5 Portfolio Capacity and Capability Management Flashcards
objective for portfolio Capacity and Capability Management
to ensure that the capacity and capability demands are alligned with the portfolio´s objectives.
Def capacity and capability management
framework based on guiding principles , consisting of tools and practises to identify, allocate and optimize ressources for maximizing ressource utilisation and minimizing ressource conflicts
Def capacity management
adresses what types of ressources are needed, how many are needed and when they are needed to support portfolios
def capability management
elaborates what aspects of resource capacity are available and adresses the attributes, competences, and skills associated with ressources and organizational support for portfolios
Main categories of capacity (4)
- human capital
- financial capital
- assets (mashinery, office space,…)
- intellectual capital
components of capacity management (4)
- capacity planning
- demand management
- demand optimization
- reporting and analytics
components of capability management (4)
- capability assessment
- build new capabilities
- sustain existing capabilities
- report and analytics
content of capacity planning
forecasting of resource demands vs. available supply/ capacity
content of supply and demand management
allignment between overall supply and demand of human, financial, assets and intellectual capital via S+D analysis
def capacity balancing
balancing demands or resources with the output of the portfolio or the portfolio´s resultant value
content of supply and demand optimization
ongoing measuring & monitoring process
Def Capability
the ability of an organization through its people, processes, and systems to execute an entire portfolio of initiatives for delivering goods and services
def capability assessment
internal analysis regarding what the organization has or does not have and what it can not do.
information to be gained from a capability assessment (5)
- current state of the organisation
- gaps between existing and desired capabilities
- early warning of roadblocks
- organizational agility
- learn what needs to be done when to achieve organizational goals
- …
Def Competence
individual caracteristics including knowledge, skills, abilities, self- image, traits, mindsets, feelings,…