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

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 Executing Finance Risk Management 52

Rebel’s Guide to PM

APRIL 21, 2021

A Good Project Manager takes ownership of devising an executive plan that delivers results, not excuses. Time limits and well-executed facilitation. They run meetings inefficiently, which results in participant frustration and complaints to VPs of PMO. They perform competitor analysis and evaluate alternatives. Jahn Karsybaev.

2021 477

2021 PMO Executing Risk Management 477

ProjectManager.com

DECEMBER 13, 2022

This will give you an idea if it’s the right strategy to execute your portfolio management. Lean portfolio management is a process by which strategy is aligned with execution using a lean approach and agile portfolio operations and governance. For example, executive leaders are crucial to effective implementation. Manage Demand.

Lean 333

Lean Software Review Manufacturing Governance 333

ProjectManager.com

NOVEMBER 30, 2023

This will include an accurate estimate of decentralized IT spending and shadow IT spending, the former being the distribution of functions, control and information, while the latter is IT-related hardware and software use without the knowledge of the IT department. That spending can come from a range of sources.

Budget 347

Budget Software Review Infrastructure Monitoring 347

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. Your PMO may define mandatory artifacts: a list of project documents that you must create for each project. Agreements and contracts. What is meant by mandatory artifacts?

Logistics 509

Logistics Artificial Inteligence PMI Performance Measurement 509

MPUG

DECEMBER 2, 2019

A few years ago, I was hired as a Project Management Office (PMO) consultant for a software products company. My assignment was to setup their PMO, implement best practices, and oversee projects for twelve months before handing over the setup to the client. Setting up a PMO is very challenging task. Track a project schedule.

PMO 98

PMO Monitoring Governance Government 98

ProjectManager.com

AUGUST 29, 2023

Baseline A baseline is an estimate of the project’s scope, schedule and costs that is created during the planning stage. Its main purpose is to serve as a reference that is compared against the project performance once the execution phase begins. This is usually executed with online Kanban software.

Software Review 395

Software Review Underperforming Technical Team Lean Event Chain 395

ProjectManager.com

JANUARY 23, 2024

In other words, you can look at an organization with strong project management maturity as one that’s managing the planning, execution and compilation of its projects well. These responsibilities usually fall under the purview of a project management office (PMO) and can be facilitated by using project management software.

Underperforming Technical Team 340

Underperforming Technical Team Risk Management Software Review Budget 340

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

Rebel’s Guide to PM

NOVEMBER 21, 2022

I started with the high level process steps – initiation , execution, testing and so on. This is a huge advantage for a PMO (even a fledgling PMO in a team that is just getting on the ladder with project management). The time sheet report gives you data by user, tag, month, item and by time estimated, spent, variances, and cost.

Software Review 386

Software Review Software Agile Estimate 386

ProjectManager.com

JANUARY 12, 2022

There will be breakout sessions on using project management tools and techniques to help with more accurate estimates, how to keep projects on track and on evaluation of project performance. Agile & Beyond is a great opportunity to mingle with a community of like-minded professionals and executives. Future PMO. Where: TBA.

2022 282

2022 Technical Review PMO Underperforming Technical Team 282

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.   There was a lot to do, that we didn’t even know about yet.

PMO 78

PMO Underperforming Technical Team Technical Review Executing 78

Rebel’s Guide to PM

NOVEMBER 2, 2023

In the dynamic business environment, companies need accurate estimations for timely decision-making and futureproofing workforce availability against market volatilities. It is a step-by-step process that project managers can implement to estimate and allocate resources effectively.

Underperforming Technical Team 293

Underperforming Technical Team Technical Review Software Review Estimate 293

Rebel’s Guide to PM

JULY 20, 2023

For example, an estimate is the obvious output of the estimating process, so estimates aren’t mentioned again as a separate project artifact. Your PMO may define mandatory artifacts: a list of project documents that you must create for each project. What is meant by mandatory artifacts?

