1st Edition

Strategic Portfolio Management In the Multi-Project and Program Organisation

Edited By Katy Angliss, Pete Harpum Copyright 2023
    524 Pages 129 B/W Illustrations
    by Routledge

    524 Pages 129 B/W Illustrations
    by Routledge

    This book provides a powerful insight into strategic portfolio management and its central role in the delivery of organisational strategy, maximisation of value creation, and efficient allocation of resources and capabilities to achieve organisational strategic objectives. The book makes a valuable contribution to the development of thinking on the translation of strategy into actionable work. Whether you are a senior manager building a high-performing strategic portfolio for your organisation or an academic searching for new perspectives on strategy execution through portfolio management, you will find great significance in this book. Twenty-eight chapters in four sections provide multiple perspectives on the topic, with in-depth guidance on organisational design for strategic portfolio management and covering all process, capability, and leadership aspects of strategic portfolio management. The book includes several detailed case studies for the effective deployment of strategic portfolios, bringing together theory and practice for strategic portfolio management. This book is particularly valuable for advanced undergraduate and postgraduate students of project and portfolio management, strategic management, and leadership who are looking to expand their knowledge within the multi-project environment. Highly practical and logical in its structure, it also shows project management professionals how to effectively manage their business portfolios and align this with their business strategy.

    Foreword

    Contributors

    Permissions

    Figures and Tables

    Preface

    Chapter 1 Introduction

    Katy Angliss and Pete Harpum

     

    SECTION ONE: STRATEGIC PORTFOLIO MANAGEMENT IN CONTEXT

    Section One Introduction and Chapter Questions

    Katy Angliss

    Chapter 2 Strategic Portfolio Management in Context

    Pete Harpum

    Chapter 3 Organisational Strategy and Portfolio Management

    Jayne Redfern

    Chapter 4 Organisational Change and Portfolio Management

    Ranjit Sidhu and Pete Harpum

    Chapter 5 Scenario Planning for Strategic Portfolios

    Carol A. Long and Pete Harpum

    Chapter 6 Delivering Strategic Value through the Portfolio

    Pete Harpum and Carol A. Long

    Chapter 7 Benefits Realisation Management as a Driver for Delivering Strategic Value

    Carlos Serra and Pete Harpum

    Chapter 8 Rethinking Portfolio Success

    Darren Dalcher

     

    SECTION TWO: DEVELOPING AND MANAGING THE STRATEGIC PORTFOLIO

    Section Two Introduction and Chapter Questions

    Katy Angliss

    Chapter 9 Portfolio Management Integration

    Pete Harpum

    Chapter 10 Environmental Factors and Portfolio Management Capabilities

    Pete Harpum

    Chapter 11 Portfolio Management Process Design

    Pete Harpum

    Chapter 12 Strategic Portfolio Selection

    Pete Harpum

     

    SECTION THREE: PORTFOLIO MANAGEMENT CAPABILITIES

    Section Three Introduction and Chapter Questions

    Katy Angliss

    Chapter 13 Asset and Resource Management

    Carol A. Long

    Chapter 14 Business Integrated Portfolio Governance

    David Dunning and Katy Angliss

    Chapter 15 The Strategic Portfolio Management Office

    Adam Skinner

    Chapter 16 Visualising Data for Portfolio Decision-making

    Catherine Killen

    Chapter 17 Portfolio Risk Management

    David Hillson

    Chapter 18 Portfolio Leadership

    Stuart Forsyth and Carl Gavin

    Chapter 19 Managers' Roles in Strategic Portfolio Management

    Miia Martinsuo and Lauri Vuorinen

    Chapter 20 Enabling Adoption of Portfolio Management

    Donnie MacNicol and Adrian Dooley

    Chapter 21 Supply Chain Integration and Portfolio Management

    Aleksandar Nikolov and Pete Harpum

    Chapter 22 Agile Portfolio Management

    Steve Messenger and Katy Angliss

     

    SECTION FOUR: STRATEGIC PORTFOLIO MANAGEMENT CASE STUDIES

    Section Four Introduction and Chapter Questions

    Katy Angliss

    Chapter 23 Case Study - Engineering of Complex Systems with Portfolio Management

    Dave Yazdani

    Chapter 24 Case Study - Pharmaceutical Portfolio Decision Tool

    Dave Reggi

    Chapter 25 Case Study - Delivering a Multi-billion-pound Portfolio

    Paul Taylor

    Chapter 26 Case Study - A Utilities and Construction Portfolio

    Paul Taylor

    Chapter 27 Case Study - Portfolio Governance and Leadership

    Geoff Vincent

    Chapter 28 Case Study - Portfolio Management Maturity Model Development

    Paul Clarke, Katy Angliss and Pete Harpum

    End Note

    Glossary

    Index

    Biography

    Katy Angliss is Associate Professor at the University of Warwick and, as an academic in the discipline of program and project management, has worked with many students and professionals, specialising in the area of multi-project and portfolio management. Prior to joining Warwick, as a chartered engineer, Katy has had over 20 years’ experience working in the field of portfolios, programs, and projects.

    Pete Harpum is Professeur Affilié de Management des Biotechnologies at Grenoble Ecole de Management, Module Director and External Examiner for Design Management at University College London, and visiting faculty for Portfolio, Program, and Project Management at the University of Warwick. Pete’s consultancy work is focused on helping organisations to successfully navigate change in how they deliver strategic objectives.

    "The authors of Strategic Portfolio Management have successfully integrated capabilities with complex adaptive systems, and the tools for flexing and adapting to the changing environment, to deliver strategic benefits and value for the organisation. It is a roadmap for transforming portfolio delivery in a networked and matrix world."

    Jo Stanford, ChPP FAPM, Head of Corporate Portfolio Office, Health Education England, UK

    "Strategic Portfolio Management addresses the important (but neglected) area of strategic portfolio management. Its stance combines practical insight and academic rigour and it will make an invaluable contribution to structuring and delivering strategic portfolios of projects."

    Naomi Brookes, PhD DIC FHEA, Professor of Complex Programme Management, WMG, University of Warwick, UK

    "Strategic Portfolio Management, all you should know about portfolios is in this book and more besides. This book is a comprehensive package of knowledge and assistance to anyone wishing to enhance the management of their business. It includes a good number of case studies embracing many business sectors."

    Graham Woodward, Ex Head of Project Management BAE Systems, CEng, FAPM, RPP, associate lecturer, University of Warwick, past deputy chairman APM and IPMA assessor, UK