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The Functions of a Project Management Office

Project Pulse Journal

It includes monitoring the progress of projects in the portfolio, ensuring they deliver the expected benefits, and making necessary adjustments to the portfolio based on performance and strategic changes. Performance Measurement Implementing and maintaining performance measures and metrics is essential for assessing success.

PMO 52
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What is A System for Value Delivery in Project Management

Project Pulse Journal

Organizational governance supports the different value-creation strategies to integrate sustainable growth as it aligns with the company's success, compliance framework, and ethical standards. Efficiency and effectiveness are also measures of value creation. Ultimately, if there were no happy customers, businesses would struggle.

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Understanding the Organizational Governance System as Project Managers

Project Pulse Journal

Whether the aim is to enhance market competitiveness, drive innovation, or expand market reach, effective project governance systems are as important as a project plan and act as the linchpin that aligns every project initiative with these strategic imperatives. The project team should collaborate to identify and manage risks.