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.

PMO 52

PMO Cadence Governance Government 52

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

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.” Investing in and prioritizing the right work were also hot topics for the rest of the group.

Healthcare 97

Healthcare PMO Innovation Lean 97

Bridge the Gap Consulting

APRIL 18, 2023

You’ve asked a lot of questions to a diverse group of stakeholders. 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. Below are some of the key components of a PMO Business Case.

PMO 52

PMO Executing Finance Risk Management 52

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

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.

PMO 78

PMO Underperforming Technical Team Technical Review Executing 78

Strategy Execution | PMO Perspectives

MAY 2, 2019

Within the project management community, the concept of governance is seen as a fundamental project control, which is easy to grasp in principle. Getting the governance piece right requires insight and at times a few honest conversations about roles and responsibilities. Creating a smooth escalation and governance process.

Governance 67

Governance Government Influencer Risk Management 67

Rebel’s Guide to PM

MAY 11, 2022

For example: Budget position Upcoming deadlines further in the future than the next week Decisions required Actions outstanding that need to be formally chased Any risks, issues or changes that need to be formally brought to the attention of the report recipient. Tip: If you are emailing that many people, put them in BCC!

PMO 317

PMO Governance Government Controlling 317

Planview

JULY 9, 2019

Part 2: Lean Portfolio Management: Lean Budgets and Investment Funding. Traditionally, in an effort to maintain alignment and consistency across the portfolio, organizations have dedicated a centralized Program Management Office (PMO) to planning, program management, and solution definition. Support program execution.

Lean 74

Lean Agile PMO Engineering 74

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.

PMO 350

PMO Technical Review Information Technology Governance 350

Techno-PM

DECEMBER 14, 2017

What is a PMO Charter? A PMO Charter is one of the most important documents in the life of a Project Management Office. Project charters formally recognize the existence of projects in an organization, the PMO Charter legitimizes the existence of the PMO before the business. What should a PMO Charter contain?

PMO 52

PMO Defining Governance Government 52

Bridge the Gap Consulting

MARCH 21, 2023

PMO Failure. We hear about PMO’s failing all the time. Stats on PMO failure rates are all over the map based on your definition of “failure.” What follows is a list of reasons PMO’s fail from my experience and what I’ve gathered from others. Sure, PMO leaders can blame sr.

PMO 52

PMO Influencer Governance Government 52

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. The biggest players in this group include Amazon Web Services (AWS), Microsoft Azure, Google Cloud Platform (GCP), IBM cloud, and Oracle.

Technical Review 52

Technical Review Artificial Inteligence PMO Infrastructure 52

Bridge the Gap Consulting

MARCH 11, 2021

But, out of respect for the PMO manager who asked not to be named or have this published until his retirement in March of 2021, I held off. One of my first PMO managers had an Actuary background. He needed to tell a story; what the PMO was doing to advance the company’s goals and the teams involved in making that happen.

Planning 52

Planning PMO Governance Government 52

The IIL Blog

OCTOBER 17, 2023

Agile team A cross-functional group of individuals (e.g., hours, personnel needed, and/or tasks) to ensure that a project can be completed on time and within budget. Change Control A formal process of documenting, reviewing, approving, and managing a change to a project’s scope, schedule, budget, or quality parameters.

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

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. These are high-level positions for people who already are tasked with managing projects, programs and portfolios as well as the aforementioned PMO. Let’s take a moment to define these positions.

Planning 391

Planning PMO Manufacturing Logistics 391

Rebel’s Guide to PM

APRIL 8, 2016

Check #5: Governance. Is there a governance structure? For other areas of governance such as reporting and approval levels, talk to your PMO and get these in place. Check #6: Budget. Is the budget approved? Action if the answer is No: Back to the PMO or your Finance team. Who is your project sponsor?

PMO 150

PMO Governance Government 2007 150

Rebel’s Guide to PM

MARCH 26, 2019

For example: Budget position. Large, mixed groups of stakeholders won’t want a formal project reporting template that stretches into multiple pages or many tabs. If you are setting up a PMO for example, you’ll want your project managers to use something more formal. Decisions required.

PMO 274

PMO Governance Government Controlling 274

LiquidPlanner

JULY 23, 2019

You might be perfectly able to manage the project to a decent conclusion with your experienced team along with the budget and tools you already have. A sponsor is part of the framework of good governance on a project. I sometimes schedule a whole year of monthly steering group meetings with a PA once a project has kicked off.

Governance 116

Governance Government Executing PMO 116

International Institute for Learning

NOVEMBER 22, 2022

Perhaps the most significant reason for the slow growth of many needed project management changes was due to senior management’s desire for standardization of governance and execution for the multitude of traditional projects managed for external clients. Being on time and on budget is not necessarily success.

2001 79

2001 Governance Government 2009 79

LiquidPlanner

SEPTEMBER 14, 2016

Allocate budget. Projects can be funded and initiated faster than most programs primarily since budget , sponsorship and stakeholders are smaller than most programs. In a program, the program manager will also staff a project management office (PMO) to help manage program scope, costs and overall timeline. Define project scope.

