ProjectManager.com
FEBRUARY 21, 2023
A PMO, or project management office, can be an internal department or an external group or agency that defines and maintains the standards for a company’s project management. However, all three can use PMO templates to support project programs and portfolios.
Strategy Execution | PMO Perspectives
APRIL 18, 2019
In a new report from Strategy Execution, 86% of organisations which are delivering change through programmes and projects struggle to prioritise work streams and resources. There are further stats; 45% lack change management skills; 29% have poorly resourced initiatives; 27% lack project management skills. All these insights form the basis of the latest survey from Strategy Execution which focuses on the emerging trends and the impact on skills. The PMO: Gap Closer.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
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.
Rebel’s Guide to PM
DECEMBER 16, 2022
There’s a lot riding on getting your PMO mission statement right. After all, the mission statement is what will guide the PMO as it strives to achieve its goals and objectives. Why have a mission statement for the PMO? It should explain what the PMO does and why it exists.
Rebel’s Guide to PM
OCTOBER 5, 2022
This is a question I’m hearing quite a lot at the moment: How do I turn my company’s strategy into actual projects? It’s good to have a strategy, of course. But a strategy that stays in a fancy PowerPoint presentation isn’t helpful to anyone.
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.
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?
Project Risk Coach
JANUARY 18, 2021
I highlight 10 of the 40 PMO problems and provide ways to manage them. 10 PMO Problems and Solutions 1. No project sponsor or project charter for the implementation of the PMO. The PMO doesn’t understand the organization’s culture. Need some help with your PMO?
Strategy Execution | PMO Perspectives
AUGUST 8, 2019
Back in 2015, we took a look at the five advanced training options for people working in PMO. Four years on and a few things have changed in the PMO field. There is now another PMO certification option available alongside P3O from AXELOS and the PPSO ones from BCS, both of which feature in the last article. The AIPMO has introduced deeper learning for PMO practitioners – for practitioners at different stages of their career. Strategy.
The Lazy Project Manager
JANUARY 27, 2016
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., and so it is sensible for anyone who is engaged to help an organisation set up a new PMO or advise on improvements to an existing PMO to reach out for some help. The risk to not doing so is to, at the very least, slow the return on investment of the new PMO down. Is the PMO model the right one?
Strategy Execution | PMO Perspectives
JULY 4, 2019
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. This is achieved, in the most part, through the enhancement of strategic dialogue amongst the management team and, most crucially, the alignment of projects around the most critical strategic initiatives. This post first appeared on PMO Perspectives Blog.
The Strategic Project Manager
MAY 8, 2022
It can help you to structure initiatives to solve problems and seize opportunities. This post looks at what the PDCA cycle is, dives into the specifics of the four steps, looks at pros and cons, and enumerates where it can enhance strategy and project management efforts.
The Strategic Project Manager
OCTOBER 15, 2021
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.
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. PMO Services and Capabilities.
Planview
JUNE 30, 2022
In times of economic uncertainty, PMO value is critical. Maximum PMO value ensures the work delivered aligns with company strategy. This helps the organization achieve its desired outcomes and initiatives. Certainly, the PMO is not immune.
Strategy Execution | PMO Perspectives
NOVEMBER 29, 2018
You’ve created a robust corporate strategy and aligned all your projects. Now all you have to do is sit back and wait for your strategy to be delivered, right? In this article, we share six reasons why strategy execution might go wrong and how you can address them. First, strategic execution can fail because the work the business is doing does not take it closer to the strategy. However, as a recap: Set your strategy.
The Strategic Project Manager
FEBRUARY 18, 2022
This post examines what Hassle Maps are, their usefulness, examples, and the application of Hassle Maps as a tool for strategy and project management. The concept of a Hassle Map was initiated by Adrian Slywotsky as an extension of his work on Value Migration. Hassle Maps and Strategy.
MPUG
NOVEMBER 10, 2019
Traditionally, the department managing the flow of projects, including innovation initiatives, is the Project or Portfolio Management Office (the PMO). According to the Project Management Institute, 71% of companies have a PMO, a steady rise over the past ten years. Other recent surveys suggest that 90% of large enterprises , 88% of midsize companies, and 61% of small companies now have a PMO, too. The post The Need for an Innovative PMO appeared first on MPUG.
Moira Alexander
MAY 2, 2017
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 foundation for overall business success and project initiatives starts here, making it imperative for executive sponsors to be in sync with project leadership out of the gate. The first component is building the institutional IT strategy.
The Strategic Project Manager
APRIL 7, 2022
This post provides an overview of the Key Resources block on the business model canvas, provides related considerations for organizational strategy, and outlines the impact on project management. Strategy – Ensure the Right Key Resources.
Bridge the Gap Consulting
MARCH 11, 2021
But, out of respect for the PMO manager who asked not to be named or have this published until his retirement in March of 2021, I held off. One of my first PMO managers had an Actuary background. So, he created strategy; the PMO Marketing Plan. Marketing Strategy.
Planview
JUNE 5, 2020
PMO leadership today is about more than being a purveyor of governance and delivering projects on time and on budget. The Savvy PMO fosters organizational agility, cultivates efficiencies, and drives growth strategies. Start with this quick-start post to becoming a Savvy PMO.
