Project Risk Coach

JANUARY 31, 2022

Some Project Management Offices (PMOs) never get off the ground. So, how can you build a PMO, one that thrives? Why Are There So Many Troubled PMOs? Many PMOs fail to realize their potential. People have ways of undermining the PMO's effectiveness. Let's look at eight tips for implementing a PMO.

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PMO Underperforming Technical Team Technical Review Controlling 195

Project Risk Coach

NOVEMBER 1, 2021

In this article, let’s see how the PMBOK® Guide, Seventh and Sixth Editions differ, explore the Risk Principle in the Seventh Edition, and look at how risk management methods relate to principles. 3 The Risk Management Principle 4 What is a Method? Here are some takeaways from this risk management principle.

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Risk Management Risk PMI PMO 394

Project Risk Coach

AUGUST 24, 2020

Mike was a functional project manager in an organization where I managed a PMO. In a one-on-one meeting, I asked Mike how he was identifying, analyzing, and managing his risks. His response revealed his belief in risk management but a lack of actual application with his teams. Failure to focus on the risks that matter.

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Risk Management Risk Underperforming Technical Team PMI 459

Project Risk Coach

OCTOBER 22, 2018

So, how can you build a PMO you can be proud of, one that thrives? Why Are There So Many Troubled PMOs? No one intends to build an impotent PMO, but it happens. The PMO lacks power and effectiveness. Therefore, people see the PMO as a hindrance, not an enabler. Click here to discover 40 reasons PMOs fail.

PMO 277

PMO Technical Review Controlling Executing 277

Project Risk Coach

FEBRUARY 7, 2022

Why does the organization need the PMO? What is the role of the PMO? How will the PMO engage with the senior leaders? Second, the PMO fails to ask for feedback and incrementally evolve. Third, some PMO managers lack authority and relational influence in the organization. How PMOs Can Become Strategic Enablers 1.

PMO 457

PMO Underperforming Technical Team Risk Management Energy 457

Rebel’s Guide to PM

MARCH 14, 2024

A Legal Project Manager supports legal teams to deliver either process improvements and internally-facing work, or legal projects for clients. He learned a lot about project management in the process and eventually went on to become a PMO Manager. Instead, people with PMO job titles are in a crucial support function.

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PMO Construction Engineering Logistics 385

The IIL Blog

MARCH 26, 2024

The Project Management Office (PMO) is no exception. In this article, we will explore the rise of the AI-powered PMO and provide actionable strategies for project managers to thrive in an AI-augmented environment. Here is a foundational Generative AI PMO Template, along with guidance on how to customize and use it effectively.

PMO 88

PMO Generative AI Technical Review Software Review 88

WorkOtter

JUNE 1, 2023

If your business gets big enough, you might need a whole project management office (PMO). That’s why it’s important to learn about setting up a PMO. This guide will show you how to set up a PMO, explain different types of PMOs, and why having one is important for your business. What Exactly is a PMO?

PMO 78

PMO Executing Controlling Risk Management 78

Rebel’s Guide to PM

APRIL 22, 2024

Securing the right resource (and enough of it) is a huge headache for PMO leaders and project professionals. I suggest adding the relevant ones to your risk log so they are constantly under review. The PMO can lead on this but everyone will need to follow the process for it to work. Worth having on your risk register!

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Technical Review PMO Risk Management Software Review 280

Project Risk Coach

NOVEMBER 28, 2017

He thinks his project managers have identified most of their risks, but he’s not sure where to focus his attention. What areas have the highest risk exposure? Let’s look at how to actually define risk categories and how they can help Tom (and you). What are Risk Categories? Why Use Risk Categories?

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Rebel’s Guide to PM

SEPTEMBER 23, 2023

The Initiating a Project process is designed to “establish solid foundations” according to the 2023 Managing Successful Projects official manual, also known as PRINCE2 7. Agree tailoring requirements The project manager is responsible for working out how to tailor the processes to fit the project. There are seven things to do.

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WorkOtter

JULY 12, 2023

The points below will assist you in carving out a PMO strategy that’ll make a difference for you. Understand the Advantages and Usefulness of Roadmaps First things first, you need to get to know the benefit of a project management office (PMO) roadmap. As a rule of thumb, make sure that you are setting S.M.A.R.T.

