X - Biannual Cycle
Y - Monthly Cycle
Z - Daily Cycle
Z3 - Balance resources
What
This activity helps sponsors get resources for their programs and projects, especially when there’s competition among them.
Why
The portfolio management system should offer this help to sponsors from a holistic perspective to ensure
- they can get the resources required for their programs and projects, and
- if multiple programs and projects compete for similar resources, allocations are aligned with the Value Generation Matrix.
Who
The portfolio manager and the sponsors work together in this activity.
How
When there’s competition among programs and projects, the portfolio manager will balance resource allocations based on the Value Generation Matrix. When there’s disagreement among sponsors and the portfolio manager, the portfolio manager is allowed to make decisions up to the threshold documented in the Portfolio Description. If the decision passes the threshold, they should run an exceptional Biannual Cycle and ask the portfolio board for a Strategy Workshop.
When the competition is with operations, the portfolio manager will help sponsors work with other managers to find a balance. To do so, the portfolio manager may ask for help from other portfolio board members.