Concept Maturation – Online PMO

Purpose:

<?>

Objective:

Concepts are matured, and compelling case is prepared for investment considerations.

Description:

Information collected from the concept maturation stage is assessed and evaluated. Inputs to the preliminary business case are finalized. Concept Maturation concludes by a governing body assessing and prioritizing investments in the discovery portfolio and making decisions (go, cancel, hold, or recycle). For those investments that receive a go decision, the data collected for Concept Maturation are used in the initiation form for Opportunity Generation, Capture & Analysis process of the Portfolio Management.

Inputs:

<?>

Outputs:

<?>

Controls:

<?>

Task Instructions:

Identify Stakeholders

1. Identify target audience – What will make these individuals and groups successful?

Create Communication Packages

1. Packages created to communicate about the portfolio and associated risks and rewards
  - Tailored content
  - Method and timetable
  - Craft common message
  - Metrics for communication effectiveness

Deliver Communications

1. Deliver message to various parties

5 Tools to Gain Competitive Advantage
Have expectations? Tell your employees, managers and employees benefit from clear expectations with regular check-ins. Every day, commit to give at least one employee feedback to reinforce positive behaviors (how he or she is meeting expectations) and/or to extinguish any negative behaviors and suggest alternatives.
3 Steps to Tackle Business Growth Challenges, companies must uncover what makes them distinct to customers, create and empower growth teams, and be ready to commit years to growth plans. For a lot of CEOs, tenure is quite short, so in the back of their minds, it’s ‘forget the next three years. I’ve got to get the next six months right.