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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.

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Back to Basics: What is Project Governance?

MPUG

A Project Management Methodology is an integral part of project governance. Organizations can choose any project management framework or methodology to establish project governance structure. Project Governance. Project governance is an oversight and controlling function.

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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.

Executing 512
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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.

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Agile Governance Demystified

Leading Agile

What is Agile governance? Simply put, Agile governance is a way to maximize the flow of value within an organization in the fastest way possible. So, we’re going to take the guesswork out of Agile governance and pull back the curtain on our three-tiered governance model.

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Digital Transformation Strategy Framework for Strategic PM’s

The Strategic Project Manager

Core Elements of a Digital Transformation Strategy Framework The following eight elements provide a structured outline of components of a framework for achieving digital transformation. The Vision and Goals need to align with overall organizational strategy.

2023 91
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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?

Executing 107
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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.

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What is Agile Governance: 4 Guiding Principles for Good Governance in Agile

Agilemania

Agile governance is a process that focuses on bringing the most value by focusing on what matters. But before we explore more on good agile governance, let’s talk about agile governance. . What is Agile Governance. Guiding Principles for Agile Governance.

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Strategy, How to Write a Project Charter, and ChatGPT

The Strategic Project Manager

This post looks at the major elements of the Project Charter and how they link back to strategy. Part 1 of 4: Project Definition and Link to Strategy The project definition is where you can provide the strongest link back to the strategic drivers of the project.

2023 97
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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. Unfortunately, it’s not uncommon that I see projects with one of the following dysfunctions in the governance area: It’s unclear to the project manager who the sponsor is.

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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.

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Blue Ocean Leadership: The Secret to Blue Ocean Strategy Execution

The Strategic Project Manager

The Blue Ocean Strategy framework is unique in that it incorporates execution into the strategy. By contrast, most strategy frameworks are just that – strategy, and strategy alone. Create – clarifying organizational strategy and where team members fit.

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Apply the Experience Curve Concept to Strategy and Project Management

The Strategic Project Manager

While businesses, organizations, and markets have evolved, the Experience Curve concept survives and can be very useful for informing decisions, shaping strategy, and guiding implementation. Using the Experience Curve in Strategy Formulation.

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Your Basic Guide to IT Project Governance Framework

Project-Management.pm

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. Project governance is crucial component of every project since the responsibilities that come with it are interconnected with different business cases, as well as the project’s overall success.

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Risk Management Strategies for Financial Institutions

Brad Egeland

Risk Management Strategies Investments involve some amount of risk. Because of this, financial institutions such as banks and brokerage firms have used several strategies to manage risks. These advancements in technology will influence your strategies and make them more effective.

2021 161
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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. Microsoft’s Vision of Government’s Digital Transformation Journey . Strategy.

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Using Hassle Maps for Strategy and Project Management

The Strategic Project Manager

This post examines what Hassle Maps are, their usefulness, examples, and the application of Hassle Maps as a tool for strategy and project management. Here are just a few examples: Government organizations – How can we be easier for citizens to work with? Hassle Maps and Strategy.

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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. So, if you had to know just three things about project governance, what would they be? Good Governance Sets Direction. This is a governance role. Good Governance Makes Decisions. That is governance.

2016 100
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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. Aligning most of the projects and programmes to the organisation’s strategies is one of the most important benefits of implementing organisational portfolio management. Portfolio Management Strategy Execution

PMO 72
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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. I recommend these strategy resources (paid link): —————————————-.

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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.

2017 250
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A Digital Service Canvas for Government and Enterprise

Scrum.org

If there is to be a game-changer, it will have to come from the market, or from government, or both. For example, the UK Government’s Digital Service Standard has promoted digital services as an enabler for “Government as a Platform”. W]e will transform many existing Government transactions in this way”. In the US, responsibility for a digital strategy and its implementation is effectively split between the United States Digital Service and 18F.

