809 Panel Volume 3 Recommends a Multitiered Portfolio Management Framework

Section 809 Panel released Vol 3 on 15 Jan 2019.   This final report’s section 2 is titled, “Portfolio Management Framework” (starts on page 49 of the report).  Recommendations 36, 37, 38, and 39 in this section outline a move from program-centric to a portfolio-centric framework that is multitiered with a systems view. One portfolio set is led by a Portfolio Acquisition Executive (PAE), which replaces the current Program Executive Officer (PEO) structure. The other portfolio set is led by Enterprise Capability Portfolio (ECP) co-leaders.   The concept leverages the ANSI portfolio management standard best practices published by PMI while also being innovative in covering the dynamic tension between effectiveness and efficiency, as well as the polarity between the military services and Department of Defense (DoD). A portfolio approach is not new, as DoD published directive 7045.20 in 2008, but it failed in implementations. The 809 Panel recommendation creates multitiered framework that covers the total lifecycle systems management (TLCSM) with PAE with systems views. Then it overlaps that with the capability focused portfolio with a joint/combatant commander views.   The top level policy to implement it includes in the report in the form of a proposed rewrite of the DoDD 5000.01 that pulls the current capability portfolio directive DoDD 7045.20 into a broader “BIG A” view. The Panel names this Big A view the “Defense Capability Acquisition and Sustainment Framework (DCASF). Underlying the approach is empowerment with “command by negation as the principle doctrine” for streamlined and effective management. 

Are you ready to take advantage of the benefits portfolio management can bring to your organization? How will the portfolio approach, if adopted, affect your work with DoD and the defense and federal industry? Join the dialog and be a part of the change!

 

Olde Stone Consulting working with DoD Section 809 Panel

John Driessnack, Olde Stone Consulting LLC, in collaboration with Project Management Institute (PMI), briefed Team 5 of the Section 809 Panel on use of Portfolio Management and other ANSI standard best practices.   The Panel members were very interested in the concepts and asked for further options on how to implement a robust portfolio management approach for DoD Acquisition.   

The presentations made on 23 Feb and 23 Mar were partly based on John Driessnack's PMI white papers published in Mar 2015 and Feb 2017 on how the Federal Government would benefit from using PMI's ANSI standards for Portfolio, Program, and Project Management.   The white papers can be downloaded at https://www.pmi.org/business-solutions/white-papers

At the request of the Team 5 members, PMI and Olde Stone Consulting, LLC developed an Acquisition Point Paper titled Winning in the 21st Century, Command by Negation within a Portfolio, Program, Project Structure.   Download by clicking on the title.   

 

 

PMI published Olde Stone Consulting white paper on "Time to Update OMB Capital Programming Guidance"

PMI published Olde Stone Consulting white paper on "Time to Update OMB Capital Programming Guidance"

In this whitepaper, the author proposes that the new U.S. presidential administration update federal programming guidance procedures on budgeting and acquisition with an eye towards defining a more holistic management framework based upon industry standards for project, program, and portfolio management — that could result in a more effective and efficient bureaucracy.

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PMI published Olde Stone Consulting white paper on "Using PMI Standards Framework to Improve U.S. Federal Government Capital Investment Outcomes"

PMI published Olde Stone Consulting white paper on "Using PMI Standards Framework to Improve U.S. Federal Government Capital Investment Outcomes"

This paper proposes that the U.S. federal government would benefit from utilizing PMI’s project, program, and portfolio standards framework as the basis for a common, robust federal system methodology. It outlines how three approved American National Standards developed by PMI can provide robustness and clarity, with a common language and a standard framework for agencies’ utilization. If followed in a disciplined manner, the standards provide for significant efficiencies within and across agencies, as well as improved efficiencies with industry.

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