management of portfolios 2011: meandering thoughts
DESCRIPTION
I've put together some thoughts highlighting the areas that have been enhanced form the 2008 version in the forthcoming 2011 OGC Management Of Portfolios Guidance.TRANSCRIPT
Meandering thoughts on the forthcoming OGC Guidance: Management of Portfolios (MoP) 2011
By Craig Kilford
The 2008 guidance was in good shape for its time
life is not as simple as apples and pears
But the world has changed a lot since then
In today’s climate, tough investment decisions MUST be made
So the 2011 version has got more muscles
The guidance helps you make investment decisions
Fundamental Principles, Cycles & Practices don’t change
Special summary version for Senior Executives
Key challenges are tackled head on
Clear direction on Benefits Management
More focus on finance
More focus on investment appraisal
Lots of samples used
Being creative and making it work for you is still key
The Portfolio Office has never been more important
Leading edge Organisational Energy research is used
Collaborative and happy teams are still really important
It’s okay to use new communication platforms
More focus on how to start and keep running
Comes with a health check for your own use