ProjectManager.com

MAY 14, 2024

Then we’ll define RAG status tolerance and go into the various project professionals who use RAG status when evaluating a project. When using RAG status, it’s first important to know how to define each color so you can use it to track your projects. The section on the project health goes over budget, schedule, quality and scope.

Software Review 331

Software Review Budget Closing Risk Management 331

Rebel’s Guide to PM

APRIL 10, 2023

It sounds simple – we all know we should do it, but it’s hard to know where to start for a new PMO. It’s everything a novice PMO Manager needs to know to support her project managers at work. Reading this was a pleasure; I’m sure I’ll refer to it again in the future – and if you work in a PMO, you should too.

PMO 407

PMO 2016 Estimate Initiating 407

Bridge the Gap Consulting

APRIL 24, 2023

You’ve done the PMO Assessment. Then you created the PMO Business Case. You’ve been to meetings and finally got approval to establish your PMO. Now, I’ve seen PMO Establishment and Implementation called out as two separate steps. Ensure your PMO will properly staffed. Budgeting Control.

PMO 52

PMO Governance Government Budget 52

WorkOtter

MAY 23, 2023

Setbacks in productivity can damage the success and growth of your business, which is why setting up a Project Management Office (PMO) to help handle and oversee various projects at once is a great way to avoid these issues. What Exactly is a PMO? Setting up a PMO can help with many different components of a business.

PMO 78

PMO Finance Controlling Defining 78

WorkOtter

JULY 12, 2023

The points below will assist you in carving out a PMO strategy that’ll make a difference for you. Understand the Advantages and Usefulness of Roadmaps First things first, you need to get to know the benefit of a project management office (PMO) roadmap. Define the major communication tool that you will use for these conversations.

PMO 78

PMO Software Review Planning Finance 78

ProjectManager.com

JANUARY 23, 2024

When you’re a PMP, program manager or portfolio manager, you need to deliver all those multiple projects on time and within budget. On the other hand, if an organization has underdeveloped management, the more likely that its projects will have trouble meeting deadlines and staying on budget.

Underperforming Technical Team 330

Underperforming Technical Team Risk Management Software Review Budget 330

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. The budget is overspent by more than 10%/outside tolerance.

Software Review 280

Software Review PMO Risk Management Closing 280

Rebel’s Guide to PM

FEBRUARY 2, 2024

Projects should have objectives that result in clearly defined outputs and benefits. Action if they aren’t clear: Ask the project sponsor to hold a workshop on defining this and providing ultimate clarity for everyone. For other areas of governance such as reporting and approval levels, talk to your PMO and get these in place.

PMO 296

PMO Governance Government Budget 296

WorkOtter

JUNE 1, 2023

If your business gets big enough, you might need a whole project management office (PMO). That’s why it’s important to learn about setting up a PMO. It’s like a central hub that helps make sure projects are done right, on time, and within budget. Read on to learn more about PMOs. What Exactly is a PMO?

PMO 78

PMO Executing Controlling Risk Management 78

Planview

JUNE 5, 2020

PMO leadership today is about more than being a purveyor of governance and delivering projects on time and on budget. The Savvy PMO fosters organizational agility, cultivates efficiencies, and drives growth strategies. Start with this quick-start post to becoming a Savvy PMO. The Journey to Becoming a Savvy PMO.

PMO 142

PMO Leadership Governance Government 142

Planview

MAY 9, 2023

In anticipation of International PMO Day, we began curating the stories for this PMO case study roundup several weeks ago. The PMO has a long history of driving significant benefits for the business. Partnering with Planview, Cognizant created a multidisciplinary team to build and implement the enterprise PMO roadmap.

PMO 78

PMO Transportation Governance Government 78

Bridge the Gap Consulting

APRIL 11, 2023

My favorite is the PMO assessment. Whether considering standing up a new PMO or revamping an existing, doing an assessment is a key initial step to setting one up. Though there are PMO maturity models, which are all good, I don’t like to talk about those right away. Yeah, I talk about this a lot when discussing PMOs.

PMO 52

PMO Cadence Governance Government 52

MPUG

MARCH 30, 2020

PMI describes the Project Management Office (PMO) as a strategic driver for organizational excellence. The PMO seeks to enhance the practices of execution management, organizational governance, and strategic change leadership. After two years, the PMO most likely dissolves. After two years, the PMO most likely dissolves.

