How To Make 2019 A Successful Year for Your Projects

Girl's Guide to PM

Would you like to make 2019 a successful year for your projects? I asked people two questions: What should people managing projects be aware of as we go into 2019 to make 2019 their most successful year ever? What will you be doing in 2019 to have your most successful year ever?

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Three Key Takeaways from PMO Symposium 2019

Keyedin

PMO Symposium 2019 was held earlier this month in Denver, CO. This intense four-day event was packed with insights on building an adaptive, future-ready PMO. With the PMO currently under attack, the way a company must operate in the digital marketplace is by being more agile and open to consistent change. In doing so, your PMO can become the company’s ally in transforming itself into an adaptive, fast, flexible and competitive industry leader.

2019 60

Lean Portfolio Management: Lean Budgets and Investment Funding

Planview

Funding practices—that is, the way budgets are allocated throughout the organization—dictate nearly every business outcome. This is where Lean budgeting comes in. In traditional organizations, funding decisions are project-based, meaning budget is allocated on a per-project basis.

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Healthcare PMO: BCBS Roundtable Exchanges Thought Provoking Ideas

Planview

A healthcare PMO today must have a strong constitution. Healthcare PMO’s should ensure that the organization has the right portfolio mix to accomplish its goals and be able to pivot and re-prioritize as needed. See Cambia’s presentation at the Ignite 2019 conference here.

Is Joining a PMO the Right Career Move for You?

LiquidPlanner

Project managers wonder where the PMO fits in their career as many project managers are rewarded with more projects and higher complexity and scope—not detours into process, methodology, and compliance. Is joining a PMO a good career move? Will I be stuck if I go into the PMO?

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Why PMOs Fail: 5 Shocking PMO Statistics

Keyedin

As you can see from the quotes below, there is much to be concerned about as you set up your PMO and Project Portfolio Management (PPM) strategy. Since 2008, the correlated PMO implementation failure rate is over 50% (Gartner Project Manager 2014).

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5 Key Reasons Why You Need a PMO

Keyedin

Well a PMO is a great place to start, helping you to standardize processes and drive up project success rates. Here are the top 5 reasons why you need a PMO. Projects often come in late or over budget and fail to meet the objectives.

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The 5 Most Important Business Benefits of a Successful PMO

Keyedin

The program management office (PMO) can demystify project management processes and ensure both a strategic and tactical approach that is holistic and gets the most value from your projects. As business partners, your PMO teams will need to exhibit strategically-impactful results.

PMO 78

Why PMOs Fail: 5 Shocking PMO Statistics

Keyedin

As you can see from the quotes below, there is much to be concerned about as you set up your PMO and Project Portfolio Management (PPM) strategy. Since 2008, the correlated PMO implementation failure rate is over 50% (Gartner Project Manager 2014). Only a third of all projects were successfully completed on time and on budget over the past year (Standish Group’s CHAOS report). This misalignment has serious consequences for both the PMO and the business.

PMO 60

PMO Leaders: Creating Executive Conversations that Convert

Keyedin

Convert your executive sponsors and leaders to staunch supporters of your PMO. If your leadership team does not understand your PMO capacity and corresponding strategy, they may have a difficult time trusting you with their most crucial business goals. Not in the way leadership might characterize it, but because you’re not spending time developing your own PMs or PMO leaders to communicate well, in the right way, to executive stakeholders and sponsors.

Action! Four Ways to Build a Customer-Obsessed PMO

Keyedin

Get rolling on a new maturity plotline for your PMO, with four competencies that script a strategic change. Fall movie season is upon us and like your favorite new flick, your PMO might be undergoing a plot-twist as the year wraps up. As you start your budgeting and plan out goals for the year ahead, you might want to take a step back and look at your trajectory from a 1,000 ft.

PMO 60

PMO Leaders: Creating Executive Conversations that Convert

Keyedin

Convert your executive sponsors and leaders to staunch supporters of your PMO. If your leadership team does not understand your PMO capacity and corresponding strategy, they may have a difficult time trusting you with their most crucial business goals. Not in the way leadership might characterize it, but because you’re not spending time developing your own PMs or PMO leaders to communicate well, in the right way, to executive stakeholders and sponsors.

10 Places to Get Free Project Management Templates

Girl's Guide to PM

If you are looking for information on project budgeting, check out my blog over at ProjectManagement.com, The Money Files. edu project management template” and you’ll find quite a lot of universities have a PMO that makes templates available for general use.

