What Does Project Governance Really Mean?

ProjectManager.com

Projects like anything that involves a lot of people working together need governance. The government runs a nation and project governance in the same fashion runs the project. What Is Project Governance? The Three Pillars of Project Governance.

10 Strategies for Successful Project Execution

ProjectManager.com

Is your organization failing to close the gaps between strategy and project execution? Fortunately, there are strategies ( and tools! ) Let’s review strategies and tools you can use, and learn how they can help you close that gap to promote successful project execution.

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PMI-PgMP® Certification

Techno-PM

The Project Management Institute's Professional in Business Analysis (PMI-PgMP) certification is one of the most sought-after certifications for professionals who want to enter the project management field. The benefits of PMI-PgMP® Certification?

PMI 53

Enterprise Risk Management (ERM) and Risk Governance

MPUG

I came to know that there were no consistencies within risk governance parameters, such as risk appetite , or risk threshold , for example. In this article, we will explore how to manage such massive gap at an organizational level considering Enterprise Risk Management and Risk Governance.

What Makes Organisations Fail to Execute Their Strategy?

Strategy Execution | PMO Perspectives

After some tapping on their laptop, they proudly showed me their new corporate webpages, proclaiming their ‘strategy’, ‘vision’ and ‘mission’ statements. [1] All we need to do now is execute that strategy! Strategy is not hard to understand: Where is our chosen market?

The Low Code No Code Strategy

The Strategic Project Manager

This post explores what low code no code Citizen Development is, and it’s impact on strategy and the practice of project management. To accomplish this, the PMI has developed a set of standards for implementing CD, or low code no code, within organization.

The PMI Talent Triangle: A Guide [for members and non-members]

Online PM Courses

The PMI Talent Triangle is a simple tool that reminds us all about the value of a broad range of professional skills. The most succinct – and possibly best known – articulation of that full range of capabilities is the PMI’s Project Management Talent Triangle. Just a Moment… Who or What is the PMI? If you don’t know who or what the Project Management Institute (PMI) is, take a look at this video before reading on.

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Success in Disruptive Times: PMI’s 2018 Pulse of the Profession

Online PM Courses

The PMI has titled its 2018 Pulse of the Profession report: Success in Disruptive Times. You can download your copy of Success in Disruptive Times from the PMI’s website. The PMI’s Annual Project Management Survey: The Pulse of the Profession. Our regular readers will know that, for the last two years, we have extracted the marrow from the bones of the PMI’s Pulse of the Profession survey. Terrific Insights from the Annual PMI Project Management Review 2016.

2018 62

Vendor Showcase Recap: Triskell Software for Enterprise Governance

MPUG

Please find below a transcription of the audio portion of Rich Murphy’s showcase session, Triskell Software for Enterprise Governance, being provided by MPUG for the convenience of our members. And in 2019, Rich joined Triskell Software, and is VP of Strategy and Corporate Development.

Vendor Showcase Recap: Triskell Software for Enterprise Governance

MPUG

Please find below a transcription of the audio portion of Rich Murphy’s showcase session, Triskell Software for Enterprise Governance, being provided by MPUG for the convenience of our members. And in 2019, Rich joined Triskell Software, and is VP of Strategy and Corporate Development.

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

MPUG

Please find below a transcription of the audio portion of Satya Narayan Dash’s session, Want To Be A PMI-ACP? If you want to be a PMI-ACP, here are the primary steps to take. Today’s session is eligible for one PMI-PDU and the technical category.

2020 52

The Confusion Over Risk

Project Risk Coach

If so, adopt the definition to align with the governing organization. Also include your risk response strategies for threats (e.g., 2=Planning PMI-RMP Exam Prep Project Risk ManagementWhy are many project managers confused over risks?

Risk 344

Project Failure – Why it Happens

Online PM Courses

Misalignment with Organization’s Goals, Objectives, Strategy. – 2 – Governance. Governance is hardly the most sexy of project management disciplines. Good governance is a cornerstone of project success, so poor governance inevitably leads to project failure. Good governance is a cornerstone of #project success, so poor governance inevitably leads to project failure. Lack of Governance Structure. PMI PDUs.

2018 121

A Compendium of Works to Increase the Probability of Project Success

Herding Cats

Project Governance. Five Immutable Principles of Project Success , PMI Spring Seminar, 2021, Austin TX. Five Principles of Project Success , PMI, Northern Utah Chapter, Professional Development Day, 2012. Applying Deliverables Based Planning ® To Increase Our Probability of Success , PMI Fort Worth, Chapter Meeting, 15 July 2010. Establishing the Performance Measurement Baseline , PMI, Northen Utah Chapter, Professional Development Day, 2012. Governance.

