This PPT slide, part of the 67-slide Strategic Portfolio Management PowerPoint presentation, outlines the critical phase of building portfolio scenarios within project planning. It emphasizes that broad outlines of the portfolio begin to take shape during this stage. Key factors influencing these outlines include project dependencies, resource availability, and potential overlaps between projects.
Dependencies between projects are highlighted as a primary factor that dictates the sequence of execution. This means that the order in which projects are undertaken is not arbitrary; rather, it is determined by how they relate to one another. Understanding these dependencies is essential for effective planning and execution.
Resource and skill estimates are noted as constraints that can limit deployment capabilities. This indicates that the availability of personnel with the necessary skills and the overall resource pool can significantly impact which projects can be initiated and when. If resources are stretched too thin, it may lead to delays or the need to prioritize certain projects over others.
The slide also points out that project overlaps can hinder parallel implementation. This suggests that when multiple projects are vying for the same resources or are closely related in scope, it can create bottlenecks.
Lastly, the planning team is tasked with constructing portfolio scenarios based on these insights, adjusting them according to key constraints such as resources, time, and budget. This indicates a dynamic approach to project management, where scenarios are not static, but evolve based on real-time assessments of constraints. The overall message is clear: effective portfolio management requires a nuanced understanding of interdependencies and resource allocation to optimize project outcomes.
This slide is part of the Strategic Portfolio Management PowerPoint presentation.
This toolkit is created by trained McKinsey, BCG, and Porsche Consulting consultants and is the same used by MBB, Big 4, and Fortune 100 companies when performing Portfolio Management Initiatives.
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