2 min read

From Project Tetris to Effective Teams: Portfolio Management Principles 🎯🔍️

Before we try practices, we need to understand the key principles.

Agile approaches flipped the script from staffing projects to stable teams.

1️⃣ Bring work to Teams; don’t scatter people across projects
2️⃣ Create clear boundaries between stakeholders and teams
3️⃣ Prioritize visualization and collaboration
4️⃣ Empower teams through self-organization
5️⃣ Make timely decisions, especially reversible ones
6️⃣ Focus on value creation over cost reduction

Key Benefits:
• Increased team stability
• Better predictability
• Higher quality deliverables
• More engaged teams All of which lead to more value delivered

Remember: Without stable, focused teams, there’s no predictability in the system. Effective Portfolio Management isn’t about control. It’s about giving Teams clarity and focus and then getting out of their way.

Tomorrow, we will look at the mechanics.

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