There has never been a more exciting time to be in the portfolio management game in my opinion.
Back in 2008 when the UK Government asked me to write the public consultation draft for a portfolio management standard (now Management of Portfolios), there were about five enlightened people interested in this stuff …and my hair was a rich hazelnut brown.
Fast forward to today and not only do I have a full head of silver hair, but everyone seems to be talking about portfolio management in one way or another. Every day I see countless posts on LinkedIn about portfolio management – “portfolio management delivers strategy”, “prioritize your projects”, “invest in the right project”… I for one think this is marvelous, and about time too!
Most notably, over the course of the last couple of months three key organisations have also been getting more excited.
1. PMI recently released their Thought Leadership Series which included three Portfolio Management reports…As I mentioned in my previous posts (1, 2 & 3) I consider these three reports to be best reports ever written about portfolio management. (with the exception of mine of course #halfjoke)
2. Then there’s AXELOS. Who last year asked me to write a white paper comparing the two main Portfolio Management methodologies, Management of Portfolios and PMI’s Standard for Portfolio Management – the white paper will be published in a couple of weeks. (register here if you want a copy sent to you).
3. Finally, the IPMA (International Project Management Association), another key organisation spotlighted in a recent blog the importance of “doing the right project and doing them the right way”.