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

ProjectManager.com

NOVEMBER 30, 2023

You can’t manage your IT finances without an IT budget. But IT budgets also fund the streamlined provisioning of this process through effective planning and optimizing utilization. However, there tend to be a few professionals who are mostly involved in this process. What Is the Importance of IT Budgeting?

Budget 345

Budget Software Review Infrastructure Monitoring 345

Rebel’s Guide to PM

JUNE 24, 2020

You won’t know if the risk log is sound and the resource planning sensible until you investigate. For other areas of governance such as reporting and approval levels, talk to your PMO and get these in place. Action if there is no budget plan or information: Back to the PMO or your Finance team. 6: Review the budget.

PMO 505

PMO Governance Government Budget 505

Rebel’s Guide to PM

MAY 3, 2022

Talk briefly about your approach to delivery, what project life cycle you are going to follow, and the project planning process. 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. Risk management plan. Execution strategy.

Planning 322

Planning Software Review Risk Management Estimate 322

Rebel’s Guide to PM

FEBRUARY 5, 2024

Don’t routinely put these costs in your project budget – if you have any doubts or you think they (or some of them) should go in, check with your finance team. Effective project budgeting isn’t hard — here’s a simple process to create your budget. Let’s look at those next. This is to cover unexpected costs.

Budget 307

Budget Project Cost Estimate Finance 307

Rebel’s Guide to PM

APRIL 2, 2023

But I understand that not everyone has the finances to buy templates or invest in training. Personally, I’d like to think that your PMO will purchase the templates that you need to use, or that your manager will let you buy templates on their corporate credit card. Everything from risk management to a comprehensive course.

Prince2 387

Prince2 PMI Certification Software Review 387

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. The good thing about configurable tools like Sciforma is that they allow you to tailor workflows to your existing processes. Website: [link]. Sciforma Overview. Let’s start with the timeline.

Software Review 392

Software Review 2021 PMO Project Life Cycle 392

Rebel’s Guide to PM

AUGUST 6, 2022

They let you know whether you can go overspent or what risk mitigation actions are the right ones for this point in the project. Have as many layers as fits within your PMO methodology. It was a much smaller group, and focused on strategic decision making instead of day-to-day problem solving and risk management. Key decisions.

Governance 358

Governance Government Risk Management Technical Review 358

Scrum.org

APRIL 10, 2023

Stakeholder Persona Canvas Sometimes, I have found that Empathy Mapping can be a time-consuming and resource-intensive process. Internal or External governance such as Finance, Legal, PMO, Risk, and Audit may fall into the category. Here is the link to the article on how to use Empathy Mapping Canvas.

Influencer 210

Influencer Governance Government Consulting 210

Scrum.org

APRIL 2, 2023

For example: PMO or Finance department in a company can affect how the budget has been used, this can impact how much we can build. Stakeholder Engagement is the process of effectively communicating and engaging with stakeholders. This article is part 1 of the Effective Stakeholder Engagement series.

Innovation 184

Innovation Finance PMO Budget 184

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

Planview

APRIL 18, 2019

In my last blog, “ Agile Transformation: The PMO’s New Paradigm ” we covered the significance of embracing different types of work and the role that continuous planning plays in becoming an Agile PMO—but that’s only the beginning. Project schedules can no longer be the PMO’s core focus. Redefine Success.

PMO 106

PMO Lean Finance Agile 106

Planview

APRIL 15, 2020

Nearly 70 percent of finance leaders are taking cost containment measures and considering postponing or canceling planned investments, according to PwC’s COVID-19 CFO Pulse Surveys (March 30, 2020 and April 13, 2020). EPMOs and Finance, together, can ensure the leadership team is making the best decisions now and for the future.

Planning 109

Planning Finance 2020 Executing 109

The Lazy Project Manager

JUNE 22, 2017

A Chief Projects Officer, or whatever title you may wish to bestow on this position, should make it easier to manage change initiatives across an organisation, should reduce that organisation’s exposure to the impact and potential; realisation of major risk, and can drive lower costs through economies of scale. Reports to the executive team.

