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.

Insiders

Sign Up for our Newsletter

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

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.

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.

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.

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 What, Why and How of Agile Governance

Virtual Project Consulting

Find a break-down of the what, the why and the how of governance on Agile projects, especially in an enterprise organization. Including good principles, practices and strategies to follow. Project Management Agile agile project governance governance in agile governance model

How to “Brexit Proof” Your Project Strategy

Arras People

The event’s title of “ How to ‘Brexit-Proof’ your Project Strategy before December 14th 2018 ” provided a clear picture of the key strategies you should employ in order to best prepare for Brexit. Held at the prestigious IoD (Institute of Directors) the speakers looked at how Project Leaders could apply Agile PMO, risk management, project governance, procurement, and change management to the range of project controls and management challenges Brexit will pose.

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 204

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): —————————————-.

10 Steps to Successful Process Governance

MavenLink

Process governance is how a company consolidates and standardizes their management, tasks, and services to ensure that each project is executed properly and in accordance with what is expected by both managers and clients.

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.

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.

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.

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.

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.

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.

2022 72

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.

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.

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 61

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.

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.

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 307

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.

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.

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

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 92

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 136

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?

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.

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

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.

Top 5 Ways Your ALM Tooling Strategy May Be Blocking Transformation

Leading Agile

However, your organization’s tooling strategy (or lack thereof) can make the Transformation far more difficult than necessary. 2) Focusing on built-in metrics reports the tool offers rather than having a clear metrics strategy. Building a More Effective Strategy.

2022 62

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.

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 56

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. Internal Processes - what governance processes will be used to produce these outcomes? Strategy is Not the Same as Operational Effectiveness. NoEstimates Balanced Scorecard Strategy

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

A Compendium of Works to Increase the Probability of Project Success

Herding Cats

Project Governance. Agile Software Development for Government Software Intensive System of Systems (SISoS) , Boulder Agile Meetup, 27 July 2016. Balanced Scorecard IT Strategy and Project Management. Governance. Program Governance Roadmap. Principles of Program Governance. Strategy. Influences on IT Strategy: How IT Strategy Impacts the Development of Systems Based on COTS Products.

2008 45