ProjectManager.com

JUNE 15, 2021

Project managers plan, budget, monitor and report on the project with project management tools , sometimes pitching the idea of the project or being assigned to it once it’s already been approved. A project can begin and certainly is designed to fail if there first wasn’t a plan devised to see it through, on time and within budget.

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Certification Prince2 Monitoring PMI 441

The IIL Blog

MARCH 26, 2024

The Project Management Office (PMO) is no exception. In this article, we will explore the rise of the AI-powered PMO and provide actionable strategies for project managers to thrive in an AI-augmented environment. Here is a foundational Generative AI PMO Template, along with guidance on how to customize and use it effectively.

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PMO Generative AI Technical Review Software Review 89

ProjectManager.com

DECEMBER 6, 2023

Usually, companies have a project management office (PMO) that will oversee the portfolio or program to ensure it meets strategic goals. For example, some operational projects include routine maintenance, training programs, upgrades to IT infrastructure, etc. Setup a PMO If you don’t have a PMO, then you’ll want one.

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Planning PMO Manufacturing Logistics 398

ProjectManager.com

MARCH 14, 2024

The importance of a project strategy is simple: it helps deliver projects on time, within budget and aligned with larger strategic goals. For example, creating a website or mobile app to sell products online, marketing to promote new stores or building a facility to increase production. That’s the project scope.

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Budget PMO Defining Estimate 374

Project Risk Coach

NOVEMBER 14, 2022

This often comes in the form of completing the project on time, within budget, and within scope. See some examples of organizational structure types, the project manager’s authority, and the role below. Organizational Structure Type Project Manager’s Authority Project Manager’s Role Who Manages the Project’s Budget?

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Risk Management Risk Underperforming Technical Team PMO 396

Rebel’s Guide to PM

APRIL 10, 2023

It sounds simple – we all know we should do it, but it’s hard to know where to start for a new PMO. It’s everything a novice PMO Manager needs to know to support her project managers at work. Reading this was a pleasure; I’m sure I’ll refer to it again in the future – and if you work in a PMO, you should too.

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PMO 2016 Estimate Initiating 414

Rebel’s Guide to PM

JULY 28, 2023

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 As you can see, this equates to the acronym BRAG. Check with your PMO. For example: There are issues that need escalating.

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Software Review PMO Risk Management Closing 287

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?

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PMO Underperforming Technical Team Artificial Inteligence Budget 52

Planview

MAY 9, 2023

In anticipation of International PMO Day, we began curating the stories for this PMO case study roundup several weeks ago. The PMO has a long history of driving significant benefits for the business. Partnering with Planview, Cognizant created a multidisciplinary team to build and implement the enterprise PMO roadmap.

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PMO Transportation Governance Government 78

MPUG

MARCH 30, 2020

PMI describes the Project Management Office (PMO) as a strategic driver for organizational excellence. The PMO seeks to enhance the practices of execution management, organizational governance, and strategic change leadership. After two years, the PMO most likely dissolves. Learning to Walk Before You Start Running.

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PMO Technical Review Governance Government 111

Rebel’s Guide to PM

MARCH 12, 2022

For example, highlighting if there is additional work required. You might call them different things (some of our projects have a development phase, for example). For example, on large projects, you would expect a certain amount of governance and rigor, especially considering the amount of money tied up in the work.

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Prince2 Governance Government PMO 396

Bridge the Gap Consulting

MAY 16, 2023

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.

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PMO Cadence Underperforming Technical Team Monitoring 52

Resource Guru

MARCH 21, 2023

5 key project team roles and responsibilities Other roles in a project team Project team roles and responsibilities example Project team role and responsibilities matrix Project team roles FAQs Clearly defined project team roles mean a greater chance of project success What is a project team? And that’s exactly what we’re here to do today.

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Monitoring PMO Defining Engineering 98

Rebel’s Guide to PM

APRIL 22, 2024

Securing the right resource (and enough of it) is a huge headache for PMO leaders and project professionals. I’m sure you can think of some poor resource management examples. The PMO can lead on this but everyone will need to follow the process for it to work. Here are some (anonymized!) This happened to me in a past role.

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Technical Review PMO Risk Management Software Review 280

Rebel’s Guide to PM

FEBRUARY 12, 2024

Unfortunately I’m not able to say, “I’m struggling with Excel right now, I really don’t have these budgeting skills, so we won’t bother to have a budget tracker on this project.” Budget management is definitely a skill to develop because it is useful in future roles too – say, if you move into a role with a P&L responsibility.

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Finance Risk Management Budget Risk 319

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!

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PMO Finance Budget Executing 52

Rebel’s Guide to PM

OCTOBER 15, 2021

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. It could be over budget, running behind schedule or have uncontrolled scope changes (or all three).

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Software Review PMO Risk Management Closing 370

Rebel’s Guide to PM

JANUARY 31, 2024

Also, if you have internal auditors or a Quality Assurance function, or someone in the PMO who can do an informal (or formal) project review, book that in as well. Add project management software or testing tools (or whatever else you need) to the project budget. But, projects rarely have dedicated budgets for training.

