The Need for an Innovative PMO

MPUG

Without a constant flow of innovation, no company can expect to prosper – or perhaps, even survive. Traditionally, the department managing the flow of projects, including innovation initiatives, is the Project or Portfolio Management Office (the PMO). Other recent surveys suggest that 90% of large enterprises , 88% of midsize companies, and 61% of small companies now have a PMO, too. There is an opportunity to create an Innovation Project Management Office (IPMO).

What Is Cloud Storage, and How Are Innovative Companies Using It?

ProjectManager.com

Where it once implied daydreaming, now it is the realm of innovative businesses and forward-thinking leaders. While cloud storage has become a given for both personal and business use, before exploring how organizations are using the technology in innovative ways, it’s important to take an unbiased look at the service. Companies that Innovate with Cloud Storage. It was a risk that paid off handsomely for the company, but it involved innovative thinking.

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Webinar Recap: How Innovation & Portfolio Management Office Underpins Corporate Success

MPUG

Please find below a transcription of the audio portion of Tad Haas’ How Innovation & Portfolio Management Office Underpins Corporate Success webinar being provided by MPUG for the convenience of our members. Kyle: Hello everyone, and welcome to today’s MPUG webinar, How Innovation & Portfolio Management Office Underpins Corporate Success. Tad: The conversation today is built off a white paper called Innovation and Portfolio Management Office.

DevOps Deeper Dive: DevOps Accelerates Open Source Innovation Pace

Brad Egeland

Various studies including a 2015 survey by Accenture explicate how customer interaction has increased in the past decade with people finding it easy to socialise through mobile phones. This is why organisations look towards DevOps (Development and Operations) services, for they can garner an innovative open-source culture and speed up the software development process. Today, most of the enterprises collaborate like never before to innovate the open-source sphere.

New Study: 2018 State of Embedded Analytics Report

Adopting a nimble SaaS mindset helps companies innovate. Analytics Report, survey participants reiterated those sentiments. Another key finding in this year’s survey: 90 percent of respondents indicated that embedded analytics. According to this year’s survey results, yes.

Friday Roundup: Self-Driving Cars, Robots, and the Most Innovative Companies

LiquidPlanner

Self-driving cars are being built and tested as we speak; robots and automated processes are replacing mundane human effort—and making way for us to do more innovative work with our brains. Why Big Firms Are More Likely to Innovate – Harvard Business Review. Large organizations get knocked for being complacent in their success, and failing to be innovative. The Most Innovative Companies of 2016 – Fast Company. What does an innovative company look like?

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6 Practical Tips For Improving Your Team’s Digital Skills

Scoro

We can and we must develop a flexible, sustainable approach to innovation in an era of constant change. The latest Digital IQ survey by PwC found that the number one barrier for successful digitalisation is lack of adequately skilled teams. Industry leaders are paving the way in these fields, but according to a survey by PwC , most companies are still catching up with cloud-based solutions. Innovation Work management

2018 68

Five Highlights of the 2020 PMI Job Report

Arras People

Much is made about the digital disruption in the financial services sector today, innovation is key and technology companies are poised to offer solutions. There’s a figure in the report based on PMI’s Earning Power: Project Management Salary Survey 2019 , which turns heads. The second, well, the salary survey is from PMI and therefore aren’t the people who take the survey likely to be PMP certified, the last survey publicly available, in 2018, that figure was 82%.

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PMI Report: The Impact of Disruptive Technologies on Project Management

LiquidPlanner

The report revealed two distinct performance levels from companies that fell into two groups: the innovators and the laggards. Innovators See Benefits from Adoption of Disruptive Technology. Innovators, which made up the top 12 percent of the survey, were defined as organizations with a mature digital transformation strategy. Perhaps not surprisingly, the three most impactful of these technologies, as named by survey respondents, were cloud solutions, AI, and IoT.

