The IIL Blog

OCTOBER 4, 2023

However, the traditional hierarchical management approach is evolving, giving rise to the concept of servant leadership within PMOs. Servant leadership is a leadership philosophy where the leader’s primary focus is on serving and empowering team members within the PMO. Applying Proper Technology Technology in PMOs.

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PMO Leadership 2014 Logistics 78

ProjectManager.com

MARCH 14, 2024

Project Management Office (PMO): A PMO is responsible for defining and maintaining the standards for an organization’s project management. Define the Purpose of Your Project The first step is knowing the underlying reason for the project you plan on initiating. One must know the why of the project: why are we doing this?

Budget 374

Budget PMO Defining Estimate 374

Epicflow Blog

AUGUST 3, 2022

As companies develop and grow, and the number of projects they deliver increases, business leaders are seeking ways to ensure more efficient coordination of all their initiatives. Read further to find out answers to these and other essential questions about a PMO. . What is a PMO? In particular, a PMO ?s

PMO 98

PMO 2021 Risk Management Initiating 98

MPUG

MARCH 30, 2020

PMI describes the Project Management Office (PMO) as a strategic driver for organizational excellence. The PMO seeks to enhance the practices of execution management, organizational governance, and strategic change leadership. After two years, the PMO most likely dissolves. Learning to Walk Before You Start Running.

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PMO Technical Review Governance Government 112

Henny Portman

FEBRUARY 22, 2020

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. AIPMO’s core PMO certifications covers much more!

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PMO Certification Monitoring Consulting 88

ProjectManager.com

JANUARY 23, 2024

These responsibilities usually fall under the purview of a project management office (PMO) and can be facilitated by using project management software. Initial Process This is when an organization has yet to implement standardized project management processes and there’s no consistency between projects.

Underperforming Technical Team 336

Underperforming Technical Team Risk Management Software Review Budget 336

ProjectManager.com

NOVEMBER 30, 2023

But those forecasts are estimates and to ensure that you keep to your IT budget, monitoring and tracking costs is imperative. Using an IT roadmap, businesses can develop and share a strategic-level plan for future IT initiatives. It’s a static document that has to be manually updated if you want to monitor cost variance.

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Budget Software Review Infrastructure Monitoring 344

MPUG

DECEMBER 2, 2019

A few years ago, I was hired as a Project Management Office (PMO) consultant for a software products company. My assignment was to setup their PMO, implement best practices, and oversee projects for twelve months before handing over the setup to the client. Setting up a PMO is very challenging task. Step III – Create Templates.

PMO 98

PMO Monitoring Governance Government 98

ProjectManager.com

AUGUST 29, 2023

Agile A methodology for project and product management, typically used to deliver software projects in an iterative way with short bursts of work called “sprints” Though initially designed as a process for IT and engineering projects, it has since been successfully applied to other industries like marketing.

Software Review 393

Software Review Underperforming Technical Team Lean Event Chain 393

Rebel’s Guide to PM

OCTOBER 1, 2023

It’s the process of monitoring and checking quality. Often the function is provided by the PMO or another business team. How to document your quality management approach/plan PRINCE2 talks about writing the quality management approach in the project initiation document. Split out quality assurance and quality control techniques.

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Controlling Prince2 Software Review PMO 308

Bridge the Gap Consulting

APRIL 6, 2023

Starting up or revamping a PMO is tricky and complex. If a PMO will help navigate these turbulent waters, it should not be on one or two people to determine its direction. Committed organizations will setup a PMO Steering Committee. I’ll start by saying a PMO Steering Committee is not a guarantee.

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PMO Governance Government Risk Management 52

ProjectManager.com

JANUARY 12, 2024

Strategic workforce planning is used by an organization or its project management office (PMO) to achieve its long-term plans. This helps with workforce planning to achieve business objectives but also informs both employee development initiatives and hiring programs.

Planning 343

Planning Estimate Risk Management Budget 343

Rebel’s Guide to PM

MARCH 18, 2021

The first category is documentation that relates to strategy and project initiation. Here are some of the typical reports produced on a project: Quality report Risk report Status report Formal records for particular stakeholders eg a highlight report for a sponsor or monthly reporting for the PMO. Strategy artifacts.

