Remove 2017 Remove Finance Remove Performance Measurement Remove Process
article thumbnail

The Functions of a Project Management Office

Project Pulse Journal

A well-implemented PMO can transform your project delivery process , ensuring that every project is set up for success from the start. It is a focal point for project oversight, resource management, and decision support, providing the organizational structure used to manage people, processes, and tools in project execution.

PMO 52
article thumbnail

Fighting Uncertainty in Organizations, Including Matrix Ones

Epicflow Blog

Beyond just time, buffers can cover finances, manpower, and more. However, when implementing a buffer management system, a single focus on individual projects or processes can be short-sighted. This visual tool, when intersected with the buffer consumption rate, offers a clear picture of project performance.

2016 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Biases in Project Management and How to Remove Them

Herding Cats

Cognitive bias - a mistake in reasoning, evaluating, remembering, or other cognitive processes, often occurring as a result of holding onto one's preferences and beliefs regardless of contrary information. Because of that, we don't separate the thinking processes into a dual-system. A process based on tangible evidentiary materials.

article thumbnail

Fighting Uncertainty in Organizations, Including Matrix Ones

Epicflow Blog

Beyond just time, buffers can cover finances, manpower, and more. However, when implementing a buffer management system, a single focus on individual projects or processes can be short-sighted. This visual tool, when intersected with the buffer consumption rate, offers a clear picture of project performance.

2016 52
article thumbnail

Biases in Project Management and How to Remove Them

Herding Cats

Cognitive bias - a mistake in reasoning, evaluating, remembering, or other cognitive processes, often occurring as a result of holding onto one's preferences and beliefs regardless of contrary information. Because of that, we don't separate the thinking processes into a dual-system. A process based on tangible evidentiary materials.

article thumbnail

Decision Analysis - Ordinal and Cardinal Measures

Herding Cats

This method is the Analytic Hierarchy Process (AHP). Both analytical and laboratory studies are required at this level to see if a technology is viable and ready to proceed further through the development process. The core issue is Ordinal measures are subjective and provide little predictive value. The Wrap Up . References . [1]