Starting a PMO

MPUG

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.

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The Risk Management Plan

Project Risk Coach

If you have a PMO, see if they have a risk management template. Warning – do not use the same plan for every project. Work with your team to right-size your risk management plan. The risk management plan should be commensurate with the size and complexity of your project.

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Key Responsibilities of the PMO

Brad Egeland

A project management office (PMO) is an organizational entity usually tasked to centralize and coordinate the management of projects within an organization. ​ A PMO oversees the management of projects, programs, or a combination of both.

2020 151

Resource Planning the Savvy PMO Way

Planview

This blog series is part of our quest to help you enhance your resource planning, no matter where you are on the resource management and planning capacity curve. In this blog, we summarize the last three resource planning steps.

2020 78

Sustain Your PMO: Nine Easy Lessons

The Lazy Project Manager

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., The risk to not doing so is to, at the very least, slow the return on investment of the new PMO down.

Lean Portfolio Management: Lean Budgets and Investment Funding

Planview

Funding practices—that is, the way budgets are allocated throughout the organization—dictate nearly every business outcome. This is where Lean budgeting comes in. In traditional organizations, funding decisions are project-based, meaning budget is allocated on a per-project basis.

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Become an Adaptive PMO: Advance Agility Across Planning and Delivery

Planview

Success requires becoming a more “Adaptive PMO,” evolving how you plan, govern, and empower delivery teams to do their best work. Since every organization is different, you need to find your PMO’s optimal path to facilitate agility and deliver strategic outcomes faster.

2020 78

Four Key Elements of a Viable PMO

Brad Egeland

Your organization has a project management office or is planning to create one. Here I've outlined what I believe to be the four key elements of project management office (PMO) success. The PMO must focus on hiring good, experienced project managers.

2020 153

Just What is the Difference Between Project Support and PMO?

Arras People

There are people who are interested in getting into a project management role and believe that PMO or project support is one of the easier ways to do so. People often use the words “project support “and “PMO” interchangeably as if it’s the same thing. PMO project support

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3 Things Your PMO Is Doing Wrong — and How to Fix Them

Keyedin

An effective project management office (PMO) can be a powerful partner in driving positive business outcomes. When the pieces do not fall into place, however, a PMO can become a liability. What causes PMO failure? On the surface, a PMO and PPM seem to go hand-in-hand.

2020 85

Making Better Business Decisions with Continuous Planning

Arras People

The PMO community have often discussed the problems in portfolio management surrounding planning. Here’s Carina: Improve Agility Through Continuous Planning. Budget season. 66% with integrated plans can respond with more agility to changing business environments.

How To Secure Your PMO Profitability?

Project-Management.pm

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. Such occurrence causes the PMO to fall into a disorganized chaos that disrupts the flow of the project. PMO Profitability Problem #1: The PMO is a progeny of a defective executive structure.

PMO 78

20 Things For Your Project Management Plan [With 3 Free Templates]

Girl's Guide to PM

Your project management plan is more than just a schedule of work. Although I am guilty of using ‘plan’ and ‘Gantt chart’ interchangeably. So what does go in the project management plan? Below you’ll find 20 things that make up a comprehensive project management plan.

2017 296

Continuous Planning Equals Business Agility

Planview

This blogs provides a simple analogy about leveraging continuous planning when planning a trip, how to evaluate planning practices within your organization, steps to consider when beginning your planning process, and the capabilities needed to advance your continuous planning process.

Agile 116

Is Joining a PMO the Right Career Move for You?

LiquidPlanner

Project managers wonder where the PMO fits in their career as many project managers are rewarded with more projects and higher complexity and scope—not detours into process, methodology, and compliance. Is joining a PMO a good career move? Will I be stuck if I go into the PMO?

PMO 107

How to Achieve Results Through Implementing PMO?

