IT Governance: Definitions, Frameworks and Planning

ProjectManager.com

IT governance ensures that IT departments are prepared for what’s next, without losing focus on what matters. What is IT Governance? If you ask the business world, IT governance is all about managing performance for efficiency. Key Terms in IT Governance.

10 Steps to Successful Process Governance

MavenLink

Ensuring that all team members meet these standards can be difficult, but enforcing process consistency can make a huge difference. Governance is made possible by implementing standardized practices, processes, and rules across the entire business. Start Improving Your Processes.

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The Three Things Every Project Manager Must Know about Project Governance

Ron Rosenhead

It covers the very important topic of project governance. Project Governance is often seen as getting in the Way. Good Governance Adds Value. But good governance is not about meddling. Project governance is an essential discipline. Good Governance Sets Direction.

The Road to Effective Project Management Governance

Project-Management.pm

What really is project management governance? With countless articles and books in the business spectrum conveying such practice, project management governance is in the sense, subjective. There’s no correct description of it and it’s safe to say that individuals or groups who employ and encounter project management governance have developed their own understanding of it. Governance and Decisions. To be more precise, project management governance.

Everything You Need to Know About Project Management Governance

ProProfs Project Management

One of the major reasons is the lack of project management governance. . This is precisely where project governance comes to the picture. . Meaning & Definition of Governance. The first of which is to have a solid understanding of what project governance is.

2020 56

Digital Transformation in Government Organizations: Tips from Microsoft, IBM, McKinsey, and PwC

Epicflow Blog

Though government organizations are not facing a threat of rivalry, one of the biggest challenges is meeting citizens’ requirements and bringing better results with smaller expenses and amount of time. So, let’s see the way top companies consider this process. Strategy.

People Versus Process

Herding Cats

At the program level and above, the choice of a people focus or a process focus is not between two competing paradigms. This is obvious but many times lost when discussing agile processes. One school emphasizes people, while the other emphasizes process.

System of Delivery: An Intro to Our Governance Model

Leading Agile

Our governance model and team design may look a little complicated at first glance. In this presentation, our Chief Methodologist, Dennis Stevens will remove the noise and walk you through our governance model and team design to help you better understand the LeadingAgile system of delivery.

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.

Strategy Implementation Needs Great Portfolio Management

Strategy Execution | PMO Perspectives

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 Strategy Execution

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.

How to connect business strategy with project management

Moira Alexander

Think of the strategy and PM connection in construction terms, where the step of pouring footings and foundations needs to adequately support all other work that follows and ultimately the final structure -- in this analogy the final structure are the end goals. Suresh Srinivasan, CTO at NYU Langone Medical Center , tells CIO, within the NYU IT department there are two key components that link the business strategy and project management.

4 Signs Your Project Intake Process Is Outdated

Wrike

Does this sound like your current work project intake process? Here are 4 signs your project intake process is outdated and some simple steps to build a well-defined project intake process that’ll take your team into the future.

Signs that Your Project Management Process Needs an Update

EasyProjects

Whatever the case, here are five signals from the universe that indicate your project management process is due for a refresh. Process vs Methodology. Let’s first clarify what is meant by the word ‘process’ and how it is not to be confused with the term ‘methodology’.

Software Development Process: How to Pick The Process That’s Right For You

Planio

Every great piece of software starts with a plan and a clear process in place. Luckily, there are numerous software development processes you can choose from when you’re starting your next project. But which software development process is right for you?

Beginner’s Guide to Project Management Process

iZenBridge

Project Management Process Skill (Tools and Techniques). Project Management Process in divided into 5 Process Groups. These groups are further bifurcated in 10 Knowledge Areas and 47 Project Management Processes. These Process Groups are: Initiating. Strategy.

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.

The Magic 7 Project Portfolio Management Process Steps

Project-Management.pm

And the answer to all of these is in the guise of project portfolio management process steps. The project portfolio management process steps mentioned below cater to all types of organizations that execute portfolio management to reach their business objectives and their strategic goals. Remember that these project portfolio management process steps don’t fix your woes within a day or week; treat it as the start of your path towards an efficient portfolio. .

Connecting Project Benefits to Business Strategy for Success

Herding Cats

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. NoEstimates Balanced Scorecard Strategy

Why You Should Align Strategy, Financials, and Execution

Planview

The following content is taken from the whitepaper, “Portfolio-Driven Performance: The 7 Process Areas That Drive IT and Business Results,” written by Jerry Manas. Process Area 1: Strategic Planning and Funding. Process Area 2: Aligning Strategy and Operations.

