The Stakeholder Management Survey Results Are In!

Girl's Guide to PM

Thanks again to everyone who took my stakeholder management survey at the end of last year. The respondents to the survey stated that they do it because: It helps secure project resources (71%). It helps manage project risk (68%). Nothing like a bit of honesty in an anonymous survey! I did a couple of interviews to validate the survey responses and when I told one interviewee that people were responding that they didn’t have the time, he laughed.

2017 203

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.

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PMO: The Gap Closers

Strategy Execution | PMO Perspectives

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. It’s the PMO. In a small organisation, it’s a central PMO that carries out key services in portfolio, programme and project support. The only entity that exists today that can support that is the PMO. Perhaps it’s not called a PMO – it can be called anything.

PMO 58

Is Your PMO a Healthy PMO?

MavenLink

So here you are, leading a successful project management office (PMO) and all is well with the world. If the answer to any of these is “yes,” then now is the time to move onwards and upwards (according to your plans); perhaps extending to an enterprise level PMO and connecting with your clients’ PMOs, for example. As a starting point, why not just re-validate the current support for your PMO and also re-validate the business need? As is taking your PMO “pulse.”.

PMO 84

The International PMO standard from AIPMO

Henny Portman

AIPMO is developing the first ‘leading’ international PMO standard based on a combination of research findings and expert knowledge. P3O or IPMA PMO certifications are not comparable to AIPMO’s core certifications in terms of approach, content and outcome. AIPMO’s core PMO certifications covers much more! To support the certifications and running or assessing a PMO there will be 7 core publications (still work in progress). PMO Services and Capabilities.

PMO 53

The Need for an Innovative PMO

MPUG

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. Other recent surveys suggest that 90% of large enterprises , 88% of midsize companies, and 61% of small companies now have a PMO, too. The post The Need for an Innovative PMO appeared first on MPUG.

Strategic Risk Management and Projects

Strategy Execution | PMO Perspectives

Although we face many uncertainties at all of these levels, both in terms of threats and opportunities, we can be confident that our corporate risk management structure enables us to understand the risks, and provides a framework within which acceptable risk may be managed in line with stakeholder expectations. Strategic Risk Management. But how important is the strategic leadership and alignment of risk planning? Enterprise-Wide Risk Management.

Risk 42

12 Wonderful Ways To Improve Your Risk Management

Project Risk Coach

How well did John use risk management to accomplish his goal? He and his team completed a project plan and identified project risks. He captured the risks in his risk register and periodically conducted risk reviews. He skipped capturing his risks and conducting the risk reviews. If you survey project managers on the importance of risk management, a high percentage will say that risk management is important.

2016 163

How to Improve PMO Resource Planning

Keyedin

A step by step guide to prioritizing your people PMO resource planning is an ever growing concern for any project management office (PMO) leader. Project risks. Latest RMI research confirms the lack of soft skills tracking in the 2019 Skills Tracking and Management Survey.

PMO 65

Where Do Resource Managers (RMs) and Their Employers Agree? Three Need-to-Knows for Your PMO

Keyedin

New survey clearly shows that RM leaders are both well-respected and in short supply. As I read the RMI Survey Results, I felt a distinct sense of dj vu. A main challenge was finding people who could be strategic enablers, institute new PMO processes, and drive adoption of new technology. RMs are in the midst of that challenge now and our survey brings these issues back in the limelight.

Where Do Resource Managers (RMs) and Their Employers Agree? Three Need-to-Knows for Your PMO

Keyedin

New survey clearly shows that RM leaders are both well-respected and in short supply. As I read the RMI Survey Results, I felt a distinct sense of dj vu. A main challenge was finding people who could be strategic enablers, institute new PMO processes, and drive adoption of new technology. RMs are in the midst of that challenge now and our survey brings these issues back in the limelight.

Challenging the C-Level Executives

The Lazy Project Manager

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’. The workshop will explore the true value of your strategic change portfolio (projects) – which will probably be bigger than you think – and will explain why it, you and your organisation are at real risk of failure (and wasting a lot of that financial investment).

Shifting from Projects to a Product-Centric Approach

Planview

In my last blog, “ Agile Transformation: The PMO’s New Paradigm ” we covered the significance of embracing different types of work and the role that continuous planning plays in becoming an Agile PMO—but that’s only the beginning. In the whitepaper, The Agile PMO: 5 Steps to Driving Agility at Scale , the focus of the PMO can no longer be on executing on-time and on-budget, but instead on the delivery of value as the outcome. Lean and Agile PMO

2022 91

How to Distinguish Between Stress and Burnout and Cope with Them: Tips for Project Managers

Epicflow Blog

Based on the burnout survey results reported by Deloitte and Gallup , . Too Much Uncertainty and Risks in Projects Is Overwhelming. If a PMO expert doesn’t have a reliable approach to manage uncertainty in projects, he or she is at risk to suffer from stress every day. .