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How To Motivate Your Project Team

Girl's Guide to PM

You are likely to notice more creativity and innovation, the mood in the room is uplifting. One way is to take the VIA Character Survey at [link]. This is a free survey and you receive your ranking of the 24 character strengths right away. And anyone who takes the survey using the link will receive a personalised 3-part follow up to help them take the strengths and start applying them. Ruth Pearce knows everything there is to know about motivating your project team.

2019 279

Three Requirements for Effective Resource Demand Planning in a Digital Age

Keyedin

In a recent article in the Computer Business Review, survey respondents in the UK said that lack of understanding of agile practices by senior management is the biggest hurdle to overcome when adopting agile PM among IT organizations. We might all agree: To navigate digital innovations in IT or in non-digital businesses, you need effective, iterative PM practices to move your investments forward.

2019 69

PMXPO – The Virtual Event Before Virtual Events Were Cool

Keyedin

Every year we like to survey those that come across our booth to gauge the current trends and obstacles project management folks are facing in their organizations. Here are our finding and thoughts around market implications based on this survey of information. Every year we have surveyed project management professionals, resource management proves to be the largest threat to their company and its effectiveness to accurately plan resource capacity.

2020 60

How to Find the Perfect Company Culture Match for Your Job Search

Project Bliss

Glassdoor’s 2019 survey found that well over half of employees value company culture and mission over salary. Innovation. You might think of tech companies when thinking about innovation. Do you consider company culture during your job search?

2020 156

Three Requirements for Effective Resource Demand Planning in a Digital Age

Keyedin

In a recent article in the Computer Business Review, survey respondents in the UK said that lack of understanding of agile practices by senior management is the biggest hurdle to overcome when adopting agile PM among IT organizations. We might all agree: To navigate digital innovations in IT or in non-digital businesses, you need effective, iterative PM practices to move your investments forward.

2019 60

10 Ways to Earn PDUs and Maintain Your PMP Certification

Clarizen

is 25% higher than those without PMP certification, according to PMI’s most recent Project Management Salary Survey. Improving the ability to innovate.

Top 10 Project Management Conference for 2021

Appfluence

CIM 2021: Innovation and Management Conference, Tokyo (Jan 07-08, 2021). This project management conference is designed to focus on all aspects of management and innovation. The main focus here is to ensure that professionals from Asia have access to some of the top project management innovations and solutions. It’s also focused on an economic analysis, quantity surveying, cost estimations and statistics. Top 10 Project management conferences to attend in 2021.

2021 28

Top 10 Project Management Conference for 2021

Appfluence

CIM 2021: Innovation and Management Conference, Tokyo (Jan 07-08, 2021). This project management conference is designed to focus on all aspects of management and innovation. The main focus here is to ensure that professionals from Asia have access to some of the top project management innovations and solutions. It’s also focused on an economic analysis, quantity surveying, cost estimations and statistics. Top 10 Project management conferences to attend in 2021.

2021 28

Embrace Uncertainty: On-Demand Sessions to Help You Thrive on Continuous Change

Clarizen

During the Embrace Uncertainty virtual summit , results from a June 2020 global business survey highlighted a shift in business priorities since the start of the pandemic, with these key areas increasing in priority: . Improving our ability to innovate.

2020 96

Artificial Intelligence and the Role of the Project Manager in 2030

Inloox

This technology can be used for projects that are subject to constant change due to increasing complexity, fast pace and the high pressure to innovate in all industries. Recognizing innovation potential. Implementing innovations. A representative survey from 2018 found that Americans are mostly optimistic when it comes to AI: Although 77% of respondents don’t fear losing their job to AI, a majority does agree that AI will have a negative impact on the U.S.

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7 Logical Fallacies That Can Harm Your Decision Making (With Examples)

ProjectManager.com

Reporting tools and surveys can help you collect the necessary data to avoid hasty generalizations. Plus, being innovative requires taking risks and being aggressive. That means a retreat from innovation, which is bad business. Logic appears to have been thrown out the window nowadays. People act on their feelings, and feelings are fleeting, which means that we’re constantly shifting positions and getting nowhere in the process.

