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The PMO is under constant pressure. From maintaining standards for project management practices to planning and delivering projects – the PMO needs to be in constant sync with strategy and business outcomes. This PMO blog category provides numerous recommendations from experts to encourage top down and bottom up planning, improve processes, promote stakeholder satisfaction, and ultimately eliminate silos to advance the PMO function. Get expert advice on the pros and cons of adopting a continuous planning model. Experts will also share real-world advice on choosing your next Project Portfolio Management tool and how to #BeThatPMO your business needs.
One of the most common questions I get asked is “what is the transforming role of the CIO?” It’s no surprise that this is top of mind for CIOs. In fact, according to a recent CIO.com survey , 45% say that becoming a “transformational” CIO is their number one priority for 2016. This rate is...
Our latest video covers prioritization by value metrics, when to use productivity metrics, how to build a frontier chart, and when to temper simple prioritization with more sophisticated methods. You can see it here, right now. As always, we’d love to hear your comments and suggestions on topics for future videos.
In most R&D organizations, the portfolio management team walks a narrow line between the project teams and the executives. The portfolio staff polls the project teams for information about each new and ongoing initiative, builds portfolio views, and shares the updated state of the portfolio with executives. In an ideal world, the portfolio team members...
IT PMO responsibilities are typically centered around delivering projects on time, on budget, and in scope. But the question the IT PMO should be asking is whether those projects are still high value to the business or if things have changed – driving the need to re-prioritize the portfolio. Traditional metrics are failing to provide...
Portfolio dashboards are a fantastic way to track metrics and progress across the organization. They provide insight in to project status, financials, and roadmaps, to name a few. Ultimately, the goal of dashboards is to give a big picture of how the work done day to day aligns with the company’s strategic goals and objectives....
Recently we had the chance to get some insight from the field in a discussion with our partner at Lewis Fowler and a great chance to speak with Amy Fowler Stadler, principal at Lewis Fowler. In our recent partner webinar, Project Portfolio Management in Action, Lewis Fowler covered common use cases for PPM including resource time...
Scoring projects is an easy way to identify high value projects and push them to the front of the line, keeping your organization working on the highest priority initiatives at all times. But you might be surprised at how little of organizations are actually doing it in practice. In our latest Project and Portfolio Management...
Let’s face it, the annual plan is a lot like making a New Year’s resolution to exercise more – It’s a great idea but not always realistic. Just like in business, you may establish a plan to run a marathon. Throughout your training, things happen. You miss training workouts, priorities with family, and other obligations...
Knowing the current cost and estimated value of every initiative in your portfolio is nice, but when executives meet for a review, what they really want to know is: What’s changed since the last review, was it good or bad, and why? The above is true whether a month, a quarter, or a year has...
Now that the holidays are in the rear view mirror, January is over, and the Superbowl is in the air, it’s time for project management professionals to buckle down and focus. Many of you have already missed your resolutions or are off to a bad start (guilty as charged here), but it isn’t too late...
