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How to Build and Implement a Project Strategy

ProjectManager.com

Project strategy is the plan that defines a project, which is why project management strategy is so important. To better manage projects, one must clearly understand project strategy, who’s responsible for it in the organization and the steps to create a project strategy.

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15 Free PMO Templates for Excel and Word

ProjectManager.com

A PMO, or project management office, can be an internal department or an external group or agency that defines and maintains the standards for a company’s project management. However, all three can use PMO templates to support project programs and portfolios. Get started with ProjectManager today for free.

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125 Project Management Buzzwords

The IIL Blog

Benchmarking Identifying a project performance indicator or practice, then assessing it against industry standards or best practices. 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.

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Scheduling and Cost Control in a Complex Environment

Strategy Execution | PMO Perspectives

And FEL does not begin at the start of the project, rather it begins much earlier with a rigorous business case, containing a thorough analysis of options, project costs and of the benefits to be realised. Schedule and Cost Control Starts with Good Estimates. This post first appeared on PMO Perspectives Blog.

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Resource allocation 101: How to manage your team’s resources

Planio

How does it impact your project’s success? How do resources impact your project’s success? In fact, a 2022 poll found that 53% of companies cited resource management as their biggest project management challenge, beating out other pain points such as misaligned strategy and resistance to change.

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Resource Forecasting Guide for Project Managers

Rebel’s Guide to PM

In the dynamic business environment, companies need accurate estimations for timely decision-making and futureproofing workforce availability against market volatilities. Resource forecasting helps managers answer questions like: Do I have sufficient capacity and skill sets to take on additional projects?

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From Surviving to Thriving: 3 Challenges PMOs Need to Conquer Now

Wrike

The day Lydia Agnese started her new role as PMO manager at Northstar Travel Group, she received some big news. As companies face escalating competition, and the pace of change continues to heat up, more companies are adopting new project management methods to meet market needs. Trend #1: A Focus on Delivering Value.

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