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. Project Management PMO report

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.

PMI 280

Sustain Your PMO: Nine Easy Lessons

The Lazy Project Manager

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?

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.

PMO 70

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 ). The PMO: Gap Closer. It’s the PMO. The only entity that exists today that can support that is the PMO.

PMO 54

What Makes Organisations Fail to Execute Their Strategy?

Strategy Execution | PMO Perspectives

After some tapping on their laptop, they proudly showed me their new corporate webpages, proclaiming their ‘strategy’, ‘vision’ and ‘mission’ statements. [1] All we need to do now is execute that strategy! Strategy is not hard to understand: Where is our chosen market? 3] And choosing to perform activities differently, or performing different activities is crucial, otherwise, as Porter said, strategy is just a marketing slogan. [4].

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.

PMO 213

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

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.

PMI 52

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

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.

PMO 60

The PMO Series (3): The Different Project Management Office Types

Inloox

A PMO has various functions and purposes: It’s responsible for establishing and maintaining standardized processes, methods and policies in the organization and to make sure that projects align with the organizational business strategy. The 3 Fundamental PMO types As we’ve already established, there is no one-size-fits-all PMO, each organization will define the role and responsibilities of their PMO depending on their business strategy, culture and history.

2017 100

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.

PMO 60

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.

PMO 60

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

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.

2017 150

Project Management Careers Q&A – Moving to a Portfolio PMO

Arras People

I’m currently working in a PMO, supporting a large program. I’d like to move into a portfolio PMO in the next few years and want advice on what I should be doing to make this a reality. The link between an organisation’s strategy and how that strategy is delivered is commonly referred to as portfolio management. Take a look at the Portfolio Management Professional (PfMP) from PMI as a starting point. Q&A Project Management Careers PMO

2016 198

5 Things a PMO Manager Should Never Say

Meisterplan

PMI’s Pulse of the Profession 2017 reported that companies who align their PMOs to strategy report “38 percent more projects meet original goals and business intent and 33 percent fewer projects are deemed failures.” On top of that, when I attended the PMI Global Conference in Chicago last October, I noticed that all of the sessions having to do with PMOs were very well attended, some were even standing room only.

PMO 49

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. Sadly, I have yet to see a future ‘C’ work their way through the project arena, the PMO, the project management practise.

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

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.

PMO 51

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 1: Strategies for project sponsorship.

Remembering and Using Your Project Management Training

Strategy Execution | PMO Perspectives

You can check out the PMI one here. With project management, there are options to think about in terms of do you need an overarching qualification, such as the PMI PMP , or is it a very specific technical project management skill, such as risk management ? This post first appeared on PMO Perspectives Blog. Adaptive Strategy Execution Programme Project Management Project Management Training

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

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?

Risk 336

Know the value of your change

The Lazy Project Manager

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. project management apm change ipma lazy Manager peter taylor PMI pmp project project author project speaker

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. For many in the PMO community, project data analytics is seen as something with great potential yet there’s a fear there that it’s a big job to tackle; it’s going to need a whole host of new skills and tools (Python, Azure.);

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

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.

2019 48

Top Project Management Conferences of 2020

ProjectManager.com

One of the largest series of conferences for project managers in North America, the Project Summit has industry innovators who help professionals be more productive, and learn best practices, skills and strategies to succeed. The PMO 2020 Conference. Designed for the PMO practitioner, this project management conference focuses on portfolio, program and project offices. PMI EMEA Congress. PMI Global Conference 2020. PMO Symposium.

2020 223

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.

2020 254

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

What You Need for a Great Project Charter

Project Risk Coach

PMI Pulse research shows actively engaged sponsors are by far the top driver of projects meeting their original goals and business intent. They should also ensure that their projects align with the vision, mission, goals, and strategies of their organization. PMI Pulse research shows actively engaged sponsors are by far the top driver of projects meeting their original goals and business intent. In this article, let's explore what you need for a great project charter.

2019 249

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. There are a lot of good universities that have curriculum as well as the PMI Institute that offers certification in Portfolio Management as well as Project Management.

2019 68

The 18 Most Influential People in Project Management

ProjectManager.com

Lindsay Scott is the director of Manchester, UK-based PMO Learning Limited which is dedicated to helping PMO professionals get the most out of their careers with training and organizational development opportunities. Project Box’s clients include well-known companies like the Project Management Institute (PMI) , Accenture and Psychology Today. Project management is an increasingly diverse field.

2019 329

#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. Leadership #PMO #StrategicPlanning Join us: project-management.pm. PMI: @ PMInstitute. PMI’s blog team: @ PMvoices. PMI Madrid-Spain Board of Directors.

2018 82

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).

2018 198