Remove Governance Remove PMO Remove Process Remove Risk

The Risk Management Plan

Project Risk Coach

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.

Risk 232

The International PMO standard from AIPMO

Henny Portman

AIPMO is developing the first ‘leading’ international PMO standard based on a combination of research findings and expert knowledge. P3O or IPMA PMO certifications are not comparable to AIPMO’s core certifications in terms of approach, content and outcome. PMO Services and Capabilities.

2020 70

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Sustain Your PMO: Nine Easy Lessons

The Lazy Project Manager

As has been already discussed the reality out there in ‘PMO land’ is that there is not a plethora of wise and experienced PMO managers, directors, leaders, heads, etc., The risk to not doing so is to, at the very least, slow the return on investment of the new PMO down.

Project Governance: Establishing an Effective Steering Committee

Strategy Execution | PMO Perspectives

Within the project management community, the concept of governance is seen as a fundamental project control, which is easy to grasp in principle. Getting the governance piece right requires insight and at times a few honest conversations about roles and responsibilities.

Top Ten PMO Themes 2019

Strategy Execution | PMO Perspectives

Last week it was the fifth PMO Conference in London. With over 400 PMO practitioners from around the globe and over 20 sessions to choose from, there’s a lot to learn about where PMO is heading right now. Agile for the PMO. Digital PMO.

2019 59

Your Basic Guide to IT Project Governance Framework

Project-Management.pm

The process won’t even work unless there is manpower involved, as well as methodologies and standards implemented for projects to be delivered successfully. IT project governance framework has since been the answer to this equation, but people seemed not to fully grasp its function. This article tackles the importance and significance of IT Project Governance Framework and its impact on the projects in the organization. This is one of the purposes of project governance.

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

Online PM Courses

The Stage Gate Process gets too little love from Project Managers. In a Stage Gate process, you break your project into stages, or phases. In this article, we look at why a stage gate process will enhance your project management, and how to make it work. Senior PMO staff.

How To Secure Your PMO Profitability?

Project-Management.pm

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. Such occurrence causes the PMO to fall into a disorganized chaos that disrupts the flow of the project. PMO Profitability Problem #1: The PMO is a progeny of a defective executive structure.

PMO 78

Is Joining a PMO the Right Career Move for You?

LiquidPlanner

Project managers wonder where the PMO fits in their career as many project managers are rewarded with more projects and higher complexity and scope—not detours into process, methodology, and compliance. Is joining a PMO a good career move? Will I be stuck if I go into the PMO?

PMO 108

How to Achieve Results Through Implementing PMO?

Project-Management.pm

Various government agencies have been the successful producing result for the past years, thanks, to adhering to mandatory policies. However, the survey shows that not all government agencies are living up to their expectations being set on them; some are behind on schedule when it comes to projects and has a hard time to even achieve their objectives because of that. Implementing PMO is the key to combat such issue. Implementing PMO Step#1: Evaluation .

PMO 69

How Do You Prioritize Your Work as a Savvy PMO?

Planview

Do you have a process to figure out what to do first or to identify the work that will bring the most value to the business? First, let’s acknowledge that it’s not easy to establish an effective prioritization process when your PMO and teams are in high demand.

PMO 91

Combining Waterfall and Agile in SAFe

Arras People

Agile and Waterfall processes are not generally considered something that should be mixed. It may be a government requirement, or may just be a lack of Agile comfort, adoption, and familiarity. What should be shared across the two methodologies – the Agile focused PMO.

Agile 305

5 Characteristics of A Successful PMO Leader

Planview

Maybe you’re part of a newly-minted project management office (PMO). Or perhaps you’re a tenured PMO leader and looking to refine your skills. You’re valiant and ready to spearhead the challenges ahead for developing process and governance.

PMO 83

A Real-World Success Story: New Zealand Government Improves Project Delivery

Planview

Meeting the demands of ever-changing priorities within a government can lead to inconsistent processes, departments with limited visibility into what is being worked on, and no ability to monitor investments. The New Zealand Government Case Study. Customer Success PMO Case Stud

The 5 Most Important Business Benefits of a Successful PMO

Keyedin

The program management office (PMO) can demystify project management processes and ensure both a strategic and tactical approach that is holistic and gets the most value from your projects. As business partners, your PMO teams will need to exhibit strategically-impactful results.

PMO 78

5 Major Benefits of Adopting an Effective Project Portfolio Management and PMO Initiative

Keyedin

In this post we explore the five major types of benefits to be gained by adopting an effective Project Portfolio Management/PMO strategy. Minimizing the risks to individual projects in terms of business impact. 2 Minimize Risk.

5 Major Benefits of Adopting an Effective Project Portfolio Management and PMO Initiative

Keyedin

In this post we explore the five major types of benefits to be gained by adopting an effective Project Portfolio Management/PMO strategy. Minimizing the risks to individual projects in terms of business impact. Proving the value of the PMO to important stakeholders – in terms that are important to them. Our first bucket of PMO benefits concerns its ability to drive better business decisions. 2 Minimize Risk.

Some thoughts on Setting up a PMO

Jez Lister

I first came across the Project Management Office or PMO concept twenty-five years ago whilst working as a project manager for a large systems integrator. Eventually we all realised that the PMO was there to formalise previous reporting and administrative arrangements. PMO Types.

2015 52

Do You Know the Added PMO Value with Integrated Security Management??

Brad Egeland

PMOs can play a key role in financial services organisations when they need to manage governance, risk and compliance through integrated security management.

2016 91

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

Strategy Execution | PMO Perspectives

It is also not uncommon that project managers follow a process for the sake of compliance without attaching much meaning to it. I have deliberately generalised and exaggerated to make it obvious what the process-related mistakes are that we should watch out for.

