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?

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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. This requires an organization with a well-developed project management process. Rather, it’s a team effort guided by standardized processes, well-defined roles and responsibilities and collaboration.

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Underperforming Technical Team Risk Management Software Review Budget 337

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.

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WorkOtter

JULY 12, 2023

The points below will assist you in carving out a PMO strategy that’ll make a difference for you. Understand the Advantages and Usefulness of Roadmaps First things first, you need to get to know the benefit of a project management office (PMO) roadmap. As a rule of thumb, make sure that you are setting S.M.A.R.T.

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PMO Software Review Planning Finance 78

Rebel’s Guide to PM

JANUARY 31, 2024

The APM BOK defines project quality as: “The fitness for purpose of the degree of conformance of the outputs of a process, or the process itself to requirements.” Good” could be: The buttons are green The process takes less than 3 seconds Latency is 0.1 Good” then becomes your success criteria or quality measures.

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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. Remember, People + Process = Success. Learning to Walk Before You Start Running.

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PMO Technical Review Governance Government 111

Rebel’s Guide to PM

JANUARY 23, 2023

A risk audit is a process used to determine whether the actions to manage the risk are actually happening and if they are happening effectively. The project manager , another project manager, a PMO person, or a risk audit person could carry out the audit. What is a risk audit in project management? Who carries out the risk audit?

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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. 65% of project managers say that they are most likely to use AI during project deployment and execution phases. Let’s look at some more statistics about the benefits of AI.

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Artificial Inteligence Technical Review 2028 2024 372

Bridge the Gap Consulting

APRIL 11, 2023

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.

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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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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.

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Rebel’s Guide to PM

MARCH 12, 2022

Project governance is an important part of project management processes – even if it’s not the most exciting part of getting work done. Gate reviews, or stage reviews are part of the PRINCE2® process, and also part of the Infrastructure and Projects Authority’s Project Roadmap in the Governance module. The stage gate process explained.

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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

Planview

MAY 20, 2022

In this post, we’re going to show you how to execute a project. Now it’s time to execute. Except that, as every PMO knows, project execution is the most challenging stage of the project life cycle, and it’s only gotten more difficult in a world of hybrid and remote work. What Is Project Execution?

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Strategy Execution | PMO Perspectives

JUNE 1, 2020

I recently asked an executive where their organisation would be in 2 years’ time. All we need to do now is execute that strategy! Maybe by some magical process of osmosis? How do they respond when budgets are changed? So, assuming we actually have a strategy, what is it that goes wrong in execution?

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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

International Institute for Learning

JANUARY 25, 2023

How do we know PMOs are in poor health?  Check out the latest stats from the 2022 Research Report from The PMO Squad: Only 43% of PMOs would rate themselves as successful,  78% don’t have a process in place to measure PMO Value, and  Only 59% measure executive leader satisfaction.  Don’t be a statistic.

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ProjectManager.com

DECEMBER 13, 2022

This will give you an idea if it’s the right strategy to execute your portfolio management. Lean portfolio management is a process by which strategy is aligned with execution using a lean approach and agile portfolio operations and governance. For example, executive leaders are crucial to effective implementation.

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Wrike

OCTOBER 18, 2022

In this article, we’ll tackle this very topic from the perspective of IT PMO and how it can shape work both inside and outside of the IT department. Let’s take it from the top: The IT PMO As established with our overview of the IT PMO , some of the key elements of the PMO include governance, intake, allocation, collaboration, and reporting.

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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.” It’s an exciting time as we go through the portfolio process.

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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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Rebel’s Guide to PM

JULY 9, 2021

Summary review of Sciforma: Sciforma is a PPM tool that has powerful portfolio management features and will level up your PMO. Sciforma offers projects, portfolio, strategy execution, execution and resource management across the whole enterprise. Website: [link]. Sciforma Overview. Portfolio Management.

