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Home LIBRARY News items PORTFOLIO GUIDE LAUNCHED! - MoP book review
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The 'swirrl' logo for MoP - from the OGC

MoP - adds wisdom to managing change

The latest guide from the OGC "Management of Portfolios" - LAUNCHED FEBRUARY 8TH

The latest OGC best-practice guide addresses this big question - DOES YOUR ORGANISATION KNOW WHICH CHANGES (PROGRAMMES AND PROJECTS) IT SHOULD BE UNDERTAKING TODAY, TOMORROW AND THOSE IT SHOULD SUPPORT FOR THE FUTURE?

Its primary aim is to support those with strategic or change portfolio responsibility make appropriate change investment decisions in a logical, transparent and efficient way - and it exposes some very powerful means to do this at low cost.

The focus on 'strategy' does not limit MoP to senior management and top-level governance people. Anyone responsible for managing a set of change activities (portfolio) at any level in an organisation will find low-cost governance support and delivery management approaches which they can use immediately. If I had just 2 of the MoP techniques available to me 20 years ago to manage my portfolios of IT/Business Change I would have avoided a lot of mistakes, pain and improved the cost of decision and delivery, and certainly got better value for my organisation.

The MoP guide uses the paradigm of "Run the Business vs Change the Business" to state its case: organisations expend energy on running their operations well, most also adopt and embed consistent Programme, Project and change management methods. But what provides the glue between managing delivery and good decisions about the 'mix' of all of initiatives? This is the compelling focus of MoP - it articulates 2 sets of practices - Portfolio Investment and Portfolio Delivery with simple "Keys to Success" highlighted at every point.

MoP offers simple structures to illustrate how you can adopt good practice in existing governance and organisational arrangements - at its simplest MoP can add value by optimising what an organisation already does, but better, and without creating new teams, functions or investing in 'clever' software.
No matter what your organisational involvement - board, strategy planning, programme/project team, business case writing or operational management - MoP offers something.

MoP is consistent with other best-practice: MSP, PRINCE2, P3O - the latter offering functions and services to support Portfolio Management - but none of these are required to extract strategic value.

Useful links -

Best Management practice portal - latest MoP news, knowledge centre and publications library

 

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