Logistics 510

Logistics Artificial Inteligence PMI Performance Measurement 510

Epicflow Blog

MAY 12, 2023

And that’s no wonder – an effectively working PMO can streamline a company’s project management processes, improve their outcomes, optimize costs, and facilitate achieving an organization’s business objectives. However, despite their increasing popularity and significance, PMOs face a number of difficulties. Сhallenge #2.

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PMO Software Review Executing Risk Management 59

Planview

DECEMBER 23, 2019

Regardless of whether you’re still learning how to prioritize projects or you’re a seasoned veteran, you can walk away from this blog knowing how to become a Savvy PMO. It may require a little experimenting to find the right method to match the needs of your PMO and organization. Here’s how. Gain Knowledge. What are your drivers?

PMO 78

PMO Risk Management Risk Monitoring 78

ProjectManager.com

OCTOBER 6, 2022

Each of them has pros and cons depending on your portfolio management or PMO needs. The scoring model is defined by the program , portfolio manager or PMO in collaboration with cross-functional teams. Here are a few steps to make sure you are doing this correctly: Spend a few minutes mapping out all of your projects and initiatives.

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PMO Risk Management Risk Defining 369

WorkOtter

OCTOBER 8, 2019

“How do you sell management on the relevance and importance of the PMO to the organization?”. This is one of the top questions pondered by the majority of PMO leaders I have met in the workshops I have presented over the years. To do this the PMO must become aligned with the organization’s strategies, goals and objectives.

PMO 60

PMO Governance Government Monitoring 60

ProjectManager.com

MAY 14, 2024

Project Managers Program Managers Project Portfolio Managers Project Management Office (PMO) Executives & Board of Directors Department Managers Business Decision Makers Free Project Status Report Template The RAG status is used when making a status or portfolio report. They are as follows. Any issues mean there’s an amber status.

Software Review 346

Software Review Budget Closing Risk Management 346

ProjectManager.com

JANUARY 12, 2022

As with most of the in-person events being held this year, the Resource Planning Summit is monitoring the evolving public health recommendations to keep participants safe. Future PMO. Future PMO is a one-day event that is for PMO and project management professionals of all levels. ProjectSummit Business Analyst World.

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2022 Technical Review PMO Underperforming Technical Team 282

MPUG

DECEMBER 5, 2022

In those days, most companies were taking new initiatives, as the dreaded Y2K problem had passed without creating any trouble. My organization started an initiative to upgrade our project management methodology. Management is the act of managing, which includes leading, supervising, and monitoring project tasks.

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Governance Government Project Life Cycle PMO 110

EasyProjects

SEPTEMBER 29, 2020

The project management office (PMO) is typically an operating unit of a professional services firm. The writer worked for an extended period in two firms that may broaden the concept of the PMO. The writer worked for an extended period in two firms that may broaden the concept of the PMO. Introduction. Was it project-based?

PMO 52

PMO Underperforming Technical Team Software Review Consulting 52

ProjectManager.com

JUNE 15, 2021

Project managers plan, budget, monitor and report on the project with project management tools , sometimes pitching the idea of the project or being assigned to it once it’s already been approved. Monitoring Progress. Monitor and report on project progress. Define project schedules, allocate resources and monitor progress.

Certification 441

Certification Prince2 Monitoring PMI 441

Project Pulse Journal

MAY 3, 2024

Does achieving strategic synergy across various initiatives seem like an uphill battle? The roles, responsibilities, and skills required for program management vary depending on the initiative and the stage of the program lifecycle, highlighting the changing nature. How do Programs Relate to Projects and Portfolios?

PMO 52

PMO Governance Government 2013 52

Rebel’s Guide to PM

JULY 20, 2023

Strategy artifacts The first category is documentation that relates to strategy and project initiation. Here are some of the typical reports produced on a project: Quality report Risk report Status report Formal records for particular stakeholders eg a highlight report for a sponsor or monthly reporting for the PMO.

Logistics 258

Logistics Artificial Inteligence PMI Performance Measurement 258

Planview

APRIL 27, 2023

Consider this statistic from Gartner: “The typical organization today has undertaken five major firmwide changes in the past three years — and nearly 75% expect to multiply the types of major change initiatives they will undertake in the next three years.” Back to Gartner: “Half of change initiatives fail, and only 34% are a clear success.”

