Remove Governance Remove Lean Remove PMO Remove Process

Lean Portfolio Management: Lean Budgets and Investment Funding

Planview

This blog is part of a series on Lean portfolio management. If you haven’t already, we recommend reading part one first, “ What is Lean Portfolio Management ,” which you can find here . In the first installment of this series, we discussed why modern enterprises need Lean portfolio management and the specific elements that make Lean organizations better equipped to compete in a rapidly evolving, unpredictable world. This is where Lean budgeting comes in.

Lean 88

Lean Portfolio Management Operations: An Agile Approach

Planview

This blog is part of a series on Lean portfolio management for the enterprise. If you haven’t already, we recommend reading: Part 1: What is Lean Portfolio Management? Part 2: Lean Portfolio Management: Lean Budgets and Investment Funding. In the first two installments of this series, we talked about the key elements of Lean Portfolio Management (LPM) and how funding practices must adapt to better support LPM initiatives. Lean-Agile Center of Excellence (LACE).

Lean 67
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Does your PMO hinder or help your agile transformation?

Kiron Bondale

But many successful PMOs have evolved beyond governance and control to helping their company reach higher levels of organizational project management maturity, and increasing agility should be complementary and not contradictory to this pursuit. So what can a PMO do to actively support an agile transformation? Examining their own operational processes and leaning them out as much as possible.

PMO 146

Governance that Goes with the Flow

Leading Agile

After creating unique and clever branding for their internal SharePoint site, the PMO would busily fail to coordinate the work of the four teams. Now they have four levels of PMO function, and 40 teams instead of 4. Structure, Governance, Metrics. After becoming acquainted with lean thinking, I started to notice things that I hadn’t really noticed before. One of the things that attracted me to LeadingAgile was the emphasis on structure, governance, and metrics.

Cure Your Zombie PMO

Planview

Breaking news update: as I previously reported in the blog, “ Symptoms of the Zombie PMO ,” zombification is still proliferating in businesses throughout the world. In this updated report, I will expound upon the cures discussed by experts in the on-demand webinar, “ Avoiding the Pitfalls of a Zombie PMO.”. It is now more imperative than ever to be able to self-diagnose your PMO. Work today encompasses many differing styles, such as waterfall, agile, lean, collaborative, etc.

PMO 92

The Journey Towards Embracing Agile: A Holistic Approach for the PMO

Planview

The past four blogs in our series are based on the whitepaper, The Agile PMO: 5 Steps to Driving Agility at Scale and have centered around how the PMO can guide the enterprise towards greater agility. It requires the PMO to reinvent itself from a central command organization to one that enables and empowers with “just enough” governance and an eye on a more product-centric approach. It requires that the PMO start embracing agile. Lean and Agile PMO

PMO 70

5 Ways to Become Agile: A Summary

Planview

Throughout this series, we’ve discussed the five ways to become agile, addressed the primary issues and roadblocks, as well as the critical steps required to transform the PMO, all based on the whitepaper, The Agile PMO: 5 Steps to Driving Agility at Scale. Part 1: Driving Agile at Scale: The Agile PMO. The speed and flexibility of Agile make it an attractive working mechanism for the entire organization, and the PMO is in the ideal position to lead the way.

Agile 79

Become an Adaptive PMO: Advance Agility Across Planning and Delivery

Planview

Success requires becoming a more “Adaptive PMO,” evolving how you plan, govern, and empower delivery teams to do their best work. Since every organization is different, you need to find your PMO’s optimal path to facilitate agility and deliver strategic outcomes faster. It shows the evolution from a traditional portfolio management approach to a modern or lean portfolio management state. Provide ‘just enough’ governance.

PMO 60

The World of Work is Changing—Here’s How You Can Embrace It

Planview

PMOs are quickly realizing that in today’s changing world of work, it’s not really about what methodologies are used to get work done that impacts results, but it’s about taking a hybrid approach to portfolios—empowering teams to use the methods and processes that will help accelerate strategic delivery. Another example has a major banking institution experiencing an agile transformation initiative, with teams applying lean and agile methods and using enterprise Kanban to manage workflow.

Lean 60

Connecting Business with IT to Achieve Agility in the Financial Sector

Planview

It’s worth listening to Joaquim tell their story: How Santander transitioned from different companies working independently, to an integration of business with IT processes and KPIs under a single operating model. 5 questions and answers from an on-demand webinar with Santander UK.

2020 90

I have my Scrum Master certification—now what?

Strategy Execution | PMO Perspectives

Agile is moving beyond technology and is now widely used in financial services, government, and professional services companies. StratEx has developed a unique Lean & Agile certification program that is methodology agnostic and teaches best practices from Lean, Agile, and the emerging field of DevOps. In this program, students will learn how to apply the principles of Lean, Kanban, and Agile delivery to both their IT and non-IT projects.

