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.

Risk Management 459

Risk Management Risk Underperforming Technical Team PMI 459

Bridge the Gap Consulting

APRIL 1, 2023

When you’re in the process of setting up or revamping a PMO you, as the PMO leader, will need support and direction. Enter the PMO Executive Sponsor! The sponsor will give your PMO street cred. Though a PMO Steering Committee is not guaranteed, make the PMO Executive Sponsor a must-have.

PMO 52

PMO Executing Consulting Leadership 52

Rebel’s Guide to PM

MARCH 14, 2024

Project Quality Manager Project Scheduler (often found in the construction industry or engineering) Project Risk Manager If you love agile project management, then look for a Scrum Master role — even though this is not the same as project management it might be a good fit for you. These are not delivery roles.

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PMO Construction Engineering Logistics 385

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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PMO Generative AI Technical Review Software Review 88

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.

PMO 457

PMO Underperforming Technical Team Risk Management Energy 457

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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PMO Executing Controlling Risk Management 78

Project Management Update Submitted Articles

SEPTEMBER 15, 2020

Agile Maturity & Change Management: 3 Steps for Achieving Executive Buy-In. These days, businesses are taking an in-depth look at their project management methodology and their PMO maturity and finding that both are lagging behind. And this hesitancy can create problems in allowing a PMO to advance its Agile maturity.

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Executing Change Management Agile PMO 130

WorkOtter

JULY 12, 2023

The points below will assist you in carving out a PMO strategy that’ll make a difference for you. Understand the Advantages and Usefulness of Roadmaps First things first, you need to get to know the benefit of a project management office (PMO) roadmap. As a rule of thumb, make sure that you are setting S.M.A.R.T.

PMO 78

PMO Software Review Planning Finance 78

Planview

AUGUST 16, 2021

Fresh from achieving great strides in digital transformation and other endeavors in record time over the past year, executives and boards of directors want to inject even more speed and agility into their organization’s DNA. Portfolio Management Offices are in a prime position to deliver this business agility – with the right PMO roadmap.

PMO 158

PMO Agile Lean Governance 158

The Lazy Project Manager

APRIL 12, 2017

To that end the author offers some focused workshops, keynote presentations and insightful supporting education to help organisations achieve the success in strategic change that they desire, and to help C-level executives understand the challenge and benefit from the opportunity. Workshop 1: Executives – stop failing your projects!

Executing 186

Executing PMO 2013 Leadership 186

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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PMO Leadership Governance Government 142

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. In my experience, assurance is carried out by the PMO or another project manager whom I have invited to do a peer review.

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Prince2 PMO Risk Management Risk 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.

Artificial Inteligence 372

Artificial Inteligence Technical Review 2028 2024 372

Planview

APRIL 29, 2022

In this post, we’ll show you how to become a modern PMO that enables your organization to adapt to an ever-changing professional landscape. But first, let’s look at the key benefits that come from transitioning into a modern PMO. Why You Should Become a Modern PMO. Let’s get started.

PMO 88

PMO Governance Government Executing 88

Bridge the Gap Consulting

MAY 16, 2023

Once your PMO is up and running, operationalizing and doing continuous improvement (CI) go hand-in-hand. Sometimes CI may lead to changes to the PMO’s operations, but you’re only making more efficient something you’re already doing. Here are some aspects of operationalizing your PMO. PMO-Specific Reports.

PMO 52

PMO Cadence Underperforming Technical Team Monitoring 52

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.

Software Review 348

Software Review Software PMO Monitoring 348

Project Risk Coach

NOVEMBER 20, 2017

Most of your project problems can be avoided or greatly reduced through risk management. The simple act of identifying and discussing risks goes a long way towards reducing problems in your project. Let’s look at how to start the risk management process. How will you identify risks? Who will own the project risks.

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Risk Management Risk Planning Monitoring 199

Bridge the Gap Consulting

APRIL 11, 2023

My favorite is the PMO assessment. Whether considering standing up a new PMO or revamping an existing, doing an assessment is a key initial step to setting one up. Though there are PMO maturity models, which are all good, I don’t like to talk about those right away. Yeah, I talk about this a lot when discussing PMOs.

