2010 Resource Planning Summit - September 19-21, 2010 - La Jolla Hyatt
Dr. Shan Rajegopal , Head of Portfolio Management Practice EMEA at Pcubed, is the leading authority in project portfolio management in Europe. He is an author of the first Portfolio Management book in Europe, Project Portfolio Management: Leading the Corporate Vision. He conducted the first Portfolio Roundtable in UK for a selected Fortune 500 companies. His interests include the application of Sun Tzu's "Art of War" approach as a model for managing client and stakeholder expectations. Shan also advocates it as a strategic thinking process for complex programs and change management initiatives. Rajegopal co-authored Sun Tzu and the Project Battleground: Creating the Project Strategy from the Art of War. His articles and comments have appeared in CFO Europe, PMI Network, IT Toolbox Project Management and other publications and conferences.
The triple constraints in portfolio management are strategic alignment, value/benefits and demand/resources. In the investment portfolio, we focus on value, where we look for the best return on the cash available. From the demand angle, the focus is on resources and capacity. The available resources and capacity are first defined. Resources are then allocated to projects until the capacity is reached. The issue is: which projects get the limited resources? With structured, integrated demand management, we can develop a portfolio of high-value projects, while staying within the defined capacity.
Dr. Shan Rajegopal, Head of the PPM Practice for Pcubed in Europe, will highlight, with case examples, how some companies get the best value from their projects through a rational system of project selection, demand management and portfolio management processes, using a robust PPM tool as the core of a multi-functional system.