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KEY VARIABLES IN PRODUCT PORTFOLIO BALANCING

Application Portfolio Management Meeting the challenge of reducing requirements churn in projects Pat Loughran OSS PROJECT OFFICE MANAGER ERICSSON HUNGARY. KEY VARIABLES IN PRODUCT PORTFOLIO BALANCING. BUDGET. SCOPE. QUALITY. TIME. PRODUCT PORTFOLIO MANAGEMENT. BUSINESS MANAGEMENT.

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KEY VARIABLES IN PRODUCT PORTFOLIO BALANCING

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  1. Application Portfolio ManagementMeeting the challenge of reducing requirements churn in projectsPat LoughranOSS PROJECT OFFICE MANAGERERICSSON HUNGARY

  2. KEY VARIABLES IN PRODUCT PORTFOLIO BALANCING BUDGET SCOPE QUALITY TIME

  3. PRODUCT PORTFOLIO MANAGEMENT BUSINESS MANAGEMENT PROGRAM MANAGEMENT BUSINESS PLANNING PRODUCT PLANNING PROJECT PLANNING WHAT HOW Requirement WHY SOLUTION PLAN SELL COST IMPLEMENT ROLL OUT WHEN TEST LIFECYCLE MGT SCOPE DELIVER

  4. KEY ASPECTS FOR SUCCESSFUL PROGRAM MANAGEMENT • Strong Governance • Effective Project Management • Efficient Application Portfolio Management

  5. APPLICATION PORTFOLIO MANAGEMENT • What is Application Portfolio Management • Balancing the business needs against the delivery capability of the product development organisation. • What is the aim ? • Reduce requirement churn in the projects • To increase efficiency in product development • How ? • Two Aspects • Product Focus team work • Defining, monitoring and refining the delivery capability of the development organisation

  6. ENABLERS FOR APPLICATION PORTFOLIO MANAGEMENT • Quality underpins all and is not negotiable • Fixed regular releases instead of variable releases • Baseline the investment level for individual components in product development BUDGET SCOPE Quality • Leaving the scope to be effective and efficiently managed TIME

  7. DEVELOPMENT CAPABILITY • Define a measurable unit for scope content • Break up product into deliverable components • Use historical data and continuous retrospection to set scope unit • INFLUENCING FACTORS COMPETENCE BUDGET QUALITY TECHNICAL DEBT TECHNOLOGY Candidate Analysis System Analysis and Design Software Production Software Production Integrate, Verify and Roll-Out

  8. CROSS FUNCTIONAL OPERATIONS BUSINESS NEEDS PROJECT REQUIREMENTS SALES OPERATIONAL PRODUCT MANAGEMENT DEVELOPMENT MANAGERS STRATEGIC PRODUCT MANAGEMENT SYSTEM ANALYSTS TOTAL PROJECT MANAGERS CROSS FUNCTIONAL TEAM BUDGET RESET DEFINED DEVELOPMENT CAPABILITY PROJECT EXECUTION RE-DEFINED DEVELOPMENT CAPABILITY

  9. KEY CHALLENGES • Communication • Budget Setting • Prioritisation • Rising costs • Retrospection on capability • Staying out of the project space KEEP IT SIMPLE AND STRAIGHT FORWARD

  10. APPLICATION PORTFOLIO MANAGEMENT SUMMARY Requirement churn in the project IS REDUCED bY : • Introducing a fixed release strategy • Developing and refining a development capability model for a release • Using Cross functional operations to prioritise feature content for the project based on capability model RESULTING IN: IMPROVED DELIVERY PRECISION ENABLING MORE FEATURE CONTENT

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