A strategic portfolio of programs, projects and initiatives is balanced and delivers value. But how do you put together a strategic project portfolio? I'd like to share with you a simple five-step approach to project portfolio management that I learned a long time ago: DDAPM.

DDAPM stands for:
• Goal
• Direction
• Alignment
• Prioritization
• Management

recommended videos
Carefully curated video recommendations for you:
What is project portfolio management?
https://youtu.be/j8obKof2MDM
Introduction to Portfolio Management – with Murali Kulathumani
https://youtu.be/hmie4EMM1D0
What is a PMO?
https://youtu.be/cdAfZijI_Hc
Working with a PMO and building a PMO career – with Curtis Jenkins
https://youtu.be/D1El8DPySZ0
What is a strategic project definition?
https://youtu.be/NVCaOlZSK5Q
Business, Strategy, Projects: Project management as a strategic business activity
https://youtu.be/VE3g1T3Phz0

A while ago I asked project managers in some forums what material things they needed for their work as project managers. The answers were great. I compiled their answers in a kit list.
https://kit.co/MikeClayton/what-a-project-manager-needs
Please note that the links are affiliate links.

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All of our great articles and resources on project management can be found on the OnlinePMCourses website: https://onlinepmcourses.com/

Basic Management Courses – free training on YouTube with 2 new management lessons per week – can be found on our sister channel Management Courses: http://youtube.com/c/managementcourses

You can find more of our project management videos in thematic collections in our free academy of project management: https://onlinepmcourses.com/free-academy-of-project-management/

Chapter markers …
00:00 – What a strategic portfolio needs
00:31 – 5-step DDAPM process
00:46 – Target
01:31 – Direction
02:25 – Alignment
04:40 – Prioritization
07:24 – Management
09:50 – Summary

#Project #ProjectManagement #ProjectPortfolioManagement

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