Bubble Diagram

Abstract

A Bubble Diagram or bubble chart is a 2 dimensional chart where bubbles representing for example projects are portrayed.

The horizontal axis often represents NPV, net present value/the size of the rewards of the project. The vertical axis represents the chance of success. The interesting part is the actual bubbles that can vary in several ways. Typically the size of the bubble will represent the ressource

is a smart way of presenting data in a clear and 

 hey hey

What is and How to cope with ineffective portfolio management?

PM is to align strategy with the crating of new products or projects Larger companies often experience a gap between corporate strategy and the actual perfomance

What is a bubble diagram?

A bubble diagram is a 2x2 matrix often with chance of success on one axis and the reward on the other. The size of the bubble then represent the resource cost.

What is the abundance of it?

Used by 41 % only 8 % use it as their dominant tool. It should maybe not stand alone as it is Supporting tool and cannot by itself alignment strategy.

Developments and implementation!

The important step in this phase is to figure how this should be used. The upstream processes needs to be in order so the necessary numbers are available for as a source for the diagram

The use of bubble diagram in the organisation

What are the benefits?

…to come

What are the pitfalls?

…to come

Discussion and comparison to alternatives

The bubble diagram is just one of the options that a company can use. The scoring models seem more popular as it takes several more aspects into account. However the bubble diagram gives a nice and visual representation that cannot be found anywhere else

Conclusion

Is it too hyped? Is the benefit worth the time used for this?