PMO 130

PMO 2014 Finance Leadership 130

The Lazy Project Manager

AUGUST 1, 2017

Perhaps we might begin with the PMO. Since PMOs lead the project management community – either directly or indirectly, according to your PMO model (see appendices) – then by considering what the best PMOs offer we can gain some insight and see that: The best PMOs have consistent, repeatable PM practices across the enterprise.

PMO 186

PMO 2014 Lean Leadership 186

Rebel’s Guide to PM

JUNE 11, 2018

I think if you want to overcome the C-Suite concerns, then you really need to be asking for any project or PMO how does this link to the incoming expenditure or profit loss? It says, “They see the PMO as a Panadol, not an antibiotic.” Otherwise it all just falls apart. They’ve been around a long time.

PMO 177

PMO Finance Budget Consulting 177

Scrum.org

SEPTEMBER 17, 2020

For example, if you focus on only the things required for today such as purchasing cloud services, or picking a tool that will not support the rest of the business, or even putting only the best people in your pilot teams you run the risk of being isolated and not being able to take their learning across the enterprise.

Agile 254

Agile Technical Review Development Team Review SCRUM 254

Bridge the Gap Consulting

MARCH 11, 2021

But, out of respect for the PMO manager who asked not to be named or have this published until his retirement in March of 2021, I held off. One of my first PMO managers had an Actuary background. He needed to tell a story; what the PMO was doing to advance the company’s goals and the teams involved in making that happen.

Planning 52

Planning PMO Governance Government 52

Rebel’s Guide to PM

APRIL 8, 2016

You won’t know if the risk log is sound and the resource planning sensible until you investigate. For other areas of governance such as reporting and approval levels, talk to your PMO and get these in place. Action if the answer is No: Back to the PMO or your Finance team. Action: Talk to the PMO again.

PMO 150

PMO Governance Government 2007 150

EasyProjects

OCTOBER 26, 2020

Do you have an agreed process of prioritizing? An agreed process of mediating competing evaluations of priority? Increasingly, companies have full-time project-management offices (PMO) with staff and budgets to pursue project planning, management, and evaluation full time. Analytic Hierarchy Process (AHP). Making choices.

PMO 91

PMO Technical Review Underperforming Technical Team Information Technology 91

The Lazy Project Manager

JULY 3, 2017

Capacity for knowledge and the ability to acquire it – projects also require a continuous learning process to understand the change that is being delivered, the lessons that are there to be learned. Project (or Program) Management Office (PMO) activities and focus (supportive, directive, controlling).

Technical Review 186

Technical Review 2014 Executing Leadership 186

The Lazy Project Manager

JUNE 7, 2017

The following is an extract from my new book ‘How to get Fired at the C-Level: Why mismanaging change is the biggest risk of all’ in association with my friends at Tailwind Project Solutions – the extracts follow a series of 5 Challenges that I think every organisation should consider, and consider very carefully: ‘Change is the law of life.

Finance 186

Finance 2014 Leadership Executing 186

LiquidPlanner

SEPTEMBER 30, 2022

Project management is a process used to plan, organize and execute a task, event or project. At its core, PPM is a process that links project management to more specific enterprise management goals. . It considers the possible risks, rewards, and actual performance of each project to see if it’s even worth green lighting. .

Software Review 88

Software Review 2022 Software Planning 88

Strategy Execution | PMO Perspectives

AUGUST 1, 2019

Once Upon Another Time , Business Analysis was only performed in large companies, with large mainframes and even larger teams that spanned IT, marketing and finance. You will also need to consider the costs, the benefits, the risks and the compliance issues in typical business scenarios:-. Proposing changes to improve the business.

2018 65

2018 Finance PMO Estimate 65

LiquidPlanner

APRIL 17, 2018

Are there any formal milestones, gate review or PMO expectations for the project? This checklist item includes reviewing the communication plan but it also includes all the governance processes to ensure the project is executing correctly. Related: Project Governance for Distributed Teams. Project Schedule. Project Quality.

