ProjectManager.com
FEBRUARY 21, 2023
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.
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.
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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. Why have a mission statement for the PMO? It should explain what the PMO does and why it exists.
Brad Egeland
AUGUST 26, 2022
Often, at the core of an organization’s successful project management infrastructure, is a solidly structured, well run project management office or PMO. A PMO Director who is stretched too thin leading the group AND managing several projects will have trouble succeeding at either.
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.
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.
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. The risk to not doing so is to, at the very least, slow the return on investment of the new PMO down. Is the PMO model the right one?
Planview
JUNE 30, 2022
In times of economic uncertainty, PMO value is critical. Maximum PMO value ensures the work delivered aligns with company strategy. Even once-prized departments can be at risk of budget cuts, abandoned projects, and layoffs. Certainly, the PMO is not immune.
Brad Egeland
JULY 20, 2022
I am available for 1 on 1 mentoring, team discussions, analyzing and fixing your PMO, or coming onboard as your newest Project Manager. Contact me or email me and tell me what you need. I can be available immediately if needed.
International Institute for Learning
JANUARY 25, 2023
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.
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. 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.
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. In traditional organizations, funding decisions are project-based, meaning budget is allocated on a per-project basis.
Brad Egeland
JANUARY 18, 2020
Here I've outlined what I believe to be the four key elements of project management office (PMO) success. Follow these four key elements and the likelihood that your PMO will be viable will increase drastically. The PMO must focus on hiring good, experienced project managers.
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=fail.
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 is PMO?
Brad Egeland
MAY 18, 2022
The PMO should increase the accuracy of projects in terms of the budget, resources and schedule associated with them. If you aren't getting that accuracy – if your teams and projects are consistently missing the mark – then your PMO isn't working or working right. A sign that something is wrong somewhere in the PMO. Deliver programs on-time, within budget and according to scope. Are your projects being delivered on time and on budget?
Project-Management.pm
FEBRUARY 7, 2017
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. Implementing PMO Step#1: Evaluation . Implementing PMO Step#2: Planning.
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. So, he created strategy; the PMO Marketing Plan. PMO’s fail frequently.
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.
Wrike
FEBRUARY 15, 2021
The structure of your organization’s project management office (PMO) may be the difference between effective and ineffective project management. Your PMO structure must blend in with the organizational culture to ensure project management success. What is a PMO structure?
Brad Egeland
JANUARY 23, 2020
Not all organizations require the level of oversight, structure and management that a project management office (PMO) will bring to an organization. Put a PMO Director in charge. Hire a PMO director. Make sure senior management is behind the PMO project.
Brad Egeland
JANUARY 18, 2021
Not all organizations have a project management office, or PMO. Overview of PMO concept and duties First, let’s examine the overall concept of the PMO and the duties it is intended to perform. That’s really a bad call unless your organization and PMO is very small.
Brad Egeland
AUGUST 23, 2020
Here I've outlined what I believe to be the four key elements of project management office (PMO) success. Follow these four key elements and the likelihood that your PMO will be viable will increase drastically. The PMO must focus on hiring good, experienced project managers.
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. The same applies to the establishment of a PMO via the PMO Charter. What should a PMO Charter contain? That is done by stating what are the objectives of the PMO.
Planview
DECEMBER 13, 2019
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.
Planview
APRIL 16, 2021
The role of the PMO is changing. We recently got an in-depth look into this new face of the PMO during our webinar – “What’s Ahead for the PMO?” Here’s a quick recap of key points about the evolving role of the PMO. Measuring PMO Value and Benefits to the Organization.
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. Meaning of PMO, its role and responsibility. What are the benefits of the PMO?
Planview
FEBRUARY 12, 2020
These focus on how the Savvy PMO uses data to not only manage day-to-day operations but also prepare for the future. This is where the Savvy PMO starts to create dashboards and reports to ensure continuous alignment of resources to strategic projects.
Wrike
MARCH 25, 2021
What is an Agile PMO? Does my organization need an Agile PMO? Keep reading to discover the benefits of Agile development and the specific set of features and organizational structure an Agile PMO offers that regular PMOs simply don’t. Introducing the Agile PMO.
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.
Techno-PM
SEPTEMBER 25, 2018
PMO KPI Dashboard - Excel While more and more IT organizations have a project management office (PMO) in place nowadays, the percentage of IT PMOs which are terminated after just a brief period of time is far from encouraging. Download This Template PMO KPI Dashboard This scenario can have several causes; however, a common reason is the lack of communication of the value of the PMO to the organization. The PMO delivers so many more services, why not measure these too?!
Planview
NOVEMBER 9, 2018
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. As a PMO leader, you are responsible for centralizing projects into a single portfolio, establishing governance and processes while prioritizing projects based on strategic objectives—but you do not have the tools necessary to execute the process effectively. Your organization is transforming.
Brad Egeland
JANUARY 31, 2022
Do you need long term or one-off expert project management help right now? Tech PM or just a very experienced real world go-to Project Manager to come in and help take charge? I can do remote or onsite, full-time or part-time, W2 or 1099. Contact me by email or through my contact form here. Let's discuss. Thanks! You're only as successful as your last customer thinks you are." What does your organization look for in a consulting professional? A 'yes' man?
LiquidPlanner
JULY 30, 2019
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. If you are a PM who has considered a PMO assignment, you may have asked yourself these questions: Where does the PMO fit in this career path? Is joining a PMO a good career move? Will I be stuck if I go into the PMO? Five Reasons to Join a PMO.
Brad Egeland
JANUARY 28, 2022
Do you need long term or one-off expert project management help right now? Tech PM or just a very experienced real world go-to Project Manager to come in and help take charge? I can do remote or onsite, full-time or part-time, W2 or 1099. Contact me by email or through my contact form here.
Wrike
APRIL 14, 2021
PMO maturity models have been called indispensable for their ability to ensure continuous improvement, involve strategic insight from upper management, and create a personalized benchmark system for growth. But what is a PMO maturity model, and why and how should your team use one?
Wrike
FEBRUARY 1, 2022
Project scorecard: With budgeting in Wrike, program managers can add custom fields to track budget spend for their entire program while also sharing real-time updates with their team and highlighting key milestones and KPIs. Get all the PMO use cases here.
Wrike
MARCH 15, 2021
PMO vs. EPMO: what is the difference? While PMO has greatly helped many organizations, EPMO is the way of the future. . They actively work to correct many of the now outdated practices of the traditional PMO role. . Enterprise PMO) appeared first on Blog Wrike.
Strategy Execution | PMO Perspectives
MAY 28, 2020
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% This post first appeared on PMO Perspectives Blog.
Techno-PM
SEPTEMBER 25, 2018
PMO KPI Dashboard - Excel While more and more IT organizations have a project management office (PMO) in place nowadays, the percentage of IT PMOs which are terminated after just a brief period of time is far from encouraging. PMO KPI Dashboard This scenario can have several causes; however, a common reason is the lack of communication of the value of the PMO to the organization. The PMO delivers so many more services, why not measure these too?! PMO Concepts
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