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How to Create a Content Plan for Your Content Strategy

ProjectManager.com

All of these channels are part of a content strategy that directs the content creation efforts you execute to meet the company’s marketing goals. A content plan, on the other hand, is the blueprint that defines the assets and steps needed to implement your content strategy.

2021 369
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Executing a Blue Ocean Strategy with Solid Project Management

The Strategic Project Manager

The Blue Ocean strategy framework has become popular since around 2005, on the initial publication of “ Blue Ocean Strategy: How to Create Uncontested Market Space and Make the Competition Irrelevant “, by W. The Basics of Blue Ocean Strategy.

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The Product Development Strategy Guaranteed to Delight Your Customers

Leading Agile

The Product Strategy You Want & Need. The work flows through some tiered governance model. Imagine you were building library databases for schools.

2022 118
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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.

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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.

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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. When you first look at our governance model or some of our team designs, it might look complicated, it might look really busy. The governance model makes that actionable.

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Governance and Estimating

Herding Cats

If your business is not subject to any external governance process, you’re free to spend your money as you please. But you’re not free to suggest your approach is applicable to those who are governed by external frameworks of spending and accountability for that spend, without a testable confirmation this idea doesn’t violate those governance principles. Governance includes: Responsibility for a specific duty, task, or decision. Business Strategy - Balanced Scorecard.

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Microsoft’s PPM Cloud Strategy Failed: What Now?

MPUG

One thing Edward Snowden has taught the world is this: Never trust the US Government or any other government for that matter! This is true for Canadian Federal Government departments, government agencies, large Canadian companies, and even medium-sized Canadian companies.

2020 111
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Aligning the PMO to Organizational Strategy

WorkOtter

To do this the PMO must become aligned with the organization’s strategies, goals and objectives. Aligning the PMO to the organization requires that all aspects of how the PMO is organized, how it functions, and the tools it uses and the governance it pursues will directly support the organization’s ability to achieve its business objectives. What if you might gain a glimmer of insight into achieving-what is for many-an elusive pursuit; aligning the PMO to organizational strategy?

PMO 60
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Navigating a Recession: Strategies for Small Business Owners

Appfluence

Look for funding sources such as: Loans, best if you can get good terms from your bank Grants and government incentives Investment (VC capital is still looking for good opportunities) Crowdfunding (do your customers love you?

2023 73
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What You Need to Know About Governance, Risk & Compliance

Wrike

Perhaps you’ve heard of governance, risk, and compliance, also known as GRC, before, but you aren’t sure how important it is to you or your business. What is governance risk and compliance (GRC)? What exactly is governance, risk, and compliance, or GRC for short?

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Learn How To Realize Positive Risk Response Strategies (Opportunities)

iZenBridge

The next question is what the positive risk response strategies are? These are strategies: To make it happen, or. These are Positive Risk Response Strategies. What are the strategies for dealing with positive risks? In this strategy, we make sure the opportunity happens.

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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. New Zealand Government, like many other government agencies, was tasked with overcoming these obstacles to develop and manage project and investment portfolios to grow the economy to deliver greater prosperity, security, and opportunities for all citizens.

2018 96
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Webinar Recap: SIPOC Workshop Facilitation – Part 2: SIPOC Workshop Strategies

MPUG

This second session will cover SIPOC workshop strategies. Session number two, the SIPOC Workshop Strategies. Jeff Bongiovani: And then ultimately describe how to set SIPOC workshop goals and strategies.

2021 52
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Scheduling and Cost Control in a Complex Environment

Strategy Execution | PMO Perspectives

The recent UK Government’s enquiry into the management of major projects was cut short by world events, but the interim report and oral evidence make for interesting reading. [1] And of course, for our projects and our organisations, we don’t have Governments to bail us out.

PMO 59
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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 52
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Supply Chain Risk Management and Its Mitigation Strategies

Techno-PM

Mitigation strategies are now successfully developed that range from personnel to software assistance. Better Governance It is natural to outsource certain aspects of your supply chain to third parties.

Risk 36