article thumbnail

Operationalize Your PMO

Bridge the Gap Consulting

Once your PMO is up and running, operationalizing and doing continuous improvement (CI) go hand-in-hand. Sometimes CI may lead to changes to the PMO’s operations, but you’re only making more efficient something you’re already doing. Here are some aspects of operationalizing your PMO. PMO-Specific Reports.

PMO 52
article thumbnail

Conducting a PMO Assessment

Bridge the Gap Consulting

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
Insiders

Sign Up for our Newsletter

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

article thumbnail

Connecting Business with IT to Achieve Agility in the Financial Sector

Planview

Joaquim’s response: The starting point was providing a governance framework that aligns the work of different roles to company objectives, KPIs, and cadence, with a good balance of rigor and flexibility. The report shows scope, benefit, time, and budget and is used in online meetings prior to senior management review.

Agile 99
article thumbnail

Project Boards and Project Steering Groups: An Introduction

Rebel’s Guide to PM

Have as many layers as fits within your PMO methodology. It’s fine to have a different cadence at different points in the project lifecycle. Budget position. Make sure you have the latest info on project budgets and how close the project is to meeting its goals. Take minutes, or co-opt someone from the PMO to help.

article thumbnail

The Transformation Journey: Lessons Learned

Planview

It’s difficult to react swiftly to change when your plans and budgets are set in stone. A continuous planning cadence – quarterly, monthly, or even weekly – enables organizations to be ready to move fast when change occurs, or new opportunities appear on the horizon. Patrick has dubbed this phenomenon “strategy atrophy.”

Cadence 148
article thumbnail

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

Project Bliss

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. You can share if the project is on budget, under budget or over budget. Some teams require this weekly, while others may want it monthly.

article thumbnail

Turning Good Project Management into Great Project Leadership

Strategy Execution | PMO Perspectives

Many organisations are investing in people, processes and structure to create teams focused on strategy execution, often by establishing project management offices (PMOs). As a senior project manager or head of a PMO, it is important to assess teams for any skill gaps that may be inhibiting or preventing project success.