Product and Portfolio Management involves overseeing a company's range of products and projects to ensure they align with strategic goals, maximize value, and minimize risk. It includes prioritizing investments, managing resources, and assessing the performance of each product or project within the portfolio. Effective management helps organizations focus on the most promising opportunities, optimize resource allocation, and drive long-term growth and competitiveness.
This Product & Portfolio Management Implementation Toolkit includes a set of best practice templates, step-by-step workplans, and maturity diagnostics for any related project. Please note the above partial preview is ONLY of the Self Assessment Excel Dashboard, referenced in steps 1 and 2 (see below for more details).
Through a 3-step process, this toolkit will guide you from idea to implementation. Please find a below a summary of the 3 steps.
STEP 1: Get your bearings
Start with the latest quick edition of the Product and Portfolio Management Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.
Organized in a data driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation.
STEP 2: Set concrete goals, tasks, dates and numbers you can track
Featuring 992 new and updated case-based questions, organized into seven core areas of process design, this Self-Assessment will help you identify areas in which Product and Portfolio Management improvements can be made.
The Self-Assessment Excel Dashboard; with the Product and Portfolio Management Self-Assessment and Scorecard you will develop a clear picture of which Product and Portfolio Management areas need attention, which requirements you should focus on and who will be responsible for them:
• Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix
• Gives you a professional Dashboard to guide and perform a thorough Product and Portfolio Management Self-Assessment
• Is secure: Ensures offline data protection of your Self-Assessment results
• Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next
STEP 3: Implement, Track, follow up and revise strategy
The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage Product and Portfolio Management projects with the 62 implementation resources. There are 62 step-by-step Product and Portfolio Management Project Management Form Templates covering over 1500 Product and Portfolio Management project requirements and success criteria.
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Source: Best Practices in Product Management Excel: Product and Portfolio Management - Implementation Toolkit Excel (XLSX) Spreadsheet, Gerard Blokdijk
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