Remove Budget Remove Cadence Remove Governance Remove Leadership
article thumbnail

Project Boards and Project Steering Groups: An Introduction

Rebel’s Guide to PM

Strong leadership in projects is important for success, so getting your project board and/or project steering group set up as soon as you can is a good start. 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. What is a project board?

article thumbnail

How To Implement Lean Portfolio Management?

Agilemania

Budgets are allocated to execute an enterprise’s strategy by portfolio management teams. The lean portfolio leadership team creates the goal of your company. In order to connect strategy to execution The leadership team evaluates these targets on a regular basis. Examining the portfolio budget. What is LPM?

Lean 98
Insiders

Sign Up for our Newsletter

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

article thumbnail

What is Lean Portfolio Management? Primary Focus | Objectives

Agilemania

LPM also known as Lean Portfolio management, refers to how senior leadership uses lean principles and systems thinking approaches to align strategy with execution. Portfolio management teams apply these principles and approaches to strategy and investment funding, Agile portfolio operations, and governance. Participatory Budgeting.

Lean 98
article thumbnail

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.

article thumbnail

Managing Project Assumptions and Risks

The IIL Blog

Context and environmental factors should govern process requirements, specificity, and formality. Budgets, timelines, and agreements are familiar sources. Does the item need to be escalated to leadership or other parts of the organization? Until we validate them, they are risks. Constraints are things that limit our projects.

article thumbnail

Managing Project Assumptions & Risks

Velociteach

Context and environmental factors should govern process requirements, specificity, and formality. Budgets, timelines, and agreements are familiar sources. Does the item need to be escalated to leadership or other parts of the organization? Until we validate them, they are risks. Constraints are things that limit our projects.

article thumbnail

Conducting a PMO Assessment

Bridge the Gap Consulting

Is there any governance in place and if so, how effective is it? Do people feel strategy and supporting governance is effective? Also, look at communication cadence and means by which to share this information. Financial/Budgeting. Assess the budget and how costs will be tracked. Perceived Stakeholder Value.

PMO 52