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Innovation Project Governance Do's & Don'ts

Innov8rs

Innov8rs | Despite its importance, innovation project governance is often handled ineffectively, slowing down rather than driving innovation. Innovation project governance is a decision-making discipline where organizational leaders decide which ideas to pursue, how to allocate the innovation budget, and how to assign resources.

Project 80
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L.I.V.E. (Lean Innovation, Validation & Execution): A new, more effective way to manage multiple innovation projects

Idea to Value

This new management method makes it nearly impossible for innovation teams to fail at delivering multiple challenging innovation projects faster, with less risk and lower required budgets. Most innovation experts often say that traditional management processes are not the way to run innovation projects. And this is true.

Project 241
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Why Big Projects Fail — and How to Give Yours a Better Chance of Success

Harvard Business Review

There are five reasons that large projects fail. Wrong projects are ones that defy conventional business rationale, creating outputs that either few people want, that add little to no real value, or that undershoot the desired benefits because they are so difficult to achieve.

Project 126
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Innovation Management in 2023: Governance & Portfolio Management

Innov8rs

Like it or not: for innovation, governance is the theme of the year. Bringing Back Financial Projections. In 2023, it’s crucial to move away from making single point estimates and instead relying more on financial projections. In any portfolio, Noel recommends taking a close look at each project's relative value. “We

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Business Agile: A Roadmap for Transforming Your Management & Adapting to the VUCA Environment

Speaker: Peter Taylor, Speaker/Author, The Lazy Project Manager

It will be a guide towards a decentralized and management style that offers more successful decision making through collaboration. In this webinar, you will learn: How to reduce processes, and adjust the governance and belief in “the power of the people” to deliver simple success in a time of complex demand.

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3 Predictions for What’s Next in Project Portfolio Management 

Planview

It’s true for all disciplines and describes the project portfolio management (PPM) market for several reasons. The market’s landmark evolution in 2020, which bifurcated PPM to support strategic portfolio management and adaptive project management. The pandemic’s impact on the labor market and the rise in burnout.

Project 52
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Using Biotech Project Management Software to Drive Value

Planview

Today we’re going to look at how a global biotech company used biotech project management software to drive greater business value. “We use Planview’s solutions to ensure projects in distress are getting the help they need.” “We use Planview’s solutions to ensure projects in distress are getting the help they need.”