The Road to Effective Project Management Governance

Project-Management.pm

What really is project management governance? With countless articles and books in the business spectrum conveying such practice, project management governance is in the sense, subjective. There’s no correct description of it and it’s safe to say that individuals or groups who employ and encounter project management governance have developed their own understanding of it. Governance and Decisions. To be more precise, project management governance.

Kingspan Insulation Enables Growth with Successful Product Portfolio Governance

Arras People

If your organisation does not have effective product portfolio governance, growth can quickly become overwhelming and lead you into making inaccurate decisions. The post Kingspan Insulation Enables Growth with Successful Product Portfolio Governance appeared first on arraspeople. Growth is a good thing. Right? It means your business is doing well, reaching new customers, obtaining greater market share. Well, not necessarily.

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Kingspan Insulation Enables Growth with Successful Product Portfolio Governance

Arras People

If your organisation does not have effective product portfolio governance, growth can quickly become overwhelming and lead you into making inaccurate decisions. Growth is a good thing. Right? It means your business is doing well, reaching new customers, obtaining greater market share. Well, not necessarily. Kingspan Insulation knows this struggle all too well, but they conquered the challenge by adopting efficient product portfolio management. Here is a summary of their story….

Government Lessons in People Over Process

Leading Answers

I was working for IBM at the time and was able to persuade my account manager to pitch the approach on one of our government projects. We were all set for a big client success and who better than the British Government for good publicity! Something I was not aware of at the time is how the career development process works within the government. I first wrote this article for the Government themed November issue of ProjectManagement.com, available to subscribers Here ].

Your Basic Guide to IT Project Governance Framework

Project-Management.pm

IT project governance framework has since been the answer to this equation, but people seemed not to fully grasp its function. This article tackles the importance and significance of IT Project Governance Framework and its impact on the projects in the organization. Project governance is crucial component of every project since the responsibilities that come with it are interconnected with different business cases, as well as the project’s overall success.

2017 Project Management Trends To Watch

Girl's Guide to PM

This year I’m looking forward into 2017 to highlight some of the project management trends I think it is worth watching out for. A positive benefit to this could be employers putting existing professionals through the Higher Project Management Apprenticeship scheme, upskilling them at virtually no cost (or at least, through funds already paid to the government in the form of the levy). Will 2017 be the year we get our first Chartered Project Professionals?

2017 240

Reducing Corruption in Government Projects

Celoxis

Government projects are prone to corruption, even in countries where anti-corruption laws are strongly enforced. … best practices Blog PM reports PMO PPM productivity Project Management Trends work culture celoxis government corruption Online project management software project management project management best practices public sector project management web based project management tool

Government Lessons in People Over Process

Leading Answers

My first opportunity to create and run a large agile team did not start well. Having had good successes with small to medium sized agile teams I was keen to unleash the benefits on a bigger scale. I was working. Agile Project Management Books Leadership Retrospectives Teams Warning Signs

How to Develop a Strong Governance Process with These 6 Tips ?

Project-Management.pm

The two governance processes should be implemented constantly to keep track of the scope creeps, risks , opportunities, and also safeguard the following resources from running out. To stay within deadline means having a governance process that everyone will adhere to. Building up a governance process may be a little intimidating, especially if you don’t organize your project outline properly. Cet article How to Develop a Strong Governance Process with These 6 Tips ?

Governance

Herding Cats

Governance is about decision rights. Notions of self-organizing teams, self-direction, self-management need to be established inside a governance framework. When you hear about any process where management is NOT involved, ask first who's money are they spending

How to Keep Your Projects On-Time and On-Budget

Arras People

companies and government agencies an estimated $145 billion per year! Deltek is the latest member of the Arras People Software Directory , in this article they give a brief overview of how projects can be controlled and how software can help with this. From internal initiatives to major customer endeavors, there’s a universal truth: all projects are susceptible to cost overruns and schedule slippage.

Budget 235

Project managers, just say no!

Ron Rosenhead

project management governance project management project scope risk management saying no stakeholdersBut use what is in project management system and your people skills. Over the last 18 months I have seen more and more pressure placed on project managers. There is a huge demand from senior managers and stakeholder and clients to deliver quicker, with the same level of quality and of course, on budget!

2017 214

APM Salary and Market Trends Survey 2017 – A Review

Arras People

With the APM (Association for Project Management) releasing their latest research report APM Salary and Market Trends Survey 2017 I took some time out to see what they have to report and how this stacks up against our own Arras People 2017 PMBR (Project Management Benchmark Report). They could have then produced a great report entitled “ APM Salary and Market Trends 2017 ” which would paint a nice clear picture of one segment of the UK project management market.

2017 153

APM Salary and Market Trends Survey 2017 – A Review

Arras People

With the APM (Association for Project Management) releasing their latest research report APM Salary and Market Trends Survey 2017 I took some time out to see what they have to report and how this stacks up against our own Arras People 2017 PMBR (Project Management Benchmark Report). They could have then produced a great report entitled “ APM Salary and Market Trends 2017 ” which would paint a nice clear picture of one segment of the UK project management market.