Use a Project Portfolio Planning System to Deliver Higher Strategic Value

Keyedin

Years ago, I was doing some research on the project management office (PMO) of a multi-billion-dollar media company, which had just invested in project management software. ” In other words, the PMO’s eyes are sometimes bigger than its stomach.

2021 78

25 Real World Project Management Tips

Brad Egeland

Allow schedule time for risk activities. Today I am going to start providing project management tips that I have gathered and endorse. Probably about 25 of them at a time.

Project Management Statistics: 45 Stats You Can't Ignore

Workamajig

68% - more than 2/3rd - of organizations in PMI's annual survey said that they used outsourced or contract project managers in 2018. ( As per Wellingtone's survey, only 22% of organizations use a PM software. 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. 49% of project managers report to the PMO (up from 42% in 2012).

2019 105

Free Professional Development in London in October

Arras People

Arras People aren’t there this time – but pop over to PMO Flashmob’s stand and say hello to me if you’re there. There’s so many different seminars I’d love to go and listen to but somehow I won’t find the time because I’ll be manning the PMO Flashmob stand. But if I could, these are the ones I’d pick over the two days: The CEO Survey – the view from above.

2016 223

Control partners should have skin in the game!

Kiron Bondale

But after finishing the book, I realized that there is a much more compelling example of the challenges experienced with risk asymmetry in many large organizations, namely with those staff who are responsible for developing the policies, standards and methods used by teams for delivering projects or products. For example, in some companies, project management standards are set by a centralized department such as a PMO.

How to Engage Stakeholders Through An Internal Blog

Project Risk Coach

One communication tool that I’ve used for enterprise programs such as implementing a Project Management Office (PMO) or an Enterprise Risk Management (ERM) Program is an internal blog. Conduct polls and surveys. If you like, you can include a poll or survey on your blog/website using a tool such as SurveyMonkey or Polldaddy. Click here to see how I used a GRPI survey in one of my projects. I often share the survey results in subsequent posts.

2017 183

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. Every year we have surveyed project management professionals, resource management proves to be the largest threat to their company and its effectiveness to accurately plan resource capacity.

2020 60

The Complete Glossary of 614 Project Management Terms

Workamajig

Accept: A response to a project risk where the project manager accepts the risk and takes no action to evade it, i.e. 'accepting' the risk. This is usually in case of risks that are unlikely to occur or minor enough so as to not affect the project's outcome.

2021 78

How to Engage Participants in a Project Management Workshop

Project Risk Coach

Are you responsible for project management workshops for a PMI Chapter, a Project Management Office (PMO), or your organization? Imagine that you are planning a project risk management workshop. Conduct an online survey with the participants to find out their greatest risk management challenges and interests. Have them identify risks for a project. The Project Risk Coach Workshops. John, Sally, and Bill just left a full-day project management workshop.

2017 163

How to Engage Stakeholders Through An Internal Blog

Project Risk Coach

One communication tool that I’ve used for enterprise programs such as implementing a Project Management Office (PMO) or an Enterprise Risk Management (ERM) Program is an internal blog. Conduct polls and surveys. If you like, you can include a poll or survey on your blog/website using a tool such as SurveyMonkey or Polldaddy. Click here to see how I used a GRPI survey in one of my projects. I often share the survey results in subsequent posts.

2017 150

How Savvy PMOs Drive Actionable Insights with Portfolio Dashboards

Planview

Does your PMO generate portfolio dashboards for stakeholders and executives? Does it help your PMO be seen as a value driver? In a 2019 Deloitte survey of 1,000 U.S. The Savvy PMO recognizes this and makes access to highly visual, useful data an imperative by providing comprehensive portfolio dashboards. The Savvy PMO builds upon project-level reports to create progressively more sophisticated, portfolio dashboards.

2020 78

How to Engage Participants in a Project Management Workshop

Project Risk Coach

Are you responsible for project management workshops for a PMI Chapter, a Project Management Office (PMO), or your organization? Imagine that you are planning a project risk management workshop. Conduct an online survey with the participants to find out their greatest risk management challenges and interests. Have them identify risks for a project. The Project Risk Coach Workshops. John, Sally, and Bill just left a full-day project management workshop.

2017 150

Do Resource Managers Get the Respect They Deserve? The Empowered RMO

Keyedin

A new survey uncovers the maturity of the discipline and how employers view resource managers. The Resource Management Institute (RMI) ran a first-of-its-kind survey about the state of the Resource Manager (RM), focusing mainly on the leaders of Resource Management Organizations (RMOs). Employers that RMI surveyed reported a high demand and perceived low availability of these key professionals (only 10% said it “was not a problem” finding skilled resource managers).

