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Five Highlights of the 2020 PMI Job Report

Arras People

The Project Management Institute’s (PMI) membership magazine – PM Network – has just released the January issue with a report – 2020 Jobs Report – available for project management practitioners to take a look at (currently only available for members). One thing is clear though, if AI is going to figure highly in the workplace in the very near future, the business strategy and resulting plans need to be in place before any real adoption can start. Leadership.

2020 252

The Balanced PMO

The Lazy Project Manager

The same is true of the PMO. A balanced approach will definitely pay dividends and will not only ensure that the PMO is as effective and efficient as possible but will also aid the acceptance of the PMO by the rest of the organisation. For example, if your PMO is created solely with the purpose of being the ‘project police’ then you will be in for a very short run.

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A History of PMI & Its Role in Project Management

ProjectManager.com

The Project Management Institute (PMI) is a nonprofit organization for those working in project management across the globe. If you have even a passing interest in the field, then you’ve bumped up against PMI. Given its vast influence, it’s important to have a basic understanding of PMI and its history. Quick Facts About PMI. The PMI footprint is huge. A History of PMI. But where did PMI start? The Goals & Standards of PMI.

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PMO: The Gap Closers

Strategy Execution | PMO Perspectives

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. Worldwide, those figures account for a 68% uplift in economic activity related to project-oriented work (figures from PMI’s Project Management Job Growth and Talent Gap 2017–2027 ). Building an adaptive leadership mindset, skill set and toolset. The PMO: Gap Closer. It’s the PMO.

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Starting a PMO

MPUG

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. Company A might not have a PMO, company B could have a PMO where the project managers (PMs) do not report to the PMO, and Company C could have a mature PMO where the PMs report to the PMO. Beginning a PMO.

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Success in Disruptive Times: PMI’s 2018 Pulse of the Profession

Online PM Courses

The PMI has titled its 2018 Pulse of the Profession report: Success in Disruptive Times. You can download your copy of Success in Disruptive Times from the PMI’s website. The PMI’s Annual Project Management Survey: The Pulse of the Profession. Our regular readers will know that, for the last two years, we have extracted the marrow from the bones of the PMI’s Pulse of the Profession survey. Terrific Insights from the Annual PMI Project Management Review 2016.

2018 83

Online Training: RapidStart PMO Review

Girl's Guide to PM

RapidStart PMO: Online Project Management Training Review. Diab is the CEO of Leadership Formation, a consulting firm that focuses on helping organisations with strategy, alignment, execution and people. He is a former Chair of PMI and has extensive speaking experience around the world. The paid course covers everything you’d need to get a PMO up and running in a few months. Then it talks about aligning the PMO. Workstream 2: Operating the PMO.

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Project Management Careers Q&A – PMO Manager Career Path

Arras People

I’ve been working as a PMO Manager for a number of years now and I want to progress further into portfolio level PMOs, getting involved in strategy execution and generally working at a more senior level. As well you know, there are many different types of PMO in existence so the transition you make will largely depend on this – the culture, context, and the type of services provided by your PMO today. All terms that are associated with great Portfolio PMO leaders.

PMO 169

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. This post first appeared on PMO Perspectives Blog. Portfolio Management Strategy Execution

Webinar Recap: Want To Be A PMI-ACP? The Primary Steps to Take

MPUG

Please find below a transcription of the audio portion of Satya Narayan Dash’s session, Want To Be A PMI-ACP? If you want to be a PMI-ACP, here are the primary steps to take. Today’s session is eligible for one PMI-PDU and the technical category.

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Action! Four Ways to Build a Customer-Obsessed PMO

Keyedin

Get rolling on a new maturity plotline for your PMO, with four competencies that script a strategic change. Fall movie season is upon us and like your favorite new flick, your PMO might be undergoing a plot-twist as the year wraps up. Hopefully you don’t turn your PMO into a horror movie along the way, but you might be able to create a thrilling ride as you focus on customer outcomes and prepare for the changes ahead.

