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

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

Rebel’s Guide to PM

JANUARY 24, 2022

We see technology evolving, new tools, consolidation, innovation and more. 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. Think about how your PMO teams are rewarded. Change is inevitable – we all know that.

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2022 PMO Risk Management Artificial Inteligence 480

Scrum.org

JUNE 7, 2021

Pointing at successes & failures, establishing a failure culture, see below, Empower the teams to solve customer problems autonomously by defining guide-lines, Include team members in the hiring process, Initiate the abandonment of individual incentives and bonuses. My Budget, My Feature. There Is no Failure Culture.

SCRUM 199

SCRUM Agile Technical Review Software Review 199

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. Customer demands are not static; they change as technology evolves and accelerate the pace of innovation.

PMO 106

PMO Lean Finance Agile 106

The Strategic Project Manager

OCTOBER 18, 2023

In business, government, and all forms of organizational life, there is also an ‘ecosystem’, although it is not so much defined in biological terms. Hyperscaler innovators – This term implies the massive scaling of AI. Does there need to be an AI competency in the PMO?

Technical Review 52

Technical Review Artificial Inteligence PMO Infrastructure 52

Rebel’s Guide to PM

DECEMBER 16, 2022

There’s a lot riding on getting your PMO mission statement right. After all, the mission statement is what will guide the PMO as it strives to achieve its goals and objectives. Creating a powerful PMO mission statement doesn’t have to be difficult – but it does require some thought and careful planning.

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PMO Technical Review Information Technology Governance 350

Project Pulse Journal

MARCH 18, 2024

Establishing the Foundation and the Pillars of Project Governance In project management, success isn't merely about meeting deadlines or staying within budget constraints; it's about delivering tangible value that aligns the project objectives with organizational goals. Innovation is good but there will be times when it's just gold-plating.

Governance 52

Governance Government Risk Management 2015 52

Planview

JANUARY 2, 2020

Financial services companies often operate with a traditional approach to project and portfolio management where annual budgets define how projects are funded and executed. In this case, the budget is adjusted at any time during the cycle to accommodate changes in customer requests. Budget limitations. Cost of delay.

2019 103

2019 Agile Lean Governance 103

The IIL Blog

OCTOBER 17, 2023

Agile A flexible and dynamic approach to project management that allows for iterative updates during defined time blocks, which allows for incremental value. Business Analysis A process in which an individual identifies business needs, defines solutions and facilitates change to meet organizational goals. effectively and efficiently.

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

Project Accelerator News

OCTOBER 6, 2023

Open-book management led to employees solving problems faster, they spotted potential challenges before they impacted, they innovated and adapted quicker, collaborated more and generally just felt they had purpose and were part of something bigger.

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Underperforming Technical Team Innovation Budget PMO 59

International Institute for Learning

NOVEMBER 22, 2022

Traditional projects were most often based upon well-defined customer requirements. Environmental factors, once defined at the onset of a project, were expected to remain the same over the life of the project. Being on time and on budget is not necessarily success.

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2001 Governance Government 2009 79

MPUG

MAY 6, 2024

This capability accelerates the process and enhances the accuracy of requirements gathering, ensuring that projects are built on a solid foundation of clearly defined expectations. This involves creating a culture that values innovation and is open to experimentation. Encouragement from leadership plays a significant role here.

Artificial Inteligence 52

Artificial Inteligence Risk Management Risk Monitoring 52

WorkOtter

JULY 26, 2023

We’ll cover everything from defining your project’s goals and scope to assigning tasks and monitoring progress. This includes establishing project objectives, coordinating with team members, tracking progress, and managing budgets. Let’s get started! This makes it easier for everyone to collaborate and work together.

Monitoring 78

Monitoring Engineering Artificial Inteligence Defining 78

Planview

SEPTEMBER 26, 2019

Traditional or Waterfall Methodologies : Organizations following this approach typically divide work into phases or define teams by projects. The measure of success is typically based on completing projects on-time and within budget. Understanding and Choosing Methods that Best Suit Your Team and The Work at Hand.

