Rebel’s Guide to PM

JUNE 19, 2024

For example, using your project management software , budgeting and forecasting (although you would involve Finance for that) and scheduling. You’ll make sure that project management processes are being followed, with the support of the PMO. They need a blend of both technical and soft skills.

2024 310

2024 PMO Governance Government 310

The IIL Blog

MARCH 26, 2024

The Project Management Office (PMO) is no exception. In this article, we will explore the rise of the AI-powered PMO and provide actionable strategies for project managers to thrive in an AI-augmented environment. Here is a foundational Generative AI PMO Template, along with guidance on how to customize and use it effectively.

PMO 88

PMO Generative AI Technical Review Software Review 88

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.

PMO 78

PMO Software Review Planning Finance 78

Bridge the Gap Consulting

APRIL 24, 2023

You’ve done the PMO Assessment. Then you created the PMO Business Case. You’ve been to meetings and finally got approval to establish your PMO. Now, I’ve seen PMO Establishment and Implementation called out as two separate steps. Ensure your PMO will properly staffed. Budgeting Control.

PMO 52

PMO Governance Government Budget 52

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?

PMO 78

PMO Executing Controlling Risk Management 78

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.

PMO 142

PMO Leadership Governance Government 142

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. After two years, the PMO most likely dissolves. After two years, the PMO most likely dissolves.

PMO 111

PMO Technical Review Governance Government 111

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

ProjectManager.com

JANUARY 16, 2024

When you’re a project management office (PMO) or program or portfolio manager, you’re going to have to deal with multiple projects in various stages of the project pipeline. By following these project pipeline management stages a PMO, program or portfolio manager can better deal with the complexities of juggling multiple tasks.

Software Review 349

Software Review Software PMO Monitoring 349

ProjectManager.com

MARCH 14, 2024

The importance of a project strategy is simple: it helps deliver projects on time, within budget and aligned with larger strategic goals. Project Management Office (PMO): A PMO is responsible for defining and maintaining the standards for an organization’s project management. This will inform your schedule and budget.

Budget 374

Budget PMO Defining Estimate 374

Planview

MAY 9, 2023

In anticipation of International PMO Day, we began curating the stories for this PMO case study roundup several weeks ago. The PMO has a long history of driving significant benefits for the business. Partnering with Planview, Cognizant created a multidisciplinary team to build and implement the enterprise PMO roadmap.

PMO 78

PMO Transportation Governance Government 78

WorkOtter

MAY 23, 2023

Setbacks in productivity can damage the success and growth of your business, which is why setting up a Project Management Office (PMO) to help handle and oversee various projects at once is a great way to avoid these issues. What Exactly is a PMO? Setting up a PMO can help with many different components of a business.

PMO 78

PMO Finance Controlling Defining 78

Project Risk Coach

NOVEMBER 14, 2022

This often comes in the form of completing the project on time, within budget, and within scope. Organizational Structure Type Project Manager’s Authority Project Manager’s Role Who Manages the Project’s Budget? Information Technology) or in a Project Management Office (PMO). There are different types of PMOs.

Risk Management 396

Risk Management Risk Underperforming Technical Team PMO 396

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.

PMO 52

PMO Cadence Underperforming Technical Team Monitoring 52

Rebel’s Guide to PM

APRIL 10, 2023

It sounds simple – we all know we should do it, but it’s hard to know where to start for a new PMO. It’s everything a novice PMO Manager needs to know to support her project managers at work. Reading this was a pleasure; I’m sure I’ll refer to it again in the future – and if you work in a PMO, you should too.

PMO 415

PMO 2016 Estimate Initiating 415

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!

PMO 52

PMO Finance Budget Executing 52

Rebel’s Guide to PM

JULY 28, 2023

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.

Software Review 280

Software Review PMO Risk Management Closing 280

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

Rebel’s Guide to PM

FEBRUARY 2, 2024

For other areas of governance such as reporting and approval levels, talk to your PMO and get these in place. 6: Review the budget Is the budget approved? Action if there is no budget plan or information: Back to the PMO or your Finance team. Action if you can’t find out: Talk to the PMO again.

PMO 297

PMO Governance Government Budget 297

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.

PMO 52

PMO 2022 Consulting Leadership 52

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.

