Peter Heinrich

Resource Planning: The Key to Excellence in Portfolio Operations

After decades of focus on project management, it is now time to look back at resource planning as an equally important driver of portfolio performance. The critical components of Resource Planning, which include Demand Management, Capacity Management and Performance Tracking, impact business decisions well beyond the status of any one project. Influenced by the undisputed strengths of Project Management software and methods, companies continue to set up their portfolio management processes without properly defining roles for line management. The result is a flawed operational process in which initiatives destined to fail are approved and major portfolio changes are treated reactively rather than proactively. Symptoms of this problem can be found across business lines including product development, IT, and traditional manufacturing. This presentation will demonstrate that a project portfolio is only as good as the validity of its resource plan, and will outline a clear vision for integrating resource planning into the portfolio management process.

 

Peter Heinrich has a long history in technology product development and management. During a 20 year career with Xerox, he managed the group that developed the original Star Workstation functional specification and later played key roles in program management and planning process design. In 1989 he co-founded Integrated Project Systems (later called IPS Associates) where he created the IPS portfolio management practice. Based on his experience with corporations large and small, Peter designed the portfolio resource planning and management process that is instantiated in Portfolio DecisionWare's products. Mr. Heinrich has a Bachelor of Arts degree in Philosophy from the University of California at Los Angeles.

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