PMO 111

PMO Technical Review Governance Government 111

Bridge the Gap Consulting

MAY 16, 2023

Once your PMO is up and running, operationalizing and doing continuous improvement (CI) go hand-in-hand. Sometimes CI may lead to changes to the PMO’s operations, but you’re only making more efficient something you’re already doing. Here are some aspects of operationalizing your PMO. PMO-Specific Reports.

PMO 52

PMO Cadence Underperforming Technical Team Monitoring 52

Rebel’s Guide to PM

JANUARY 31, 2024

The basics: defining quality Knowing how you are going to manage quality feeds into your quality plan (obviously). The APM BOK defines project quality as: “The fitness for purpose of the degree of conformance of the outputs of a process, or the process itself to requirements.” But, projects rarely have dedicated budgets for training.

Software Review 325

Software Review Technical Review Budget Defining 325

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. It could be over budget, running behind schedule or have uncontrolled scope changes (or all three).

Software Review 363

Software Review PMO Risk Management Closing 363

Rebel’s Guide to PM

APRIL 22, 2024

Securing the right resource (and enough of it) is a huge headache for PMO leaders and project professionals. and define how leaders can secure resources. The PMO can lead on this but everyone will need to follow the process for it to work. Resource allocation should be done consistently. This happened to me in a past role.

Technical Review 275

Technical Review PMO Risk Management Software Review 275

Planview

JUNE 28, 2019

Funding practices—that is, the way budgets are allocated throughout the organization—dictate nearly every business outcome. When implementing Lean-Agile practices at scale, organizations quickly realize that their push for agility conflicts with traditional budgeting and cost accounting practices. This is where Lean budgeting comes in.

Lean 103

Lean Budget PMO Underperforming Technical Team 103

Scrum.org

AUGUST 9, 2023

During a dinner conversation after the conference, you further discover that PMO (Project Management Office) can support you in leading an Agile transformation and successful Scrum adoption, by covering governance and ensuring alignment across the enterprise. Partner with the PMO, they are your key stakeholder.

SCRUM 149

SCRUM PMO Governance Government 149

Rebel’s Guide to PM

MARCH 12, 2022

Let’s say you work in a predictive environment and you have a defined project lifecycle with key decision points. The PMO will specify the route your project has to follow. If you are new to the idea or thinking about implementing one for your PMO, here is an example so you can see how it works. The stage gate process explained.

Prince2 389

Prince2 Governance Government PMO 389

Rebel’s Guide to PM

JUNE 24, 2020

Projects should have objectives that result in clearly defined outputs and benefits. Action if they aren’t clear: Ask the project sponsor to hold a workshop on defining this and providing ultimate clarity for everyone. For other areas of governance such as reporting and approval levels, talk to your PMO and get these in place.

PMO 505

PMO Governance Government Budget 505

Bridge the Gap Consulting

APRIL 18, 2023

Now it’s time to create a PMO Business Case and start moving the needle from idea to reality. If you notice, I call it a PMO Business Case, not a PMO Charter. I don’t like the word “charter” when talking about creating PMO’s. Below are some of the key components of a PMO Business Case.

PMO 52

PMO Executing Finance Risk Management 52

Rebel’s Guide to PM

DECEMBER 13, 2022

It helps project managers to make decisions about how to best complete a project within the iron triangle constraints of time, budget, and scope – and all the other constraints that fall outside the somewhat outdated triangle model! Define your values. Define your vision. The second step is to define your vision.

Leadership 360

Leadership PMO Defining Agile 360

Rebel’s Guide to PM

OCTOBER 10, 2022

Clearly defined reporting is an important governance element because it’s reports that tell the steering group what is going on. You’ll probably end up with a number of different types of reports going to different audiences: project reports, budget reports, briefings to senior managers, and others that you do on an ad hoc basis.

Governance 419

Governance Government PMO 2016 419

Rebel’s Guide to PM

MARCH 18, 2021

In project management, artifacts relate to documents: the project documentation you produce that defines and supports the work you are doing. Here are some examples: Budget Milestone schedule Scope baseline Performance measurement baseline. What is an artifact? An artifact is something you create. Visual data and information.

Logistics 509

Logistics Artificial Inteligence PMI Performance Measurement 509

ProjectManager.com

DECEMBER 13, 2022

Let’s first define lean portfolio management and then delve into how it works. Portfolio management teams learn about enterprise strategy and how to execute that strategy by allocating the budget. These principles are defining value, mapping the value stream, creating flow, establishing pull and pursuing perfection.