2019 55

From Traditional to Non-Traditional Projects

The IIL Blog

The Growth of Nontraditional Projects: Singular methodologies provided the executives with the command and control they desired but there were some risks. Changes in Our View of Project Management Processes. By Harold Kerzner, Ph.D. Senior Executive Director for Project Management, IIL.

2018 135

Project Status Reporting – 6 Key Considerations

Project Health Check

The Project should then be reporting its status regularly to senior management via a Status Report, as part of its overarching Governance arrangement. So far so good; but when an organisation is orchestrating its status reporting process, what does it need to consider?

2017 250

The Importance of Project Management: Q&A with PMO Leader Robert Kelly

Wrike

M ost people are unaware that not having a proper work management process in place is actually costing them money. . We spoke with Robert Kelly, PMO leader and Managing Partner of Kelly Project Solutions, LLC , about the value of project management and the impact it has on business. What are the top issues you face as a PMO leader? I believe there are several challenges facing the PMO leader, which are shared across the organization : 1. PMO as a Service.

6 Reasons Why Projects are Late

Planview

Part 5: How Risk Management is Crucial to Project Management. This is why the Six Sigma SIPOC model for process improvement initiatives begins with Suppliers, and includes Inputs, Process, Outputs, and Customers. PMO Vision and Trends

Project Management Job Titles: Understanding the Types of Roles in Project Management

Girl's Guide to PM

A Legal Project Manager supports legal teams to deliver either process improvements and internally-facing work, or legal projects for clients. Instead, people with PMO job titles are in a crucial support function. Here are some common job titles you’ll find within the PMO.

2020 246

Zombie Projects and How to Kill Them

Girl's Guide to PM

lack of governance. Government PMO,” says Derek Huether, an enterprise Agile coach and trainer. “It was a traditional PMO, filled with certified professionals doing very good work in very specific areas of expertise.

2019 261

10 Places to Get Free Project Management Templates

Girl's Guide to PM

We'll process your data in accordance with our privacy policy. The Infrastructure & Projects Authority (IPA) arranges and manages project assurance reviews for the UK governments’ complex and high risk projects. You’ve got responsibility for a project.

2019 407

Project Roles & Their Responsibilities

ProjectManager.com

Project managers are also responsible for managing risk and the budget. Project Management Office (PMO). Sometimes an organization will have a segment devoted to developing a set of standards and policies to govern their project management and to make sure those standards and policies are being followed. However, if it does exist the PMO will decide on the processes used in a project and how to follow them. Project managers are supported by the PMO.

2020 188

What Can a Project Manager Do Next? The Project Manager Career Ladder

Project Bliss

You need to understand risk and finances, and evaluate projects based on ROI. The Portfolio Manager may also establish portfolio governance standards and procedures for approvals, reporting and other needs. PMO (Project Management Office) Manager / Director.

2017 258

Does your organization truly support project management?

Kiron Bondale

Effectively supporting project management doesn’t just mean setting up a PMO and expecting that it will be able to work miracles as the report indicates that 68% of organizations have a PMO.

2016 190

Factors Driving Project Management Within An Enterprise Environment

Keyedin

Businesses are continually confronted with the challenge of tying together disparate processes and locations, multiple disciplines, technologies and departments as well as managing non-finite resources and budgets.

10 GDPR Questions to Ask Before Starting a New Project

Girl's Guide to PM

And it has huge implications for people managing projects that store, capture or process personal data. Even if you personally aren’t in Europe, and you aren’t working for a European firm, you still need to abide by GDPR principles if you store or process the data of European individuals.

2018 285

Factors Driving Project Management Within An Enterprise Environment

Keyedin

Businesses are continually confronted with the challenge of tying together disparate processes and locations, multiple disciplines, technologies and departments as well as managing non-finite resources and budgets.

Why PMOs Need to Invest in Project Manager Skill and Experience

MavenLink

Not all projects are equal and any project management office (PMO) that assumes so will quickly get into trouble. All three have varying levels of risk. The Crucial Role of a PMO. It is about education in standards and methodologies, reporting governance, and project tools.

Add to the C-Level

The Lazy Project Manager

Managing the overall portfolio risk to the organisation. Leads, and is aided by, the PMO. Sadly, I have yet to see a future ‘C’ work their way through the project arena, the PMO, the project management practise.

2017 158

Project Manager Roles and Responsibilities: What does a PM Really Do?

Project Bliss

To find out more detail about the requirements process, you can read my post on Software Project Requirements 101: What You Need to Know To Get You Started. Your project goals may be to reduce costs, reduce processing times, or increase revenues for a customer. Managing risk.

2017 255

Free Project Status Report Template

Girl's Guide to PM

We'll process your data in accordance with our privacy policy. Any risks, issues or changes that need to be formally brought to the attention of the report recipient. We'll process your data in accordance with our privacy policy.

2019 346

How to connect business strategy with project management

Moira Alexander

To align business goals with project management (PM), leaders from the enterprise project management office (EMPO) or project management office (PMO) need to be involved in strategic planning sessions alongside senior-level management. The second component is leveraging a rigorous portfolio and project management governance process. are done properly thus minimizing technology risk.". Without this connection, project risk points increase.

How To Take Over An Existing Project [Free Checklist]

Girl's Guide to PM

You won’t know if the risk log is sound and the resource planning sensible until you investigate. Check #5: Governance. Is there a governance structure? For other areas of governance such as reporting and approval levels, talk to your PMO and get these in place.

2016 301

Project Manager vs. Program Manager: A Side-by-Side Comparison

LiquidPlanner

In a program, the program manager will also staff a project management office (PMO) to help manage program scope, costs and overall timeline. Both projects and programs have a lot of details to manage, including the deliverables, schedules, and issues and risks. Manage issues and risks.

2016 123