Project Risk Coach

AUGUST 24, 2020

Mike was a functional project manager in an organization where I managed a PMO. In a one-on-one meeting, I asked Mike how he was identifying, analyzing, and managing his risks. His response revealed his belief in risk management but a lack of actual application with his teams. Failure to focus on the risks that matter.

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Project Risk Coach

OCTOBER 22, 2018

So, how can you build a PMO you can be proud of, one that thrives? Why Are There So Many Troubled PMOs? No one intends to build an impotent PMO, but it happens. The PMO lacks power and effectiveness. Therefore, people see the PMO as a hindrance, not an enabler. Click here to discover 40 reasons PMOs fail.

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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.

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Rebel’s Guide to PM

SEPTEMBER 23, 2023

You’re trying to get clarity on: The reasons for doing the project The benefits of doing the project Any risks that you can foresee now The scope and deliverables The costs and timelines Who should be involved and who should make decisions What quality looks like and how it will be achieved.

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Project Risk Coach

FEBRUARY 7, 2022

First, organizations implement PMOs with a lack of clarity. Why does the organization need the PMO? What is the role of the PMO? How will the PMO engage with the senior leaders? Second, the PMO fails to ask for feedback and incrementally evolve. How PMOs Can Become Strategic Enablers 1.

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The Strategic Project Manager

AUGUST 11, 2022

PMO’s institutionalize those processes and frameworks across all projects within an organization or domain. Are project management and PMO skillsets different? The PMO Skillset. There surely are more things a PMO does, but this covers the main groupings. The House of PMO.

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ProjectManager.com

DECEMBER 6, 2023

Usually, companies have a project management office (PMO) that will oversee the portfolio or program to ensure it meets strategic goals. These are high-level positions for people who already are tasked with managing projects, programs and portfolios as well as the aforementioned PMO. Let’s take a moment to define these positions.

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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. This guide will show you how to set up a PMO, explain different types of PMOs, and why having one is important for your business. What Exactly is a PMO?

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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.” Level 3: Project Controls Technician There is also a Level 3 qualification.

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Kiron Bondale

JANUARY 6, 2019

But after finishing the book, I realized that there is a much more compelling example of the challenges experienced with risk asymmetry in many large organizations, namely with those staff who are responsible for developing the policies, standards and methods used by teams for delivering projects or products.

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ProjectManager.com

JANUARY 23, 2024

That’s because the project teams involved with these successful projects follow a defined and repeatable process, which mitigates risk and achieves objectives. It helps to complete projects on time, manage risk, achieve project goals, deliver more benefits and handle change with minor disruption.

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Rebel’s Guide to PM

OCTOBER 1, 2023

They might also advise the project manager on how best to do particular project management techniques like communication management , risk management , quality management and change management. They can also help the project manager tailor the approach, methods or controls used to make sure it is fit for purpose.

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Project Risk Coach

OCTOBER 12, 2020

I've also had the joy and the pain of implementing three Project Management Offices (PMOs), two in Information Technology Departments and one Enterprise PMO. Through the years, I've noted many reasons that PMOs fail or struggle. It's rarely just one thing; it's usually a combination of things. Here is a list of causal factors.

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Rebel’s Guide to PM

JULY 28, 2023

When this support is provided and the project is brought back under control, less of your investment will be wasted. Check with your PMO. There’s a significant level of project risk with no plans to address that risk. The project manager and team have everything under control. According to PMI, 11.4%

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Planview

AUGUST 16, 2021

Portfolio Management Offices are in a prime position to deliver this business agility – with the right PMO roadmap. Peter, who wrote the book The Lazy Project Manager , drew upon his 30 years of experience building and leading PMOs to provide some guideposts. 34:15): One of the great risks is sticking with the status quo.

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Henny Portman

JANUARY 3, 2024

This new IPMA standard defines the competences for the individuals working in PMO. A PMO has three main activities: Design – the creation, establishment and maintenance of standards, processes, procedures, and tools that define how work should be done inside. Can a PMO employee not be a portfolio manager or portfolio analyst?

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Rebel’s Guide to PM

FEBRUARY 2, 2024

You won’t know if the risk log is sound and the resource planning sensible until you investigate. Worst case, you’ll find out that there are hardly any plans, documents and methods of control over the work. For other areas of governance such as reporting and approval levels, talk to your PMO and get these in place.

