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.

Risk Management 459

Risk Management Risk Underperforming Technical Team PMI 459

Project Risk Coach

FEBRUARY 7, 2022

First, organizations implement PMOs with a lack of clarity. 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. How PMOs Can Become Strategic Enablers 1.

PMO 457

PMO Underperforming Technical Team Risk Management Energy 457

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.

PMO 78

PMO Software Review Planning Finance 78

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

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. Even in normality that was a dying strategy.”

PMO 158

PMO Agile Lean Governance 158

Project Pulse Journal

MARCH 13, 2024

However, navigating the intricacies of virtual collaboration requires a unique set of strategies and approaches to ensure seamless communication, productivity, and alignment among all the team members. By implementing these strategies, you can empower your team members to thrive and deliver value to your organization.

PMO 52

PMO Technical Review Governance Government 52

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.

PMO 52

PMO Cadence Governance Government 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

65% of experts see AI as a catalyst for implementing advanced project management strategies. 25% of PMO directors say that AI has disrupted their PMO ( Capgemini ) – and I’m sure that number will only continue to rise. 60% believe that augmented analytics can help risk and opportunity planning and management.

Artificial Inteligence 372

Artificial Inteligence Technical Review 2028 2024 372

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?

PMO 52

PMO Finance Governance Government 52

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. Start with this quick-start post to becoming a Savvy PMO. The Journey to Becoming a Savvy PMO.

PMO 142

PMO Leadership Governance Government 142

Rebel’s Guide to PM

MARCH 12, 2022

It confirms that in-flight projects are: Still aligned to organizational strategy On track to deliver the forecasted benefits Still required by the business Still due to complete with the allocated funding Following good governance processes with adequate oversight. Risk management. Benefits of gate reviews. Stakeholder engagement.

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Prince2 Governance Government PMO 396

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

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!

PMO 52

PMO Finance Budget Executing 52

Moira Alexander

MAY 2, 2017

To align business goals with project management (PM), leaders from the enterprise project management office (EMPO) or project management office (PMO) need to be involved in strategic planning sessions alongside senior-level management. The first component is building the institutional IT strategy. A big win for business.

Technical Review 249

Technical Review PMO Sustainability Risk Management 249

Project Pulse Journal

APRIL 25, 2024

A Project Management Office (PMO) isn't just about oversight; it's about empowering your projects to deliver real value. A well-implemented PMO can transform your project delivery process , ensuring that every project is set up for success from the start. Discover how a PMO can be a game-changer for your organization.

PMO 52

PMO Governance Government 2014 52

Rebel’s Guide to PM

MARCH 18, 2021

The 9 types of artifacts are: Strategy Logs and registers Plans Hierarchy charts Baselines Visual data and information Reports Agreements and contracts Other – a bucket category for anything else. Strategy artifacts. The first category is documentation that relates to strategy and project initiation. Logs and registers.

Logistics 509

Logistics Artificial Inteligence PMI Performance Measurement 509

Rebel’s Guide to PM

SEPTEMBER 26, 2023

Identifying and Managing Project Risk (4 th Ed) Author: Tom Kendrick. Identifying and Managing Project Risk is a big read at over 300 pages. There are some sections in it that cover enterprise risk management which you could justifiably claim in the Business Acumen section. PDU claim: 8 hours. PDU claim: 2 hours.

PMI 348

PMI Certification Sustainability Technical Review 348

Project Pulse Journal

APRIL 23, 2024

Continuous improvement equips you with the tools to achieve this, helping your strategies evolve with every project, quickly adapting to new obstacles, and setting industry-leading standards. Focus on areas like agile methodologies, risk management, and leadership. Don’t just respond to changes; proactively embrace them.

Technical Review 52

Technical Review 2024 Innovation Sustainability 52

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.

Technical Review 269

Technical Review PMO Leadership Information Technology 269

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?

PMO 303

PMO Governance Government Budget 303

Rebel’s Guide to PM

JULY 20, 2023

Here’s the list: Strategy Logs and registers Plans Hierarchy charts Baselines Visual data and information Reports Agreements and contracts Other – a bucket category for anything else. Strategy artifacts The first category is documentation that relates to strategy and project initiation. You can grab the set I use here.

Logistics 258

Logistics Artificial Inteligence PMI Performance Measurement 258

Project Risk Coach

OCTOBER 23, 2022

When you create your project charter , you can start with the content of your project summary and add elements such as deliverables, assumptions, constraints, high-level risks, stakeholders, and team members. Problems] The PMO Launch Project [Project Name] will be undertaken to implement a Project Management Office (PMO).