2017 150

Efficient project governance should not be an oxymoron!

Kiron Bondale

Look up governance in Merriam-Webster’s dictionary and you’ll find this definition “ The way that a city, company, etc., is controlled by the people who run it “ This is certainly an appropriate meaning of the phrase when applied to corporate governance, but is not the most empowering vision for how projects need to be governed. Most staff would view governance as a necessary evil. So what should right-sized governance look like?

A Brief Introduction to Project Portfolio Governance

Brightwork

Situations like this are quite common in project management, making strong project portfolio governance essential. The rest of this blog will explore the importance of project portfolio governance in an organization, including a few ways a tool like BrightWork can help! What is Project Portfolio Governance? Just because someone has an idea for a… The post A Brief Introduction to Project Portfolio Governance appeared first on BrightWork.

Project Status Reporting – 6 Key Considerations

Project Health Check

The Project should then be reporting its status regularly to senior management via a Status Report, as part of its overarching Governance arrangement. We’ve recently been involved in a review and update to the Project status reporting and governance structure for a major organisation with circa 150 Projects live projects at any one time. So there you go, some basic high level considerations for Status Reporting and Governance that we’ve used.

2017 192

Project Manager Roles and Responsibilities: What does a PM Really Do?

Project Bliss

As the project manager, you may report to stakeholders, governance bodies, and anyone else who needs project information. The job title of “project manager” is pretty common these days. But project manager roles and responsibilities can be pretty vague if you’re not already familiar with them. I know this firsthand, just by watching reactions when I tell someone I’m a project manager. When I took my first job as a project manager, my mother asked what I do.

2017 196

Accountability on a Agile Software Development in the Presence of Governance

Herding Cats

So for projects that spend other people's money in the presence of uncertainty - Governance is a means to establish those shared principles. Governance is about Decision Rights. Specifying the decision rights and accoutability framework to encourage desirable behaviours in the developemnt and use of information technology and its supporting services. - IT Governance: How Top Performers Manage IT Decision Risght for Superier Results , Weill and Ross, Harvard Business School Proess.

What Can a Project Manager Do Next? The Project Manager Career Ladder

Project Bliss

The Portfolio Manager may also establish portfolio governance standards and procedures for approvals, reporting and other needs. Have you ever wondered what career path could be next on the project manager career ladder? There are many possible options where you can apply the valuable skills you’ve honed as a project manager. I previously wrote about the different career paths that can lead to project management. And a project manager role can be fulfilling and interesting.

2017 198

The Risk Management Plan

Project Risk Coach

Companies with strong risk governance may require that you use a standard set of risk categories.). Most of your project problems can be avoided or greatly reduced through risk management. The simple act of identifying and discussing risks goes a long way towards reducing problems in your project. Let’s look at how to start the risk management process. Here are some questions that we should answer. How will you identify risks? Who will be involved?

Risk 154

So this is why project management is failing.

Ron Rosenhead

Project Review/governance – ensure that there is strong project management review alongside project governance in place (Governance refers to the set of policies, regulations, functions, processes, procedures and responsibilities that define the establishment, management and control of projects, programmes and portfolios.). Give that person executive authority – within the companies governance processes!

2017 143

Improving portfolio management must be part of an agile transformation

Kiron Bondale

If governance committees aren’t selecting the right projects which are in alignment with strategic objectives, and only kicking off as many projects as can be effectively staffed, it won’t matter how efficient, empowering or customer-centric the organization’s delivery practices are. When we think of an agile transformation, improving portfolio management might not be high on the organization’s list of priorities.

2017 138

Managing Your First Strategic Initiative

Arras People

It will be interesting to see how many strategic initiatives British Airways will instigate in light of the recent issue of global computer failure causing chaos at Heathrow and Gatwick in May 2017 to rebuild consumer confidence in their battered brand. In addition, there are also governance functions—risk management, legal, etc.—that

The 30 Most Popular Project Management Articles from 2017

MavenLink

So where did many of the business and technology executives and professionals frequent to find the top content of 2017? Top 11 project management certifications for 2017 (CIO). Takeaway: Inadequate resources, overly aggressive timelines, underestimated costs, overlooked requirements, unanticipated complications, poor governance and human mistakes are key factors IT departments need to pay closer attention to in order to reduce project failure risk.

2017 62

What is VUCA?

Arras People

PRINCE2® gave us a framework within which to create governance over the use of the tool-kit. Including the resources of the PMBoK we all need to gather a tool-set and governance framework that supports us to: Create and cascade vision from Mission plus Market-place pressure and Values. The governance regime is one of constraint (protocols and interfaces) that give freedom of choice and actions that may be predictively or adaptively managed. No it’s not Spock.

2017 153

PPM and Agile transformations are two birds of a feather…

Kiron Bondale

Without this, cargo cult behavior will be seen from both portfolio governance participants and agile teams. At first glance you might think that there couldn’t be two organization transformations with greater difference than the adoption of project portfolio management (PPM) and the transition to agile delivery. After all, when problems occur, the former is often perceived as bureaucracy gone mad whereas the latter is negatively stereotyped as just do it chaos.