The Strategic Project Manager
DECEMBER 16, 2021
Michael Porter, top Harvard Business School Professor and one of the most well-known long time strategy experts in the world, spoke at the PMO Symposium by the Project Management Institute (PMI) a few years ago. On Misconceptions About Strategy. Actions flow out of strategy.
Planview
FEBRUARY 20, 2020
Have no fear, the Savvy PMO is here! Your team of experts can objectively assess all incoming work for alignment to strategy, risk mitigation, customer impact, overall improvement, financial benefit, capacity, and more. Capture Initial Work Requests.
Planview
APRIL 29, 2022
In this post, we’ll show you how to become a modern PMO that enables your organization to adapt to an ever-changing professional landscape. But first, let’s look at the key benefits that come from transitioning into a modern PMO. Why You Should Become a Modern PMO.
Project Risk Coach
NOVEMBER 25, 2019
The stakeholder engagement plan is "a component of the project management plan that identifies the strategies and actions required to promote productive involvement of stakeholders in project or program decision making and execution ( PMBOK® Guide – Sixth Edition, Page 723 )."
Project Risk Coach
OCTOBER 23, 2022
Here's an example of the creation and launch of a Project Management Office: "SocialPress (name of company) has many projects, but many do not align with the company's mission and strategies. Problems] The PMO Launch Project [Project Name] will be undertaken to implement a Project Management Office (PMO). Discover the exact, proven system I use to engage stakeholders, improve collaboration, and initiate projects. 1=Initiation
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. Meaning of PMO, its role and responsibility. What are the benefits of the PMO?
Strategy Execution | PMO Perspectives
JANUARY 16, 2020
This means knowing when to delegate, when to take initiative and when to listen to others. This post first appeared on PMO Perspectives Blog.
Strategy Execution | PMO Perspectives
MAY 28, 2020
There is also a big ‘but’ in terms of availability bias: we tend to forget all the failed or unused initiatives. Experience and hard evidence tell us the importance of project front-end loading, that is, rigorous project initiation and planning.
Planview
JANUARY 24, 2020
Today’s enterprises are increasingly looking to the PMO to boost the bottom line. The Savvy PMO consistently assigns its people to the highest value work and rebalances roles, people, and team assignments to ensure strategic alignment. It’s people first for the Savvy PMO.
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.
Strategy Execution | PMO Perspectives
SEPTEMBER 5, 2019
Many organisations are investing in people, processes and structure to create teams focused on strategy execution, often by establishing project management offices (PMOs). As a senior project manager or head of a PMO, it is important to assess teams for any skill gaps that may be inhibiting or preventing project success. Managing a PMO and being responsible for all of the projects that contribute to an organisation’s success is not an easy job.
Strategy Execution | PMO Perspectives
JANUARY 30, 2020
They grant you initial permission to explore the wide and wonderful world of agile. Strategy Execution offers several learning and development opportunities geared to all levels, from team members to agile coach to executives leading the transformation.
Planview
NOVEMBER 9, 2018
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. As a PMO leader, you are responsible for centralizing projects into a single portfolio, establishing governance and processes while prioritizing projects based on strategic objectives—but you do not have the tools necessary to execute the process effectively. Your organization is transforming.
Strategy Execution | PMO Perspectives
JULY 18, 2019
And whilst the use of the word ‘project’ has only substantially been with us since the start of the last century, its occurrence in media now far exceeds that of the words ‘strategy’, ‘operations’ and ‘marketing’, terms more familiar to us in the course of ‘business-as-usual’ operations. This in contrast to readily accessible principles in such disciplines as sales, marketing and strategy. This post first appeared on PMO Perspectives Blog.
Strategy Execution | PMO Perspectives
FEBRUARY 28, 2019
But when deciding which initiatives to pursue and how to allocate limited resources among them, organisations often don’t choose well. All business initiatives are achieved through projects, so assessing and ranking these projects in order of importance to the business strategy give organisations the confidence to embrace risk. Aligning execution with intended strategy is the overarching theme. Applying and maintaining alignment of the initiative to overall strategy.
Planview
MARCH 21, 2019
In this blog series, we are providing an overview of the seven planning types to help you deliver on strategy with a dynamic and continuous approach. In these next couple of installments, we’re going to look at the different types of planning as they relate to your desired outcomes referenced from the eBook “ Planning Deconstructed: 5 Types of Planning Crucial to Delivering on Strategy with Dynamic and Continuous Planning.” Lean and Agile PMO
LiquidPlanner
JULY 30, 2019
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. If you are a PM who has considered a PMO assignment, you may have asked yourself these questions: Where does the PMO fit in this career path? Is joining a PMO a good career move? Will I be stuck if I go into the PMO? Five Reasons to Join a PMO.
Project Risk Coach
AUGUST 5, 2019
They should also ensure that their projects align with the vision, mission, goals, and strategies of their organization. Wise sponsors invite key stakeholders to the initial meetings to discuss the project charter and to obtain their input. Ask your PMO or project management group if a project charter template is available. 1=Initiation Project Integration ManagementIn this article, let's explore what you need for a great project charter.
Expert insights. Personalized for you.
265 
Let's personalize your content