Bridge the Gap Consulting

APRIL 24, 2023

You’ve done the PMO Assessment. Then you created the PMO Business Case. You’ve been to meetings and finally got approval to establish your PMO. Now, I’ve seen PMO Establishment and Implementation called out as two separate steps. Prioritization/Governance Processes. Budgeting Control.

PMO 52

PMO Governance Government Budget 52

Bridge the Gap Consulting

APRIL 11, 2023

My favorite is the PMO assessment. Whether considering standing up a new PMO or revamping an existing, doing an assessment is a key initial step to setting one up. Though there are PMO maturity models, which are all good, I don’t like to talk about those right away. Yeah, I talk about this a lot when discussing PMOs.

PMO 52

PMO Cadence Governance Government 52

ProjectManager.com

JANUARY 23, 2024

When you’re a PMP, program manager or portfolio manager, you need to deliver all those multiple projects on time and within budget. This requires an organization with a well-developed project management process. Rather, it’s a team effort guided by standardized processes, well-defined roles and responsibilities and collaboration.

Underperforming Technical Team 341

Underperforming Technical Team Risk Management Software Review Budget 341

ProjectManager.com

MAY 14, 2024

Project Managers Program Managers Project Portfolio Managers Project Management Office (PMO) Executives & Board of Directors Department Managers Business Decision Makers Free Project Status Report Template The RAG status is used when making a status or portfolio report. They are as follows. There’s even a risk management overview.

Software Review 361

Software Review Budget Closing Risk Management 361

Planview

JUNE 28, 2019

This blog is part of a series on Lean portfolio management. Funding practices—that is, the way budgets are allocated throughout the organization—dictate nearly every business outcome. This is where Lean budgeting comes in. Business units present their ideas to the PMO in an annual planning meeting.

Lean 103

Lean Budget PMO Underperforming Technical Team 103

ProjectManager.com

JANUARY 12, 2024

Then we’ll help you with the workforce planning process and explain the benefits of using workforce planning in your projects. Workforce planning is the overall process of analyzing, forecasting and planning workforce supply and demand. Workforce planning also involves the process of forecasting the gap between capacity and demand.

Planning 347

Planning Estimate Risk Management Budget 347

Teamweek

NOVEMBER 24, 2019

In the last decade, more and more corporations have developed a project management office (PMO) to benefit their business. To get started, you’ll want to learn more about PMO examples, how to set one up, and how to train your employees. What Is a PMO? PMO Examples. What is a PMO?

PMO 52

PMO Underperforming Technical Team Artificial Inteligence Budget 52

ProjectManager.com

DECEMBER 13, 2022

Lean portfolio management is a process by which strategy is aligned with execution using a lean approach and agile portfolio operations and governance. Portfolio management teams learn about enterprise strategy and how to execute that strategy by allocating the budget. What Is Lean Portfolio Management? Mapping the Value Stream.

Lean 335

Lean Software Review Manufacturing Governance 335

ProjectManager.com

JANUARY 10, 2024

Project managers are constantly making requests to the project management office (PMO). However, problems occur when requests are submitted without a standardized process. To avoid that, you need an intake process. A project intake process is beneficial for an organization. What Is the Project Intake Process?

Process 356

Process PMO Software Review Estimate 356

EasyProjects

SEPTEMBER 29, 2020

The project management office (PMO) is typically an operating unit of a professional services firm. The writer worked for an extended period in two firms that may broaden the concept of the PMO. The writer worked for an extended period in two firms that may broaden the concept of the PMO. Introduction. Was it project-based?

PMO 52

PMO Underperforming Technical Team Software Review Consulting 52

Wrike

AUGUST 22, 2018

Whether or not you’re a project manager by title, one acronym you’re sure to hear more often is PMO. What is PMO?” PMO stands for “project management office.” The percentage of companies with a PMO has nearly doubled since 2000, according to The State of the PMO 2016. . Definition of PMO. Who Needs a PMO?

PMO 64

PMO Artificial Inteligence 2016 2018 64

Wrike

MARCH 25, 2021

What is an Agile PMO? Aren’t all PMOs supposed to be Agile and support transformative change? Does my organization need an Agile PMO? Keep reading to discover the benefits of Agile development and the specific set of features and organizational structure an Agile PMO offers that regular PMOs simply don’t.

