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The Need for an Innovative PMO

MPUG

Without a constant flow of innovation, no company can expect to prosper – or perhaps, even survive. Traditionally, the department managing the flow of projects, including innovation initiatives, is the Project or Portfolio Management Office (the PMO). According to the Project Management Institute, 71% of companies have a PMO, a steady rise over the past ten years. One that allows for the flow of innovation to align with the structure of the traditional PMO.

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? You can scroll down and get the highlights, and then read all the advice in the How To Make 2019 A Successful Year for Your Projects ebook. Now 2019 is here, I think that’s’s a cop-out.

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Healthcare PMO: BCBS Roundtable Exchanges Thought Provoking Ideas

Planview

A healthcare PMO today must have a strong constitution. These include realizing Agile-at-scale, embracing the changing world of work, and creating an innovation culture. Challenges Connecting Strategy and Delivery: “How do we ensure we are investing in the right things?”.

Types of Planning Crucial to Delivering on Strategy

Planview

In this blog series, we will be discussing five types of planning that are crucial to delivering on strategy with a dynamic and continuous approach. Our penchant for applying technology to every problem often makes innovations and development more complicated. They require people, strategies, work, outcomes, and technology. Stick with us and in the end, you’ll understand what it takes to create plans that will enable you to continuously connect strategy to delivery.

Webinar Recap: How Innovation & Portfolio Management Office Underpins Corporate Success

MPUG

Please find below a transcription of the audio portion of Tad Haas’ How Innovation & Portfolio Management Office Underpins Corporate Success webinar being provided by MPUG for the convenience of our members. Kyle: Hello everyone, and welcome to today’s MPUG webinar, How Innovation & Portfolio Management Office Underpins Corporate Success. Tad: The conversation today is built off a white paper called Innovation and Portfolio Management Office.

The 5 Most Important Business Benefits of a Successful PMO

Keyedin

Enterprises struggle with uncovering how to best use project portfolio management (PPM) tools to accelerate their business benefits and fulfil business strategies. 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. Once visibility gets everyone aligned behind real-time facts, you’re more likely to be aligned behind overall PMO goals.

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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. Hopefully you don’t turn your PMO into a horror movie along the way, but you might be able to create a thrilling ride as you focus on customer outcomes and prepare for the changes ahead.

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The Journey Towards Embracing Agile: A Holistic Approach for the PMO

Planview

The past four blogs in our series are based on the whitepaper, The Agile PMO: 5 Steps to Driving Agility at Scale and have centered around how the PMO can guide the enterprise towards greater agility. It requires the PMO to reinvent itself from a central command organization to one that enables and empowers with “just enough” governance and an eye on a more product-centric approach. It requires that the PMO start embracing agile. Lean and Agile PMO

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Enterprise Agility in Financial Services: Learnings from the 2019 Planview Horizons Customer Conference

Planview

We facilitated a roundtable discussion of our customers at the 2019 Planview Horizons Customer Conference where enterprise agility in financial services organizations was discussed. Senior leaders provide space to innovate, but not how.

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Critical Project Management Skillsets for the Future

Strategy Execution | PMO Perspectives

In 2019, Strategy Execution conducted a global survey among project execution professionals across the world to better understand the skill and capability gaps preventing organisations from executing successfully on their most critical strategic priorities. 86% of respondents also felt leaders need help to develop a problem-solving mindset and tool-kit so they can resolve issues in different ways and think more innovatively about the projects they are working on.

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Five Highlights of the 2020 PMI Job Report

Arras People

One thing is clear though, if AI is going to figure highly in the workplace in the very near future, the business strategy and resulting plans need to be in place before any real adoption can start. Does your business have an AI-related business strategy? Project Management PMO report

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5 Ways to Become Agile: A Summary

Planview

Throughout this series, we’ve discussed the five ways to become agile, addressed the primary issues and roadblocks, as well as the critical steps required to transform the PMO, all based on the whitepaper, The Agile PMO: 5 Steps to Driving Agility at Scale. Part 1: Driving Agile at Scale: The Agile PMO. The speed and flexibility of Agile make it an attractive working mechanism for the entire organization, and the PMO is in the ideal position to lead the way.

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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. Customer demands are not static; they change as technology evolves and accelerate the pace of innovation. Project schedules can no longer be the PMO’s core focus. Lean and Agile PMO

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How is Design Thinking Used to Get Project Results?

Strategy Execution | PMO Perspectives

It is especially useful for situations where project managers need to re-frame the way they view an issue, challenge internal assumptions, or truly innovate. On a basic level, the design thinking process can be broken down into three main steps, which are covered in the Strategy Execution design thinking course, entitled Design Thinking for Results. Sensemaking – This step is all about ideas, innovation and envisioning solutions. Increased Opportunities For Innovation.

