PMI

Identify existing and potential portfolio components by reviewing documentation such as business plans/proposals in order to create portfolio scenarios.

Assess and document risk consequences and/or impact

Plan and manage budget and resources

Team Empowerment

Create portfolio scenarios (what-if analysis) by reviewing components against prioritization criteria and using analysis techniques (e.g., options analysis, risk analysis, SWOT analysis, financial analysis) in order to evaluate and select viable options.

Empower stakeholders to challenge existing thresholds

Estimate budgetary needs based on the scope of the project and lessons learned from past projects

Encourage team members to become generalizing specialists in order to reduce team size and bottlenecks, and to create a highperforming cross-functional team.

Recommend portfolio scenario(s) and related components, based on prioritization analysis/criteria, in order to provide governance with a rationale for decision making.

Develop risk register

Anticipate future budget challenges

Contribute to self-organizing the work by empowering others and encouraging emerging leadership in order to produce effective solutions and manage complexity.

Determine the impact to portfolio and portfolio components due to changes in strategic goals and objectives, in order to sustain strategic alignment.

Analyze the validity of identified risks and triggers

Monitor budget variations and work with governance process to adjust as necessary

Continuously discover team and personal motivators and demotivators in order to ensure that team morale is high and team members are motivated and productive throughout the project.

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