{"id":22800,"date":"2012-10-22T16:35:43","date_gmt":"2012-10-22T21:35:43","guid":{"rendered":"https:\/\/blog.planview.com\/eight-rules-of-effective-rd-portfolio-management\/"},"modified":"2023-07-21T12:29:50","modified_gmt":"2023-07-21T17:29:50","slug":"eight-rules-of-effective-rd-portfolio-management","status":"publish","type":"post","link":"https:\/\/blog.planview.com\/eight-rules-of-effective-rd-portfolio-management\/","title":{"rendered":"Eight Rules of Effective R&D Portfolio Management – Enrich Consulting"},"content":{"rendered":"
<\/figure>\n

\"white_paper\"<\/a>Dan Smith and I have written a white paper on strategic R&D portfolio management<\/a> that summarizes many of the lessons and insights we’ve gleaned during twelve years of client engagements. The white paper is organized into eight ‘rules’:<\/p>\n

    \n
  1. Avoid incomplete strategies<\/li>\n
  2. Build an actionable strategy<\/li>\n
  3. Don’t buy in to bubble plots<\/li>\n
  4. Move beyond prioritization<\/li>\n
  5. Present decision-makers with 3-6 compelling portfolios<\/li>\n
  6. Use a variety of project selection methods<\/li>\n
  7. Ask the right question<\/li>\n
  8. Build risk into your forecast<\/li>\n<\/ol>\n

    If you are a regular reader of this blog, you’ll no doubt hear echoes of previous posts in some of these rules.  So, what do all these rules have in common? When heeded, they guide project teams and decision makers to the hard-but-essential conversations about key project risks and portfolio trade-offs. Those conversations are sine qua non <\/i>of successful R&D decision making.<\/p>\n

    Here is the <\/span> link to the white paper<\/a>. Enjoy!<\/p>\n

    PS: We welcome your comments and suggestions for the next eight rules…<\/p>\n","protected":false},"excerpt":{"rendered":"

    Dan Smith and I have written a white paper on strategic R&D portfolio management that summarizes many of the lessons and insights we’ve gleaned during twelve years of client engagements. The white paper is organized into eight ‘rules’: Avoid incomplete strategies Build an actionable strategy Don’t buy in to bubble plots Move beyond prioritization Present…<\/p>\n","protected":false},"author":242,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[36,35,7549],"tags":[],"class_list":["post-22800","post","type-post","status-publish","format-standard","hentry","category-product-development","category-pmo-project-management-organizations","category-strategic-planning"],"acf":[],"yoast_head":"\nEight Rules of Effective R&D Portfolio Management - Enrich Consulting<\/title>\n<meta name=\"description\" content=\"Dan Smith and I have written a white paper on strategic R&D portfolio management that summarizes many of the lessons and insights we've gleaned during twelve years of client engagements.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blog.planview.com\/eight-rules-of-effective-rd-portfolio-management\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eight Rules of Effective R&D Portfolio Management - Enrich Consulting\" \/>\n<meta property=\"og:description\" content=\"Dan Smith and I have written a white paper on strategic R&D portfolio management that summarizes many of the lessons and insights we've gleaned during twelve years of client engagements.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blog.planview.com\/eight-rules-of-effective-rd-portfolio-management\/\" \/>\n<meta property=\"og:site_name\" content=\"Planview Blog\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/www.facebook.com\/pages\/Planview-Inc\/89422974772\" \/>\n<meta property=\"article:published_time\" content=\"2012-10-22T21:35:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-21T17:29:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/media.planview.com\/enrich-blog\/wp-content\/uploads\/2016\/03\/white_paper.png\" \/>\n<meta name=\"author\" content=\"Dr. Richard Sonnenblick\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Planview\" \/>\n<meta name=\"twitter:site\" content=\"@Planview\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dr. Richard Sonnenblick\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/blog.planview.com\/eight-rules-of-effective-rd-portfolio-management\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/blog.planview.com\/eight-rules-of-effective-rd-portfolio-management\/\"},\"author\":{\"name\":\"Dr. Richard Sonnenblick\",\"@id\":\"https:\/\/blog.planview.com\/#\/schema\/person\/475112b0203e554249899b3887eeb93e\"},\"headline\":\"Eight Rules of Effective R&D Portfolio Management – Enrich Consulting\",\"datePublished\":\"2012-10-22T21:35:43+00:00\",\"dateModified\":\"2023-07-21T17:29:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/blog.planview.com\/eight-rules-of-effective-rd-portfolio-management\/\"},\"wordCount\":184,\"publisher\":{\"@id\":\"https:\/\/blog.planview.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/blog.planview.com\/eight-rules-of-effective-rd-portfolio-management\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/media.planview.com\/enrich-blog\/wp-content\/uploads\/2016\/03\/white_paper.png\",\"articleSection\":[\"Product Portfolio Management\",\"Project Portfolio Management\",\"Strategic Planning\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/blog.planview.com\/eight-rules-of-effective-rd-portfolio-management\/\",\"url\":\"https:\/\/blog.planview.com\/eight-rules-of-effective-rd-portfolio-management\/\",\"name\":\"Eight Rules of Effective R&D Portfolio Management - 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