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PMO Software Review Planning Finance 78

Planview

AUGUST 16, 2021

Portfolio Management Offices are in a prime position to deliver this business agility – with the right PMO roadmap. Peter, who wrote the book The Lazy Project Manager , drew upon his 30 years of experience building and leading PMOs to provide some guideposts. 34:15): One of the great risks is sticking with the status quo.

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Rebel’s Guide to PM

MARCH 12, 2022

Project governance is an important part of project management processes – even if it’s not the most exciting part of getting work done. Gate reviews, or stage reviews are part of the PRINCE2® process, and also part of the Infrastructure and Projects Authority’s Project Roadmap in the Governance module. Risk management.

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Bridge the Gap Consulting

APRIL 11, 2023

My favorite is the PMO assessment. Whether considering standing up a new PMO or revamping an existing, doing an assessment is a key initial step to setting one up. Though there are PMO maturity models, which are all good, I don’t like to talk about those right away. Yeah, I talk about this a lot when discussing PMOs.

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ProjectManager.com

JANUARY 16, 2024

When you’re a project management office (PMO) or program or portfolio manager, you’re going to have to deal with multiple projects in various stages of the project pipeline. It shows each project as it moves from one stage to the next in the project management process, from initiation to closure. That’s called the project life cycle.

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Software Review Software PMO Monitoring 350

Project Risk Coach

NOVEMBER 20, 2017

Most of your project problems can be avoided or greatly reduced through risk management. The simple act of identifying and discussing risks goes a long way towards reducing problems in your project. Let’s look at how to start the risk management process. How will you identify risks? Who will be involved?

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Risk Management Risk Planning Monitoring 199

Henny Portman

JANUARY 3, 2024

This new IPMA standard defines the competences for the individuals working in PMO. A PMO has three main activities: Design – the creation, establishment and maintenance of standards, processes, procedures, and tools that define how work should be done inside. Can a PMO employee not be a portfolio manager or portfolio analyst?

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PMO Finance Governance Government 52

MPUG

JUNE 5, 2023

In today’s discussion, we’ll explore the intriguing concept of the Digital Project Management Office (PMO). You may ask, “What is a Digital PMO?” Understanding the Concept of the Digital PMO The Digital PMO, as its name suggests, integrates digital project management tools at its core.

PMO 59

PMO Technical Review PMI Innovation 59

Rebel’s Guide to PM

OCTOBER 1, 2023

They might also advise the project manager on how best to do particular project management techniques like communication management , risk management , quality management and change management. In my experience, assurance is carried out by the PMO or another project manager whom I have invited to do a peer review.

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Prince2 PMO Risk Management Risk 350

Rebel’s Guide to PM

FEBRUARY 12, 2024

Skill #2: Managing risks Risk management is a core skill for a project manager, and one that I would hesitate to ‘outsource’ to a team member. So much of risk management is tied up in being able to see the big picture, and as a project manager you are best placed to do that. Check that you know who needs to approve changes.

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Finance Risk Management Budget Risk 319

ProjectManager.com

JANUARY 23, 2024

This requires an organization with a well-developed project management process. That’s because the project teams involved with these successful projects follow a defined and repeatable process, which mitigates risk and achieves objectives. It’s essential to keep projects successful for any organization to thrive.

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Underperforming Technical Team Risk Management Software Review Budget 337

Bridge the Gap Consulting

MAY 16, 2023

Once your PMO is up and running, operationalizing and doing continuous improvement (CI) go hand-in-hand. Sometimes CI may lead to changes to the PMO’s operations, but you’re only making more efficient something you’re already doing. Here are some aspects of operationalizing your PMO. PMO-Specific Reports.

PMO 52

PMO Cadence Underperforming Technical Team Monitoring 52

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. Let’s get started.

PMO 88

PMO Governance Government Executing 88

Rebel’s Guide to PM

MARCH 14, 2024

Uses of AI in project management AI is in use by project delivery practitioners and Project Management Office professionals, generally through tools like ChatGPT or Microsoft Copilot, and more specifically such as in tools designed to support particular domains like AI in risk management. 23% of organizations are using or planning to use RPA.

