ProjectManager.com

JANUARY 10, 2024

Project managers are constantly making requests to the project management office (PMO). A PMO is setting the tone for how projects are managed and should structure its activities as they demand projects. But there are only so many resources in which to do this and, therefore, the PMO must prioritize projects. That’s normal.

Process 362

Process PMO Software Review Estimate 362

ProjectManager.com

DECEMBER 6, 2023

Usually, companies have a project management office (PMO) that will oversee the portfolio or program to ensure it meets strategic goals. These are high-level positions for people who already are tasked with managing projects, programs and portfolios as well as the aforementioned PMO. Let’s take a moment to define these positions.

Planning 408

Planning PMO Manufacturing Logistics 408

Project Risk Coach

NOVEMBER 28, 2017

He thinks his project managers have identified most of their risks, but he’s not sure where to focus his attention. What areas have the highest risk exposure? Let’s look at how to actually define risk categories and how they can help Tom (and you). What are Risk Categories? Why Use Risk Categories?

Defining 292

Defining Risk Risk Management PMO 292

The IIL Blog

MARCH 26, 2024

The Project Management Office (PMO) is no exception. In this article, we will explore the rise of the AI-powered PMO and provide actionable strategies for project managers to thrive in an AI-augmented environment. Here is a foundational Generative AI PMO Template, along with guidance on how to customize and use it effectively.

PMO 88

PMO Generative AI Technical Review Software Review 88

Scrum.org

APRIL 10, 2023

Pre-requisite For Stakeholder Engagement Stakeholder Exploration techniques In this article, we will discuss, Part 2 of Stakeholder Engagement i.e. Stakeholder Analysis and Mapping. Stakeholder Analysis The definition we discussed in the previous article. Pro Tips for Stakeholder Analysis: Don’t do it alone.

Influencer 207

Influencer Governance Government Consulting 207

ProjectManager.com

DECEMBER 7, 2023

This systematic analysis of external and internal environmental factors is part of the larger strategic management of a project. An EEF project management tool is a SWOT analysis, which can help identify enterprise environmental factors and determine their strengths, weaknesses, opportunities and threats.

Underperforming Technical Team 352

Underperforming Technical Team Influencer PMO Governance 352

Musings on Project Management

OCTOBER 21, 2020

And within the business there may be transactional relationships among business units and the PMO. In project situations, there are usually many counter-party transactional arrangements, such as contractors and suppliers with transactional relationships.

Risk 321

Risk PMO Defining Risk Management 321

Epicflow Blog

AUGUST 3, 2022

For this purpose, a great number of organizations started to set up a project management office (PMO) – according to the 2021 report on the state of project management [1], 82% of organizations reported to have one. . Read further to find out answers to these and other essential questions about a PMO. . What is a PMO?

PMO 98

PMO 2021 Risk Management Initiating 98

MPUG

JUNE 5, 2023

In today’s discussion, we’ll explore the intriguing concept of the Digital Project Management Office (PMO). You may ask, “What is a Digital PMO?” Understanding the Concept of the Digital PMO The Digital PMO, as its name suggests, integrates digital project management tools at its core.

PMO 59

PMO Technical Review PMI Innovation 59

ProjectManager.com

OCTOBER 6, 2022

They do so by establishing project prioritization criteria that weigh the pros and cons of existing projects and potential projects and then make a decision based on their analysis. Each of them has pros and cons depending on your portfolio management or PMO needs. Potential risks. Cost-benefit analysis. Scoring Model.

PMO 373

PMO Risk Management Risk Defining 373

ProjectManager.com

JANUARY 12, 2024

Strategic workforce planning is used by an organization or its project management office (PMO) to achieve its long-term plans. It addresses external workforce factors that might impact the larger business and maintains organizational capacity while minimizing risk exposure. You should strive for continuous improvement.

Planning 353

Planning Estimate Risk Management Budget 353

Project Risk Coach

OCTOBER 12, 2020

I've also had the joy and the pain of implementing three Project Management Offices (PMOs), two in Information Technology Departments and one Enterprise PMO. Through the years, I've noted many reasons that PMOs fail or struggle. It's rarely just one thing; it's usually a combination of things. Here is a list of causal factors.

Technical Review 269

Technical Review PMO Leadership Information Technology 269

Rebel’s Guide to PM

MARCH 14, 2024

Uses of AI in project management AI is in use by project delivery practitioners and Project Management Office professionals, generally through tools like ChatGPT or Microsoft Copilot, and more specifically such as in tools designed to support particular domains like AI in risk management. 23% of organizations are using or planning to use RPA.