2017 159

PRINCE2 Agile Training: Logical Model Online Training Review

Girl's Guide to PM

Other products offered by this training company: PRINCE2®, PMP Exam Prep, other online PM courses including How to Estimate, Recovery of Troubled Projects, Project Governance. Training Company: Logical Model. Product reviewed: PRINCE2® Agile Bundle (includes exam fee, self-paced online training, support and mock exam).

So, you are about to start a project….?

Ron Rosenhead

project management governance benefits management project management project manager project risks project sponsor project start upThe project started with a real bang. It was like watching the rush hour at a major London railway station. There was a massive amount of activity, people asking for data (sometime twice of the same person), people in the team doing the same work, lots of meetings and lots of ‘activity.’ To the outsider it looked as though this was a project going far.

2017 156

Five expectations for agile tools…

Kiron Bondale

Without this, there is likely to be no consistency between product or project-based pods which will make it that much harder to enable a self-serve, lean governance and oversight model. Agile delivery does not mandate the use of software tools, but when scaling agile within large organizations with greater numbers of stakeholders, geographic distribution of pods, compliance requirements and similar enterprise challenges, tooling can improve efficiency and effectiveness.

2017 131

Higher Apprenticeships are now a route to a Project Management Career

Arras People

University education isn’t right for everyone and fortunately in April of this year new government legislation has now made it easier to embark on a career in project management without having to get a degree first. The Apprenticeship Levy came into force in April 2017 and is charged at a rate of 0.5%

2017 161

Are your project management success rates improving?

Ron Rosenhead

The report concludes that: “The path to increased progress is still very important and should, as outlined by our 2017 findings, includes”. The path to increased progress is still very important and should, as outlined by our 2017 findings, including those above. PMI Pulse of the Profession 2017. project management governance governance project management project risks project sponsor

2017 109

What is the Program Management Improvement and Accountability Act?

Moira Alexander

PMI's Pulse of the Profession report shows "only 64 percent of government strategic initiatives ever meet their goals and business intent -- and that government entities waste $101 million for every $1 billion spent on project and programs.". How does this bill impact PM practices within the federal government? The PMIAA bill impacts all areas of the government with the exception of the Department of Defense (DOD). How does this impact government agencies?

2017 125

Project Management Apprenticeships: A Game Changer for Business

Girl's Guide to PM

From April 2017 there will be another significant change in the project management world that will open up opportunities for those who choose not to take a university degree. With a growing recognition that a university education is not right for everyone (not least because of the student debt that would be accrued) both major employers and the Government are supporting young people to continue learning new skills once they leave full-time education at 18 years old.

2017 210

Project Start-Up: The Plan for a Plan

Project Health Check

Du ring the Project Start-up and planning phase, projects will execute detailed planning processes to produce a Performance Measurement Baseline of Cost/Schedule/Scope and an associated Project Management Plan. The project schedule will then steer the project through the foggy waters of its lifecycle and eventually help it to find its way to delivery and closedown. But what about the planning phase itself when the schedule doesn't exist yet?

2017 177

Moving from Permanent to Contracting in Project Management

Arras People

At the beginning of 2017 I started to think – would I prefer a contract project management role? So going back to the start of 2017 I started to think about project manager recruitment. But it will most likely only a matter of time before the government cotton on to this and update the rules. Thinking of making the jump from permanent into contracting roles? It can’t be that difficult can it?

2017 150

Slapping projects on top of the day job – what’s your solution?

Ron Rosenhead

project management governance delegation project management project management priorities risk managementMost of the articles written on this blog site come from a mix of research, working with clients and stories told to me. This one is a mix of working with clients and a story told. Let me set the scene. I was working with a long standing client and I asked the group what was the main project management problem they wanted to solve.

2017 153

Preventing Kickbacks to Those with the Power to Purchase

Project Risk Coach

He is the author of The Little Book of Local Government Fraud Prevention and Preparation of Financial Statements & Compilation Engagements. Moreover, your auditors–whether internal or external–should report their findings directly to those charged with governance of the company. Some vendors exploit the weaknesses of your employees This is a guest post by my twin brother Charles. He is a CPA and a Certified Fraud Examiner.

2017 161

Inspiring Women in Project Management: Amy Hamilton

Girl's Guide to PM

I currently perform IT Project Management for the US Government in Stuttgart, Germany. In my career I have served as an Army Officer on Active Duty, as a contractor in the IT field for the US Government and for the past ten years as a Government Civilian. Women have come a long way in project management and in the US Government. Today I’m interviewing Amy Hamilton. Amy’s spoken at a TEDTalk, served in the US Army, and is writing a book.

2017 251

How effective is your benefits management framework?

Kiron Bondale

In such cases, governance committees should determine whether expected benefits should be measured at a higher level and the contribution of individual projects pro-rated in some manner. Finally, governance bodies should specify a “kill threshold” so that projects whose benefits erode below this threshold will be terminated. Benefits management, like project risk management, is practiced poorly by most organizations.

2017 139