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Artificial Inteligence Technical Review 2028 2024 372

MPUG

SEPTEMBER 4, 2023

In this article, we’re addressing a common question in modern project management: Do we need risk management in agile projects? Do agile projects have risks associated with them? And do we want to let those risks run wild without any effort to contain them? So, yes, of course, we need risk management in agile projects.

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Risk Management Risk Agile Technical Review 98

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. Planview created the Savvy PMO Guide Series to give organizations actionable guidance on how progress PMO leadership.

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PMO Leadership Governance Government 142

International Institute for Learning

SEPTEMBER 6, 2022

I recall a time when I was the program manager of a large initiative, and the PMs who reported to me would constantly roll their eyes when they had to submit their weekly status reports to the PMO. I recall having a disagreement on how “proper” risk statements should be written with the PMO manager. What can we do?

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PMO 2022 Governance Government 59

Bridge the Gap Consulting

MARCH 26, 2023

You’re a PMO Leader! Being a PMO leader has been one of the most challenging and rewarding aspects of my career. Thankfully, I’ve had some really good mentors along the way who showed me being a PMO leader and a project manager are two very different things. So, what are the traits of a PMO leader? Good times!

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PMO Finance Budget Executing 52

Bridge the Gap Consulting

APRIL 1, 2023

When you’re in the process of setting up or revamping a PMO you, as the PMO leader, will need support and direction. Enter the PMO Executive Sponsor! The sponsor will give your PMO street cred. Though a PMO Steering Committee is not guaranteed, make the PMO Executive Sponsor a must-have.

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PMO Executing Consulting Leadership 52

Bridge the Gap Consulting

APRIL 18, 2023

Now it’s time to create a PMO Business Case and start moving the needle from idea to reality. If you notice, I call it a PMO Business Case, not a PMO Charter. I don’t like the word “charter” when talking about creating PMO’s. Below are some of the key components of a PMO Business Case.

PMO 52

PMO Executing Finance Risk Management 52

Rebel’s Guide to PM

FEBRUARY 2, 2024

You won’t know if the risk log is sound and the resource planning sensible until you investigate. For other areas of governance such as reporting and approval levels, talk to your PMO and get these in place. Action if there is no budget plan or information: Back to the PMO or your Finance team. How do you spend it?

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PMO Governance Government Budget 303

Project Risk Coach

OCTOBER 12, 2020

I've also had the joy and the pain of implementing three Project Management Offices (PMOs), two in Information Technology Departments and one Enterprise PMO. Through the years, I've noted many reasons that PMOs fail or struggle. It's rarely just one thing; it's usually a combination of things. Here is a list of causal factors.

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Technical Review PMO Leadership Information Technology 269

Rebel’s Guide to PM

JANUARY 24, 2022

Six videos covering tools and techniques, the process and more. RPA is Robotic Process Automation. It’s a way of automating repetitive tasks and it’s having a bit of an impact on the PMO community. Recommended Training. Change Management Workshop. $79. Includes templates to get you started quickly. Why is it important?

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2022 PMO Risk Management Artificial Inteligence 484

Planview

NOVEMBER 22, 2019

Do you have a process to figure out what to do first or to identify the work that will bring the most value to the business? First, let’s acknowledge that it’s not easy to establish an effective prioritization process when your PMO and teams are in high demand. Let’s start with the first step in the process.

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ProjectManager.com

JANUARY 12, 2024

Then we’ll help you with the workforce planning process and explain the benefits of using workforce planning in your projects. Workforce planning is the overall process of analyzing, forecasting and planning workforce supply and demand. Workforce planning also involves the process of forecasting the gap between capacity and demand.

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Rebel’s Guide to PM

MARCH 18, 2021

For example, an estimate is the obvious output of the estimating process, so estimates aren’t mentioned again as a separate project artifact. This category relates to the various project management logs and registers we have as part of the daily management of the process. Logs and registers. You can grab the set I use here.

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Logistics Artificial Inteligence PMI Performance Measurement 509