Artificial Inteligence 377

Artificial Inteligence Technical Review 2028 PMI 377

Rebel’s Guide to PM

JULY 28, 2023

B Blue Project closed R Red Project is likely to deliver late/over budget A Amber Project has missed some targets but overall end date/budget is not at risk G Green Project on track As you can see, this equates to the acronym BRAG. Check with your PMO. There’s a significant level of project risk with no plans to address that risk.

Software Review 287

Software Review PMO Risk Management Closing 287

Rebel’s Guide to PM

SEPTEMBER 26, 2022

The overall change is managed as a program, under a program manager who consolidates program-level risks, manages resource conflicts across all projects, controls the budget and works with business owners to realize the benefits across all the initiatives. There are multiple projects with interdependent resources, risks, and timelines.

PMO 280

PMO Technical Review Leadership Risk Management 280

Rebel’s Guide to PM

MARCH 18, 2021

Assumption log Risk register Backlog (see, agile project artifacts are relevant too) Stakeholder register. Work breakdown structure Product breakdown structure Organizational breakdown structure Risk breakdown structure. You can grab the set I use here. These documents represent a set of continuously evolving documents.

Logistics 510

Logistics Artificial Inteligence PMI Performance Measurement 510

ProjectManager.com

AUGUST 29, 2023

Cost Benefit Analysis How to calculate the potential benefits of a project in terms of money and then subtract the cost of the project from this figure. A cost benefit analysis will then determine if the project is worth the investment and whether it should be initiated or passed on. Learn more about risk management here.

Software Review 397

Software Review Underperforming Technical Team Lean Event Chain 397

Rebel’s Guide to PM

OCTOBER 15, 2021

B Blue Project closed R Red Project is likely to deliver late/over budget A Amber Project has missed some targets but overall end date/budget is not at risk G Green Project on track. Check with your PMO. There’s a significant level of project risk with no plans to address that risk. What is a ‘Red’ project?

Software Review 376

Software Review PMO Risk Management Closing 376

Rebel’s Guide to PM

SEPTEMBER 27, 2020

The overall change is managed as a program, under a program manager who consolidates program-level risks, manages resource conflicts across all projects, controls the budget and works with business owners to realize the benefits across all the initiatives. There are multiple projects with interdependent resources, risks, and timelines.

PMO 332

PMO Technical Review Leadership Risk Management 332

Planview

DECEMBER 23, 2019

Regardless of whether you’re still learning how to prioritize projects or you’re a seasoned veteran, you can walk away from this blog knowing how to become a Savvy PMO. It may require a little experimenting to find the right method to match the needs of your PMO and organization. Constraint Analysis. Here’s how. Gain Knowledge.

PMO 78

PMO Risk Management Risk Monitoring 78

Project Risk Coach

NOVEMBER 30, 2020

John is fortunate to work in the Project Management Office (PMO) with several senior project managers. The PMO Director continually reinforces the need to apply a strict code of conduct. stakeholder, project charter, risk analysis) used by the group. Ask the individual to explain their assigned task to you. How About You?

Underperforming Technical Team 321

Underperforming Technical Team PMO Risk Management Information Technology 321

MPUG

MAY 6, 2024

In Part 1 of Effective Use of Artificial Intelligence Tools , we explained AI and its uses for predictive analysis in Project Management. Natural Language Processing (NLP) One of the key AI applications is automating document analysis, particularly in the critical phases of requirements gathering and stakeholder communication.

Artificial Inteligence 98

Artificial Inteligence Risk Management Risk Monitoring 98

Epicflow Blog

MAY 12, 2023

And that’s no wonder – an effectively working PMO can streamline a company’s project management processes, improve their outcomes, optimize costs, and facilitate achieving an organization’s business objectives. However, despite their increasing popularity and significance, PMOs face a number of difficulties. Сhallenge #2.

PMO 59

PMO Software Review Executing Risk Management 59

Rebel’s Guide to PM

APRIL 21, 2021

They perform competitor analysis and evaluate alternatives. They run meetings inefficiently, which results in participant frustration and complaints to VPs of PMO. Instead, he or she provides recommendations and options as well as highlights potential risks to consider in order to estimate a given task. Jahn Karsybaev.

2021 482

2021 PMO Executing Risk Management 482

Rebel’s Guide to PM

FEBRUARY 10, 2020

Instead, people with PMO job titles are in a crucial support function. Here are some common job titles you’ll find within the PMO. They may do reporting, data analysis and other admin tasks. PMO Analyst: This is another relatively junior job title, for someone who works in a PMO. These are not delivery roles.