Underperforming Technical Team 170

Underperforming Technical Team PMO Initiating Risk Management 170

Strategy Execution | PMO Perspectives

APRIL 18, 2019

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. All these insights form the basis of the latest survey from Strategy Execution which focuses on the emerging trends and the impact on skills. The PMO: Gap Closer.

PMO 68

PMO 2027 Underperforming Technical Team Executing 68

Wrike

NOVEMBER 9, 2023

As a PMO superstar, you know that Wrike is the solution you need to align your strategy with execution for end-to-end success. Aligning Strategy to Execution — Kalpesh Shah and Carolyn Lum Overview Kelpesh Shah, PMO leader at Radial, Inc., See you next year!

2023 36

2023 PMO 2025 Project Life Cycle 36

Rebel’s Guide to PM

APRIL 18, 2024

The formulation of business cases, risk and problem management, cost control, project scope, budgeting, and schedule management are among the fundamental skills that your apprentices will master in this environment.” I asked Indie Basi , Owner and Director of UK firm Wade Building Supplies, about his experience with apprenticeships.

Construction 299

Construction Engineering Certification Controlling 299

Rebel’s Guide to PM

SEPTEMBER 20, 2020

Where the leader announces a change in direction, the manager works to ensure that the new direction is the one that people follow Where the leader outlines a strategy, the manager endeavors to ensure the successful delivery of that strategy. Failure to execute strategy is seen as a project management issue.

Leadership 481

Leadership Influencer PMO Risk Management 481

Project Risk Coach

NOVEMBER 25, 2019

The stakeholder engagement plan is "a component of the project management plan that identifies the strategies and actions required to promote productive involvement of stakeholders in project or program decision making and execution ( PMBOK® Guide – Sixth Edition, Page 723 )." When and how will you engage these people?

Influencer 341

Influencer PMO Estimate Initiating 341

ProjectManager.com

NOVEMBER 30, 2023

The importance of having an IT budget is to align technology requirements with an organization’s business strategy. They include the CIO (the chief information officer); they’re responsible for creating business value, approving invitations and establishing policies, strategies and standards. Let’s explore some other reasons.

Budget 345

Budget Software Review Infrastructure Monitoring 345

MPUG

NOVEMBER 10, 2019

Traditionally, the department managing the flow of projects, including innovation initiatives, is the Project or Portfolio Management Office (the PMO). According to the Project Management Institute, 71% of companies have a PMO, a steady rise over the past ten years. The post The Need for an Innovative PMO appeared first on MPUG.

Innovation 81

Innovation PMO Executing Risk Management 81

Planview

JANUARY 24, 2020

Today’s enterprises are increasingly looking to the PMO to boost the bottom line. The risk of poor capacity is the inability to resource projects. This quote, from one of Planview’s global Consumer Packaged Goods (CPG) customers, characterizes the challenges and risks organizations face with resource planning.

PMO 88

PMO Planning Initiating Risk Management 88

Planview

DECEMBER 23, 2019

Regardless of whether you’re still learning how to prioritize projects or you’re a seasoned veteran, you can walk away from this blog knowing how to become a Savvy PMO. It may require a little experimenting to find the right method to match the needs of your PMO and organization. Here’s how. Gain Knowledge. What are your drivers?

PMO 78

PMO Risk Management Risk Monitoring 78

Scrum.org

AUGUST 9, 2023

During a dinner conversation after the conference, you further discover that PMO (Project Management Office) can support you in leading an Agile transformation and successful Scrum adoption, by covering governance and ensuring alignment across the enterprise. Partner with the PMO, they are your key stakeholder.

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SCRUM PMO Governance Government 169

The Strategic Project Manager

OCTOBER 15, 2021

The Blue Ocean Strategy framework is unique in that it incorporates execution into the strategy. By contrast, most strategy frameworks are just that – strategy, and strategy alone. One of the ways that Blue Ocean Strategy incorporates execution is through its approach to leadership.

Executing 97

Executing Leadership Construction PMO 97

Rebel’s Guide to PM

JUNE 2, 2023

The risk of a undergraduate degree in project management is that you actually find out you don’t much like it after all and then you’re stuck with it. From airlines to zoos, project managers deliver change and make strategy happen. What can you do with a degree in project management? What kind of industries can you work in?

Technical Review 336

Technical Review Prince2 Healthcare Certification 336

Rebel’s Guide to PM

JANUARY 24, 2022

Virtual Leadership: Practical Strategies for Getting the Best Out of Virtual Work and Virtual Teams. It’s a way of automating repetitive tasks and it’s having a bit of an impact on the PMO community. PMOs will be reporting centers and support the teams in addressing major issues or risks that the teams escalate.”.

2022 484

2022 PMO Risk Management Artificial Inteligence 484