2018 327

Making Better Business Decisions with Continuous Planning

Arras People

Are they going to result in a more balanced portfolio that allows us to focus on increasing innovation, or improving business capabilities? The survey also showed: 91% say improving plan accuracy would be valuable to their company. Ready to support a more continuous planning process for driving innovation, faster time to market, and wiser resource allocation? The PMO community have often discussed the problems in portfolio management surrounding planning.

2017 160

Critical Project Management Skillsets for the Future

Strategy Execution | PMO Perspectives

In 2019, Strategy Execution conducted a global survey among project execution professionals across the world to better understand the skill and capability gaps preventing organisations from executing successfully on their most critical strategic priorities. 86% of respondents also felt leaders need help to develop a problem-solving mindset and tool-kit so they can resolve issues in different ways and think more innovatively about the projects they are working on.

2019 57

Using Digital Transformation to Be More Efficient

ProjectManager.com

Digital solutions are providing companies with new innovations and creative ways to tackle old problems more efficiently. Digital transformation is a way to get more innovative and take something beyond what a tweak of traditional methods might offer. Between managing emails and searching for information online or through their company’s intranet, employees are spending close to 50 percent of their work time just staying organized , according to a survey by McKinsey.

2018 247

Pulse of the Profession 2018: The Project Manager of the Future

Inloox

Innovator: acts as product owner and developer. Innovations in learning will continue to make it possible for the new worker to learn anything, anytime, and anywhere. Summary PMI’s survey shows what the most successful companies invest in when it comes to their project managers: 81% prioritize the development of technical skills, 79% leadership skills, and 70% strategic and business management skills. New technologies bring rapid and continuous change to our workplace.

2018 148

Can Remote Working and Productivity Coexist?

Scoro

Lockdown has proved that working from home is possible, and in some cases, has helped teams to focus on more innovative ways to communicate and collaborate. In fact, a resounding 82% of those we surveyed confirmed the freedom of choosing their working location is important to them.

2020 67

Shifting from Projects to a Product-Centric Approach

Planview

Customer demands are not static; they change as technology evolves and accelerate the pace of innovation. According to the Gartner piece, Survey Analysis: IT Is Moving Quickly from Projects to Products: About 40 percent of organizations use a product-centric model for software delivery, and that number will double to 80 percent by 2022.

2022 91

How to Handle Digital Transformation Pain Points

Epicflow Blog

According to a survey by PwC , 91% of industrial companies in the EU are investing in digital factories , yet so far only 6% of factories are “fully digitized.” One of the major challenges is that despite claiming to love innovation, people still resist change. Going digital is not only about bringing innovation but also about changing the culture, being flexible and ready to introduce new programs.

2019 77

Dynamic Planning: Refocus, Reprioritize, and Reallocate Rapidly

Planview

Nearly 70 percent of finance leaders are taking cost containment measures and considering postponing or canceling planned investments, according to PwC’s COVID-19 CFO Pulse Surveys (March 30, 2020 and April 13, 2020). EPMOs should be exploring how the organization can be more competitive and innovative as we get beyond the current crisis. Companies are also starting to model recovery scenarios, according to the survey.

Advantages of Work and Resource Management Applications

Planview

In part four of this series based on the Ventana Research whitepaper, “ Five Ways to Increase Efficiency and Innovate Faster ,” I will focus on the benefits of work and resource management applications for your organization and how you can select the right ones. Not only will collaboration be easier and more effective, but you will also be able to improve speed of innovation and better align projects to strategic goals.

2018 91

4 Ways to Supercharge Your PMO

Brad Egeland

I was reading a survey indicating that almost 90% of organizations now have some form of project management office (PMO). That was an increase of 40 percentage points from a similar survey in 2000. According to an April 2010 survey (I know, it's been awhile) that I conducted of project managers and PM-related staff, the answer is no. Yes, most organizations now have PMOs. But are they effective?