Project-Management.pm

Implementing PMO is the key to combat such issue. With this, PMO will take over various components of the agency such as strategy , quality of the products, and enhancement of resource management. PMO is crucial and a key instrument in for the success of any existing agency. Implementing PMO will boost all the agency’s structures and that includes the results that they will deliver. These are evaluating, planning , and implementing.

PMO 69

Healthcare PMO: BCBS Roundtable Exchanges Thought Provoking Ideas

Planview

A healthcare PMO today must have a strong constitution. Healthcare PMO’s should ensure that the organization has the right portfolio mix to accomplish its goals and be able to pivot and re-prioritize as needed. We argue less and spend more time discussing what we plan to work on.”.

What Is a PMO? PMO Meaning and Examples

Teamweek

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.

PMO 52

Why PMOs Fail: 5 Shocking PMO Statistics

Keyedin

As you can see from the quotes below, there is much to be concerned about as you set up your PMO and Project Portfolio Management (PPM) strategy. Since 2008, the correlated PMO implementation failure rate is over 50% (Gartner Project Manager 2014).

PMO 78

5 Characteristics of A Successful PMO Leader

Planview

Maybe you’re part of a newly-minted project management office (PMO). Or perhaps you’re a tenured PMO leader and looking to refine your skills. This is a collection of tips to help you advance your skills, mitigate risk, and address challenges head-on to advance your newly created PMO.

PMO 83

Strategic Planning: The Types of Planning That Bring Your Strategy to Life

Planview

In this blog series, we are providing an overview of the seven planning types to help you deliver on strategy with a dynamic and continuous approach. Specifically, we’re looking for who really cares about planning and who usually steps up when a plan is needed.

20 Things For Your Project Management Plan [With 3 Free Templates]

Girl's Guide to PM

Your project management plan is more than just a schedule of work. Although I am guilty of using ‘plan’ and ‘Gantt chart’ interchangeably. So what does go in the project management plan? Below you’ll find 20 things that make up a comprehensive project management plan.

2017 209

Scope Management Plan: Everything You Need to Know

Online PM Courses

So for a formal project, you’ll need a good Scope Management Plan. But a Scope Management Plan is a tiny part of project management. Why a Scope Management Plan is Important. In other words which comes first scope management plan or project management plan?

Project Cost Management – The Essential Things to Know and Do

Online PM Courses

But there’s little your project sponsor, your client, or their Finance Director care about more than your budget and how closely you can stick to it. What is not negotiable is the budget. Monitoring and controlling project expenditure to adhere to your budget.

Three Key Takeaways from PMO Symposium 2019

Keyedin

PMO Symposium 2019 was held earlier this month in Denver, CO. This intense four-day event was packed with insights on building an adaptive, future-ready PMO. With the PMO currently under attack, the way a company must operate in the digital marketplace is by being more agile and open to consistent change. In doing so, your PMO can become the company’s ally in transforming itself into an adaptive, fast, flexible and competitive industry leader.

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Why PMOs Fail: 5 Shocking PMO Statistics

Keyedin

As you can see from the quotes below, there is much to be concerned about as you set up your PMO and Project Portfolio Management (PPM) strategy. Since 2008, the correlated PMO implementation failure rate is over 50% (Gartner Project Manager 2014). Only a third of all projects were successfully completed on time and on budget over the past year (Standish Group’s CHAOS report). This misalignment has serious consequences for both the PMO and the business.

PMO 60

Roadmapping: An Essential Planning Practice to Deliver Outcomes

Planview

In this edition, we’ll look at the remaining four planning types: investment and capacity planning, roadmapping, release planning, and technology portfolio planning. Investment and Capacity Planning. Outcome Planning and Roadmapping. Lean and Agile PM

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Six Data Points Needed to Create a Great Project Communication Plan

MPUG

But, what is there to plan in communication? Well, day to day mundane communication does not need any planning, but project communication requires serious planning. You probably only spend a small part of your day on budgeting or scheduling activities.