2019 415

5 Key Reasons Why You Need a PMO

Keyedin

Well a PMO is a great place to start, helping you to standardize processes and drive up project success rates. Here are the top 5 reasons why you need a PMO. Projects often come in late or over budget and fail to meet the objectives.

PMO 78

Crystal-Clear Reporting Enables Your PMO to Deliver Value

Keyedin

Effective reporting—the intel from the field that gets distilled into cogent parcels for the right internal audience—is the lifeblood of a PMO. The organization is counting on the PMO to provide a level of company-wide visibility that didn’t exist before.

PMO 78

The 5 Most Important Business Benefits of a Successful PMO

Keyedin

For any Program Management Office, it is extremely important that you are able to show how your PMO delivers tangible and meaningful business benefits. Deliver programs on-time, within budget and according to scope. Increase the awareness of the value of the PMO and PPM process.

PMO 78

The Ultimate Guide to Easy Dashboards for Projects

Girl's Guide to PM

There’s no point in creating a dashboard that includes a box about forecasted budget if you don’t have any expenditure on your project because it’s all non-costed internal resource. Budget. You can track budget by phase. BVDash Project Budget Example.

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9 Essential Project Documents (With Templates)

Girl's Guide to PM

More recently, my projects have been operating under a formal PMO structure, and much of what goes in a project management plan is basically repeating the formal processes. Formal reporting to the PMO. Project Budget Tracker.

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Crystal-Clear Reporting Enables Your PMO to Deliver Value

Keyedin

In the case of the PMO (project/program management office), this reporting means a better enterprise view of resource usage, a cycle of improvement on project processes, the ability to intervene at the right time for struggling projects, and greater likelihood that the program is held to the desired budget and scope parameters. Effective reporting—the intel from the field that gets distilled into cogent parcels for the right internal audience—is the lifeblood of a PMO.

PMO 60

Three Ways to Transform Your PMO Into a Strategic Powerhouse

Keyedin

It’s proven that managing portfolios better creates cost efficiencies and helps companies complete more projects to specifications and to budget requirements. Transformed Performance: Let’s face it—when you’re prey to overruns and drastically hobbled by poor resource deployment, your PMO isn’t performing the way it should. Our solution allows you to clearly see your PMO metrics for the first time.

PMO 60

Doing More with Less: PMO Metrics to Keep You from Drowning

Keyedin

If you think a less mature or poorly optimized PMO will help you out of the mess you’re in, you’d do well to get a recording of the third in our series, Plan, Manage, and Measure— Doing More With Less: It’s Not Just a Mantra, It’s a Necessity! That the same-old, same-old triple constraint of time, deliverable and budget are no longer driving success? In this fable, are you the fox or the goat? There once was a fox that fell in a well.

PMO 60

The Importance of Training in Earnest

Arras People

At Execview we ensure that your project, programme managers and PMO staff are all fully trained to use our PPM tool by providing a full training package for all users and ongoing support. This is another key importance for any PMO as without governance and auditability you have no control.

2019 248

Three Ways to Transform Your PMO Into a Strategic Powerhouse

Keyedin

It’s proven that managing portfolios better creates cost efficiencies and helps companies complete more projects to specifications and to budget requirements. Transformed Performance: Let’s face it—when you’re prey to overruns and drastically hobbled by poor resource deployment, your PMO isn’t performing the way it should. Our solution allows you to clearly see your PMO metrics for the first time.

PMO 60

15 Easy-to-Do Types of Professional Development

Girl's Guide to PM

But the budget is tight. A community of interest can take many forms, from your professional community of project managers at work, perhaps organised by your PMO, an online community or an industry group or professional body that you are part of – one that has regular meet ups.

2019 416

Zombie Projects and How to Kill Them

Girl's Guide to PM

Government PMO,” says Derek Huether, an enterprise Agile coach and trainer. “It was a traditional PMO, filled with certified professionals doing very good work in very specific areas of expertise.

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Free Project Status Report Template

Girl's Guide to PM

For example: Budget position. If you are setting up a PMO for example, you’ll want your project managers to use something more formal. If you are involved in any kind of project, you’ll know that project sponsors want to see regular reports.

