Remove Agile Remove Estimate Remove Governance Remove PMO
article thumbnail

How to Build and Implement a Project Strategy

ProjectManager.com

Project Management Office (PMO): A PMO is responsible for defining and maintaining the standards for an organization’s project management. They help with prioritizing projects, providing governance guidelines and ensure that projects are beneficial to the organization by aligning with larger strategic goals.

Budget 374
article thumbnail

Role of the PMO: How It’s Currently Evolving

Planview

The role of the PMO is changing. We recently got an in-depth look into this new face of the PMO during our webinar – “What’s Ahead for the PMO?” She and I discussed the responsibilities, expanding skill sets, and strategic capabilities of the modern PMO – and how to advance in that direction. Types of Today’s PMOs.

PMO 99
Insiders

Sign Up for our Newsletter

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

article thumbnail

100+ Project Management Terms: PM Terminology Explained

ProjectManager.com

Agile A methodology for project and product management, typically used to deliver software projects in an iterative way with short bursts of work called “sprints” Though initially designed as a process for IT and engineering projects, it has since been successfully applied to other industries like marketing.

article thumbnail

What Is Lean Portfolio Management? A Quick Guide

ProjectManager.com

Lean portfolio management is a process by which strategy is aligned with execution using a lean approach and agile portfolio operations and governance. Lean project management is part of an agile methodology that aims to increase customer value by removing project waste. This requires accurate estimates of resources.

Lean 330
article thumbnail

Improving portfolio management must be part of an agile transformation

Kiron Bondale

When we think of an agile transformation, improving portfolio management might not be high on the organization’s list of priorities. This makes it impossible to accurately estimate capacity during iteration planning and usually contributes to a team missing their iteration commitments resulting in delivery delays.

Agile 153
article thumbnail

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. Lean-Agile Center of Excellence (LACE).

Lean 74
article thumbnail

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. Challenges arise when senior leadership has yet to adopt an Agile mindset, even if their teams have. Agile teams are largely self-governing.

2019 103