WorkOtter

JUNE 1, 2023

If your business gets big enough, you might need a whole project management office (PMO). That’s why it’s important to learn about setting up a PMO. It’s like a central hub that helps make sure projects are done right, on time, and within budget. Read on to learn more about PMOs. What Exactly is a PMO?

PMO 78

PMO Executing Controlling Risk Management 78

Rebel’s Guide to PM

APRIL 18, 2024

The formulation of business cases, risk and problem management, cost control, project scope, budgeting, and schedule management are among the fundamental skills that your apprentices will master in this environment.” Level 3: Project Controls Technician There is also a Level 3 qualification.

Construction 299

Construction Engineering Certification Controlling 299

ProjectManager.com

JANUARY 16, 2024

When you’re a project management office (PMO) or program or portfolio manager, you’re going to have to deal with multiple projects in various stages of the project pipeline. By following these project pipeline management stages a PMO, program or portfolio manager can better deal with the complexities of juggling multiple tasks.

Software Review 350

Software Review Software PMO Monitoring 350

WorkOtter

MAY 23, 2023

Setbacks in productivity can damage the success and growth of your business, which is why setting up a Project Management Office (PMO) to help handle and oversee various projects at once is a great way to avoid these issues. What Exactly is a PMO? Setting up a PMO can help with many different components of a business.

PMO 78

PMO Finance Controlling Defining 78

Rebel’s Guide to PM

FEBRUARY 2, 2024

Worst case, you’ll find out that there are hardly any plans, documents and methods of control over the work. For other areas of governance such as reporting and approval levels, talk to your PMO and get these in place. 6: Review the budget Is the budget approved? Action if you can’t find out: Talk to the PMO again.

PMO 303

PMO Governance Government Budget 303

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. Ensure your PMO will properly staffed. Budgeting Control.

PMO 52

PMO Governance Government Budget 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. On the other hand, if an organization has underdeveloped management, the more likely that its projects will have trouble meeting deadlines and staying on budget.

Underperforming Technical Team 337

Underperforming Technical Team Risk Management Software Review Budget 337

Rebel’s Guide to PM

JULY 28, 2023

When this support is provided and the project is brought back under control, less of your investment will be wasted. Check with your PMO. It could be over budget, running behind schedule or have uncontrolled scope changes (or all three). The budget is overspent by more than 10%/outside tolerance. According to PMI, 11.4%

Software Review 287

Software Review PMO Risk Management Closing 287

ProjectManager.com

DECEMBER 7, 2023

Enterprise environmental factors can be defined as conditions that aren’t under the immediate control of the project team. Both being beyond the control of the project team, and even the organization that initiated the project, enterprise environmental factors can affect the outcome of the project, both negatively and positively.

Underperforming Technical Team 342

Underperforming Technical Team Influencer PMO Governance 342

Planview

JUNE 5, 2020

PMO leadership today is about more than being a purveyor of governance and delivering projects on time and on budget. The Savvy PMO fosters organizational agility, cultivates efficiencies, and drives growth strategies. Start with this quick-start post to becoming a Savvy PMO. The Journey to Becoming a Savvy PMO.

PMO 142

PMO Leadership Governance Government 142

nTask

APRIL 7, 2021

This is where the Project management office (PMO) enters the scene. Companies, now, rely on PMO to counter the problems encountered during project management. PMO not only adds to the efficiency of a project but also helps enhance the overall productivity of a team. What does PMO mean? What is PMO?

PMO 133

PMO 2016 Controlling Executing 133

Rebel’s Guide to PM

OCTOBER 15, 2021

When this support is provided and the project is brought back under control, less of your investment will be wasted. B Blue Project closed R Red Project is likely to deliver late/over budget A Amber Project has missed some targets but overall end date/budget is not at risk G Green Project on track. Check with your PMO.

Software Review 370

Software Review PMO Risk Management Closing 370

Bridge the Gap Consulting

MARCH 26, 2023

You’re a PMO Leader! Being a PMO leader has been one of the most challenging and rewarding aspects of my career. Thankfully, I’ve had some really good mentors along the way who showed me being a PMO leader and a project manager are two very different things. So, what are the traits of a PMO leader? Good times!

