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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.
In our recent webinar, Getting the Most Value of Your Project Resources, we had the chance to really dive deep into Q&A, and get some good insight from our audience about resource planning and management. What is the advantage of managing projects in a tool over a spreadsheet? Of course, if you are a one-person show...
For many organizations, portfolio planning happens once a year or once a quarter and consists of hours of preparing, evaluating [read: arguing] and justifying project investments. At the end of it all, the plan is well thought out, extremely thorough and in line with business goals. Success. Or is it? As soon as the plan...
Do you ever feel like you’re being asked to do battle with more and more projects with fewer and fewer resources? Don’t fall on your own sword! Look to the great military strategists – from Sun Tzu (500 BC) to Napoleon – for how to wage war with limited resources, and learn from these resource...
“Hey Percy, what happened to the two medical writers who were supposed to start work with us this week?” “Oh, you didn’t hear, Luke? They were pulled to work on project PDE_311 at the last minute.” “Ugh, just like the bio-statistician that we were supposed to have last month!” said an exasperated Luke. “That’s the...
Halloween is around the corner, but ghouls, goblins, and ghosts shouldn’t worry you. You have a deadly horror lurking in the halls, hiding in the shadows of your conference rooms, and trapped in computers waiting to spring on you when you least expect it – spreadsheets. These spreadsheets are creating massacres across the industry, cannibalizing...
We’ve all heard that a failure to plan is a plan to fail, right? But how do you successfully execute on your portfolio strategy when internal, external factors and even unplanned demand impact your portfolios? Are you able to take these unpredictable forces and re-assess how you are executing on your strategy? This dilemma was...
In part one of this blog series, I discussed why resource management should start with resource planning. Prioritizing and scheduling people to ensure they are working on the right projects at the right time is critical because it does not matter if you are executing well, unless you are executing on the right things well....
In our recent webinar, “10 Signs You Need to Reinvent Your PMO” our guest speaker Pete Fisher, Vice President Solution Services & CIO at Lewis Fowler explored some red flags for PMO leaders and gave insight as to how to solve some of the biggest challenges. Pete’s multi-faceted career spans 30 years in IT, management consulting, sales...
Uh-oh The goal of portfolio management is to effect changes that minimize risk and maximize value. But change is hard, and corporate change is harder still. People need motivation. The best way to build that motivation is to lay the consequences of the present course bare and make the status quo completely unpalatable. Like Thelma...
When I walked in to my PMO Manager’s office and sat down for our one-on-one, I was not expecting to hear the one sentence I never wanted to hear. “We’re going to start tracking project time.” Nooooo! My boss tried to make it positive by listing benefits. Yes, it would be nice to have historical...
