Lean Portfolio Management (LPM) Assessment
Unlock the potential of a successful and sustainable LPM
Price
In house
Duration
Context dependent 2 to 4 weeks
Contact us for in-house prices
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Purpose and Background
Purpose:
The purpose of the assessment is to enable organizations to optimize their portfolio management practices by identifying key areas for improvement. It is designed to provide a clear, objective analysis that helps organizations address critical challenges and implement actionable strategies tailored to their specific needs and goals.
By evaluating the maturity of your LPM implementation, it aims to create transparency as an enabler for driving continuous improvement, and to equip the organization with the insights needed to adapt effectively to dynamic market conditions, to be able to prioritize improvement efforts towards achieving sustainable growth and operational excellence.
The target is to deliver both a well-founded analysis as well as practical pointers for action. Additionally, the assessment is designed to empower your organization to independently repeat the process, supporting a culture ongoing improvement.
Background:
Lean Portfolio Management (LPM) plays a critical role in aligning strategic objectives, investment priorities, and operational excellence within modern organizations. Despite its significance, companies often grapple with inefficiencies, a lack of transparency, and unclear responsibilities, which hinder flexibility, value delivery, and customer satisfaction. These challenges can stifle innovation, disrupt responsiveness to changing market demands, and undermine long-term success.
Developed from the combined skills and experience of its experts, Rimagin’s LPM assessment provides a structured approach to uncovering these roadblocks. By analyzing the current state - including artefacts, processes, roles, strategic alignment, organization, culture and much more, the assessment identifies strengths, weaknesses, and opportunities for improvement within an organization. It pinpoints levers for impactful change to help your company lay the foundation for a resilient and dynamic future.
Goals and Outputs
Pinpoint inefficiencies and areas for improvement in LPM practices.
Evaluate the maturity and progress of your Lean Portfolio Management implementation.
Identify actionable approaches to overcome specific organizational challenges.
Develop a roadmap for improvement of your LPM implementation
Enhance alignment between strategic objectives and operational outcomes.
Foster a culture of continuous improvement and adaptability.
Provide a comprehensive documentation and summary for your future reference.
Details about the Assessment Process
The LPM Assessment follows a proven, transparently structured, modular approach. It analyses the current status across 10 categories, uncovering inefficiencies, strengths, and opportunities in a data-driven process that includes interviews, observations, and artifact reviews. The assessment culminates in actionable insights, tailored recommendations aligned with your specific challenges and goals highlighting quick wins and long-term strategies for improvement.
Module 1: Kick-Off and Scope Clarification
Align on objectives, expectations, and the scope of the assessment.
Identify key stakeholders and define success criteria.
Module 2: Data Collection and Interviews
Gather and analyze relevant artifacts and organizational data.
Conduct structured interviews with key players to uncover insights.
Module 3: Process Analysis and Observation
Evaluate the current portfolio process landscape and artifacts.
Observe relevant meetings to understand dynamics and workflows.
Module 4: Reflection on Results and Conclusion
Present findings, including strengths, weaknesses, and improvement areas.
Discuss actionable recommendations and prioritize next steps.
Optional Module 5: Long-Term Strategy and Implementation Planning
Develop a roadmap for sustainable LPM improvements.
Facilitate workshops to support implementation and change management.