Roadmapping: An Essential Planning Practice to Deliver Outcomes

Planview

In part II of this series, Strategic Planning: The Types of Planning That Bring Your Strategy to Life , we reviewed the first three planning types from the eBook, “Planning Deconstructed: 5 Types of Planning Crucial to Delivering on Strategy with a Dynamic and Continuous Approach,” covering financial and budgeting project plans, strategic planning, and program planning. Lean and Agile PMO

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Cultivating an Adaptive Mindset

Strategy Execution | PMO Perspectives

In today’s complex business world it’s a ‘growth mindset’ that is required from our leaders to navigate the complexity of our new business context and successful execute strategy. We are not only struggling to lead and execute strategy in our current VUCA world, but there is more ahead. This mindset needs to cross the boundaries of fundamental aspects that make our business function; Work, People and Strategy. Innovation is suppressed under stress.

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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. Image: Tracking & reporting in Forecast) By having your operations managed automatically, your teams empowered and with accurate reports, you can carve out time for what really matters, like innovation, creativity, and building strong client relations.

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Lean Portfolio Management Operations: An Agile Approach

Planview

Traditional approaches, which are typically more lengthy and linear in fashion, may inhibit the flow of innovation and value through your organization, and as such, making it challenging to undergo a Lean-Agile transformation without transforming your organization’s approach to portfolio management. Through centralizing key elements of portfolio operations by utilizing new, different operational functions such as an Agile PMO, and Lean-Agile Centers of Excellence (LACE).

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The Zombie PMO Outbreak [Infographic]

Planview

The Zombie-PMO apocalypse is here. They must drive digital transformation and fuel growth strategies by delivering complex programs across the organization at speed. PMOs can no longer focus on standardization, governance, or control when the business needs agility, flexibility, and innovation. The result is an outbreak of Zombie PMOs that are simply going through the motions instead of being innovative and fully agile. ” PMOWarning!

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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]. As a PMO leader, you are in a prime position to drive strategic outcomes by planning and managing today’s complex, cross-organizational programs and projects that will drive value to the enterprise. Learn how to become an influential advisor and contributor to strategy and deliver value in this 5-part workshop series. The Zombie PMO Outbreak [eBook].

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The World of Work is Changing—Here’s How You Can Embrace It

Planview

How quickly does your organization adapt and respond to changes, and at what speed does your team deliver on top-down strategies? Also, is your organization considering all work methods to achieve the strategy that actually delivers what your customers want? For example, a global manufacturing company leverages their R&D organization to track engineering projects work, innovation programs, as well as status and progress of portfolios. Connecting Strategy to Delivery.

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Getting Started with Agile Portfolio Management

Keyedin

Tom Raper, our excellent Director of Product Solutions, had the opportunity to present a session at the PMO Symposium earlier this month. You can also read more about our key PMO Symposium takeaways. Agility helps you deliver products faster, innovate more creatively and stay ahead of the competition. Adopt a Product Delivery Strategy. The first step when getting started with Agile portfolio management is to embrace a product delivery strategy.

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Start Viewing Your IT Department as a Strategic Partner to the Organization

Planview

We’ve discussed how portfolio-driven performance improves project delivery, how and why you must align strategy, financials, and execution, and why the relationship between demand and project management is so important. They are strategic partners who can play a role in helping their companies become more innovative and nimble. And some IT departments are directly involved in the product development process, creating innovative technology services expressly for external customers.

Top Project Management Conferences in 2020

Epicflow Blog

Moller – Maersk, and FIFA to exchange their opinions and discoveries regarding digital trends including topics on stakeholder management, content strategy, marketing automation, AI in PM, mobile business, and many other up-to-date topics. Learn about digital transformation, engagement strategies for employees and management, and how to manage stakeholders in digital projects. Read on: Project Management Trends in Manufacturing in 2019. CEO, Knowledge Strategies, LLC).

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Using Portfolio-Driven Performance to Improve Project Delivery

Planview

As a result, innovation and agility are becoming more vital than ever as organizations fight to compete in today’s marketplace, something attained through portfolio-driven performance to improve project delivery. All these changes and more impact organizations, and only the most adaptive and innovative will survive. But, under this strain, how does an organization remain innovative and productive? Most organizations have strategies, or a strategic plan of some sort.

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The Top Five Skills for Project Leaders

Strategy Execution | PMO Perspectives

All business initiatives are achieved through projects, so assessing and ranking these projects in order of importance to the business strategy give organisations the confidence to embrace risk. With the speed of change in technological innovation, the growth of customer power and globalisation, a continuous training culture will help organisations maintain the fundamental skills needed for successful strategic execution. This post first appeared on PMO Perspectives Blog.

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Decision Making in Complex Project Environments

Strategy Execution | PMO Perspectives

Leadership and Strategy Execution in a Chaotic World. Collaboration is the key to innovation where we can grow our ideas and stress test them with others. For more on the PSC… Strategy Execution and Duke Corporate Education have partnered to create and deliver the Adaptive Strategic Execution Programme. Research shows that great innovation rarely comes from single eureka ideas, but rather from combining existing ideas in novel ways.

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Join Us at the PM Times Online Conference!