Logistics 253

Logistics Artificial Inteligence PMI Performance Measurement 253

Wrike

MARCH 3, 2023

Among those humans are directors of project management offices (PMOs), portfolio managers, and program and project managers. Every PMO is different but they’re all focused on the same thing: success. As any PMO professional knows, project management and project delivery are two different things.

PMO 36

PMO Artificial Inteligence ChatGPT Technical Review 36

Rebel’s Guide to PM

JANUARY 31, 2024

Put the time in the calendar or add the tasks to your plan during the project execution phase. Also, if you have internal auditors or a Quality Assurance function, or someone in the PMO who can do an informal (or formal) project review, book that in as well. Pair up resources, make sure less experienced team members have mentors.

Software Review 325

Software Review Technical Review Budget Defining 325

Rebel’s Guide to PM

MAY 3, 2022

Think: Executive Summary. Execution strategy. This section shows how the different teams fit together, who is on the Project Board, how the PMO fits in, who is leading the different workstreams and so on. Estimating assumptions and methods. This is a short statement saying what you are doing. Background and context.

Planning 317

Planning Software Review Risk Management Estimate 317

ProjectManager.com

FEBRUARY 7, 2019

Lindsay Scott is the director of Manchester, UK-based PMO Learning Limited which is dedicated to helping PMO professionals get the most out of their careers with training and organizational development opportunities. He currently serves as the executive director and head of global business solutions for J.P. Lindsay Scott.

Consulting 419

Consulting Lean 2019 Leadership 419

Planview

JANUARY 3, 2019

The following content is based on the whitepaper, “Bigger Than a Breadbox: 10 Tips for Better Project Estimates, Part 1,” written by Jerry Manas. Much like a GPS uses satellite information on traffic patterns to calculate the remaining time on your trip, project estimation methods help you maintain a realistic project schedule.

Estimate 60

Estimate Closing Budget Agile 60

Rebel’s Guide to PM

JULY 9, 2021

Summary review of Sciforma: Sciforma is a PPM tool that has powerful portfolio management features and will level up your PMO. Sciforma offers projects, portfolio, strategy execution, execution and resource management across the whole enterprise. Website: [link]. Sciforma Overview. Portfolio Management.

Software Review 385

Software Review 2021 PMO Project Life Cycle 385

LiquidPlanner

SEPTEMBER 20, 2022

Estimate your work more effectively through best-case, worst-case task estimations. Unlike other project management tools that use a single-point estimate, the Planning Intelligence predictive scheduling engine also incorporates the inherent uncertainty in work. How accurate are your project estimations?

Artificial Inteligence 158

Artificial Inteligence Planning Technical Review 2008 158

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? PMO can also mean Program or Portfolio Management Office.

PMO 36

PMO Underperforming Technical Team Governance Government 36

The IIL Blog

OCTOBER 17, 2023

Bottom-up Estimating A project estimation technique that leverages tactical-level team members/subject matter experts (SMEs) to break down tasks into smaller components to create a more accurate estimate. Project Plan A formal document that outlines the scope, objectives, timelines, resources, approach to execution, etc.,

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

LiquidPlanner

AUGUST 2, 2022

When a virtual user is created and the hours remaining are estimated accurately, using the resource workload tab allows the user to view future availability. They see the combination of digital and human labor as an effective way to execute their strategy.”. Users are now able to see if a pump is available before making a trip.

Technical Review 158

Technical Review Artificial Inteligence Software Review PMO 158

ProjectManager.com

NOVEMBER 8, 2022

Resources are anything you need to execute the project plan. Resource forecasting is a way to estimate the number of necessary resources to deliver your project successfully. This informs you of job listings or, in the case of a program or portfolio, the skills inventory developed by the project management office (PMO).

Software Review 343

Software Review Underperforming Technical Team PMO Planning 343

LiquidPlanner

DECEMBER 1, 2021

These goals are translated into business unit priorities for each team through estimating planned projects, identifying process changes, and determining the people and resource needs to deliver on the plan. If your organization has a project management office (PMO), this work may be led by them. Accurately Estimating Time.