PMO 52

PMO Finance Budget Executing 52

Rebel’s Guide to PM

MARCH 12, 2022

A gate review is a control point that acts as a go/no go decision point for the work. Gates allow you to transition between stages in a controlled way. The PMO will specify the route your project has to follow. Ready to find out more about this helpful governance technique? What is a gate review? Step 1: Create documentation.

Prince2 396

Prince2 Governance Government PMO 396

ProjectManager.com

JANUARY 12, 2024

Strategic workforce planning is used by an organization or its project management office (PMO) to achieve its long-term plans. Helps You Control Operational Costs Workforce planning can reduce labor costs through more effective deployment and flexibility as well as responding to customer needs.

Planning 343

Planning Estimate Risk Management Budget 343

The Lazy Project Manager

JANUARY 27, 2016

As has been already discussed the reality out there in ‘PMO land’ is that there is not a plethora of wise and experienced PMO managers, directors, leaders, heads, etc., and so it is sensible for anyone who is engaged to help an organisation set up a new PMO or advise on improvements to an existing PMO to reach out for some help.

PMO 170

PMO Sustainability 2012 Underperforming Technical Team 170

Rebel’s Guide to PM

JANUARY 31, 2024

You probably already know that you need a quality management plan , and that management, assurance and control are the pillars of doing it right. This ticks the box for the quality control process, which is about making sure errors and defects don’t make it to the end customer. But, projects rarely have dedicated budgets for training.

Software Review 332

Software Review Technical Review Budget Defining 332

Rebel’s Guide to PM

JANUARY 23, 2023

The project manager , another project manager, a PMO person, or a risk audit person could carry out the audit. Audits are part of internal controls on a project and fall under the governance arena, so if you have specific PMO team members who look at governance, they are the ones to ask. Who carries out the risk audit?

Risk 397

Risk PMO Risk Management Governance 397

ProjectManager.com

AUGUST 29, 2023

Change control The term for a process to systemically monitor and approve or reject any change requests made to a product or project. The process is designed to increase project efficiency and minimize scope creep by controlling every change and ensuring that changes are made according to set requirements for approving change.

Software Review 393

Software Review Underperforming Technical Team Lean Event Chain 393

Planview

JUNE 28, 2019

Funding practices—that is, the way budgets are allocated throughout the organization—dictate nearly every business outcome. When implementing Lean-Agile practices at scale, organizations quickly realize that their push for agility conflicts with traditional budgeting and cost accounting practices. This is where Lean budgeting comes in.

Lean 103

Lean Budget PMO Underperforming Technical Team 103

Project Pulse Journal

APRIL 25, 2024

By: Hajime Estanislao, PMP, CSM Are there projects missing deadlines, going over budget, or failing to meet expectations within your organization? A Project Management Office (PMO) isn't just about oversight; it's about empowering your projects to deliver real value. Discover how a PMO can be a game-changer for your organization.

PMO 52

PMO Governance Government 2014 52

Rebel’s Guide to PM

JUNE 24, 2020

Worst case, you’ll find out that there are hardly any plans, documents and methods of control over the work. For other areas of governance such as reporting and approval levels, talk to your PMO and get these in place. 6: Review the budget. Is the budget approved? Action if you can’t find out: Talk to the PMO again.

PMO 505

PMO Governance Government Budget 505

Bridge the Gap Consulting

APRIL 18, 2023

Now it’s time to create a PMO Business Case and start moving the needle from idea to reality. If you notice, I call it a PMO Business Case, not a PMO Charter. I don’t like the word “charter” when talking about creating PMO’s. Below are some of the key components of a PMO Business Case.

PMO 52

PMO Executing Finance Risk Management 52

Rebel’s Guide to PM

SEPTEMBER 26, 2022

The overall change is managed as a program, under a program manager who consolidates program-level risks, manages resource conflicts across all projects, controls the budget and works with business owners to realize the benefits across all the initiatives. These could be project managers or PMO colleagues.

