lean portfolio management (LPM)
Lean Portfolio Management (LPM) is about lean portfolio management. It is about funding strategies and investments in project management, implementing them, and aligning them with business management. LPM management is designed to improve the business agility of a lean enterprise.
Lean portfolio management (LPM) responsibilities include lean governance with lean business management, investment financing linking the portfolio to the business strategy and ensuring budget compliance, and agile portfolio operations with value stream coordination.
It is important to link the portfolio to the business strategy, work out differences of the current state to the desired future state, and realize the portfolio vision of lean budgeting with decision making. It is important to create an understanding of the strengths, weaknesses and threats.