Implementing Project Portfolio Management: From Organization Structure to Recognized Revenue · Module 1 · The PPM Landscape
Working on a PPM project
Lesson 11 of 198 · 2 min
The parties. Finance. The PMO. Delivery leadership. Legal or commercial, for contracts. And IT. THE VOCABULARY PROBLEM. This one is specific to this domain, and it causes more trouble than any technical issue in the course. Finance and the PMO use the same words for different things. "Resource" means a cost category to one, and a person to the other. "Task" means a costing bucket to one, and a schedule activity to the other. BUILD A SHARED GLOSSARY IN WEEK ONE AND PUT IT ON THE WALL. On the wall. Not in a document — where both groups can see it and point at it mid-argument. It is the cheapest intervention available on a PPM project and almost nobody does it. The typical team shape. PPM functional lead, costing lead, billing lead, contracts lead, integration lead, change and training. Six roles — and note that contracts has its own lead,…
The full lesson is part of the course
The video, the complete written lesson and the module quiz are included in Implementing Project Portfolio Management: From Organization Structure to Recognized Revenue, with a certificate on completion and a fourteen-day refund window.
In this module: Module 1 · The PPM Landscape
- 1Two offerings, not one productFree preview
- 2The Project Financial Management applications
- 3The Project Execution Management applications
- 4Running the scoping conversation
- 5The cost-to-ledger mapFree preview
- 6Offerings, functional areas and navigation
- 7Working on a PPM project
- 8Lab: scope three clients and draw the map