2020 72

5 Key Reasons Why You Need a PMO

Keyedin

Well a PMO is a great place to start, helping you to standardize processes and drive up project success rates. Here are the top 5 reasons why you need a PMO. You have limited resources and capacity planning is an issue.

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Putting Continuous Planning Types to Work

Planview

Welcome to the finale of our four-part series that reviews the types of planning organizations have at their fingertips to convert strategy into results. Part II: Strategic Planning: The Types of Planning That Bring Your Strategy to Life. Lean and Agile PMO

PMO Leaders: Creating Executive Conversations that Convert

Keyedin

Convert your executive sponsors and leaders to staunch supporters of your PMO. If your leadership team does not understand your PMO capacity and corresponding strategy, they may have a difficult time trusting you with their most crucial business goals. We recently hosted a webinar titled “ Modern Capacity Planning – Putting the Strategy into Resource Management ” in which many attendees cited this problem as paramount in their organizations.

The 5 Most Important Business Benefits of a Successful PMO

Keyedin

The program management office (PMO) can demystify project management processes and ensure both a strategic and tactical approach that is holistic and gets the most value from your projects. As business partners, your PMO teams will need to exhibit strategically-impactful results.

PMO 78

PMO Leaders: Creating Executive Conversations that Convert

Keyedin

Convert your executive sponsors and leaders to staunch supporters of your PMO. If your leadership team does not understand your PMO capacity and corresponding strategy, they may have a difficult time trusting you with their most crucial business goals. We recently hosted a webinar titled “ Modern Capacity Planning – Putting the Strategy into Resource Management ” in which many attendees cited this problem as paramount in their organizations.

PMO Charter Template

Techno-PM

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.

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Dynamic Planning: Refocus, Reprioritize, and Reallocate Rapidly

Planview

Urgency to switch to digital business is just one way organizations are responding to current disruptions, highlighting the need for dynamic planning. Dynamic Planning and Rapid Reprioritization are Key to Moving at Speed. Dynamic Planning and Rapid Reprioritization Capabilities.

2020 96

5 Key Reasons Why You Need a PMO

Keyedin

Well a PMO is a great place to start, helping you to standardize processes and drive up project success rates. Here are the top 5 reasons why you need a PMO. You have limited resources and capacity planning is an issue.

PMO 78

Scheduling and Cost Control in a Complex Environment

Strategy Execution | PMO Perspectives

Professor Flyvbjerg’s evidence showed that out of 12,000 major projects studied globally, fewer than half were on budget, fewer than 8% also on schedule, and only 0.5% Front-End Planning Starts with the Business Case. This post first appeared on PMO Perspectives Blog.

Five Ways Capacity Planning Will Prove Your PMO’s Value

Keyedin

In the Q&A sessions of our webinars we get many questions concerning how to properly budget for resources. These are great questions and we know that every day, executive sponsors pressure the PMO leaders to “pull a rabbit out of their hats” when allocating resources. As a PMO leader, you know that skilful resource demand planning , without pushing your talent to their limits, is a better way to protect the bottom line.

PMO 60

Action! Four Ways to Build a Customer-Obsessed PMO

Keyedin

Get rolling on a new maturity plotline for your PMO, with four competencies that script a strategic change. Fall movie season is upon us and like your favorite new flick, your PMO might be undergoing a plot-twist as the year wraps up. As you start your budgeting and plan out goals for the year ahead, you might want to take a step back and look at your trajectory from a 1,000 ft.

PMO 60

Five Ways Capacity Planning Will Prove Your PMO’s Value

Keyedin

In the Q&A sessions of our webinars we get many questions concerning how to properly budget for resources. These are great questions and we know that every day, executive sponsors pressure the PMO leaders to “pull a rabbit out of their hats” when allocating resources. As a PMO leader, you know that skilful resource demand planning, without pushing your talent to their limits, is a better way to protect the bottom line.

PMO 60