PPM - Project Portfolio Management

How to create WBS

Initiation->Planning->Execution->Closed->Financials Project Name->Phases->Deliverables(draft->review->approval) Milestone is with 0 days duration FS, SS, FF, SF to use comparing precessor vs. successor Auto scheduling always

How to track

  • Change working time -> new calendar to apply holidays, and do not forget to change project calenda
  • Baseline per alignment with PMO or technical team
  • Baseline only to ver 10 days late or 20 days early
  • 0%, 25%, 50%, 100% to right time on right deliverables

How to manage changes

  • Change only happen during execution stage but not planning phase
  • Can be processed for a Closed project
  • Scope change on project to update estimate in PPM as well
  • CAP vs. EXP vs. Support costs are always expensed - never capitalized
  • Budget locked in Dec, 1st Projection in April, 2nd One in August

How to define PM scope

  • Time, quality, cost
  • Finacials including non-IT, IT consumption, IT Infrastructure
  • Labor vs. service vs. software vs. expense

How to report project

  • RAID - risk, action, issue, decision
  • An uncertain event or condition that, if it occurs, has a positive or negative effect on a project's objectives
  • An event or condition that has or will happen that has a postive or negative effect on a project's objectives
  • Team status report - designed for project and workstream team meetings
  • Executive status report - pypically one page to contains high level project status

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