PMO 60

PMO Lean Governance Government 60

Planview

MARCH 27, 2019

You should be able to continually assess portfolio priorities against capacity to determine which combination best advances the company’s growth, innovation, or transformational goals; and make investment decisions in the context of the overall portfolio of investment. Outcome Planning and Roadmapping. Technology Portfolio Planning.

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Planning Technical Review Innovation Defining 109

Planview

APRIL 15, 2020

As executives consider changing priorities and reducing or reallocating budgets, enterprise portfolio or program management offices (EPMOs) are in the right position to take center stage. Work with your PMO leaders to ensure your remote workforce is delivering on strategy? Your guidance should consider both the short and long term.

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Planning Finance 2020 Executing 109

Strategy Execution | PMO Perspectives

FEBRUARY 28, 2019

Risk management training teaches that an official budget – the base case – should be considered in the context of three scenarios: worst case, best case and most likely. Clearly defines who is accountable for assignments and deadline. This post first appeared on PMO Perspectives Blog. Change management.

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Underperforming Technical Team Risk Management Initiating Executing 75

Appfluence

OCTOBER 6, 2019

The PMO 2020 Conference. The PMO Conference is widely praised across the project management community for its learning and networking opportunities. The PMO Conference is dedicated to delivering the latest PMO research, ideas, and techniques to further your knowledge of the most effective strategies in project management today.

2020 47

2020 PMO PMI 2019 47

Wrike

AUGUST 22, 2018

The day Lydia Agnese started her new role as PMO manager at Northstar Travel Group, she received some big news. However, big transitions are rarely easy and traditional PMOs will need to find new footholds in this changing environment. We’ll cover several major trends and how PMOs can evolve to meet them.

PMO 50

PMO Agile Controlling Leadership 50

Rebel’s Guide to PM

JULY 24, 2023

Ideally, you’d be able to provide a definitive estimate, carefully created from loads of input from subject matter experts and plenty of research on past projects and their budgets. And we haven’t yet received the mandate to do a deep dive into requirements and scope that would enable more accurate results from the budget forecasting.

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Estimate PMO PMI Budget 279

Planview

JANUARY 22, 2019

They are strategic partners who can play a role in helping their companies become more innovative and nimble. And some IT departments are directly involved in the product development process, creating innovative technology services expressly for external customers. Process Area 5: Product Portfolio Management for IT-Developed Products.

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Infrastructure Finance Innovation Budget 92

Planview

JANUARY 1, 2019

Rising costs in a tough economy have led to tightened budgets and reduced workforces. As a result, innovation and agility are becoming more vital than ever as organizations fight to compete in today’s marketplace, something attained through portfolio-driven performance to improve project delivery.

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Innovation Information Technology Budget Process 68

Proofhub

SEPTEMBER 6, 2018

To sum it up a Project Manager’s scope of work can be summarised across 3 broad areas: Planning and Strategizing : Define the scope, build an execution plan?—?prioritize prioritize and delegate accordingly and manage the budget. Such a setup gives the PMO a lot more control to ensure that nothing falls through the cracks.

Underperforming Technical Team 60

Underperforming Technical Team 2030 PMO Artificial Inteligence 60

Rebel’s Guide to PM

MARCH 14, 2021

Ideally, you’d be able to provide a definitive estimate, carefully created from loads of input from subject matter experts and plenty of research on past projects and their budgets. And we haven’t yet received the mandate to do a deep dive into requirements and scope that would enable more accurate results from the budget forecasting.

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Estimate PMO PMI Budget 452

Wrike

JUNE 11, 2023

Second, defining product requirements involves translating customer needs into actionable specifications. They need to be able to think outside the box, come up with innovative solutions, and differentiate the product from competitors. They can accomplish this through market research, customer interviews, and data analysis.