2008 45

Webinar Recap: SIPOC Workshop Facilitation – Part 2: SIPOC Workshop Strategies

MPUG

This second session will cover SIPOC workshop strategies. Today’s session is eligible for 1 PMI PDU in the strategic category, and the activity code to claim that with PMI is on the screen now. Session number two, the SIPOC Workshop Strategies.

2021 52

Compendium of Works to Increase Probability of Project Success

Herding Cats

Governance (#Governance). Strategy (#Strategy). Six Business System Rule - defines the assessment of the integrated business systems for Federal procurement and their integrity in providing information to the Government contracting office. . Managing Government Grant Projects at Arizona Public Service - APS management process for Department of Energy grant for algae CO2 capture project. PMI Lakeshore Ontario Chapter , 27 October 2018. Governance.

2019 37

How to Build a Robust Project Risk Culture [8 Steps]

Online PM Courses

Your biggest wins will come from better governance, with little or no extra cost and time overhead. Taking an evidence-based approach to planning, strategy-development, and policy-making will lead to more robust decisions, with conscious choices around risk profile. Your sponsor must win support across the top of your project’s governance structure, and among other senior people who need to be a part of your project process. And what about governance?

Risk 81

Rogue Project Sponsor: What to Do when Sponsorship goes Bad

Online PM Courses

The Project director tackled high-level stakeholder engagement on a day-to-day basis and we often worked together on strategy and important decisions. Or maybe you’ll need to make the choices yourself, and take the governance risk on your own shoulders. In All Cases, Look to Your Governance Structure. One of the principle purposes of project governance is decision-making. Above or around your rogue Project Sponsor should be a strong governance body.

2018 134

Connecting Project Benefits to Business Strategy for Success

Herding Cats

The current PMI Pulse titled Delivering Value: Focus on Benefits during Project Execution provides some guidance on how to manage the benefits side of an IT project. The answer is they come from the Strategy of the IT function. Where is the strategy defined? What are the measures of the outcomes connected to each other and connected to the top level strategy to the strategic needs of the firm. Strategy is Not the Same as Operational Effectiveness.

2016 43

The Project Revolution: How to Succeed in a Project Driven World

Strategy Execution | PMO Perspectives

In The Project Revolution , revolution means ‘popular and often forceful revolt against a government or social order’, here the traditional ‘silo-based’ nature of most organisations, and the absence of a ‘CPO’ that is, Chief Project, Program and Portfolio Officer, amongst the more commonly found C-Suite officers (I have just realised that this new officer should really be called C3PO, but no joke was intended!). Leadership Project Management Strategy Execution

PMO 48

The Insights Behind the Project Management Trends

Strategy Execution | PMO Perspectives

Strategy Execution released the top ten trends for 2019 a few weeks ago and my first thoughts were; we’re seeing a lot of them in the PMO community which is both exciting and nerve-wracking at the same time. Programme Management is Maturing within Federal Government. With the Strategy Execution trends being globally focused, it’s interesting to see this trend about federal governments. Project Management Strategy Execution

PMO 46

Product Portfolio Management: What It Is and Why It Matters for Business Leaders

Epicflow Blog

Product portfolio management helps find the most appropriate strategy to gain the desired business objectives as well as evaluate the success of each product or service and make corresponding improvements if necessary.

2022 83

Add to the C-Level

The Lazy Project Manager

Well it starts with strategy formulation which is no longer the annual exercise it used to be – nowadays it is an ongoing iterative activity. And since each strategy gives birth to one or more projects this adds to the portfolio constantly. level change chief cpo ipma lazy officer peter taylor PMI pmp project presenter project speaker projects strategy

2017 122

The Low Code No Code Opportunity

The Strategic Project Manager

This article explores some things that are happening in this growth area, why it exists, and implications for strategy and project management. PMI Perspective on the Low Code No Code Opportunity. I suggest visiting the PMI Citizen Developer page for some excellent resources.

2021 67

Are your project management success rates improving?

Ron Rosenhead

The latest PMI Pulse of the Profession Report said: “We are encouraged to see in this year’s Pulse of the Profession® that organizations are making progress—significant progress—as they are experiencing more success with implementing strategic initiatives. PMI Pulse of the Profession 2017. The full report can be downloaded from the PMI web site. Risk management strategies. My thanks to PMI for an excellent report which can be found at [link].

2017 109

Overview of the PMBOK® Guide Seventh Edition – Lesson 1 Transcription

MPUG

So with that, let me go ahead and just say our first portion being the overview of the PMBOK Guide 7th Edition, what I wanted to talk to you about here is really the evolution, the legacy, and exactly what is PMI valuing now? It’s not the only thing that PMI publishes.