Do Resource Managers Get the Respect They Deserve? The Empowered RMO

Keyedin

A new survey uncovers the maturity of the discipline and how employers view resource managers. The Resource Management Institute (RMI) ran a first-of-its-kind survey about the state of the Resource Manager (RM), focusing mainly on the leaders of Resource Management Organizations (RMOs). Employers that RMI surveyed reported a high demand and perceived low availability of these key professionals (only 10% said it “was not a problem” finding skilled resource managers).

Add to the C-Level

The Lazy Project Manager

The following is an extract from my new book ‘How to get Fired at the C-Level: Why mismanaging change is the biggest risk of all’ in association with my friends at Tailwind Project Solutions – the extracts follow a series of 5 Challenges that I think every organisation should consider, and consider very carefully: Challenge 3 – Invest in a Chief Projects Officer. Managing the overall portfolio risk to the organisation. Leads, and is aided by, the PMO.

2017 122

4 Things the Project Manager Should Expect of Senior Management

Brad Egeland

If you have a PMO of, say, 15 project managers who are each running, on average, 5 projects then that’s 75 projects that may be going on at any given time in the organization. Our senior leadership – from the PMO director on up – has ultimate responsibility for ensuring the availability of our assigned resources to our projects. We have the responsibility to keep our senior leadership informed of project status and the risks of upcoming roadblocks.

How To Determine If You Need To Build A Focus Group ?

Project-Management.pm

Organizations believe a focus group on their PMO that is used to boost its effectiveness and also to trigger more projects. But sometimes a focus group has a negative impact on PMO for many reasons such as time issues, budget, and it can cause office politics to rear its ugly head. If you still believe that focus group is your best bet for further PMO improvement , you need to understand its benefits to your overall PMO structure.

2017 84

PM, CEM, & Covid-19: Reflections – Part Two

MPUG

I’ve listed just a few of my own observations, but as you may recall from Part 1 , we posted a survey to find out how PMs-at-large are coping. One PM commented that their PMO had put everything on hold for the moment. QUANTIFY AND ANALYZE RISK. Collage by Jigs Gaton.

2020 52

Five Best Practices for Allocating Resources

Keyedin

PMO leaders, like Game of Thrones, it’s “allocate or die” The highest-rated fantasy TV show ever is about to start its eighth and final season. In that spirit, we offer five best practices and their corresponding pain points to help you gain the transparency and control you need to prioritize your people and experience more success in your resource-centric program management office (PMO). Project risks.

2019 60

Five Best Practices for Allocating Resources

Keyedin

PMO leaders, like Game of Thrones, it’s “allocate or die” The highest-rated fantasy TV show ever is about to start its eighth and final season. In that spirit, we offer five best practices and their corresponding pain points to help you gain the transparency and control you need to prioritize your people and experience more success in your resource-centric program management office (PMO). Project risks.

2019 60

Cautionary Tale of Resource Capacity Planning: #1 Reason for PSO Project Failure

Keyedin

Why Walmart nearly became the big fish story for a PMO leader. In a recent survey, 94% of Enterprise IT project managers and PMO leaders and 77% of project and PMO managers working in the professional services industry reported that resource assignment capabilities were the number one reason they needed project management automation. As a former PMO leader, I realize the practical need of keeping those executive folks happy.

2019 60

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). Work with your PMO leaders to ensure your remote workforce is delivering on strategy? The good news is that PwC’s survey found that digital transformation, customer experience, and cybersecurity or privacy are the least likely investments to be cut.

How To Make 2019 A Successful Year for Your Projects

Girl's Guide to PM

My PMO Lifecycle: Building, Running, and Shutting Down course is going strong and I will be launching updates in 2019 that will really help PMO Managers be successful. You can get to the online course here: The PMO Lifecycle: Building, Running, and Shutting Down. I have brand new webinars in the works with materials never been shared before all based off of my Project Management Communication Tools book, and my PMO Lifecycle book.

2019 268

Scheduling and Cost Control in a Complex Environment

Strategy Execution | PMO Perspectives

It is essential that projects and programs are also integrated horizontally through portfolio management to ensure that costs, benefits and risks can be understood across the whole organisation. Risk Must Be Factored in At Every Stage. This should go without saying; however, our models should include not only project/ program risk, but also delivery risk. This post first appeared on PMO Perspectives Blog.

Webinar Recap: Do You Know How to Recover a Project?

MPUG

I’m the director of the PMO, University of Washington. This year I was named one of the top 16 PMO leaders of the world, which is from the PMO Global Award, so was really exciting and hopefully you guys saw some of my presentations there. Do they have a risk log?

2020 52

The Case for Multiple Project Management Methodologies

LiquidPlanner

Believe it or not, the PMO doesn’t create a new template or a new process out of sadistic pleasure. Despite the amount of focus user group surveys, subject matter expert collaboration, and thoughtful process analysis, there will never be a single, perfect methodology for getting work done. No two projects are the same; the people, environment, project constraints, and potential risks will be different.

2017 82