PMO 52

PMO Cadence Governance Government 52

Planview

MAY 20, 2022

In this post, we’re going to show you how to execute a project. Now it’s time to execute. Except that, as every PMO knows, project execution is the most challenging stage of the project life cycle, and it’s only gotten more difficult in a world of hybrid and remote work. What Is Project Execution?

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Executing Project Life Cycle PMO Lean 88

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. That’s because the project teams involved with these successful projects follow a defined and repeatable process, which mitigates risk and achieves objectives.

Underperforming Technical Team 335

Underperforming Technical Team Risk Management Software Review Budget 335

Rebel’s Guide to PM

MARCH 12, 2022

Risk management. Project risk can be re-evaluated, and that can provide useful information for the program or portfolio team. The phases of a typical predictive lifecycle are: Idea or concept phase Initiate Plan Execute Close. The PMO will specify the route your project has to follow. Stakeholder engagement.

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Prince2 Governance Government PMO 396

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

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.

Technical Review 269

Technical Review PMO Leadership Information Technology 269

Rebel’s Guide to PM

JULY 28, 2023

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 As you can see, this equates to the acronym BRAG. Check with your PMO. There’s a significant level of project risk with no plans to address that risk.

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Software Review PMO Risk Management Closing 287

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

SEPTEMBER 26, 2023

Identifying and Managing Project Risk (4 th Ed) Author: Tom Kendrick. Identifying and Managing Project Risk is a big read at over 300 pages. There are some sections in it that cover enterprise risk management which you could justifiably claim in the Business Acumen section. PDU claim: 8 hours. PDU claim: 2 hours.

PMI 348

PMI Certification Sustainability Technical Review 348

MPUG

NOVEMBER 20, 2023

You start off with a company template, but then you need to write the executive summary of the 15-page document you just wrote. You could use this prompt for instance: Act as a Project Manager with 10+ years of experience and you need to provide an executive summary of this page. Word Let’s say you want to write a business case.

Artificial Inteligence 59

Artificial Inteligence PMO Generative AI ChatGPT 59

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 479

2021 PMO Executing Risk Management 479

The Strategic Project Manager

OCTOBER 15, 2021

The Blue Ocean Strategy framework is unique in that it incorporates execution into the strategy. They separately require strong execution, which usually takes strong project management. One of the ways that Blue Ocean Strategy incorporates execution is through its approach to leadership. What other ideas do you have?

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Executing Leadership Construction PMO 97

Strategy Execution | PMO Perspectives

APRIL 18, 2019

In a new report from Strategy Execution, 86% of organisations which are delivering change through programmes and projects struggle to prioritise work streams and resources. All these insights form the basis of the latest survey from Strategy Execution which focuses on the emerging trends and the impact on skills. The PMO: Gap Closer.

PMO 68

PMO 2027 Underperforming Technical Team Executing 68

Wrike

NOVEMBER 9, 2023

As a PMO superstar, you know that Wrike is the solution you need to align your strategy with execution for end-to-end success. Aligning Strategy to Execution — Kalpesh Shah and Carolyn Lum Overview Kelpesh Shah, PMO leader at Radial, Inc., See you next year!

2023 36

2023 PMO 2025 Project Life Cycle 36

Project Risk Coach

NOVEMBER 25, 2019

The stakeholder engagement plan is "a component of the project management plan that identifies the strategies and actions required to promote productive involvement of stakeholders in project or program decision making and execution ( PMBOK® Guide – Sixth Edition, Page 723 )." PMBOK® Guide – Sixth Edition –.

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Influencer PMO Estimate Initiating 341

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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Innovation PMO Executing Risk Management 81

Rebel’s Guide to PM

OCTOBER 15, 2021

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. There’s a significant level of project risk with no plans to address that risk. What is a ‘Red’ project?

Software Review 370

Software Review PMO Risk Management Closing 370

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.

Logistics 509

Logistics Artificial Inteligence PMI Performance Measurement 509

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

ProjectManager.com

NOVEMBER 30, 2023

Fund the Execution of Future IT Projects & IT Roadmap Then there are the future IT projects, which will also require substantial investment. IT project management costs: These are costs related to the execution of specific IT projects, as opposed to recurring costs that are required for the normal IT operations of an organization.

Budget 343

Budget Software Review Infrastructure Monitoring 343