Remove Estimate Remove Governance Remove PMO Remove Risk
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Project Intake Process: Prioritizing Project Requests & Proposals

ProjectManager.com

Project managers are constantly making requests to the project management office (PMO). PMOs can use project management software to review and decide on whether to accept, reject or defer the request. ProjectManager’s Gantt charts help you estimate costs and create budgets. That’s normal.

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Strategic Project Management: Planning Strategic Projects

ProjectManager.com

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.

Planning 391
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Measuring the Project Management Maturity of Your Organization

ProjectManager.com

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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100+ Project Management Terms: PM Terminology Explained

ProjectManager.com

Baseline A baseline is an estimate of the project’s scope, schedule and costs that is created during the planning stage. Cost overrun This is the actual cost that exceeds the estimated cost in the budget, also known as a cost increase or budget overrun. Learn more about how to use milestones in project scheduling.

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What Is Lean Portfolio Management? A Quick Guide

ProjectManager.com

Lean portfolio management is a process by which strategy is aligned with execution using a lean approach and agile portfolio operations and governance. Here you’ll plan from the top down your budget, estimating what funding you’ll need with cost-management planning. This requires accurate estimates of resources. Manage Demand.

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Creating the PMO Business Case

Bridge the Gap Consulting

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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How To Secure Your PMO Profitability?

Project-Management.pm

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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