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How AI Will Change the Future of Project Management

Workamajig

In one MIT Sloan survey, 63% of respondents cited it as the top reason for their interest in AI. Analyzing data remains the top use of AI according to an Econsultancy/Adobe survey ( Image source ). As AI and its applications in project management software grow more prominent, the project manager’s role in innovation, strategy, motivation, and judgement in general will come to the forefront. How will AI impact the project management industry?

Maintain a Healthy Project Portfolio with Metrics and Reviews

Arras People

Strategy informs the portfolio, which impacts on approved projects; in turn, these projects deliver the desired solutions and innovations. Quality: To help determine business value, gather customer satisfaction rates using surveys. In an increasingly competitive business environment, more organizations are turning to project portfolio management (PPM) to meet strategic goals and objectives.

2017 150

Maintain a Healthy Project Portfolio with Metrics and Reviews

Arras People

Strategy informs the portfolio, which impacts on approved projects; in turn, these projects deliver the desired solutions and innovations. Quality: To help determine business value, gather customer satisfaction rates using surveys. In an increasingly competitive business environment, more organizations are turning to project portfolio management (PPM) to meet strategic goals and objectives.

2017 150

2020 Challenges and Trends in Construction

Epicflow Blog

Construction is one of the industries that don’t follow emerging innovative trends too quickly and enthusiastically but anyway it doesn’t ignore many of them to improve its state. Innovative Technologies in Building: AR, VR, and 3D Printing . Additive manufacturing in the field of building houses is not an innovative technology today as some countries have already adopted this technology for construction.

5 Candidate Selection Tools to Speed up Your Hiring Process

Teamweek

Plum does this by making you create a Match Criteria Survey before you advertise any open role. In this survey, you define the critical needs for a given role based on criteria such as communication, innovation, adaptability, and many others. Don’t worry, we got your back.

How to Make a Company Retreat Unforgettable (with Location Examples)

ProjectManager.com

If you’re not convinced about the benefits of a company retreat, there’s a 2017 FfK survey that was conducted for Project: Time Off that showed that working less increases productivity. According to the survey, 78 percent of managers felt that giving people time off improved their focus, while 70 percent said it renewed their staff’s commitment to the job. You want a place where people can relax and be open to innovation and new ways of thinking.

2019 191

Knowledgeline: And the Legal IT Innovator of the Year award goes to.:: by Tom Baldwin

Knowledgeline

Knowledgeline Tuesday, November 08, 2005 And the Legal IT Innovator of the Year award goes to. The winner of Legal IT Innovator of the Year is Tom Baldwin, Chief Knowledge Officer at Sheppard Mullin Richter Hampton, LLP." You guessed it! The blogging initiative weve put together at Sheppard Mullin was submitted to the Legal IT Forum for consideration of an award. This award could be not entered directly.

2005 40

The Ultimate List of 119 Most-Hated Business Buzzwords

TrustRadius Project Management

Based on a recent TrustRadius survey of over 700 professionals , here is the ultimate list of the 119 most-hated business buzzwords. We did this survey because words matter. Take the survey for yourself here. What is a business buzzword, and what makes them the worst? Words become annoying buzzwords when they get overused, frequently misused, or are just plain vague. Terms with a perfectly good plain-English counterpart are especially hated. It’s a classic mark of jargon!

2019 82

Retention Strategies for Millennials (& How to Keep Them Happy)

MavenLink

Millennials seek a great work atmosphere and culture that values collaboration, innovation, and empowerment. These different perspectives can ultimately lead to a more innovative and profitable company. According to the 2018 Deloitte Millennial Survey , eight out of 10 Millennials say that on-the-job training, continuous professional development, and formal training led by employers will be important to help them perform their best work.

PMXPO is back for its 11th year!

Keyedin

Join us for this year’s event to hear from Joel Cohen, Emmy-Winning Writer and Producer of The Simpsons as he discusses a unique perspective on innovation from the most successful show in television. 2018 Pulse of the Profession: Success in Disruptive Times: Highlights from PMI’s 10th Global Project Management Survey by Melissa Buchanan and Tricia Cabrey.

2018 60