PMO 353

PMO Construction Retail Infrastructure 353

Rebel’s Guide to PM

JANUARY 24, 2022

It’s a way of automating repetitive tasks and it’s having a bit of an impact on the PMO community. AI can accurately identify potential risks in a project and augment a project leader’s decision-making ability by analyzing data from multiple projects at the same time.”. A strategic shift for PMOs. Why is it important?

2022 486

2022 PMO Risk Management Artificial Inteligence 486

Planview

JANUARY 24, 2020

Today’s enterprises are increasingly looking to the PMO to boost the bottom line. The risk of poor capacity is the inability to resource projects. This quote, from one of Planview’s global Consumer Packaged Goods (CPG) customers, characterizes the challenges and risks organizations face with resource planning.

PMO 88

PMO Planning Initiating Risk Management 88

MPUG

MARCH 15, 2024

AI operates through complex algorithms and data analysis to simulate human intelligence in machines. Over time, and with sufficient data, AI systems improve their accuracy and efficiency in tasks such as speech recognition, image analysis, decision-making, and natural language understanding.

Artificial Inteligence 116

Artificial Inteligence Technical Review Risk Management Healthcare 116

Rebel’s Guide to PM

JULY 20, 2023

Some examples of the project delivery artifacts that fall into this category that I use to manage my own projects at work include: Assumption log Actions log Decision log Risk register Issue log Change log Backlog (see, agile project artifacts are relevant too) Stakeholder register These documents represent a set of continuously evolving documents.

Logistics 258

Logistics Artificial Inteligence PMI Performance Measurement 258

Rebel’s Guide to PM

OCTOBER 29, 2022

AI is already a feature in some project management tools and robotic processing will help automate routine PMO tasks. I don’t know yet what this would look like in a project setting beyond the innovations we are seeing in AI, particularly in the PMO. According to Deloitte, 70% of organizations are exploring or using AI.

Artificial Inteligence 484

Artificial Inteligence 2023 Technical Review 2027 484

Strategy Execution | PMO Perspectives

APRIL 20, 2020

Ahead of its January meeting in Davos, the World Economic Forum published its Global Risks Report 2020, based on the input of 750 experts and outlining the biggest risks faced by economies over the next 10 years [1]. And if the WEF didn’t see a risk coming, then what hope do we have? Surely no-one could have predicted Covid-19?

2020 95

2020 Risk Risk Management Technical Review 95

Strategy Execution | PMO Perspectives

AUGUST 8, 2019

Back in 2015, we took a look at the five advanced training options for people working in PMO. Four years on and a few things have changed in the PMO field. There is now another PMO certification option available alongside P3O from AXELOS and the PPSO ones from BCS, both of which feature in the last article. Business Analysis.

PMO 56

PMO Certification Influencer 2015 56

Rebel’s Guide to PM

NOVEMBER 2, 2023

Controls excesses/shortages of resources An efficient resource forecasting tool enables you to perform multidimensional capacity vs. demand analysis based on role, department, team, location, skills, etc. It puts projects at risk with delivery delays and cost escalations. A moderator helps for the success of this approach.

Underperforming Technical Team 302

Underperforming Technical Team Technical Review Software Review Estimate 302

Rebel’s Guide to PM

MAY 4, 2021

It will be something we see more of and it will lead into other trends – for example, driving data analysis and giving recommendations for decisions. They talk about the impacts as: providing business insights, risk management, human capital optimisation, action taking and active assistance.

Artificial Inteligence 480

Artificial Inteligence PMI 2021 PMO 480

Rebel’s Guide to PM

SEPTEMBER 22, 2020

AI is already a feature in some project management tools and robotic processing will help automate routine PMO tasks. I don’t know yet what this would look like in a project setting beyond the innovations we are seeing in AI, particularly in the PMO. According to Deloitte, 70% of organizations are exploring or using AI.

2020 522

2020 Technical Review 2027 2030 522

Planview

SEPTEMBER 18, 2023

Consider these changes faced by PMOs in recent years: The call to infuse agility and become a modern PMO. The pressure to evolve is mounting for the PMO, which needs to adapt to new digital strategies – and more strategic, product, or initiative portfolios – while bridging traditional practices.

2025 78

2025 2023 Technical Review PMO 78

Strategy Execution | PMO Perspectives

AUGUST 1, 2019

Once Upon Another Time , Business Analysis was only performed in large companies, with large mainframes and even larger teams that spanned IT, marketing and finance. Business analysis involves principally two things:-. This post first appeared on PMO Perspectives Blog. Then they moved to your desktop. What, Another Dashboard?

2018 65

2018 Finance PMO Estimate 65