Tag Archives: Project portfolio management

S.T.I.C.C. – A Useful Communication Tool for Critical Situations

Situation, Task, Intent, Concerns, Calibrate (STICC) is a useful communication template for situations where time pressures and mistakes can lead to grave consequences. The article uses an example of prioritizing a set of strategic projects, considering each piece of the STICC message. Continue reading

Posted in Strategic Planning Issues for Strategic Initiatives, Useful Practices & Management Tools | Tagged , , | 1 Comment

Eight Distinctions between Portfolio Management & Program Management

This article clarifies the differences between program management, portfolio management, and program management along 8 dimensions: purpose, temporal nature, aggregation, strategic alignment, success criteria, risk, decisions, & competencies. Greg Githens explains four implications for leaders of strategic initiatives: meaning of strategic alignment, number of strategic initiatives in the portfolio, strategic initiatives as programs, and immature standards. The leader applies strategic thinking to do that. Continue reading

Posted in Program & Portfolio Management, Strategic Planning Issues for Strategic Initiatives | Tagged , , , , , , , , , , , , , , , , , , | 12 Comments