2022 56

Business Model Canvas Explanation for Strategic PM’s

The Strategic Project Manager

Rather than explaining the canvas, I will ‘take a wag’ at filling it – for the Project Management Institute (PMI) – noting that this is my perspective only for the example. Implementation Framework Strategy Framework Business Model Canvas Explanation

2022 72

The PMP® Exam is Changing: Here’s What You Need to Know

International Institute for Learning

In June 2019, the Project Management Institute (PMI) ® announced that significant changes are coming to the Project Management Professional (PMP) ® Exam. Remember, if you file online (and most folks do), PMI ® has five calendar days to review your application and notify you if you’re eligible to sit for the exam. Many folks ask, why does PMI have to change the exam? PMI also identified forty-two tasks across all five domains that competent project managers perform.

2019 61

2021 Online & On-Site Events for Project Managers

Epicflow Blog

Dwell upon other experts’ ideas and shape your own strategy of going agile. . October (the dates haven’t been announced yet) — American Manufacturing Summit 2021 will be focused on plant floor operations and manufacturing strategy.

2021 83

Is Your Strategic Project at Risk Due to Poor Implementation of Proven Project Management Practices?

Strategy Execution | PMO Perspectives

According to the PMI’s Pulse of the Profession , 52% of projects completed in the last 12 months experienced scope creep. But taking part responsibility for producing the business case can be a smart move that helps th e project manager to step up and Bridge the Gap Between Strategy and Delivery. Stakeholder analysis : Failure to analyse the stakeholders and determining a stakeholder communication strategy.

The Diamond Model by Michael Porter

The Strategic Project Manager

Considering international variables is useful to governments, investors, strategists and project management pros. Helpful for government policy – This is indicated by the two supporting factors included in the model. Firm Strategy, Structure, and Rivalry. Government.

2022 52

Sustain Your PMO: Nine Easy Lessons

The Lazy Project Manager

And there are communities you can connect to – on LinkedIn, through the project management bodies such as PMI and APM, etc. Having the right ‘head’ of the PMO is also critical, in Leading Successful PMOs the top five attributes for a great PMO leader were explored: The good PMO leaders must champion project management and project managers across their organisation as well as believing in the business strategy. Strategy execution and business transformation.

2016 163

Who should attend project management training?

Ron Rosenhead

If there is no link back to the overall strategy then the project is automatically low priority. By focussing development activity on key projects you can impact the overall strategy in a positive way. In ‘The High Cost of Low Performance’ PMI pointed out high performing organisations are twice as likely to have high alignment of projects to organisational strategy.

2016 146

Agile Certification: Your Guide to the Large Array of Agile Qualifications

Online PM Courses

Major Project Management organizations with Agile Certification programs These include the PMI and other national and international project management professional associations. It will equip you with strategies and techniques for successfully implementing Lean and Agile projects. Project Management Institute (PMI). I think it would be a fair assessment to describe the PMI as the leading professional body for project managers.

Why the Stage Gate Process will Make You a Better Project Manager

Online PM Courses

It is an important part of project governance that looks both backwards and forwards. The Project Management Institute’s (PMI’s) PMBOK 6th Edition: Phase Gate : A review at the end of a phase in which a decision is made to continue to the next phase, to continue with modificatin, or to end a project or program. Let’s set aside the very important governance imperative. But what if governance were unimportant to you… or your organization?

2018 66

Project Manager or Project Leader? What’s the Difference?

Online PM Courses

And then there’s the PMI Talent Triangle. If you’re a PMI member, you need to hoe your craft in three dimensions: Technical: the core skills of Project Management. Creates a vision and strategy, and inspire people to act. Relies on governance, hierarchies and controls. I’ll infer their approach from the way they illustrate their PMI Talent Triangle, which is the basis for their current approach to professional development for Project Managers.

2018 66

ITIL for Project Managers – Should you?

Online PM Courses

These are: Strategy development and Requirements gathering. First, ITIL has a strong emphasis on the governance of IT. These twin concerns with governance and quality account for ITIL’s benefits to the organizations that use it. The UK Government sponsored the creation of ITIL in the 1980s, by the Central Computer and Telecommunications Agency (CCTA). CCTA ceased to exist in 2001, when it was merged with the Office for Government Commerce (OGC).

2018 70

Why Projects Fail – Five more reasons

Online PM Courses

Governance. The obvious problem with this strategy is that those troublesome operational users will do what they like once your products hit the real world. Welcome to the world of complex Government policy failures. PMI PDUs. PMI Talent Triangle: Technical Project Management Project Management Basics Project Risk Management project failure project managementIn last week’s article , we started to look at the reasons why projects fail.

2018 66

Agile Illustrated - Sample #2

Mike Griffiths

Paying a wage might guarantee that people show up, but how they contribute once they are there is governed by a wide variety of factors.   6 – We improve effectiveness and reliability through situationally specific strategies, processes, and practices.

2019 52

The Impact of the COVID-19 Pandemic on Project Management

International Institute for Learning

Public sector, private sector and government leaders across all businesses had to respond quickly to the effects of the crisis, often with very little time to prepare. He is a charter member of the Northeast Ohio PMI Chapter.

2022 56