Development Team Review 36

Development Team Review Technical Review Closing Engineering 36

Wrike

JUNE 2, 2023

Their expertise and leadership are crucial in making sure that projects are completed on time, within budget, and to the satisfaction of stakeholders. By clearly defining these objectives, project managers can align their goals with the project’s purpose so that they are working towards the desired results.

Underperforming Technical Team 36

Underperforming Technical Team Monitoring Influencer Software Review 36

Planview

SEPTEMBER 6, 2018

So far in this blog series, we have defined strategy, covered the basis of strategic planning, and discussed who to include in your strategic planning team. Well, annual planning is required to get the budget, but there is no need to spend the time that is spent on it today. Part 2: Begin to Deliver Strategy… Fast.

Finance 60

Finance Underperforming Technical Team Influencer Budget 60

Wrike

MAY 19, 2023

Program leads must also define the program’s goals and objectives. Lastly, program leads must use their knowledge of the program’s scope, budget, and timeline to successfully implement everything. Lastly, program leads must use their knowledge of the program’s scope, budget, and timeline to successfully implement everything.

Technical Review 36

Technical Review Leadership Budget Risk Management 36

Wrike

JUNE 11, 2023

Your primary objective is to achieve the successful completion of projects within the specified timeframe and budget, while also meeting the project’s goals and objectives. Some of the key responsibilities include: Planning and defining the project scope, objectives, and deliverables by conducting research and analysis.

Leadership 36

Leadership Risk Management Budget Monitoring 36

MPUG

FEBRUARY 20, 2023

Lastly, there is Project Operations, a Dynamics 365 application designed for service-minded users, focusing on projects with their own hourly rate, budget, and client base. Typically, this task would be handled by a PMO or an administrator who has the knowledge and resources to set up these custom calendars.

Technical Review 52

Technical Review Risk Management Closing PMO 52

Workzone

APRIL 5, 2022

Companies that require project management of professional and business-critical activities will need broader functionalities, including resource allocation, budget planning, and invoicing. As you do this, remember to be intentional when defining your needs based on your current processes. Project Dashboards. Real-Time Reporting.

Software Review 49

Software Review Software Underperforming Technical Team Budget 49

Rebel’s Guide to PM

JANUARY 7, 2019

I think 2019 will continue to focus on business success metrics and less about scope, schedule and budget, but I see 2019 being a year of tools, tools, and more tools. My PMO Lifecycle: Building, Running, and Shutting Down course is going strong and I will be launching updates in 2019 that will really help PMO Managers be successful.

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2019 Technical Review PMO Consulting 290

Project Accelerator News

APRIL 5, 2024

IT PROJECT MANAGEMENT CAPABILITY ASSESSMENT We measure how successful our projects are all year round, in terms of Return On Investment (ROI), budgets, delivery times met, etc but an IT Project Management Capability Assessment checks in on how effective the delivery frameworks and processes that underpin project success are.

PMO 52

PMO Underperforming Technical Team Consulting Governance 52

Henny Portman

OCTOBER 2, 2020

I was already several times assessor and judge for the PMO of the world award. You watch on your own a one-hour presentation of a PMO. You assess that PMO at six criteria: PMO’s journey, client service, best practices, innovation, community and value generation and summarize strong points and areas for improvement.

Software Review 86

Software Review PMO Technical Review 2002 86

Planio

APRIL 24, 2023

According to the Association for Project Management : “Project management is the application of processes, methods, skills, knowledge, and experience to achieve specific objectives, according to defined acceptance criteria, within agreed parameters.” Using the chosen project management process to track progress and budget.

Development Team Review 78

Development Team Review 2030 Underperforming Technical Team Risk Management 78

The IIL Blog

SEPTEMBER 17, 2018

To be successful, they must be able to evaluate and allocate resources necessary to complete deliverables on time, with quality, and without exceeding the budget. Once project priorities have been clarified, take adequate time to estimate schedules and budget. Embrace different ways of working across the organization and resources.

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Project Life Cycle Technical Review 2013 2002 116