A Compendium of Works to Increase the Probability of Project Success

Herding Cats

Managment Processes. Project Governance. Making the Impossible Possible: Applying Heliotropic Abundance for creating Program and Project Management Processes. Product & Process Development Kaizen , LPPDE, Denver, Colorado, April 21-23, 2008. Basis of Estimate Process.

2003 59

Building an Effective Communication Strategy for Your PMO (Program/Project Management Office)

Keyedin

Technology is sometimes only as good as the principles that govern its application. It helps to have an overarching communication strategy running with clear deliverables and focused messaging.

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.

2018 197

Closed Loop Control and Granularity of the Estimating Process

Herding Cats

DP6Jw is an overview of this process. To control this process using feedback and corrective actions ‒ in the same way, your closed loop controller for your air conditioner or heater does - a sampling rate is determined based on the rate of change of the underlying processes. These measures, corrective actions, and resulting outcomes operate in the presence of statistical and probabilistic processes. Stochastic process control is the field of study.

Building an Effective Communication Strategy for Your PMO (Program/Project Management Office)

Keyedin

Technology is sometimes only as good as the principles that govern its application. It helps to have an overarching communication strategy running with clear deliverables and focused messaging.

Compendium of Works to Increase Probability of Project Success

Herding Cats

Management Processes (#MP). Governance (#Governance). Strategy (#Strategy). While many of the presentations have similar titles, the content is focused on a specific set of processes and practices, while the principles are the same, since they are Immutable. .

2003 45

How to Talk About Estimates

Herding Cats

There you'll also find materials on risk management, capabilities-based planning, and other agile processes as they are applied to Software Intensive System of System for mission critical programs where we work. What is an estimate?

Managing Your First Strategic Initiative

Arras People

Equally an internal review of current business performance can also be the trigger for strategic initiatives that require process improvement to improve costs. In addition, there are also governance functions—risk management, legal, etc.—that

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. Your Strategy.

2018 218

Collective belief and its possible impact on projects.

Ron Rosenhead

But when really examined, no one has tested out whether the idea ‘will work’ or whether there is a fit with the overall company strategy. Project governance – many projects are risky. Surely the overall governance processes should have kicked in and stopped the project?

2016 193

What's Missing from the Agile Software Development Paradigm

Herding Cats

The elements include all hardware, software, equipment, facilities, personnel, processes, and procedures needed for this purpose; that is, all things required to produce system-level results. Agile software development is framed by a manifesto , a set of 12 principles, several methods.

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

Online PM Courses

A robust risk culture goes beyond having a strong basic risk management process. And the process for creating a robust risk management culture within your project can apply equally if you get a chance to influence your wider organization. Share your processes and tools.

Risk 135

Who should attend project management training?

Ron Rosenhead

My concern is with this process. 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.

2016 189

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.

2017 158

INVEST, Scrum and Enterprise IT

Herding Cats

That means the system architecture, the process flow, the data flow architecture components all how NO dependencies on other. a digraph like this, that model sequential, parallel and coupled process. Actual software process flows contain loops.

SCRUM 40

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.

INVEST, Scrum and Enterprise IT

Herding Cats

That means the system architecture, the process flow, the data flow architecture components all how NO dependencies on other. a digraph like this, that model sequential, parallel and coupled process. Actual software process flows contain loops.

SCRUM 36

Fallacy of the Week

Herding Cats

Five Different Decision-Making Strategies That Don't Need Estimates. A strategy is about turning intangible assets into tangible outcomes. Read Strategy Maps , Norton and Kaplan to see how this is done in practice. This decision is a Managerial Finance process operating in the presence of the Microeconomics of decision making with all the uncertainties of the market, development cost and of course risk created by uncertainty.

How to Fund a Software Development Project

ProjectManager.com

The greater the flexibility of the funding strategy, the greater the chance the team will produce a quality product and the greater the chance that they will delight their stakeholders. But greater flexibility generally requires a more skillful approach to governance and project management.

2019 369

Reasons why PPM Strategies and PMO Initiatives Fail

Keyedin

In our recent eBook: Why PPM and PMOs Fail: Best Practices in Coordinating and Optimizing your PPM and PMO Strategy to Deliver an Active PMO - we explored the many reason why PPM strategies and PMO initiatives fail. The main consequences of a failed PPM Strategy or a PMO initiative, is losing control over your ability to impact the business in a positive way. Delivers responsibility, governance, and oversight. Viewed as supporting the business and IT strategy.