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Software Review Technical Review Budget Defining 332

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. We’ll help by illustrating examples of different project management maturity models and offering a step-by-step way to assess the project management maturity of an organization.

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Underperforming Technical Team Risk Management Software Review Budget 337

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.

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PMO Executing Finance Risk Management 52

ProjectManager.com

DECEMBER 7, 2023

Then you can track the progress in real time to ensure the project is delivered on time and within budget. There are examples of internal policies that fall under enterprise environmental factors and organizational process assets that can be more confusing to separate. Get started with ProjectManager today for free.

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Underperforming Technical Team Influencer PMO Governance 342

Rebel’s Guide to PM

JULY 6, 2022

Not you as an individual, not you as a PMO, not you as a group of dedicated project managers. There may be good reasons for investing in ethical or green projects throughout the year, for example, if your company has a commitment to spending, say 20% on environmental initiatives. It’s not difficult to see the problem.

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PMO Initiating Software Review Executing 439

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.

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PMO Sustainability 2012 Underperforming Technical Team 170

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.

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Lean Budget PMO Underperforming Technical Team 103

Rebel’s Guide to PM

MARCH 18, 2021

For example: a project management artifact is the project closure document. For example, an estimate is the obvious output of the estimating process, so estimates aren’t mentioned again as a separate project artifact. Here are some examples: Budget Milestone schedule Scope baseline Performance measurement baseline.

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Logistics Artificial Inteligence PMI Performance Measurement 509

Project Risk Coach

OCTOBER 23, 2022

Project Summary Examples Here's an insurance company example: "It is taking us 21 days on average to close an auto physical damage claim, compared to 14 days of our competitors. Furthermore, less than 30% of the projects are completed on budget and schedule due to poor project management. Goals: The goals of the project.

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Underperforming Technical Team PMO Initiating Risk Management 170

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. Track Labor Costs With Timesheets Workforce planning is part of a business’s larger budget. This gives managers a heads-up as to whether they’re meeting or exceeding their budget.

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Planning Estimate Risk Management Budget 343

Epicflow Blog

MAY 12, 2023

And that’s no wonder – an effectively working PMO can streamline a company’s project management processes, improve their outcomes, optimize costs, and facilitate achieving an organization’s business objectives. However, despite their increasing popularity and significance, PMOs face a number of difficulties. Сhallenge #2.

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PMO Software Review Executing Risk Management 59

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.” It should make you much more attractive to employers as they know you’ve put your learning into practice.

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Construction Engineering Certification Controlling 299

Planview

FEBRUARY 12, 2020

These focus on how the Savvy PMO uses data to not only manage day-to-day operations but also prepare for the future. The right analytics and reporting help you continually align employees to strategic work and build the highest value project and product portfolio based on your resource and budget constraints.

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PMO Planning Budget 78

Rebel’s Guide to PM

JULY 20, 2023

For example: a project management artifact is the project closure document. For example, an estimate is the obvious output of the estimating process, so estimates aren’t mentioned again as a separate project artifact. Here are some examples: Budget baseline Milestone schedule Scope baseline Performance measurement baseline.

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Logistics Artificial Inteligence PMI Performance Measurement 258

Rebel’s Guide to PM

OCTOBER 1, 2023

However, I know you still want to know the practical differences and similarities to make the terms stick in your head, so let me give you some more info on each of these, along with some examples from my project management experience. For example, let’s say you are creating a landscaped garden for your client.

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Controlling Prince2 Software Review PMO 304

Planview

DECEMBER 13, 2019

A healthcare PMO today must have a strong constitution. Not only are they faced with challenges unique to healthcare, PMOs are also going through the trends mentioned in our recent post, “ Conquer Your Business Transformation.” Healthcare PMOs must frequently incorporate regulatory changes into the portfolio, for example.

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Healthcare PMO Innovation Lean 97

Rebel’s Guide to PM

JANUARY 24, 2022

Here’s an example of how project communications are changing, and how we can tap into that for better change management. 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.

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2022 PMO Risk Management Artificial Inteligence 484

Scrum.org

AUGUST 9, 2023

During a dinner conversation after the conference, you further discover that PMO (Project Management Office) can support you in leading an Agile transformation and successful Scrum adoption, by covering governance and ensuring alignment across the enterprise. Partner with the PMO, they are your key stakeholder. More ideas (e.g.

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SCRUM PMO Governance Government 149

Rebel’s Guide to PM

NOVEMBER 21, 2022

For example, contact details and the pipeline of work and deals could be in one board. Another example: There are Kanban swimlanes, but in Teamhood they are just called rows. 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). Yes, really!

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Software Review Software Agile Estimate 393

Planview

MARCH 6, 2020

Executives expect PMOs to be the catalyst for this change. Success requires becoming a more “Adaptive PMO,” evolving how you plan, govern, and empower delivery teams to do their best work. This transition can be uncertain, but Planview is working with PMOs to make it easier as this new video demonstrates.

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PMO Agile Planning Governance 78