Back

Portfolio Change Management

The Portfolio Management process is used by a company to select the correct projects to take on. The selection process is very thorough and it involves the alignment of the selected projects with the business strategy. When the projects are selected, project life cycles for them are centrally managed. In addition to the portfolio management teams and managers’ oversight of these projects, change within the organization will be implemented. Organizations implement projects that support performance improvement of operations, industry obligations or performance issues. As the portfolio of projects are fully executed and utilized, individuals in the organization will need to adjust to the new responsibilities of job duties and/or changes in actual job performance. The Change Management process is used and the goals are to prepare, support and provide guidance to persons to ensure of a smooth adoption that result from project implementations.

According to Kotter, successful Change Management can be obtained by following 8 steps.

  1. Establish a sense of urgency
  2. Form a powerful coalition
  3. Create a Vision
  4. Communicating the Vision
  5. Empowering others to act on the vision
  6. Planning for and creating short term wins
  7. Consolidating improvements and producing still more change
  8. Institutionalizing new approaches

Program and Portfolio Product Backlogs

The Agile Project uses a prioritized product backlog containing a single group of user stories, product features and development tasks that a Scrum (or agile) team can use to complete work on a project. Program-level backlogs contain work that has been given approval for implementation by project teams. When items are moved into a program backlog, this means that they are ready for decomposition, estimation and scheduling in an upcoming Release. At the Portfolio level, the backlog contains epics or large user stories that are representive of the work to be accomplished across multiple project teams toward a shared goal. At the portfolio level, items in the backlog will serve multiple programs across a portfolio. Items in a portfolio backlog are in process to be reviewed and prioritized for scheduling and implementation into the Program, Release and Sprint level backlogs.

Recommended Further Reading

The following materials may assist you in order to get the most out of this course:

Section 2: Using the Agile Manifesto to Deliver Change

Section 3: The 12 Agile Principles

Section 4: The Agile Fundamentals

Section 5: The Declaration of Interdependence

Section 6: Agile Development Frameworks

Section 7: Introduction to Scrum

Section 8: Scrum Projects

Section 9: Scrum Project Roles

Section 10: Meet the Scrum Team

Section 11: Building the Scrum Team

Section 12: Scrum in Projects, Programs & Portfolios

Section 13: How to Manage an Agile Project

Section 14: Leadership Styles

Section 15: The Agile Project Life-cycle

Section 16: Business Justification with Agile

Section 17: Calculating the Benefits With Agile

Section 18: Quality in Agile

Section 19: Acceptance Criteria and the Prioritised Product Backlog

Section 20: Quality Management in Scrum

Section 21: Change in Scrum

Section 22: Integrating Change in Scrum

Section 23: Managing Change in Scrum

Section 24: Risk in Scrum

Section 25: Risk Assessment Techniques

Section 26: Initiating an Agile Project

Section 27: Forming the Scrum Team

Section 28: Epics and Personas

Section 29: Creating the Prioritised Product Backlog

Section 30: Conduct Release Planning

Section 31: The Project Business Case

Section 32: Planning in Scrum

Section 33: Scrum Boards

Section 34: Sprint Planning

Section 35: User Stories

Section 36: User Stories and Tasks

Section 37: The Sprint Backlog

Section 38: Implementation of Scrum

Section 39: The Daily Scrum

Section 40: The Product Backlog

Section 41: Scrum Charts

Section 42: Review and Retrospective

Section 43: Scrum of Scrums

Section 44: Validating a Sprint

Section 45: Retrospective Sprint

Section 46: Releasing the Product

Section 47: Project Retrospective

Section 48: The Communication Plan

Section 49: Formal Business Sign-off

Section 50: Scaling Scrum

Section 51: Stakeholders

Section 52: Programs and Portfolios

Translate »