March 2011 Newsletter




	March 2011 Newsletter Information and insights for the Program & Project Management Community

Upcoming Calendar

MetaPM (Rational Management) offers PRINCE2®, MSP and P3O Foundation and Practitioner courses. Our Australia-wide courses are always popular and our April, May & June courses are already filling fast. Click here to view our Training Calendar

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Featured Articles

- Projects, Programmes & Portfolios

- Value of Portfolio Management

- OGC: Management of Portfolios guidance

- Case Study: Portfolio Management Plan

- Portfolio Management for your organisation

Hints and Tips

Tell us what you think

Announcements

2011 APMG Best Practice Showcase

MetaPM is a proud partner of the APMG Best Practice Showcase to be held in Canberra on Friday 9th September at the Hyatt Hotel in Yarralumla. The theme of the day is “Working Together” and more information will be provided as the event gets closer.

IPMA 25th World Congress - Call for Papers

IPMA is hosting the IPMA World Congress in Brisbane in October 2011 and is currently seeking contributions from PM professionals related to one of the seven themes. Delegate registration is also now open with early bird registration closing on 5 July 2011. Visit www.ipma2011.com for more details .

Footy Tipping is back!

If you are interested in joining MetaPM’s AFL tipping competition (via footytips.com.au ) please send an email to This e-mail address is being protected from spam bots, you need JavaScript enabled to view it and we will let you know the log-in details. It’s free to join and there’s $1000 to win.

Welcome to the MetaPM March Newsletter

As we approach the end of the 2010/11 financial year, many organisations are in the midst of considering their upcoming project priorities. Portfolio Management is an important tool for an organisation to use to ensure they deliver the right projects that will bring about the change to help achieve their strategic goals.

Portfolio Management provides a high-level view of an organisation’s portfolio of projects and programs, how they relate to the strategic direction, and how they’re progressing.

We hope you enjoy this newsletter and find its contents useful with information and insights into the world of Project, Program and Portfolio Management.

Our website also provides tips and resources for the programme and project management industries so visit www.metapm.com.au/resources to make sure you don't miss out on these free resources.

If you have any queries regarding any of the information contained in this newsletter, please contact us on 1800 800 436 or email This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

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Featured Articles

Projects, Programmes & Portfolios: What do the terms mean, and how do they relate?

Human Systems (UK) has developed a briefing paper that articulates the relationship between projects, programmes and portfolios. This insightful article provides readers with a clear idea of how portfolio management (defined as ‘management of a number of unrelated projects”) is important for organisations who want to control the use of projects to deliver strategic change. Read more...

The Value of Portfolio Management

•    Why are we delivering these projects and not those ones?
•    How much should I spend on projects next year?
•    How do I know these projects will have value for the organisation?
These are some of the questions facing managers who are responsible for controlling projects within their division or their organisation. Read more...

OCG: Management of Portfolios (MoP) guidance

The UK Office of Government Commerce (OGC) has recently released a new product “Management of Portfolios” (MoP) to complement its current suite of products which also includes PRINCE2 and MSP (Managing Successful Programmes). MoP aims to help organisations to make decisions and prioritise investment in order to implement the right changes to business as usual (to be delivered via projects and programmes). Read more about MoP on the OGC website...

Case Study

Development of a Portfolio Management Plan

MetaPM has worked with a number of clients to provide structure and planning expertise to assist with the successful delivery of projects, programs and portfolios. The attached case study provides an example of how MetaPM worked with the client to identify the need for portfolio planning (rather than Program planning) and to produce a detailed plan to guide the organisation and management of the portfolio and its component projects. Read more...

Portfolio Management for Your Organisation

If you would like to sit down with us and discuss how Portfolio Management could assist your organisation to achieve its strategic goals, send an email to This e-mail address is being protected from spam bots, you need JavaScript enabled to view it or give us a call on 1800 800 436.

Hints and Tips

Project Prioritisation Worksheet

MetaPM has developed a simple tool to allow managers to start the process of assessing their portfolios by developing a portfolio prioritisation worksheet. The tool results in a worksheet that automatically scores each project in relation to risks and benefits. Click here to download the project prioritisation tool...

Tell Us What You Think

We’d like to hear what you think of this issue. Please send your comments, questions, and ideas for upcoming issues to us at This e-mail address is being protected from spam bots, you need JavaScript enabled to view it . Your feedback matters to us!

'Simplicity is about subtracting the obvious, and adding the
meaningful' - John Maeda

'Simplicity is about subtracting the obvious, and adding the meaningful' - John Maeda

THE BUSINESS OF PROJECT MANAGEMENT

March 2011 Newsletter

Upcoming Calendar

Contents

Announcements

Welcome to the MetaPM March Newsletter