Planview

MARCH 6, 2020

The Project Management Institute (PMI) asked this question for the first time ever for its 2020 Pulse of the Profession ® report, knowing that organizations are rewiring to innovate and deliver competitive products and services quickly. Executives expect PMOs to be the catalyst for this change.

PMO 78

PMO Agile Planning Governance 78

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 2016 Artificial Inteligence 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.

2022 484

2022 PMO Risk Management Artificial Inteligence 484

Scrum.org

APRIL 2, 2023

For example: PMO or Finance department in a company can affect how the budget has been used, this can impact how much we can build. Once you have made some decisions they also want to know about how you are spending the budget. These sometimes are sources of innovation. For example, Internal Audit.

Innovation 185

Innovation Finance PMO Budget 185

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.

PMO 36

PMO 2022 Executing 2023 36

Planview

DECEMBER 24, 2018

The best gift for your PMO: Portfolio and Resource Management tips. Your PMO @ Hyper-speed Workshops [Webinar]. As a PMO leader, you are in a prime position to drive strategic outcomes by planning and managing today’s complex, cross-organizational programs and projects that will drive value to the enterprise.

PMO 60

PMO Governance Government 2019 60

Scrum.org

JUNE 7, 2021

My Budget, My Feature. Pitch an idea to the management, Get a budget, Treat the product people as an internal agency to deliver what you want. The Consequences : Think “Agile PMO,” metered funding, contract negotiations, and servant-leadership by status reports.

SCRUM 188

SCRUM Agile Technical Review Software Review 188

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

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 355

PMO Technical Review Information Technology Governance 355

Project Accelerator News

MARCH 21, 2023

During this mayhem, PMOs struggle to evade the cost cutting knife and are forced to cut back resources and scale down services. Subsequently, selected staff are normally transferred to departments with budgets, while others are made redundant. Here lies the opportunity for PMO directors to turn the situation to their advantage.

PMO 52

PMO Telecoms Consulting Executing 52

The Strategic Project Manager

OCTOBER 18, 2023

Hyperscaler innovators – This term implies the massive scaling of AI. The list of players in the AI ecosystem – foundation model builders, data platform providers, hyperscaler innovators, academic institutions, and application providers – has some commonalities with the Five Forces.

Technical Review 52

Technical Review Artificial Inteligence PMO Infrastructure 52

Planview

JANUARY 20, 2022

Executives also increase gaps between strategy and execution via strict adherence to annual strategic plans and budgets. This limits the flexibility required to drive change, foster innovation, and capitalize on opportunities. The brainpower and expertise needed to innovate requires cross-functional teams.

Technical Review 97

Technical Review Innovation Executing Initiating 97

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. Return on investment.

2019 103

2019 Agile Lean Finance 103

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.

Underperforming Technical Team 59

Underperforming Technical Team Innovation Budget PMO 59

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

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.

Lean 74

Lean Agile PMO Engineering 74

Planview

SEPTEMBER 26, 2019

The measure of success is typically based on completing projects on-time and within budget. That means that traditional planning, budgeting, and resource management may not compliment the new fast-paced, trial-and-error process to create new products and services—not just deliver projects.

PMO 60

PMO Lean Governance Government 60

Wrike

MAY 19, 2023

Scalability: A Clear Path Forward for Modern PMOs” took place over three separate sessions, featuring a stellar line-up of speakers including: Carolyn Lum, Industry Principal for PMO at Wrike, is a strategic business transformation leader who has led large-scale projects, programs, and portfolios across industries.

Technical Review 36

Technical Review PMO Governance Government 36

The IIL Blog

OCTOBER 17, 2023

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. Capacity Planning To identify the number of resources (e.g.,

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

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.

Planning 109

Planning Finance 2020 Executing 109

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. Leigh Espy. Leigh Espy.

2018 300

2018 Artificial Inteligence Consulting Underperforming Technical Team 300

International Institute for Learning

NOVEMBER 22, 2022

The new types of projects where we are applying project management practices are more strategic in nature and accompanied by: The need for innovation and creativity. Being on time and on budget is not necessarily success. Strategic PMOs were created as shown in Exhibit 1 to provide some form of governance for the strategic projects.

2001 77

2001 Governance Government 2009 77

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.

Planning 109

Planning Technical Review Innovation Defining 109

WorkOtter

JULY 26, 2023

This includes establishing project objectives, coordinating with team members, tracking progress, and managing budgets. It compares actual progress against planned progress to determine if your project is on schedule and budget. Developing a project management workflow is one part of this larger responsibility.

Monitoring 78

Monitoring Engineering Artificial Inteligence Defining 78

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

Ganttic

JANUARY 7, 2018

Meet with the PMO director or executive management person who assigned this to you The person that assigned you to the project can be the best source for information. The meeting with the PMO might be a good place to get leads of where the weak spots are. There’s definitely some information about the budget. If not, that on you.

PMO 60

PMO Estimate Risk Management Risk 60

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. This post first appeared on PMO Perspectives Blog. The values for each risk are quantified by the monetary impact if it occurs and the probability it will occur.

Underperforming Technical Team 75

Underperforming Technical Team Risk Management Initiating Executing 75

Planview

MARCH 8, 2019

Our penchant for applying technology to every problem often makes innovations and development more complicated. Instead, they draw out inflexible annual budgets and process mandates that everyone is expected to follow without exception, regardless of what changes may unfold.

Planning 92

Planning Innovation Agile Budget 92

Leading Answers

JUNE 9, 2017

You could well be answering a CFO’s questions about EBITDA and capitalizing prototype work in one conversation, mapping story points completed to earned value in another with the PMO, and talking to developers about NUnit test code coverage in another. There is always lots to learn, and it keeps on evolving.

Consulting 90

Consulting Agile Lean Innovation 90

LiquidPlanner

SEPTEMBER 30, 2022

The software can organize a ranking system to determine projects by value, risk, budget, and resources required. budget, resources, and human capital) that align with the organization’s strategic direction. budget savings, product growth, customer satisfaction, project maintenance, and internal operations). Portfolio Balancing.

Software Review 88

Software Review 2022 Planning Software 88

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.

Estimate 285

Estimate PMO PMI Budget 285

Herding Cats

OCTOBER 17, 2018

Advanced Project Portfolio Management and the PMO: Multiplying ROI at Warp Speed , Gerald Kendall and Steven Rollins. Reinventing Project Management: The Diamond Approach to Successful Growth and Innovation , Aaron Shenhar and Dov Dvir. How Fast, Inexpensive, Restrained, and Elegant Methods Ignite Innovation , Dan Ward.

Aerospace 44

Aerospace PMO Engineering Innovation 44

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.

Innovation 68

Innovation Information Technology Budget Process 68

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.

Estimate 459

Estimate PMO PMI Budget 459

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.

Infrastructure 92

Infrastructure Finance Innovation Budget 92

Proofhub

SEPTEMBER 6, 2018

prioritize and delegate accordingly and manage the budget. Innovation and critical thinking should be the key attributes of a project manager’s role as routine work gets managed by machines. Such a setup gives the PMO a lot more control to ensure that nothing falls through the cracks. So how can a bot help here?

Underperforming Technical Team 60

Underperforming Technical Team 2030 PMO Artificial Inteligence 60