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Warning Signs Your Sponsor Doesn’t Care About the Project—and How to Change That

The Lazy Project Manager

In ‘Strategies for Project Sponsorship’ the authors offer advice on many types of sponsor with suggestions for ways to work with them, or compensate for their ‘skills’ or ‘interest’ gaps. Peter Taylor is a PMO expert currently leading a Global PMO, with 200 project managers acting as custodians for nearly 5,000 projects around the world, for Kronos Inc.

2016 228

Three Ways to Transform Your PMO Into a Strategic Powerhouse

Keyedin

The PMI Institute in its recent report, Delivering on Strategy, the Power of Project Portfolio Management describes the correlation between effective portfolio management and advancing the strategy of the company: “Effective project portfolio management requires a keen understanding of the relationships between strategy development and strategy implementation. Our solution allows you to clearly see your PMO metrics for the first time.

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How to Get Fired at the C-Level

The Lazy Project Manager

But perhaps not getting fired is your preferred outcome and, if that is the case, then you might have a challenge or two in the arena of strategy execution since the number one reason CEOs get fired is mismanaging change! Author: Peter Taylor is the author of the number 1 bestselling project management book ‘The Lazy Project Manager’, along with many other books on project leadership, PMO development, project marketing, project challenges and executive sponsorship.

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Become an Adaptive PMO: Advance Agility Across Planning and Delivery

Planview

The Project Management Institute (PMI) asked this question for the first time ever for its 2020 Pulse of the Profession ® report, knowing that organizations are rewiring to innovate and deliver competitive products and services quickly. Success requires becoming a more “Adaptive PMO,” evolving how you plan, govern, and empower delivery teams to do their best work. This is a major transformation not just for the PMO, but also for many in the organization.

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Three Ways to Transform Your PMO Into a Strategic Powerhouse

Keyedin

The PMI Institute in its recent report, Delivering on Strategy, the Power of Project Portfolio Management describes the correlation between effective portfolio management and advancing the strategy of the company: “Effective project portfolio management requires a keen understanding of the relationships between strategy development and strategy implementation. Our solution allows you to clearly see your PMO metrics for the first time.

PMO 60

12 Sure-Fire Ways to Improve Project Risk Management

Project Risk Coach

Mike was a functional project manager in an organization where I managed a PMO. Rather, they simply were unaware of new strategies, processes, and projects. Want to pass the PMI-RMP ® Exam? Have you been thinking about taking the PMI-RMP® exam?

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Add to the C-Level

The Lazy Project Manager

Well it starts with strategy formulation which is no longer the annual exercise it used to be – nowadays it is an ongoing iterative activity. And since each strategy gives birth to one or more projects this adds to the portfolio constantly. Leads, and is aided by, the PMO. These are the ones identified as having future leadership potential and any company will invest in such people for their joint futures.

2017 122

A View from the Top

The Lazy Project Manager

Extensive investment in strategy through projects needs to be backed up by real commitment to successful delivery and, whilst the development of good project managers backed up with appropriate processes and methods is critical, it is the clear responsibility of the executive leaders to connect such strategy to project activity and to sponsor these projects in a competent way.

2017 174

Challenging the C-Level Executives

The Lazy Project Manager

The report Why good strategies fail: Lessons for the C-suite published by The Economist Intelligence Unit Limited in 2013 stated in its conclusion that there was a need for increased C-suite attention to implementation (and therefore projects). It said, ‘Leadership support is the most important factor in successful strategy execution, yet a substantial number of survey respondents indicate that the C-suite is insufficiently involved’. Step 2: Building the best PMO.

The Diversity of Project Manager Position Types: How to Choose a Job Among Different Titles

Epicflow Blog

Portfolio Office Analyst works on the creation of a corporate strategy together with senior office executives, examines the project and program interdependency within the portfolio, and reports on the research outcomes to senior management; . PMO Job Titles.