Planning 156

Planning Estimate 2022 Budget 156

LiquidPlanner

JUNE 27, 2022

An estimated 80% of what project managers do today, can be eliminated because AI can execute it more effectively and efficiently. He has built and led some of the largest PMOs in the world with organisations such as Siemens, IBM, UKG, and now Ceridian, where he is the VP Global PMO. 2] [link] [3] [link].

Artificial Inteligence 147

Artificial Inteligence 2030 PMO Leadership 147

ProjectManager.com

JUNE 15, 2021

The project manager is the bridge between upper management, stakeholders and the teams tasked with the actual execution of the project. They make sure the project plan is sound, report regularly on its progress and monitor it to ensure that its execution stays within the approved budget and schedule. > Resource Management.

Certification 446

Certification Prince2 Monitoring PMI 446

Rebel’s Guide to PM

JANUARY 23, 2022

Not surprisingly for companies in the much larger United States, workplace bullying-related costs are estimated to be over $200 billion. PMP , is a senior executive, corporate lawyer and management consultant specializing in workplace respect. Shane Cowishlaw, writing on Stuff.co.nz Australia reports losses in the billions.

Underperforming Technical Team 195

Underperforming Technical Team Influencer PMI PMO 195

Planview

MAY 4, 2020

Does your PMO provide the project visibility and insights required to help the organization deliver on strategy? For some PMOs, project visibility is limited to just project status. The Savvy PMO extends visibility and reporting to six key areas: Project Status and Health. Planned versus Actuals. Intake and Demand.

PMO 107

PMO Budget Risk Management Finance 107

Rebel’s Guide to PM

MARCH 19, 2020

Settings: Contains basic task parameters (start/end date, priority, estimate). So task duration can be 1 week but the estimate for effort is 8 hours. The cost column is calculated based on the effort estimate (or fixed cost, if you are using a resource with a fixed cost). You can force a deadline of a certain date. In summary….

Software Review 299

Software Review CTO Hire PMO Estimate 299

Strategy Execution | PMO Perspectives

MARCH 28, 2019

Poor estimation is a major cause of project failure. According to the PMI, inaccurate cost estimates is a contributing factor in 28% of projects that fail. When an estimate has been delivered, clients and executives will often see it as binding and will expect the project to track to it. Why Estimations Go Wrong.

Estimate 43

Estimate Risk Management Technical Review PMO 43

Planview

JANUARY 19, 2023

However, many digital transformation initiatives struggle to deliver the expected financial value, with more than half lagging behind original estimates, according to a Gartner survey of CIOs. The PMO determines how strategy gets put into action and turned into execution and delivery.

Underperforming Technical Team 97

Underperforming Technical Team PMO Initiating Risk Management 97

Rebel’s Guide to PM

APRIL 12, 2022

This wasn’t a survey about project portfolio management at the PMO level. We all know that some stuff is intrinsically more important, but it’s hard to have the argument with a senior executive who wants tasks for their projects to be completed by yesterday. What was initially estimated to take one quarter, ended taking 4.

Underperforming Technical Team 366

Underperforming Technical Team Software Review Risk Management Engineering 366

Epicflow Blog

JANUARY 12, 2021

Program Manager ‘s job involves running programs to meet the strategic goals of an organization, including managing plans, budgets, and resources ; Program Management Office (PMO) Executive is another name for a program management officer, an employee responsible for project and program success in an organization. PMO Job Titles.

PMO 82

PMO 2007 Controlling Construction 82

Planview

JANUARY 8, 2019

Now, let’s get into the first two process areas by examining why it is crucial for your organization to align strategy, financials, and execution. The executive leadership team, including Finance, typically work together to rank investments and create a proposed investment portfolio. Process Area 1: Strategic Planning and Funding.

Executing 60

Executing Finance Governance Government 60