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The Functions of a Project Management Office

Project Pulse Journal

It includes monitoring the progress of projects in the portfolio, ensuring they deliver the expected benefits, and making necessary adjustments to the portfolio based on performance and strategic changes. Performance Measurement Implementing and maintaining performance measures and metrics is essential for assessing success.

PMO 52
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What is A System for Value Delivery in Project Management

Project Pulse Journal

Creating Value At the core of the system for value delivery lies the objective of creating tangible value for stakeholders through project initiatives; this involves identifying and prioritizing the outcomes, benefits, and deliverables that align with organizational goals, strategies, and stakeholder needs.

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Understanding the Organizational Governance System as Project Managers

Project Pulse Journal

Through established protocols and procedures, these systems offer a structured framework within which projects can unfold, guiding every step of the project lifecycle from initiation to closure. These knowledge areas provide a comprehensive framework for understanding and managing various aspects of projects, from initiation to closure.

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Compendium of Works to Increase Probability of Project Success

Herding Cats

Project Performance Management (#PPM). Technical Performance Measures (#TPM). Cost, Schedule, and Technical Performance Management (#CSTPM). Project Performance Management. Building a Credible Performance Measurement Baseline - without a good foundation, nothing can be built. Risk Management (#RM).

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Fighting Uncertainty in Organizations, Including Matrix Ones

Epicflow Blog

For example, if a project task initially includes a 20-hour time buffer and only 10 hours are needed, the remaining 10 hours can be reallocated or saved for future needs. Historical performance measured in Epicflow Conclusion While time buffers are valuable tools, their utility is severely compromised if capacity buffers are ignored.

2016 52
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Deconstructing the Hertz and Accenture Debacle

Herding Cats

Because of Hertz's work with Accenture in the initial planning phases, Hertz trusted Accenture to lead the project and deliver website and apps that met Hertz's business requirements. Accenture committed to delivering an updated, redesigned, and re-engineered website and mobile apps that were ready to “go-live” by December 2017.

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Decision Analysis - Ordinal and Cardinal Measures

Herding Cats

TRL 2 occurs once the basic principles have been studied and practical applications can be applied to those initial findings. 2] "Evaluating Risk: A revisit of the Scales, Measurement Theory, and Statistical Analysis Controversy," J. 3] “Measurement Scales and Statistics: The Misconception Misconceived,” J. References . [1]