Musings on Project Management
OCTOBER 29, 2022
Consider this military wit, and put it in the context of a PMO. Strategic Plan StrategyThere is an old—and misleading—bit of conventional military wisdom which holds that “amateurs study tactics, while professionals study logistics.” The truth is that amateurs study only tactics or logistics, while professionals study both simultaneously. The most brilliant tactics ever devised are pointless when the supplies needed.
The Lazy Project Manager
APRIL 6, 2021
Project resource management by PMO has changed significantly in the last 20 years. This article would help you understand how a value-driven resource management can become a major game-changer for the PMO and become a profit centre for the business. GRAB YOUR FREE EBOOK HERE.
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ProjectManager.com
FEBRUARY 21, 2023
A PMO, or project management office, can be an internal department or an external group or agency that defines and maintains the standards for a company’s project management. However, all three can use PMO templates to support project programs and portfolios.
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. It’s the PMO. The only entity that exists today that can support that is the PMO. Where the PMO Closes the Gap.
Speaker: Peter Taylor, Speaker/Author, The Lazy Project Manager
Business transformation is a high priority in today's corporate landscape - a fact that the C-Suite is well aware of. But once executives have decided to implement some type of transformation, they often rush to de-prioritize it. Sometimes they even stop paying any attention at all to this critical organization change, delegating essential strategy projects to those with little to no relevant experience. Enter: the project management office. PMOs are uniquely situated to orchestrate organizational change, all while building a landscape that is centered around collaboration and social interaction.
The Lazy Project Manager
JULY 25, 2019
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.
The Strategic Project Manager
AUGUST 11, 2022
PMO’s institutionalize those processes and frameworks across all projects within an organization or domain. Are project management and PMO skillsets different? The PMO Skillset. There surely are more things a PMO does, but this covers the main groupings.
ProjectManager.com
OCTOBER 6, 2022
Each of them has pros and cons depending on your portfolio management or PMO needs. The scoring model is defined by the program , portfolio manager or PMO in collaboration with cross-functional teams.
Rebel’s Guide to PM
DECEMBER 16, 2022
There’s a lot riding on getting your PMO mission statement right. After all, the mission statement is what will guide the PMO as it strives to achieve its goals and objectives. Why have a mission statement for the PMO? It should explain what the PMO does and why it exists.
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.
Rebel’s Guide to PM
OCTOBER 5, 2022
This is a question I’m hearing quite a lot at the moment: How do I turn my company’s strategy into actual projects? It’s good to have a strategy, of course. But a strategy that stays in a fancy PowerPoint presentation isn’t helpful to anyone.
Henny Portman
JUNE 25, 2022
The book PMO Services and Capabilities – Including an overview of AIPMO’s competence framework – Competences per PMO service – Techniques and tools per PMO service is written by Robert Joslin. There are over 220 PMO services described in this book.
Bridge the Gap Consulting
MARCH 21, 2023
PMO Failure. We hear about PMO’s failing all the time. Stats on PMO failure rates are all over the map based on your definition of “failure.” What follows is a list of reasons PMO’s fail from my experience and what I’ve gathered from others.
MPUG
MARCH 30, 2020
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. After two years, the PMO most likely dissolves.
WorkOtter
OCTOBER 8, 2019
How do you sell management on the relevance and importance of the PMO to the organization?”. This is one of the top questions pondered by the majority of PMO leaders I have met in the workshops I have presented over the years. The question puzzled me for some time because I had difficulty understanding why anyone would need to “sell” the concept of a PMO to a management that established and funded it. The Secret is in Using a Top-Down Approach.
Epicflow Blog
AUGUST 3, 2022
For this purpose, a great number of organizations started to set up a project management office (PMO) – according to the 2021 report on the state of project management [1], 82% of organizations reported to have one. . What is a PMO? In particular, a PMO ?s
Project Risk Coach
JANUARY 18, 2021
I highlight 10 of the 40 PMO problems and provide ways to manage them. 10 PMO Problems and Solutions 1. No project sponsor or project charter for the implementation of the PMO. The PMO doesn’t understand the organization’s culture. Need some help with your PMO?
Strategy Execution | PMO Perspectives
AUGUST 8, 2019
Back in 2015, we took a look at the five advanced training options for people working in PMO. Four years on and a few things have changed in the PMO field. There is now another PMO certification option available alongside P3O from AXELOS and the PPSO ones from BCS, both of which feature in the last article. The AIPMO has introduced deeper learning for PMO practitioners – for practitioners at different stages of their career. Strategy.
Strategy Execution | PMO Perspectives
JUNE 20, 2019
Last week it was the fifth PMO Conference in London. With over 400 PMO practitioners from around the globe and over 20 sessions to choose from, there’s a lot to learn about where PMO is heading right now. Strategy Execution were there catching up with PMO practitioners and discussing the latest challenges PMOs are facing today. Staying with the reporting theme, data analytics will be a game changer for the PMO in the coming years. Agile for the PMO.