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Software Review 2021 PMO Project Life Cycle 392

Rebel’s Guide to PM

SEPTEMBER 20, 2020

Project management is that branch of management devoted to the process of change ; the orchestration of people and resources through a series of activities, tasks and processes to bring about a transformation from a state to another, different state. Failure to execute strategy is seen as a project management issue.

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Leadership Influencer PMO Risk Management 481

Planview

JANUARY 11, 2024

Elevate your Project Management Office (PMO) to become one of the most effective strategic partners in your organization. Adopting a sponsor’s mindset enables the PMO to drive value across the business, even when faced with disruption and economic uncertainty. How Does Your PMO Think? You have big plans for the new year.

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Planview

OCTOBER 7, 2020

How w e ll your Proj e ct Manag e m e nt Offic e (PMO) or E nt e rpris e PMO (E PMO ) functions is conting e nt on two things: th e minds e t of e ach of your e mploy e e s and e stablishing a strat e gic top-down proj e ct portfolio cultur e.   Transparent adherence to a budget.

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PMO Underperforming Technical Team Technical Review Executing 78

Rebel’s Guide to PM

MARCH 18, 2021

For example, an estimate is the obvious output of the estimating process, so estimates aren’t mentioned again as a separate project artifact. This category relates to the various project management logs and registers we have as part of the daily management of the process. Logs and registers. You can grab the set I use here.

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Logistics Artificial Inteligence PMI Performance Measurement 509

Planview

MARCH 6, 2020

What’s the top factor for future success according to nearly 4,000 project managers, PMOs, and executives? Executives expect PMOs to be the catalyst for this change. Executives expect PMOs to be the catalyst for this change. The answer may not surprise you: “Organizational agility.”

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Project-Management.pm

MARCH 25, 2017

It’s safe to say that Project Management Office ( PMO ) has numerous advantages and the results it impacts to the organization have been effective and helpful. Every existing organization around the globe are swearing by PMO. Over the years PMO profitability seems non-existent. However, it has its downsides.

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PMO Estimate Risk Management Governance 87

ProjectManager.com

JANUARY 10, 2024

Project managers are constantly making requests to the project management office (PMO). However, problems occur when requests are submitted without a standardized process. To avoid that, you need an intake process. A project intake process is beneficial for an organization. What Is the Project Intake Process?

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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. The project manager is the bridge between upper management, stakeholders and the teams tasked with the actual execution of the project.

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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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Project Accelerator News

APRIL 18, 2024

If you’re new to a role, instead of slashing or splashing budget and drastically altering project team structure, how about looking at the small step changes you can make that can quickly unlock ROI. Provide a dynamic and intuitive platform for project planning and execution. Less broom, more polish!

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Lean Technical Review PMO Innovation 52

Rebel’s Guide to PM

NOVEMBER 21, 2022

Teamhood gives you two levels of Kanban swimlanes so you can design a process that is simple and advanced. I started with the high level process steps – initiation , execution, testing and so on. You can group columns so they represent different themes, steps, teams, whatever, within a process or list. Yes, really!

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Software Review Software Agile Estimate 393

Rebel’s Guide to PM

JULY 20, 2023

For example, an estimate is the obvious output of the estimating process, so estimates aren’t mentioned again as a separate project artifact. Logs and registers This category relates to the various project management logs and registers we have as part of the daily management of the process. You can grab the set I use here.

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Logistics Artificial Inteligence PMI Performance Measurement 258

Planview

NOVEMBER 5, 2018

That’s a frightening reality, especially considering less than 1/3 of executives currently believe their organizations effectively execute on strategy. Strategy is the first step in the process to achieve continuous planning and improve speed of delivery. Move from a traditional to an enterprise PMO.

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Executing PMO 2021 Monitoring 60

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?

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Rebel’s Guide to PM

MAY 3, 2022

Think: Executive Summary. Execution strategy. Talk briefly about your approach to delivery, what project life cycle you are going to follow, and the project planning process. If your company has a standard risk management process, refer to that here. This is a short statement saying what you are doing. This is the ‘how’.

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