SCRUM 69

The Complete Glossary of 614 Project Management Terms

Workamajig

Acceptance Test: A process through which a project's end users run through the project to identify any potential issues before it can be formally accepted. Allocation describes the process for assigning resources for different project activities in the most efficient way possible.

2021 78

Agile Portfolio Management

Arras People

Quite a few of these challenges were highlighted in the PMO Flashmob report on Portfolio Management back in 2015 so they’re all pretty well-known and experienced by those working in the portfolio management field. Agile governance – “to Enable rather than Impede”, a shout out to PMOs here about how ‘command and control’ is not going to work and some insights into how AgilePfM can resolve some of the challenges resulting from that type of PMO.

Agile 155

How To Make 2018 A Successful Year for Your Projects

Girl's Guide to PM

XP, scrum, lean, etc.) In 2018, I plan to expand my book, Project Management for Creatives , into a full course, and dive more deeply into resources that guide successful implementation of tools, process and systems in the simplest way possible. I think when we think about how we are delivering our projects, we need to focus on Business Value, Customer Satisfaction, Governance and less about coming in on time and budget. Lean in a little more to the opportunities before you.

2018 255

The Case for Multiple Project Management Methodologies

LiquidPlanner

At first glance, using multiple methodologies seems odd, especially in manufacturing organizations optimized with repeatable processes. PMOs and process specialists spend months developing standard processes, methods, and templates to achieve predictable results. Believe it or not, the PMO doesn’t create a new template or a new process out of sadistic pleasure. External pressures and politics influence project decisions over process.

2017 82

Inspiring Women in Project Management: Karen Chovan

Girl's Guide to PM

Today I’m interviewing Karen Chovan, MASc, PEng, PMP, who has dedicated her career to helping others deliver clean, lean and green approaches to project and programme management. On the project management side, you’ll often see many female project managers involved with managing the environmental assessment and regulatory processes and supplementary programs for monitoring performance and oversight.

2017 208

Just What The Doctor Ordered: Reinventing How A Hospital Operates With Agile Project Portfolio Management

Meisterplan

The City of Munich and the federal government invested more than 750 million euros to modernize the hospital and put it on a sound footing so that it can continue to offer excellent care to patients. . Despite the traditional project management methods used in the healthcare industry, Munich Hospital managed to adopt the Agile method and Agile project portfolio management through a stringent but dynamic process. The PMO must not be the trash can of the organization.

Webinar Recap: How Innovation & Portfolio Management Office Underpins Corporate Success

MPUG

” Tad: The central proposition of this talk is despite the best intentions even at board level, many organizations are failing to exploit transformation opportunities because project delivery, where we all know, live, and love, and the infrastructure that support it and the processes are simply not fit for this purpose. Is it your PMO, individual project managers, or others? 55% PMO, and 45% individual project managers. Some of you work in an IT PMO.

How To Write a Project Charter: Ultimate Guide

Wrike

When a new city or town is formed, a charter is written to define its organization and governing body along with its basic powers, procedures, and functions.

2020 47

Webinar Recap: Want To Be A PMI-ACP? The Primary Steps to Take

MPUG

So you have master in Scrum, or master in Kanban or like a professional in Lean. So you can be a delivery manager, can be a product manager, can be a senior product manager, can be a director of a PMO, can be a vice president. So this is the examination process for your ACP exam.

PMI 52

Becoming a Project Manager – A Complete Guide for 2018

Paymo App

Some of your duties will include: taking part in the creation process, executing the project, preparing communication methods, finding solutions to recurring issues, monitoring the project’s progress from start to finish, and many more. You can always switch the project you’re working on, the team you interact with, the industry you’re involved in, and even the processes and tools to ease your work. solid understanding of business cases and risk management processes.

2018 87

Complete Collection of Project Management Statistics 2015

Wrike

Having a knowledge transfer process in place boosts the chance of project success by over 20%. [6]. Most Popular Agile Tools and Processes: Scrum – 43%. Lean & Test Driven Development (TDD) – 11%. Government – Federal. Government – City/State/Local. Poor purchasing processes: 23%. 18% use word processing documents. 53% of respondents say they have a project portfolio management process in place. [6].

2015 49

Webinar Recap: Leveraging the Latest Office 365 Project Tools & Capabilities

MPUG

Tim is an accomplished speaker, consultant, educator and PMO expert, supporting PMI for over 25 years. My goal today is really to help educate you so that you are basically standing on firm ground in a process to go forward as both technologies continue to merge, consolidate, and in some cases they break apart. We’ll talk about that hybrid, best of breed that may be a great solution for organizations that maybe aren’t super big or have a massive enterprise PMO.

2020 40