Governance 95

Governance Government Software Review Manufacturing 95

Strategy Execution | PMO Perspectives

JULY 4, 2019

In recent years, portfolio management has evolved from an administrative process, in which projects are selected and prioritised, to one of the key ways in which organisations can focus on strategy implementation. Portfolio Management and Risk Management. This fatal decision was due to poor portfolio management.

Technical Review 72

Technical Review Underperforming Technical Team Telecoms Executing 72

Proofhub

SEPTEMBER 6, 2018

Now here is the paradox, apart from the processes, Project Management has a strong human element to it, which in my opinion is the most critical part. This information gathering role of the PMO should be reduced and replaced by smart machines that link goals, strategies and the potential and actual investments that support them.

Underperforming Technical Team 60

Underperforming Technical Team 2030 PMO Artificial Inteligence 60

Binfire

FEBRUARY 22, 2017

In this article I lay down the processes that you need to follow for selecting the right project management software for your business. Risk management. Finance / budget management software (Quicken, Mint etc.). Teams having PMO. Startups have a very different set of requirements than established companies. Google Drive.

Software Review 119

Software Review Software Aerospace Development Team Review 119

Wrike

JUNE 11, 2023

It involves coordinating various tasks, managing budgets, and mitigating risks to deliver successful outcomes. Lastly, the ability to manage risks and handle conflicts is crucial for effective project management. Project managers must identify potential risks and create strategies to mitigate them.

Underperforming Technical Team 36

Underperforming Technical Team Technical Review Healthcare Construction 36

Leading Agile

MARCH 23, 2022

And you know, the manifesto had just been written and I was working as a project manager in a company called CheckFree here in Atlanta and squarely like in the PMO. And so, it’s that for a couple years, that group reorganized and I kind of find myself back in a regular PMO and I’m like, that’s not cool, right? Mike Cottmeyer 20:22.

Agile 140

Agile Consulting Influencer Underperforming Technical Team 140

Strategy Execution | PMO Perspectives

APRIL 20, 2020

Ahead of its January meeting in Davos, the World Economic Forum published its Global Risks Report 2020, based on the input of 750 experts and outlining the biggest risks faced by economies over the next 10 years [1]. And if the WEF didn’t see a risk coming, then what hope do we have? Surely no-one could have predicted Covid-19?

2020 95

2020 Risk Risk Management Technical Review 95

Wrike

MAY 3, 2021

Key operations personnel such as finance team members and the PMO in project management as well as other divisions should be included. Not testing your backup equipment or IT disaster recovery plan can lead to missteps in an already high-stakes process. Mitigate risk. Mitigate risk. Lack of testing.

Planning 36

Planning Infrastructure Finance Risk Management 36

Rebel’s Guide to PM

JANUARY 28, 2019

More recently, my projects have been operating under a formal PMO structure, and much of what goes in a project management plan is basically repeating the formal processes. There’s no point creating a plan document just to say, “We do it the way the PMO mandates, just like every other project in this company.”

PMO 367

PMO Budget Initiating Software Review 367

Project Bliss

OCTOBER 3, 2017

You need to understand risk and finances, and evaluate projects based on ROI. PMO (Project Management Office) Manager / Director. You’d establish processes and procedures that your team would follow. Like the Portfolio Manager, the PMO Manager establishes processes and procedures for the PMO.

Underperforming Technical Team 237

Underperforming Technical Team PMO Finance Executing 237

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

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. Portfolio Manager .

PMO 82

PMO 2007 Controlling Construction 82

MPUG

NOVEMBER 8, 2021

I used PowerBI on every one of the eight PMOs I ran at Microsoft, and it was always part of my reporting tool suite. I really did create some great dashboards that served up my PMO data in ways I had never seen before. I could at any time see exactly what was happening with the programs and projects running in my PMO.

PMO 105

PMO Risk Management Budget Risk 105