2019 361

PPM without Getting Fired? Step 5: Clear Your Calendar

WorkOtter

Unfortunately, some mistakes turn into implementation disasters where budgets, time, and the careers (of those who picked the software and planed the roll-out) go to die. Budget (include capitalization). Increase the budget dramatically.

2019 78

How to “Brexit Proof” Your Project Strategy

Arras People

Held at the prestigious IoD (Institute of Directors) the speakers looked at how Project Leaders could apply Agile PMO, risk management, project governance, procurement, and change management to the range of project controls and management challenges Brexit will pose.

Five Ways Capacity Planning Will Prove Your PMO’s Value

Keyedin

In the Q&A sessions of our webinars we get many questions concerning how to properly budget for resources. These are great questions and we know that every day, executive sponsors pressure the PMO leaders to “pull a rabbit out of their hats” when allocating resources. As a PMO leader, you know that skilful resource demand planning , without pushing your talent to their limits, is a better way to protect the bottom line.

PMO 60

Five Ways Capacity Planning Will Prove Your PMO’s Value

Keyedin

In the Q&A sessions of our webinars we get many questions concerning how to properly budget for resources. These are great questions and we know that every day, executive sponsors pressure the PMO leaders to “pull a rabbit out of their hats” when allocating resources. As a PMO leader, you know that skilful resource demand planning, without pushing your talent to their limits, is a better way to protect the bottom line.

PMO 60

Shifting from Projects to a Product-Centric Approach

Planview

In my last blog, “ Agile Transformation: The PMO’s New Paradigm ” we covered the significance of embracing different types of work and the role that continuous planning plays in becoming an Agile PMO—but that’s only the beginning. Project schedules can no longer be the PMO’s core focus.

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Project Management Statistics: 45 Stats You Can't Ignore

Workamajig

As we step into 2019, what project management statistics should you be aware of? File sharing, time tracking, email integration, Gantt Charts, and budget management are the top five most used and requested features in project management software.

2019 130

Lean Portfolio Management Operations: An Agile Approach

Planview

Part 2: Lean Portfolio Management: Lean Budgets and Investment Funding. Traditionally, in an effort to maintain alignment and consistency across the portfolio, organizations have dedicated a centralized Program Management Office (PMO) to planning, program management, and solution definition.

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Project Management Tools and Services to Consider for 2020

Brad Egeland

Plus, according to their product roadmap that I've discussed with them, they will be strengthening this even more in their upcoming 2nd gen agile planning and controlling component in their next major release 19 due later in 2019.

2020 136

Portfolio and Resource Management Tips to Gift Your PMO This Holiday Season

Planview

The best gift for your PMO: Portfolio and Resource Management tips. Your PMO @ Hyper-speed Workshops [Webinar]. Hyper-speed Revisited: The Role of the PMO in the Agile Enterprise [Webinar]. The Agile PMO: 5 Steps to Driving Agility at Scale [Whitepaper]. Watch out 2019.

PMO 78

Strategic Planning: The Types of Planning That Bring Your Strategy to Life

Planview

1) Project Financial Planning/Budgeting. With this type of planning, you can manage the budget/project forecast based on what was planned versus how much is actually being spent with snapshots of the project status. Lean and Agile PMO

Continuous Planning Equals Business Agility

Planview

Evaluate resource capacity and budgets. “Do Lean and Agile PMOYour organization’s ability to react quickly and pivot to changes and disruptions is crucial to remaining relevant to your customers.

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Project Management Q&A: I’m Getting Nowhere with My Job Applications. What am I Doing Wrong?

Arras People

Roles to look out for are co-ordinators; officers; analysts; controllers; planners and some will have PMO in the title. Anything where you’re able to demonstrate your knowledge of project management principles like planning, estimating, budgeting, working with a team, working on something with a specific successful outcome. I’ve applied for over 50 positions in the last few months and I’m getting nowhere – no feedback, no interviews. What am I doing wrong?

2019 227

5 Project Management Tools and Services to Consider for 2020

Brad Egeland

Plus, according to their product roadmap that I've discussed with them, they will be strengthening this even more in their upcoming 2nd gen agile planning and controlling component in their next major release 19 due later in 2019.

2020 127

Roadmapping: An Essential Planning Practice to Deliver Outcomes

Planview

This planning type will also help you understand the impact of any trade-off decisions while delivering on the portfolio’s target goals within your financial and capacity budgets. Lean and Agile PMO

2019 117