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Rebel’s Guide to PM

MARCH 12, 2022

A gate review is a control point that acts as a go/no go decision point for the work. Risk management. Project risk can be re-evaluated, and that can provide useful information for the program or portfolio team. Gates allow you to transition between stages in a controlled way. What is a gate review?

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ProjectManager.com

DECEMBER 7, 2023

Enterprise environmental factors can be defined as conditions that aren’t under the immediate control of the project team. Both being beyond the control of the project team, and even the organization that initiated the project, enterprise environmental factors can affect the outcome of the project, both negatively and positively.

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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. Planview created the Savvy PMO Guide Series to give organizations actionable guidance on how progress PMO leadership.

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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.

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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.

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Software Review Software PMO Monitoring 350

Rebel’s Guide to PM

MARCH 14, 2024

Uses of AI in project management AI is in use by project delivery practitioners and Project Management Office professionals, generally through tools like ChatGPT or Microsoft Copilot, and more specifically such as in tools designed to support particular domains like AI in risk management. 23% of organizations are using or planning to use RPA.

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Henny Portman

FEBRUARY 22, 2020

AIPMO is developing the first ‘leading’ international PMO standard based on a combination of research findings and expert knowledge. P3O or IPMA PMO certifications are not comparable to AIPMO’s core certifications in terms of approach, content and outcome. AIPMO’s core PMO certifications covers much more!

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Rebel’s Guide to PM

OCTOBER 15, 2021

When this support is provided and the project is brought back under control, less of your investment will be wasted. 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.

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MPUG

SEPTEMBER 4, 2023

In this article, we’re addressing a common question in modern project management: Do we need risk management in agile projects? Do agile projects have risks associated with them? And do we want to let those risks run wild without any effort to contain them? So, yes, of course, we need risk management in agile projects.

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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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Project Pulse Journal

APRIL 25, 2024

A Project Management Office (PMO) isn't just about oversight; it's about empowering your projects to deliver real value. A well-implemented PMO can transform your project delivery process , ensuring that every project is set up for success from the start. Discover how a PMO can be a game-changer for your organization.

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ProjectManager.com

AUGUST 29, 2023

Change control The term for a process to systemically monitor and approve or reject any change requests made to a product or project. The process is designed to increase project efficiency and minimize scope creep by controlling every change and ensuring that changes are made according to set requirements for approving change.

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Rebel’s Guide to PM

FEBRUARY 10, 2020

Project Controller: If you want an entry level job in heavy industry like engineering, construction, then look for this job title. Document Controller: If paperwork is your thing, this is the job for you! A document controller is responsible for filing, managing and looking after all the documentation created by a project.

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Rebel’s Guide to PM

JANUARY 24, 2022

More trust, less control (especially in remote teams). What we practice already and more and more companies are adopting is more trust and less control. It’s a way of automating repetitive tasks and it’s having a bit of an impact on the PMO community. Use tools designed to help keep your remote and hybrid team on the same page.

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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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ProjectManager.com

JANUARY 12, 2024

Strategic workforce planning is used by an organization or its project management office (PMO) to achieve its long-term plans. It addresses external workforce factors that might impact the larger business and maintains organizational capacity while minimizing risk exposure.

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Rebel’s Guide to PM

SEPTEMBER 26, 2022

The overall change is managed as a program, under a program manager who consolidates program-level risks, manages resource conflicts across all projects, controls the budget and works with business owners to realize the benefits across all the initiatives. There are multiple projects with interdependent resources, risks, and timelines.

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Rebel’s Guide to PM

MARCH 18, 2021

Assumption log Risk register Backlog (see, agile project artifacts are relevant too) Stakeholder register. Work breakdown structure Product breakdown structure Organizational breakdown structure Risk breakdown structure. Your PMO may define mandatory artifacts: a list of project documents that you must create for each project.

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MPUG

NOVEMBER 10, 2019

Traditionally, the department managing the flow of projects, including innovation initiatives, is the Project or Portfolio Management Office (the PMO). According to the Project Management Institute, 71% of companies have a PMO, a steady rise over the past ten years. The post The Need for an Innovative PMO appeared first on MPUG.

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Project Risk Coach

MARCH 29, 2021

Your project may morph into a two-headed monster without an integrated change control process, resulting in adverse impacts to schedule, cost, and scope. Change Control Board. Another option is to create a Change Control Board (CCB). Some organizations have a Change Control Board that review change requests for all projects.

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