Remove Budget Remove Groups Remove PMO Remove Risk
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What Is a PMO Director? Role, Responsibilities & Salary

ProjectManager.com

PMO stands for project management office and it’s responsible for the project management standards in an organization. It can be a department in that organization or a group of professionals, either inside or outside the organization. Either way, it’s run by a PMO director. What Is a PMO Director?

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How to create a project budget

Rebel’s Guide to PM

What is a project budget? A project budget is a financial document that lays out what you think you’ll spend on a project. ” The project budget might be phased over multiple quarters or years. What does creating a project budget involve? What is included in a project budget?

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15 Free PMO Templates for Excel and Word

ProjectManager.com

A PMO, or project management office, can be an internal department or an external group or agency that defines and maintains the standards for a company’s project management. However, all three can use PMO templates to support project programs and portfolios. We’ve collected 15 free templates that are suitable for a PMO.

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Project Boards and Project Steering Groups: An Introduction

Rebel’s Guide to PM

These are all functions of a project board (or steering group). Strong leadership in projects is important for success, so getting your project board and/or project steering group set up as soon as you can is a good start. In other words, this is the group that takes the tough decisions. What is a project steering group?

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Gate Reviews: What Project Managers Need To Know

Rebel’s Guide to PM

Risk management. Project risk can be re-evaluated, and that can provide useful information for the program or portfolio team. Obviously there are regular project boards and other governance checks, but the practical implication is that we have freedom of action for low value initiatives that are low risk and things we’ve done before.

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RAG (and BRAG) status and how to use them on projects

Rebel’s Guide to PM

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. The budget is overspent by more than 10%/outside tolerance.

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Ultimate Guide to Setting Up a PMO in Your Business

WorkOtter

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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