2021 64

What Is a PMO? (Infographic)

Wrike

Project management is a discipline loaded with acronyms: PMP, PRINCE2, CPM, WBS, PMBOK, PMI… and about 150 others. Whether or not you’re a project manager by title, one acronym you’re sure to hear more often is PMO. What is PMO?” PMO stands for “project management office.” The percentage of companies with a PMO has nearly doubled since 2000, according to The State of the PMO 2016. . Definition of PMO. Who Needs a PMO? The PMO Director.

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Lazy but looking to be Busy

The Lazy Project Manager

After two and half great years investing heavily in a Global PMO and in project and program management, the company I was working for have done a complete U-Turn and abandoned project management as a primary focus and, as a result, don’t feel the need for a Head of Global PMO. Peter Taylor is a PMO expert who has built and led four global PMOs across several industries, and has advised many other organisations in PMO and PM strategy. “Life?

2017 87

The Project Revolution: How to Succeed in a Project Driven World

Strategy Execution | PMO Perspectives

This book achieves many things: it evidences the rise and needs for the revolution; it provides a ‘project canvas’ – an alternative framework for the application of project management; it demonstrates that successful projects are not just about estimates and critical paths, but crucially about engagement, benefits and strategic alignment; and demonstrates that different personal and organisational skills and leadership are necessary. This post first appeared on PMO Perspectives Blog.

2019 48

The Open Door Policy

The Lazy Project Manager

Most projects develop communication plans in a certain way; that is as a plan that is the documented strategy for getting the right information to the right people at the right time. Peter Taylor is a PMO expert currently leading a Global PMO, with 200 project managers acting as custodians for nearly 5,000 projects around the world, for Kronos Inc. The importance of being accessible but in a controlled way. I’m all for being there for people, honest I am.

2016 237

Know the value of your change

The Lazy Project Manager

Ability to evaluate and judge – such is the essence of project leadership and decision making. Project (or Program) Management Office (PMO) activities and focus (supportive, directive, controlling). It should be the representation in projects (and programs) of the competitive strategy that will allow business executives to convert their intentions into reality. Tailwind Project Solutions was formed in 2014 to provide a bespoke approach to project leadership development.

2017 174

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. The methods used; the leadership styles; the technology utilised; the pace of change and the increasing numbers of projects and the people required to work within them. and it may mean that a large proportion of the PMO may get swallowed up by the click of a button.

PROJECT MANAGEMENT SUCCESS IN THE NEW YEAR

The Squad Report

The most important item to consider to deliver successful projects is to align your projects to your Strategy. The 2017 PMI, Pulse of the Profession provides statistical support of my assertion. Organizations with a high alignment of Projects to Strategy have a 77% success rate compared to only a 56% success rate with a low alignment of Projects to Strategy. When projects are aligned to strategy the organization better appreciates the importance of the project.

15 Easy Ways to Earn PDUs in 2020

Girl's Guide to PM

Do you need to earn PDUs to maintain your PMI certification? If you hold a PMP ® , PgMP ® , PfMP ® or PMI-PBA ® certification, you need to earn 60 PDUs every three years. If you hold a PMI-ACP ® , PMI-RMP ® , PMI-SP ® certification, you need to earn 30 PDUs in a three-year cycle.

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Project Management Statistics: 45 Stats You Can't Ignore

Workamajig

PMI ). PMI ). 68% - more than 2/3rd - of organizations in PMI's annual survey said that they used outsourced or contract project managers in 2018. ( PMI ). PMI ). Project Management Office (PMO) Statistics. As we wrote earlier, creating a project management office (PMO) can drastically improve productivity and bring greater clarity to your PM processes. PMI ). PMO and EPMO: 80% of high-performance organizations - Champions - have a PMO.