Keyedin

Studies show investment in project management and formal PM training lead to higher success rates and better delivery on organizational strategy. From a recent article at Gartner , “Too many organizations leave strategy realization to chance. This is why creating and executing on a solid innovation-driven strategy is key.” BA&PM Times Conference is a great way to learn more about how to be an innovative and successful leader.

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Design-Thinking and Project Management

Strategy Execution | PMO Perspectives

In today’s volatile, uncertain, complex and ambiguous (VUCA) business environment, organisations need speed, innovation and breakthrough solutions if they are to achieve. In a previous blog How to Structure Your Organisation to Drive Innovation , we discussed how strategic project management supplies the key ingredients for choosing and executing innovative products that align with an organisation’s overall strategy. Isolating strategy from execution.

Join Us at the PM Times Online Conference!

Keyedin

Studies show investment in project management and formal PM training lead to higher success rates and better delivery on organizational strategy. From a recent article at Gartner , “Too many organizations leave strategy realization to chance. This is why creating and executing on a solid innovation-driven strategy is key.” BA&PM Times Conference is a great way to learn more about how to be an innovative and successful leader.

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Going from Project Completion to Product Delivery – What every project manager should know

Keyedin

As project management office (PMO) leaders become less focused on activities and more driven by outcomes, it has changed some of the fundamental ways we execute on projects. For PMO staff, those three items have been the trifecta of governance and a key indicator that they’re doing their jobs properly. Product delivery, on the other hand, creates opportunities for continuous innovation because it is focused on creating solutions that deliver customer and business value.

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Top Project Management Conferences in 2020

Epicflow Blog

Moller – Maersk, and FIFA to exchange their opinions and discoveries regarding digital trends including topics on stakeholder management, content strategy, marketing automation, AI in PM, mobile business, and many other up-to-date topics. Learn about digital transformation, engagement strategies for employees and management, and how to manage stakeholders in digital projects. Read on: Project Management Trends in Manufacturing in 2019. CEO, Knowledge Strategies, LLC).

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The Future of Resource Management: Are You Prepared?

Keyedin

If they have an entire PMO to manage, this skill might very well hold the key to that PMO’s future—as a trusted business partner or as a department that produces very little business value and may very well be on its way out. The future PMO may consist of automated assignments handed out to workers across the globe using multiple languages and possessing specialized skills, with artificial intelligence (AI) literally running the whole thing.

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Leveraging Agile Principles for Portfolio Management – Guiding Principle #1

Keyedin

However, if Agile is the best way to approach portfolio management, is there also a “best way” to approach implementing Agile Portfolio Management in your PMO? The Strategy: Deliver products, not projects. After all, isn’t it the job of a PMO to deliver projects? The simplified analogy above illustrates the limitations of a project delivery strategy.

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Agile, Waterfall and Hybrid: Managing the Multiple-Methodology Portfolio

Keyedin

Decisions are often made faster, and by comparison, change management may look like chaos from the outside but may be exactly the innovation that the project, and by extension, the company’s business strategy needs. If your PMO technology can’t allow you the freedom to forecast, scenario model and test-retest deployment across hybrid programs, today’s profit margins have no room for the errors that result.

Agile, Waterfall and Hybrid: Managing the Multiple-Methodology Portfolio

Keyedin

Decisions are often made faster, and by comparison, change management may look like chaos from the outside but may be exactly the innovation that the project, and by extension, the company’s business strategy needs. If your PMO technology can’t allow you the freedom to forecast, scenario model and test-retest deployment across hybrid programs, today’s profit margins have no room for the errors that result.

Top 10 Project Management Conferences for 2020

Appfluence

Conferences are a key asset for staying updated on the most effective project management tools and strategies and networking with your peers in the project management field. In addition to the speaking line-up, the Resource Planning Summit allows project professionals to connect and share ideas about how to best utilize and optimize enterprise portfolio management strategies. The PMO 2020 Conference.

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Showcase Recap: Easily Capture and Manage Ideas/Demands with MS Project Online Integration

MPUG

Then a focus if you have it, a PMO or a EPMO, where you can focus on capacity and best practices. Larry: It used to be a chartering committee if you remember or a steering committee, a board of directors that would come back with a strategy for the year, fiscal planning. Use strategies to support change and then work on it, engage your team and looking at building that whole team out for engagement.

Develop Your Cultural IQ for a Globalised Business World – Live Webinar

Strategy Execution | PMO Perspectives

You are invited to join founder and chief instructor of the Global Business Innovation Academy, Amy Karam, as she discusses how cultural IQ impacts leadership and influences your bottom line. Join Strategy Execution and host Human Capital Institute on Wednesday, December 11, 2 p.m. This post first appeared on PMO Perspectives Blog. Project Management Strategy Execution

How Savvy PMOs Drive Actionable Insights with Portfolio Dashboards

Planview

Does your PMO generate portfolio dashboards for stakeholders and executives? Does it help your PMO be seen as a value driver? In a 2019 Deloitte survey of 1,000 U.S. The Savvy PMO builds upon project-level reports to create progressively more sophisticated, portfolio dashboards.

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