Lean 324

Lean Software Review Manufacturing Governance 324

Planview

OCTOBER 7, 2020

How w e ll your Proj e ct Manag e m e nt Offic e (PMO) or E nt e rpris e PMO (E PMO ) functions is conting e nt on two things: th e minds e t of e ach of your e mploy e e s and e stablishing a strat e gic top-down proj e ct portfolio cultur e.   Transparent adherence to a budget. The result?

PMO 78

PMO Underperforming Technical Team Technical Review Executing 78

ProjectManager.com

JUNE 15, 2021

So we thought it would be a great idea to take a look at what core qualifications are required of project managers and define their responsibilities and the common job descriptions for several PM roles. A project can begin and certainly is designed to fail if there first wasn’t a plan devised to see it through, on time and within budget.

Certification 441

Certification Prince2 Monitoring PMI 441

Planview

DECEMBER 13, 2019

A healthcare PMO today must have a strong constitution. Not only are they faced with challenges unique to healthcare, PMOs are also going through the trends mentioned in our recent post, “ Conquer Your Business Transformation.” This is where the healthcare PMO comes in, but the group agreed that it’s presenting challenges.

Healthcare 97

Healthcare PMO Innovation Lean 97

Bridge the Gap Consulting

JANUARY 12, 2023

Why do you want a PMO? That’s a hell of a question to ask when you’re the consultant asking a client why they want to start a Project Management Office (PMO). Yes, they’d read about a company in the same industry that stood up a PMO and was successful. ” PMO was born. Sounds like sunk costs to me.

PMO 52

PMO Finance Consulting Leadership 52

Rebel’s Guide to PM

OCTOBER 1, 2023

PRINCE2 defines it like this (take a breath before you read this long sentence): The procedures to monitor the specific products of a project and their development or delivery activities to determine whether they comply with relevant standards and of identifying ways to minimize causes of unsatisfactory performance.

Controlling 298

Controlling Prince2 Software Review PMO 298

Rebel’s Guide to PM

JULY 20, 2023

Mostly, the term refers to the project documentation you produce that defines and supports the work you are doing. Here are some examples: Budget baseline Milestone schedule Scope baseline Performance measurement baseline. Your PMO may define mandatory artifacts: a list of project documents that you must create for each project.

Logistics 253

Logistics Artificial Inteligence PMI Performance Measurement 253

Rebel’s Guide to PM

APRIL 21, 2021

They run meetings inefficiently, which results in participant frustration and complaints to VPs of PMO. They understand the semantics of creating a win-win situation whether when securing a budget or a resource for a project. A Good Project Manager is extremely efficient – whether with their time or resources. Communication.

2021 477

2021 PMO Executing Risk Management 477

Rebel’s Guide to PM

SEPTEMBER 20, 2020

It’s relatively easy for them to define a strategy, much harder to deliver it. Unfortunately too much of the discussion around project management skills is still rooted in hard skills and techniques: planning, scheduling , risk management , budgeting. Failure to execute strategy is seen as a project management issue.

Leadership 480

Leadership Influencer PMO Risk Management 480

Project-Management.pm

FEBRUARY 7, 2017

Implementing PMO is the key to combat such issue. With this, PMO will take over various components of the agency such as strategy , quality of the products, and enhancement of resource management. PMO is crucial and a key instrument in for the success of any existing agency. Implementing PMO Step#1: Evaluation .

PMO 73

PMO Governance Government Risk Management 73

EasyProjects

SEPTEMBER 29, 2020

The project management office (PMO) is typically an operating unit of a professional services firm. The writer worked for an extended period in two firms that may broaden the concept of the PMO. The writer worked for an extended period in two firms that may broaden the concept of the PMO. Introduction. Was it project-based?

PMO 52

PMO Underperforming Technical Team Software Review Consulting 52

Project Pulse Journal

APRIL 25, 2024

By: Hajime Estanislao, PMP, CSM Are there projects missing deadlines, going over budget, or failing to meet expectations within your organization? A Project Management Office (PMO) isn't just about oversight; it's about empowering your projects to deliver real value. Discover how a PMO can be a game-changer for your organization.

PMO 52

PMO Governance Government 2014 52