
Link to session: https://www.linkedin.com/events/capm-weeklystudygroup-topic-wat7233558793526128640/
→
Date: Thursday, Sep 5
Topic: PMP: Agile Mindset Part 1
Host: Gabor
Link to session: https://www.linkedin.com/events/pmp-weeklystudygroup-topic-tbd7227672795189592064/
Free PM Career Guide
Unlock Your Project Management Potential—FREE Guide Inside
You’re stuck in a field that doesn’t excite you anymore.
You’re dreaming of something more, but where do you start?
Imagine this:
A seamless pivot from where you are now to where you want to be—project management. It’s not just a new path, but a thriving career where you’re in control.
Freelancing, consulting, fractional PM—complete independence.
But how do you get there?
Start with the right certifications. They’ll fast-track your journey.
And even if you don’t have the title, you can leverage the skills you’ve built over time. They’re your secret weapon to break into project management.
Ready to take the leap?
Grab the guide. It’s free, for now. Download it today.
Don’t wait—the clock’s ticking.
Get your Project Career Guide now, while it’s still free.
Justin
Navigating in Project Management Career is not easy, feel free to reach out: find me on LinkedIn, YouTube, Udemy or Book a 1:1 Call
Want to learn more from me? Check this out:
🚧 FREE CAPM/PMP Exam Prep Flashcards - Update January 2024