PMO 52

PMO Finance Executing Risk Management 52

Rebel’s Guide to PM

OCTOBER 15, 2021

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. Check with your PMO. It could be over budget, running behind schedule or have uncontrolled scope changes (or all three).

Software Review 372

Software Review PMO Risk Management Closing 372

Rebel’s Guide to PM

FEBRUARY 12, 2024

Unfortunately I’m not able to say, “I’m struggling with Excel right now, I really don’t have these budgeting skills, so we won’t bother to have a budget tracker on this project.” Budget management is definitely a skill to develop because it is useful in future roles too – say, if you move into a role with a P&L responsibility.

Finance 321

Finance Risk Management Budget Risk 321

Rebel’s Guide to PM

MARCH 12, 2022

The PMO will specify the route your project has to follow. If you are new to the idea or thinking about implementing one for your PMO, here is an example so you can see how it works. The PMO will normally have a gate review template or checklist for this, whether that is a document or slide deck or some other format.

Prince2 395

Prince2 Governance Government PMO 395

Rebel’s Guide to PM

JANUARY 23, 2023

The project manager , another project manager, a PMO person, or a risk audit person could carry out the audit. Audits are part of internal controls on a project and fall under the governance arena, so if you have specific PMO team members who look at governance, they are the ones to ask. Who carries out the risk audit?

Risk 397

Risk PMO Risk Management Governance 397

ProjectManager.com

MAY 14, 2024

Project Managers Program Managers Project Portfolio Managers Project Management Office (PMO) Executives & Board of Directors Department Managers Business Decision Makers Free Project Status Report Template The RAG status is used when making a status or portfolio report. They are as follows. There’s even a risk management overview.

Software Review 356

Software Review Budget Closing Risk Management 356

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.” This is where the healthcare PMO comes in, but the group agreed that it’s presenting challenges.

Healthcare 97

Healthcare PMO Innovation Lean 97

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

Rebel’s Guide to PM

JUNE 24, 2020

For other areas of governance such as reporting and approval levels, talk to your PMO and get these in place. 6: Review the budget. Is the budget approved? Action if there is no budget plan or information: Back to the PMO or your Finance team. Action if you can’t find out: Talk to the PMO again.

PMO 507

PMO Governance Government Budget 507

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.

PMO 87

PMO Estimate Risk Management Governance 87

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. On the other hand, if an organization has underdeveloped management, the more likely that its projects will have trouble meeting deadlines and staying on budget. Let’s define each of these five stages.

Underperforming Technical Team 336

Underperforming Technical Team Risk Management Software Review Budget 336

Planview

MARCH 6, 2020

Executives expect PMOs to be the catalyst for this change. Success requires becoming a more “Adaptive PMO,” evolving how you plan, govern, and empower delivery teams to do their best work. This transition can be uncertain, but Planview is working with PMOs to make it easier as this new video demonstrates.

PMO 78

PMO Agile Planning Governance 78

Bridge the Gap Consulting

JANUARY 12, 2023

Why do you want a PMO? That’s a hell of a question to ask when you’re the consultant asking a client why they want to start a Project Management Office (PMO). Yes, they’d read about a company in the same industry that stood up a PMO and was successful. ” PMO was born. Sounds like sunk costs to me.

PMO 52

PMO Finance Consulting Leadership 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

Rebel’s Guide to PM

APRIL 8, 2021

I spoke to Nada Abandah , a project manager in the PMO for the Dubai Health Authority, about what it’s like to work in healthcare during a discussion for the Project Management Club on Clubhouse. The tool you end up using depends what your PMO implements. What’s it like being a project manager in healthcare?

Healthcare 388

Healthcare PMO Finance Certification 388

EasyProjects

SEPTEMBER 29, 2020

The project management office (PMO) is typically an operating unit of a professional services firm. The writer worked for an extended period in two firms that may broaden the concept of the PMO. The writer worked for an extended period in two firms that may broaden the concept of the PMO. Introduction. Was it project-based?

PMO 52

PMO Underperforming Technical Team Software Review Consulting 52

Rebel’s Guide to PM

AUGUST 24, 2022

The PMO will want a copy and you should also send one to the project sponsor and any other senior stakeholders. Double-check that the PMO has the lessons too. Close out the budget and contracts. Your project budget and contracts are closed out at project completion. Make sure that everything that needs to be done is done.

Closing 418

Closing PMO Budget Finance 418