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). Articles Innovation PMO

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. 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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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. Today, most of the enterprises collaborate like never before to innovate the open-source sphere.

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.

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.

2016 78

Types of Planning Crucial to Delivering on Strategy

Planview

Our penchant for applying technology to every problem often makes innovations and development more complicated. Lean and Agile PMO Product InnovationToday’s world of work is fraught with complexity and an ever-increasing need for speed.

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.

2020 328

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.

2019 338

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. The survey appears to back this up. 83 Percent of Innovators Already Seeing Benefits.

PMI 82

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.

2020 78

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.

2018 413

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.

2018 305

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.

Agile 69

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.

Agile 60

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. You want a place where people can relax and be open to innovation and new ways of thinking.

2019 236

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).

2020 95

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.

2019 74

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.

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 .

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.

2019 99

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. Together, PMOs, finance, and business leaders can ensure the organization is allocating funding responsibly to drive the agility and innovation to achieve strategic objectives.

2022 118

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.

PMO 133

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.

2018 118

Overcoming Status Quo Bias to Boost Productivity

ProjectManager.com

This is because, if you are adhering to the status quo, then you are failing to innovate, and you’re unwilling to try new tools or techniques to improve. Some people push the envelope and others are happy to remain sealed in it, giving in to status quo bias.

2019 257

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.

2030 152

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.

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 ). 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.

2017 195

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.

2017 195

The International PMO standard from AIPMO

Henny Portman

Knowledge and Innovation. Innovation Operations. Knowledge management innovation. AIPMO is developing the first ‘leading’ international PMO standard based on a combination of research findings and expert knowledge.

PMO 70

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

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?

2019 105

Why Projects Succeed or Fail

Girl's Guide to PM

Project failure – and preventing it – has been the subject of countless academic studies, surveys and books over the years. Understanding project failure is the first step to putting it right.

2018 330

How To Make 2019 A Successful Year for Your Projects

Girl's Guide to PM

The lesson I need to remember is that, whilst experimenting is an integral part of innovation, the most successful programmes are those that recognise the ongoing needs of business-as-usual and balance the tried and tested with the new.

2019 322

How Savvy PMOs Drive Actionable Insights with Portfolio Dashboards

Planview

In a 2019 Deloitte survey of 1,000 U.S. Highlight how costs break down by portfolio project, capitalized versus non-capitalized expenses, innovation, compliance, “keep the lights on” activities, and more. Does your PMO generate portfolio dashboards for stakeholders and executives?

2020 95

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."

2005 52

2020 Trends and Challenges in Manufacturing

Epicflow Blog

In turn, it sets up new challenges and necessitates engaging innovative techniques in their processes, such as robotics, AI, IoT, and other solutions. . But due to the fast development of innovative trends in this sector, it requires more employees with the corresponding skills.

2020 68

Managing Virtual Teams Successfully

The IIL Blog

Building High-Performance Teams necessitates that we utilize innovative tools and techniques to engage the audience. A survey could be created that drives a visual dashboard of all team members participating in a specific initiative. By Dr. Willis H. Thomas, PMP, CPT .

2018 120

Digital Transformation & Artificial Intelligence: Is your Organization ready?

Digite

To trace the origins of this concept that sounds so innovative, we have to go back to the year 1956. About 44% of 835 companies surveyed by Tata Consultancy Services are already using AI to detect and prevent intrusions.

2018 149

Project Management Trends in Manufacturing in 2019

Epicflow Blog

According to a recent PwC survey , 81% of CEOs in industrial manufacturing plan to improve efficiency – and thereby competitiveness – in order to grow. They are able to combine traditional methods with innovative approaches.