PMO 36

PMO Agile Consulting Leadership 36

Rebel’s Guide to PM

JUNE 8, 2022

The person best placed to do the work may be far too expensive for your project budget, so you may have to compromise. If you have someone on the team in a project co-ordinator role or PMO support, it would be more cost-effective to use that person. The work could help others learn something completely new, like budget management.

2014 370

2014 PMO Budget Executing 370

Wrike

OCTOBER 18, 2022

Throughout this three-part blog series, we’ve explored how IT teams can fight back against the cost center label through a flexible approach to projects and collaboration with the organization’s business units. Historically, the IT PMO capabilities have been provided by one-off, purpose-built, or custom solutions (spreadsheets, anyone?).

PMO 36

PMO 2022 Executing 2023 36

Rebel’s Guide to PM

JULY 12, 2019

It’s a password-protected page of the blog with direct links to everything for you to download. We'll process your data in accordance with our privacy policy. If you are looking for information on project budgeting, check out my blog over at ProjectManagement.com, The Money Files. Please try again. I'm in!

Prince2 348

Prince2 Infrastructure PMO Software Review 348

ProjectManager.com

JUNE 15, 2021

Project managers plan, budget, monitor and report on the project with project management tools , sometimes pitching the idea of the project or being assigned to it once it’s already been approved. A project can begin and certainly is designed to fail if there first wasn’t a plan devised to see it through, on time and within budget.

Certification 442

Certification Prince2 Monitoring PMI 442

ProjectManager.com

NOVEMBER 8, 2022

The project schedule and its budget will greatly influence resource forecasting. Resource management works to reduce waste and duplication to streamline and automate processes to add efficiency. Resource Forecasting vs. Resource Management. Resource management is where resource forecasting and resource planning reside.

Software Review 346

Software Review Underperforming Technical Team PMO Planning 346

Planview

MAY 4, 2020

Does your PMO provide the project visibility and insights required to help the organization deliver on strategy? For some PMOs, project visibility is limited to just project status. The Savvy PMO extends visibility and reporting to six key areas: Project Status and Health. Planned versus Actuals. Intake and Demand.

PMO 107

PMO Budget Risk Management Finance 107

Scrum.org

JUNE 7, 2021

Show support for the massive task at hand by being present and support the effort in every way possible, for example, by: Communicating the goals time and again by authoring a blog, a newsletter, creating a podcast, Practicing Gemba walks, Attending events, meetups, and communities of practice makes everyone understand that Agile is here to stay.

SCRUM 191

SCRUM Agile Technical Review Software Review 191

ProjectManager.com

MARCH 24, 2020

They tend to monitor the budget and hold the purse strings of the project. Project managers are also responsible for managing risk and the budget. Project Management Office (PMO). However, if it does exist the PMO will decide on the processes used in a project and how to follow them. Project Team Members.

PMO 195

PMO Software Review Monitoring Executing 195

Planview

APRIL 18, 2019

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. Redefine Success.

PMO 106

PMO Lean Finance Agile 106

Planview

APRIL 24, 2020

In our first two posts in this blog series, we provided examples of how organizations are using dynamic planning and rapid reprioritization to pivot quickly in response to disruptive change and new opportunities. PMOs are in a position to smoothly facilitate all this. What’s the next level of dynamic planning?

Planning 125

Planning PMO Technical Review Budget 125

LiquidPlanner

DECEMBER 1, 2021

You are very likely in the process of planning where your company is headed next year. These goals are translated into business unit priorities for each team through estimating planned projects, identifying process changes, and determining the people and resource needs to deliver on the plan. If not, it’s time to get started.

Planning 156

Planning Estimate 2022 Budget 156

The Lazy Project Manager

AUGUST 1, 2017

Perhaps we might begin with the PMO. Since PMOs lead the project management community – either directly or indirectly, according to your PMO model (see appendices) – then by considering what the best PMOs offer we can gain some insight and see that: The best PMOs have consistent, repeatable PM practices across the enterprise.