2019 105

The Top Five Skills for Project Leaders

Strategy Execution | PMO Perspectives

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. In their report Capturing The Value of Project Management Through Organisational Agility , the PMI has found that 80% of the highest-performing organisations focus on continuous training – giving workers the skills they need to achieve exceptional performance. Leadership Project Management

2019 63

The 18 Most Influential People in Project Management

ProjectManager.com

Susanne Madsen is the author of several books on project management and leadership, including The Project Management Coaching Workbook and The Power of Project Leadership. She’s also the director of the London-based Project Leadership Institute, which works to build well-rounded and dynamic project management leaders. Project Box’s clients include well-known companies like the Project Management Institute (PMI) , Accenture and Psychology Today.

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Project Prioritization with Strategic Work Intake

Planview

Most organizations spend time setting up a mission or vision, creating a great strategy, coming up with goals, setting objectives, and discovering what the magnitude of the project will be. Question: For those leadership members that were not always in agreement, or that perhaps were a bit more resistant (to the process change), how did you go about getting them to accept the strategic work intake process?

2019 67

Project Management Trends for 2021 and Beyond

Bridge the Gap Consulting

Greater Grasp on Strategy. I’ll never be a Michael Porter or Henry Mintzberg (business strategists and authors), but I do understand business strategy and what considerations are made when developing it. DEATH TO THE PMO!! At least, the PMO in the traditional sense.

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#PMOT – Who are the Project Managers on Twitter to Follow?

Online PM Courses

And we mustn’t forget that there are other widely used hashtags in the #PMOT community, like #Agile, #PMO, and #PMP. Co-author of Strategies for Project Sponsorship – [link] Practical project management: ronrosenhead.co.uk. Enthusiastic PMO bod. PMO flashmobber: arraspeople.co.uk. Project leadership coach, trainer and consultant. Leadership #PMO #StrategicPlanning Join us: project-management.pm. PMI: @ PMInstitute.

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The 2021 Project Management Report

Girl's Guide to PM

PMI’s Pulse of the Profession 2020 statistics show that only 47% of organizations have a defined career path for project managers. Here are some verbatim responses from people who had not considered leaving the profession: No direction from leadership.

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Understanding the Steps to Developing Your Project Management Career

Arras People

PMI – Are a not for profit organisation based in the USA. There are a few training courses to look at for this stage of your career including: APM – Project Management Qualification (PMQ) and Project Professional Qualification (PPQ) , PRINCE2 Practitioner (if you have completed foundation) and PMIPMO. The qualifications to look at for this level are the AXELOS Managing Successful Programmes (MSP) and PMI Programme Management Certification (PgMP).

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How To Make 2019 A Successful Year for Your Projects

Girl's Guide to PM

Leadership – ethical, authentic leadership is what helps get work done and set you apart from your peers. Successful project managers will be those that embrace the mantle of leadership. Throughout the project, leadership is simple – you serve your team. Project leadership is about how far you can advance those on your team to be the best version of themselves. PMI’s Project Management Professional (PMP)® credential will continue to thrive.

2019 270

How To Make 2018 A Successful Year for Your Projects

Girl's Guide to PM

Leadership – ethical, authentic leadership is what helps get work done and set you apart from your peers. Successful project managers are those that embrace the mantle of leadership. With the release of the Agile Practice Guide along with the PMBOK® Guide Sixth Edition , we can’t ignore PMI’s direction to incorporate adaptive life cycles such as agile, iterative or incremental life cycles into project and development life cycles.

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Project Management Questions I Get Asked Most

Online PM Courses

Should I Join the PMI/APM etc and Take their Qualifications? There's more to membership of PMI, APM, IAPM and other than the qualification, of course. The PMI is the Biggest Player, Globally. But, internationally, there is one association that is bigger, better-known, and more valued by employers: the Project Management Institute (PMI). So, should you seek one of the PMI's qualifications? The PMI. What is a PMO? Strategy and Business change.

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