PMO 112

PMO Risk Management Closing Initiating 112

LiquidPlanner

APRIL 17, 2018

The cheat sheet is grouped into several areas: 1. Project Governance. What are the project constraints (budget, time, mandatory deliverables)? Project Governance. Are there any formal milestones, gate review or PMO expectations for the project? Related: Project Governance for Distributed Teams. Project Log.

Governance 95

Governance Government Software Review Manufacturing 95

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. Therefore, it’s as important to the success of the project as staying on schedule, keeping to your budget and scope as well as delivering on quality expectations. Get started with ProjectManager today for free.

Underperforming Technical Team 336

Underperforming Technical Team Influencer PMO Governance 336

Online PM Courses

SEPTEMBER 30, 2018

And another common source of failure is an inability to control your scope, leading to scope creep and over-runs in both schedule and budget. Guidance from your PMO (Project/Program/Portfolio Management Office). And what governance will you set over your change control process ? What has Project Governance Ever Done for Us?

Planning 89

Planning Governance Government PMI 89

LiquidPlanner

DECEMBER 6, 2018

Typically, projects are closed down prematurely for the following reasons: The project budget has been re-forecasted and will cost more money than the company is prepared to pay. The project’s benefits were miscalculated, and the return on investment is no longer worth the time/budget spent on the project. Use Your Project Reports.

Software Review 110

Software Review PMO Infrastructure Governance 110

ProjectManager.com

AUGUST 29, 2023

Cost overrun This is the actual cost that exceeds the estimated cost in the budget, also known as a cost increase or budget overrun. E – Project Management Terms Earned value management (EVM) A way to measure project performance, and is commonly used in government projects.

Software Review 392

Software Review Underperforming Technical Team Lean Event Chain 392

Rebel’s Guide to PM

JANUARY 3, 2018

I think 2018 is going to bring more focus on business success metrics and less about scope, schedule and budget. I think when we think about how we are delivering our projects, we need to focus on Business Value, Customer Satisfaction, Governance and less about coming in on time and budget. Find him on Twitter. Leigh Espy.

2018 295

2018 Artificial Inteligence Consulting Underperforming Technical Team 295

Wrike

APRIL 25, 2023

A project charter is a brief, formal document outlining the scope, objectives, budget, and stakeholders of a project. Baseline the project: The project charter establishes a baseline for the project scope, budget, timeline, and desired outcomes, keeping everyone working within set parameters to hit the most important metrics.

Project Life Cycle 36

Project Life Cycle Risk Management Software Review Construction 36

Binfire

FEBRUARY 22, 2017

Is the tool I choose will be for personal or group projects? What is our budget for PM software? project budgeting. Finance / budget management software (Quicken, Mint etc.). Teams having PMO. Projects in government. What is the pain that I am searching a solution for? What is the industry I am working on?

Software Review 119

Software Review Software Aerospace Development Team Review 119

Planview

JANUARY 8, 2019

Forward-thinking organizations incorporate business processes for governance and decision-making, particularly regarding which investments should be made during the strategic planning process and ongoing checkpoints. Funding and Budgeting. There are several ways to bring these groups into harmony.

Executing 60

Executing Finance Governance Government 60

Bridge the Gap Consulting

OCTOBER 16, 2022

It included dollars values of projected development costs, marketing budget, and ROI over a 3-5 year period. The governance committee was able to quickly review and decide which projects we were going to pursue, and which would get shelved. There are people way smarter than me on my project or in the PMO. Are we aligned?

Technical Review 52

Technical Review PMO Executing Governance 52

Rebel’s Guide to PM

APRIL 4, 2022

It is a topic that comes up time and time again, in my Facebook group, and with people that I mentor, because frankly, the days of having one massive, great big project to manage, are gone. We’ll be looking at Milestone planning, dependency management, multi stakeholder management, governance across multiple projects.

Software Review 264

Software Review Governance Government Technical Review 264

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

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

Leading Agile

MARCH 23, 2022

And you know, the manifesto had just been written and I was working as a project manager in a company called CheckFree here in Atlanta and squarely like in the PMO. And so, it’s that for a couple years, that group reorganized and I kind of find myself back in a regular PMO and I’m like, that’s not cool, right?

Agile 140

Agile Consulting Influencer Underperforming Technical Team 140

Bridge the Gap Consulting

APRIL 6, 2023

Starting up or revamping a PMO is tricky and complex. If a PMO will help navigate these turbulent waters, it should not be on one or two people to determine its direction. Committed organizations will setup a PMO Steering Committee. I’ll start by saying a PMO Steering Committee is not a guarantee.

PMO 52

PMO Governance Government Risk Management 52

Velociteach

MARCH 4, 2024

He is a partner, a consultant, and advisor from Implement Consulting Group , and he is the author of the book “ Benefits Realisation: The Change-Driven Approach to Project Success.” Rasmus is an author, a speaker, and a renowned expert within benefits realization and organizational change. Our guest today is Rasmus Rytter.

Consulting 59

Consulting Initiating Process Estimate 59