PMO 276

PMO Technical Review Leadership Risk Management 276

Rebel’s Guide to PM

MARCH 14, 2024

25% of PMO directors say that AI has disrupted their PMO ( Capgemini ) – and I’m sure that number will only continue to rise. Interestingly, project management domains where there is low impact from AI are considered to be stakeholder management, project communication and project budgeting.

Artificial Inteligence 372

Artificial Inteligence Technical Review 2028 2024 372

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

Rebel’s Guide to PM

NOVEMBER 2, 2023

How can I stay within the budget with the available resource mix? Enterprises fail to deliver projects on time and within budget without the right forecasting tools. The best way to keep this under control is by making sure that the right resources are available at the right time with the help of timely forecasting.

Underperforming Technical Team 299

Underperforming Technical Team Technical Review Software Review Estimate 299

Rebel’s Guide to PM

NOVEMBER 21, 2022

Each item can have comments and you control the details right from the card. This is a huge advantage for a PMO (even a fledgling PMO in a team that is just getting on the ladder with project management). As well as a baseline, you can track SPI, EV, and progress against budget. You can manage a project budget in there.

Software Review 393

Software Review Software Agile Estimate 393

Bridge the Gap Consulting

JANUARY 12, 2023

Why do you want a PMO? That’s a hell of a question to ask when you’re the consultant asking a client why they want to start a Project Management Office (PMO). Yes, they’d read about a company in the same industry that stood up a PMO and was successful. ” PMO was born. Sounds like sunk costs to me.

PMO 52

PMO Finance Consulting Leadership 52

Rebel’s Guide to PM

JANUARY 24, 2022

More trust, less control (especially in remote teams). What we practice already and more and more companies are adopting is more trust and less control. Look at your project schedule and consider whether you have truly incorporated enough change management activities (and time/budget for those activities) in the plan.

2022 484

2022 PMO Risk Management Artificial Inteligence 484

Strategy Execution | PMO Perspectives

MAY 28, 2020

Professor Flyvbjerg’s evidence showed that out of 12,000 major projects studied globally, fewer than half were on budget, fewer than 8% also on schedule, and only 0.5% As expected, it has a 100% record in delivery on schedule, but no Olympic Games has ever met the original budget (mean cost over-run 172%).

Controlling 59

Controlling Estimate 2014 Underperforming Technical Team 59

Rebel’s Guide to PM

MARCH 18, 2021

Here are some examples: Budget Milestone schedule Scope baseline Performance measurement baseline. Here are some of the typical reports produced on a project: Quality report Risk report Status report Formal records for particular stakeholders eg a highlight report for a sponsor or monthly reporting for the PMO.

Logistics 509

Logistics Artificial Inteligence PMI Performance Measurement 509

Rebel’s Guide to PM

SEPTEMBER 27, 2020

The overall change is managed as a program, under a program manager who consolidates program-level risks, manages resource conflicts across all projects, controls the budget and works with business owners to realize the benefits across all the initiatives. These could be project managers or PMO colleagues.

PMO 331

PMO Technical Review Leadership Risk Management 331

Rebel’s Guide to PM

JANUARY 28, 2019

More recently, my projects have been operating under a formal PMO structure, and much of what goes in a project management plan is basically repeating the formal processes. There’s no point creating a plan document just to say, “We do it the way the PMO mandates, just like every other project in this company.”

PMO 367

PMO Budget Initiating Software Review 367

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

Rebel’s Guide to PM

APRIL 17, 2023

Closing down a project early is very different to carrying out a controlled close when a project has reached its natural conclusion and delivered everything that stakeholders were expecting. Was there an external factor that was out of your control? It’s more emotional, for one thing.

Closing 391

Closing Controlling PMO Construction 391

MPUG

MARCH 15, 2024

Uses for Predictive Analytics Using AI to analyze an organization’s project management processes and historical project data (including project plans, records, risks, outcomes, budget, and schedule) can have significant predictive implications that enhance project success.

Artificial Inteligence 116

Artificial Inteligence Technical Review Healthcare Risk Management 116