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. It shows each project as it moves from one stage to the next in the project management process, from initiation to closure. That’s called the project life cycle.

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Software Review Software PMO Monitoring 350

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?

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PMO Executing Controlling Risk Management 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. Prioritization/Governance Processes. Budgeting Control.

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PMO Governance Government Budget 52

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.

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PMO Software Review Planning Finance 78

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. But PMOs must be agile and adaptable to be valued business partners. And for good reason. And for good reason.

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PMO Transportation Governance Government 78

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 covers the whole lifecycle from finding ideas for projects, through the prioritization process and planning for the most productive organization possible. This book review first appeared in 2016.

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PMO 2016 Estimate Initiating 414

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.” Boost your skills: Make sure everyone on the team knows how to manage risks and what the process is. And I don’t have them all – I’m aware of that.

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Finance Risk Management Budget Risk 319

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. Remember, People + Process = Success. Learning to Walk Before You Start Running.

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PMO Technical Review Governance Government 111

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.

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PMO Leadership Governance Government 142

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.

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PMO Cadence Governance Government 52

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.

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Risk Management Risk Underperforming Technical Team PMO 396

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. This requires an organization with a well-developed project management process. Rather, it’s a team effort guided by standardized processes, well-defined roles and responsibilities and collaboration.

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Underperforming Technical Team Risk Management Software Review Budget 337

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.

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PMO Finance Controlling Defining 78

Rebel’s Guide to PM

MARCH 12, 2022

Project governance is an important part of project management processes – even if it’s not the most exciting part of getting work done. Gate reviews, or stage reviews are part of the PRINCE2® process, and also part of the Infrastructure and Projects Authority’s Project Roadmap in the Governance module. The stage gate process explained.

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Prince2 Governance Government PMO 396

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.

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PMO Governance Government Budget 303

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.

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PMO Cadence Underperforming Technical Team Monitoring 52

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!

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PMO Finance Budget Executing 52

Rebel’s Guide to PM

JANUARY 23, 2023

A risk audit is a process used to determine whether the actions to manage the risk are actually happening and if they are happening effectively. The project manager , another project manager, a PMO person, or a risk audit person could carry out the audit. What is a risk audit in project management? Who carries out the risk audit?

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Risk PMO Risk Management Governance 397

Rebel’s Guide to PM

JANUARY 31, 2024

The APM BOK defines project quality as: “The fitness for purpose of the degree of conformance of the outputs of a process, or the process itself to requirements.” Good” could be: The buttons are green The process takes less than 3 seconds Latency is 0.1 But, projects rarely have dedicated budgets for training.

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Software Review Technical Review Budget Defining 332

Rebel’s Guide to PM

APRIL 22, 2024

Securing the right resource (and enough of it) is a huge headache for PMO leaders and project professionals. The PMO can lead on this but everyone will need to follow the process for it to work. Resolve by setting criteria on how resources are assigned – by the PM, product owner, team leader etc.

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Technical Review PMO Risk Management Software Review 280

ProjectManager.com

JANUARY 12, 2024

Then we’ll help you with the workforce planning process and explain the benefits of using workforce planning in your projects. Workforce planning is the overall process of analyzing, forecasting and planning workforce supply and demand. Workforce planning also involves the process of forecasting the gap between capacity and demand.

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Planning Estimate Risk Management Budget 343

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.

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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.

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PMO Executing Finance Risk Management 52

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.

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Lean Budget PMO Underperforming Technical Team 103

Rebel’s Guide to PM

MARCH 14, 2024

25% of PMO directors say that AI has disrupted their PMO ( Capgemini ) – and I’m sure that number will only continue to rise. 66% of experts believe that project scheduling and time management is the area with the highest potential for AI process automation. Let’s look at some more statistics about the benefits of AI.

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Artificial Inteligence Technical Review 2028 2024 372

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.” It’s an exciting time as we go through the portfolio process.

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Healthcare PMO Innovation Lean 97

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. Part of the project completion process is to get in touch and tell them. Close out the budget and contracts. Tell everyone the project is closed.

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Closing PMO Budget Finance 419

Project Risk Coach

OCTOBER 23, 2022

The primary causes of our longer cycle time are an inadequate number of qualified claims adjusters and inefficient claims processes and systems. Hiring and training additional auto claims adjusters, improving our claims processes, and modifying our systems. Goals] How? Solutions]" You may order the components as you like.

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Underperforming Technical Team PMO Initiating Risk Management 170

Scrum.org

AUGUST 9, 2023

During a dinner conversation after the conference, you further discover that PMO (Project Management Office) can support you in leading an Agile transformation and successful Scrum adoption, by covering governance and ensuring alignment across the enterprise.

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SCRUM PMO Governance Government 154

ProjectManager.com

JANUARY 10, 2024

Project managers are constantly making requests to the project management office (PMO). However, problems occur when requests are submitted without a standardized process. To avoid that, you need an intake process. A project intake process is beneficial for an organization. What Is the Project Intake Process?

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Process PMO Software Review Estimate 351

Rebel’s Guide to PM

APRIL 18, 2024

The formulation of business cases, risk and problem management, cost control, project scope, budgeting, and schedule management are among the fundamental skills that your apprentices will master in this environment.” The application process requires you to show that you have 5 GCSEs at C or above and A Levels or equivalent.

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Construction Engineering Certification Controlling 299

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.

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PMO Governance Government Budget 505

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.

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PMO Estimate Risk Management Governance 87

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.

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PMO Finance Consulting Leadership 52

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 response has shown us how much potential we have to throw away rigid processes. What’s it like being a project manager in healthcare?

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Healthcare PMO Finance Certification 391

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?

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PMO Underperforming Technical Team Artificial Inteligence Budget 52

Rebel’s Guide to PM

MARCH 18, 2021

For example, an estimate is the obvious output of the estimating process, so estimates aren’t mentioned again as a separate project artifact. This category relates to the various project management logs and registers we have as part of the daily management of the process. Logs and registers. You can grab the set I use here.

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Logistics Artificial Inteligence PMI Performance Measurement 509