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Change Management PMO Technical Review Governance 88

ProjectManager.com

MARCH 24, 2020

The project sponsor is in direct communication with the client or customer who is the reason the project has been initiated. They tend to monitor the budget and hold the purse strings of the project. Project Management Office (PMO). The PMO also will archive the project for historical data, collecting and analyzing its results.

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PMO Software Review Monitoring Executing 194

Project Pulse Journal

APRIL 25, 2024

A Project Management Office (PMO) isn't just about oversight; it's about empowering your projects to deliver real value. A well-implemented PMO can transform your project delivery process , ensuring that every project is set up for success from the start. Discover how a PMO can be a game-changer for your organization.

PMO 52

PMO Governance Government 2014 52

ProjectManager.com

FEBRUARY 8, 2024

The tool was initially used internally to manage teamwork and today is a $4 billion company with 900 employees and 100,000 paying customers. Monday is used by businesses to assign tasks, set budgets, monitor progress, track projects and collaborate. Monday and see how the two software products stack up against one another.

Software Review 348

Software Review Software Underperforming Technical Team 2014 348

Rebel’s Guide to PM

NOVEMBER 2, 2023

Deloitte Global Cost Survey reveals, “ Cost reduction is the most significant initiative for any business. Manages project financials to stay ahead of the curve Periodically monitoring critical financial indicators such as cost, overheads, revenue, and profit margins ensures the project budget is on track.

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Underperforming Technical Team Technical Review Software Review Estimate 302

Project Accelerator News

MAY 24, 2024

Project Managers must actively monitor progress, identify and address issues promptly, effectively allocate resources, prune excess growth (mitigate scope creep!) IT Project Management Lesson – Projects go through phases too, from initiation to planning, , monitoring, and delivery. 4 – Nurture and Maintain!

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Sustainability PMO Risk Management Monitoring 52

Planview

FEBRUARY 28, 2020

Working with IT, the PMO started with demand management and has now reduced approved projects by 75 percent, created a visible pipeline of demand, reduced staff workload, and improved performance. Savvy PMOs use prioritization scoring to compare and evaluate work intake requests. Project Prioritization as a Savvy PMO.

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PMO Software Review Initiating Risk Management 109

Bridge the Gap Consulting

JANUARY 26, 2024

Implementing or reorganizing a PMO can be a big change to a company, especially if they’ve never had one before (I won’t go into that here; check out previous posts for more info). The The other change that occurs is related to the projects and outcomes the PMO delivers.  Ultimately, PMOs drive change.

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PMO Consulting Process Monitoring 52

Planview

SEPTEMBER 27, 2018

“By shifting their emphasis from command-and-control project reporting structures to strategic portfolio analysis, PMOs assist their business partners by providing insight on portfolio strategies to facilitate improved selection of critical initiatives.” [1]. This means initiating forward-looking planning for roadmap tradeoffs.

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PMO 2018 Initiating Construction 60

ProjectManager.com

DECEMBER 27, 2018

There was a plan and that plan was executed, monitored and reported on to the pharaoh, who was likely a lot less forgiving of mistakes than your boss. There are five phases of project management that see a project through from initiation to close. Project Initiation: How to Start Your Project Off Right. Of course you do!

2018 262

2018 Initiating PMO SCRUM 262

Planview

OCTOBER 19, 2020

Santander’s vision was to create an ecosystem that enables enterprise agility by connecting business with IT and strategy into delivery – with a single line of sight into key initiatives at every stage of the journey. For example, we have a Portfolio report developed via Power BI that’s based on the initiative structure.

Agile 99

Agile Cadence PMO Governance 99

Rebel’s Guide to PM

APRIL 15, 2016

It sounds simple – we all know we should do it, but it’s hard to know where to start for a new PMO. Moore explains that estimates are biased towards the initial values because people don’t adjust their estimates again after making that initial decision. He recommends being pragmatic with monitoring.

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PMO 2010 Estimate Initiating 150

Project Bliss

OCTOBER 3, 2017

You’d also monitor the portfolio overall to measure health and progress. PMO (Project Management Office) Manager / Director. Like the Portfolio Manager, the PMO Manager establishes processes and procedures for the PMO. The COO might also “establish initiatives to expand the organization’s product lines or markets.”.

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Underperforming Technical Team PMO Finance Executing 237