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Project Boards and Project Steering Groups: An Introduction

Rebel’s Guide to PM

Here’s an introduction to these important groups as part of the governance framework so you can get yours set up and working on your project. A project board provides oversight and governance for the project. What you need is adequate governance for the project. What is a project board? Call your meetings anything you like.

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Unpacking Agile Transformation: The System of Delivery

Leading Agile

It’s the process and governance mechanisms we use to manage the flow of work through the system. Think about things like how we write user stories, how we estimate work, how we run planning cadences, how we deal with technical concerns, and how we measure done. Who gets to make decisions and when.

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Why Your Annual Operating Plan Is A Lie and What To Do About It

Leading Agile

You prepare an annual operating plan outlining your budget and allocations every year. At the scale of an enterprise, these same concepts become Structure, Governance, and Metrics. We define the Governance rules that control how value flows through that Structure. Imagine you’re a CIO, CTO, IT Leader, or Finance Manager.

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What is Lean Portfolio Management? Primary Focus | Objectives

Agilemania

Portfolio management teams apply these principles and approaches to strategy and investment funding, Agile portfolio operations, and governance. Preventing the blockage – Using a portfolio budget, we can balance funding for capacity with the demand for opportunities that have the highest value. Participatory Budgeting.

Lean 98
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Use This Free Project Status Report Template for Fast and Easy Project Reporting

Project Bliss

Use this project status report template if your Project Management Office or governing body doesn’t have a standard template in place. If your PMO or governing body already has requirements in place, follow those. Project Budget. Report the Project Budget against what you’ve actually spent to date.

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How To Implement Lean Portfolio Management?

Agilemania

Budgets are allocated to execute an enterprise’s strategy by portfolio management teams. To synchronize and coordinate the planning and feedback loops, the leadership team makes choices at a fixed cadence that is followed by both the operations (the tasks they carry out) and the governance (the reviews they conduct).

Lean 98
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Managing Project Assumptions & Risks

Velociteach

Context and environmental factors should govern process requirements, specificity, and formality. Budgets, timelines, and agreements are familiar sources. Until we validate them, they are risks. So, we want to document them in an assumptions log and proactively review and address them. Constraints are things that limit our projects.