PMO 186

PMO 2014 Lean Leadership 186

LiquidPlanner

DECEMBER 5, 2022

There are a few things you can do to make sure you’ll have all the info you need before you start your project: Budget more time up front for detailed planning and strategy. Based on that thought process, what are the practical options open to the project team from which an informed decision can be made?

Underperforming Technical Team 158

Underperforming Technical Team Transportation PMO Software Review 158

EasyProjects

JUNE 5, 2019

When you have to upgrade your solution, When you have to slow down operations to upgrade your project management solution, it can cause some disruptions due to retraining, changes in processes, and technical adjustments. Projects go over budget: Small issues will add up to create some very big budget problems. Demand management.

Artificial Inteligence 62

Artificial Inteligence Software Review Process Software 62

Resource Guru

MARCH 21, 2023

Each member of the team has a unique set of skills and responsibilities that contribute to the success of the project —ultimately, completing the project on schedule and on budget. On a small project, the manager might oversee each team member. So what does that mean exactly? In this case, let’s say it’s the creative director.

Monitoring 98

Monitoring PMO Defining Engineering 98

Wrike

JUNE 11, 2023

Project managers are constantly striving to improve efficiency and streamline processes. One powerful tool that can help achieve these goals is process mapping. Process mapping provides a clear and concise overview of how activities and tasks are connected by visually representing each step of a project.

Process 28

Process 2023 Technical Review Software Review 28

Planview

APRIL 24, 2020

In our first two posts in this blog series, we provided examples of how organizations are using dynamic planning and rapid reprioritization to pivot quickly in response to disruptive change and new opportunities. PMOs are in a position to smoothly facilitate all this. What’s the next level of dynamic planning?

PMO 78

PMO Technical Review Budget Executing 78

Rebel’s Guide to PM

APRIL 15, 2016

It sounds simple – we all know we should do it, but it’s hard to know where to start for a new PMO. It covers the whole lifecycle from finding ideas for projects, through the prioritisation process and planning for the most productive organisation possible. A version of this book review first appeared on my blog in 2010.

PMO 150

PMO 2010 Estimate Initiating 150

Planview

JULY 9, 2019

This blog is part of a series on Lean portfolio management for the enterprise. Part 2: Lean Portfolio Management: Lean Budgets and Investment Funding. A project-based funding structure creates a slower, more complicated budgeting process that requires estimates, plans, and details far before they are able to be accurate.

Lean 74

Lean Agile PMO Engineering 74

The IIL Blog

OCTOBER 17, 2023

Business Analysis A process in which an individual identifies business needs, defines solutions and facilitates change to meet organizational goals. hours, personnel needed, and/or tasks) to ensure that a project can be completed on time and within budget. process, policy, practices, perceptions, etc.)

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

Wrike

MAY 19, 2023

Scalability: A Clear Path Forward for Modern PMOs” took place over three separate sessions, featuring a stellar line-up of speakers including: Carolyn Lum, Industry Principal for PMO at Wrike, is a strategic business transformation leader who has led large-scale projects, programs, and portfolios across industries.

Technical Review 36

Technical Review PMO Governance Government 36

Rebel’s Guide to PM

SEPTEMBER 17, 2018

The person best placed to do the work may be far too expensive for your project budget, so you may have to compromise. If you have someone on the team in a project co-ordinator role or PMO support, it would be more cost-effective to use that person. The work could help others learn something completely new, like budget management.

2014 300

2014 PMO Budget Executing 300

Epicflow Blog

JUNE 10, 2024

Monitoring performance and benefits delivery The CPO is responsible for monitoring project performance, tracking key metrics, and ensuring adherence to project timelines, budgets, and quality standards. Financial management A solid understanding of financial management principles and budgeting processes is important for a CPO.

Technical Review 52

Technical Review Software Review Leadership Innovation 52

EasyProjects

OCTOBER 26, 2020

Do you have an agreed process of prioritizing? An agreed process of mediating competing evaluations of priority? Increasingly, companies have full-time project-management offices (PMO) with staff and budgets to pursue project planning, management, and evaluation full time. Is it within budget?) Making choices.

PMO 91

PMO Technical Review Underperforming Technical Team Information Technology 91

Rebel’s Guide to PM

MARCH 25, 2019

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Certification 336

Certification PMO PMI Technical Review 336