Page 133 - Organizational Project Management

Appendix F—Best Practices Directory

BP ID Title Description
Project Program Portfolio Standardize Measure Control Improve

6040 Portfolio Quality Portfolio Quality Control Process measures are
Control Process established, assembled and analyzed. X X
Measurement
6050 Portfolio Risk Portfolio Risk Monitoring and Control Process
Monitoring and measures are established, assembled and X X
Control Process analyzed.
Measurement
6060 Portfolio Contract Portfolio Contract Closeout Process measures
Closeout Process are established, assembled and analyzed. X X
Measurement
6070 Portfolio Portfolio Administrative Closure Process
Administrative measures are established, assembled and
X X
Closure Process analyzed.
Measurement
6080 Comply With The organization gathers metrics to assure
Standard Project compliance with the standard project processes. X X
Processes
6090 Track The organization determines its organizational
Organizational effectiveness through metrics including project X X
Effectiveness delivery metrics.
6100 Provide Real-Time The organization provides a system that reports
Project historic, real-time indicators of how projects,
Performance programs and portfolios are performing. Data is X X
Reports compared relative to plans, current baselines,
and criteria for success.
6110 Establish Project The organization has a system that provides
Management information for decisions about projects. X X
Information
System
6120 Assess The organization uses a formal assessment
Competency of Key process to measure the competency levels of X X
Project Resources project personnel.
6130 Collect Project, 'The organization uses and maintains a formal
Program, Portfolio performance system which is used to evaluate X X
Success Metrics individuals and project teams.
6140 Provide Central The organization has a central project metrics X X
Metrics Repository repository for all project use.
6150 Measure Strategic The organization evaluates resources applied to
Alignment projects that support corporate strategy with the X X
importance of the strategy to the organization.
6160 Select Projects The organization identifies and selects projects
Based on that have value to the organization.
X X
Organizational
Value
6170 Select Projects The organization considers the investments of
Considering human and financial resources when selecting
Human and projects. X X
Financial
Resources
6180 Select Projects The organization identifies and selects projects
According to by evaluating their relationship to business X X
Strategy strategy.
6190 Use Integrated The organization has project management tools
Project that are integrated with other corporate systems X X
Management Tools to provide a project view of the organization.
6200 Portfolio Initiation Portfolio Initiation Process controls are
Process Control established and executed to control the stability X X
of the process.
6210 Portfolio Plan Portfolio Plan Development Process controls are
Development established and executed to control the stability X X
Process Control of the process.
6220 Portfolio Scope Portfolio Scope Planning Process controls are
Planning Process established and executed to control the stability X X
Control of the process.

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