The Lazy Project Manager
JANUARY 27, 2016
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?
Strategy Execution | PMO Perspectives
JULY 4, 2019
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
The Strategic Project Manager
MAY 8, 2022
This post looks at what the PDCA cycle is, dives into the specifics of the four steps, looks at pros and cons, and enumerates where it can enhance strategy and project management efforts. Strategy and PDCA. Quality advantages can drive a strategy of differentiation.
Henny Portman
FEBRUARY 22, 2020
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. PMO Services and Capabilities.
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. Create – clarifying organizational strategy and where team members fit.
Planview
JUNE 30, 2022
In times of economic uncertainty, PMO value is critical. Maximum PMO value ensures the work delivered aligns with company strategy. Certainly, the PMO is not immune. The PMO is a valuable asset in planning and executing informed decisions in an unpredictable market.
Brad Egeland
JULY 20, 2022
I am available for 1 on 1 mentoring, team discussions, analyzing and fixing your PMO, or coming onboard as your newest Project Manager. Contact me or email me and tell me what you need. I can be available immediately if needed.
Strategy Execution | PMO Perspectives
NOVEMBER 29, 2018
You’ve created a robust corporate strategy and aligned all your projects. Now all you have to do is sit back and wait for your strategy to be delivered, right? In this article, we share six reasons why strategy execution might go wrong and how you can address them. First, strategic execution can fail because the work the business is doing does not take it closer to the strategy. However, as a recap: Set your strategy.
Planview
AUGUST 16, 2021
Portfolio Management Offices are in a prime position to deliver this business agility – with the right PMO roadmap. Even in normality that was a dying strategy.” 32:00): The four steps any PMO can take to adapt their PPM practices and accelerate agility, outpacing the competition. (33:55):
The Strategic Project Manager
FEBRUARY 18, 2022
This post examines what Hassle Maps are, their usefulness, examples, and the application of Hassle Maps as a tool for strategy and project management. Hassle Maps and Strategy. This can help force the PMO to create value and maintain relevance as a customer centric corporate citizen.
Henny Portman
SEPTEMBER 7, 2021
Today I finished my tasks as judge in the 2021 World PMO of the Year Award competition organized by the PMO Global Alliance. As a judge you can learn a lot from those PMO presentations. PMO Global Alliance offers a PMO of the year award (worldwide, continent, country.
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. 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.
Wrike
FEBRUARY 15, 2021
The structure of your organization’s project management office (PMO) may be the difference between effective and ineffective project management. Your PMO structure must blend in with the organizational culture to ensure project management success. What is a PMO structure?
The Strategic Project Manager
FEBRUARY 9, 2022
Is there a way to boil down strategic choices to three generic strategies? Strategy guru Michael Porter has done just that. This post explores the generic strategies, the pitfalls in choosing one, and their importance to project managers. The Cost Leadership Strategy.
Rebel’s Guide to PM
FEBRUARY 22, 2017
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. The paid course covers everything you’d need to get a PMO up and running in a few months. There are two workstreams within the RapidStart methodology: Workstream 1: Designing, launching and aligning the PMO. Then it talks about aligning the PMO.
Bridge the Gap Consulting
JANUARY 12, 2023
Why do you want a PMO? That’s a hell of a question to ask when you’re the consultant asking a client why they want to start a Project Management Office (PMO). Yes, they’d read about a company in the same industry that stood up a PMO and was successful. PMO=fail.
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. Suresh Srinivasan, CTO at NYU Langone Medical Center , tells CIO, within the NYU IT department there are two key components that link the business strategy and project management. The first component is building the institutional IT strategy.
The Strategic Project Manager
APRIL 7, 2022
This post provides an overview of the Key Resources block on the business model canvas, provides related considerations for organizational strategy, and outlines the impact on project management. Strategy – Ensure the Right Key Resources.
Brad Egeland
MAY 18, 2022
The PMO should increase the accuracy of projects in terms of the budget, resources and schedule associated with them. If you aren't getting that accuracy – if your teams and projects are consistently missing the mark – then your PMO isn't working or working right. A sign that something is wrong somewhere in the PMO. Align the portfolio of projects with an eye toward future strategy. Is your PMO working strategically for you?
Project-Management.pm
FEBRUARY 7, 2017
Implementing PMO is the key to combat such issue. With this, PMO will take over various components of the agency such as strategy , quality of the products, and enhancement of resource management. PMO is crucial and a key instrument in for the success of any existing agency. Implementing PMO will boost all the agency’s structures and that includes the results that they will deliver. Implementing PMO Step#1: Evaluation . Implementing PMO Step#2: Planning.
Bridge the Gap Consulting
MARCH 11, 2021
But, out of respect for the PMO manager who asked not to be named or have this published until his retirement in March of 2021, I held off. One of my first PMO managers had an Actuary background. So, he created strategy; the PMO Marketing Plan. Marketing Strategy.
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