Project Portfolio Management

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.

The Changing Role of the CIO – From Technologist to Business Strategist

An article published by CIO.com about the modern day CIO and the challenges that they face resonated with us for several reasons.  First, the talent pool for the position as ascribed in the article differs a bit from years past.  Secondly, the characteristics and requirements for this role are shifting and lastly, the expectations for...

Is FP&A Certification Right for Your Organization?

An Interview with Association for Financial Professionals’ Brian Kalish (Part 2) In part one of this two-part interview, we learned what the first FP&A Certification program is and what it is designed to benchmark. Three years in the making, the Association for Financial Professionals’ (AFP) director, finance practice, Brian Kalish, has received a lot of advice and...

Today’s PSO Market: 3 Concerning Trends and 1 For Your Radar

The last year was a growth year for many professional services organizations and 2014 will continue to be so, especially in the USA and South America, driven by the improving economic environment. With year-over-year growth measurably beginning at the turn of the 21st century, certain topics often surface with regularity. Below are the three most...

FP&A Certification Is Here! Is Your Team Qualified?

An Interview with Association for Financial Professionals’ Brian Kalish (Part 1) As the Association for Financial Professionals’ (AFP) director, finance practice, Brian Kalish has been a part of the invigorating discussion of the role of strategic capital planning in Finance. Especially, as it relates to competing for resources, talent, and priority from Treasury, Budget, and...

Project Prioritization is Not Enough: Why No One Uses Optimization for R&D Portfolio Management, and Why You Should – Enrich Consulting

R&D-driven organizations face the constant challenge of deciding whether to continue funding existing projects and when to start new initiatives. The overwhelming majority of firms will use project prioritization to rank the opportunities as part of that exercise, with a small minority suspecting that optimization is better suited to the task of project selection. So...

7 Informative IT PMO Resources to Leverage in 2014

As we begin to tackle everything the New Year brings, I wanted to share this list of informative IT PMO resources from 2013 I thought you may find helpful as you work through your 2014 goals. These resources feature best practices from IT executives in today’s leading organizations, trends from industry analysts, and our own...

Four Picks on the Biggest Trend in Professional Services for 2014

As it has been for the past several years, the concern over the state of professional services organizations has not been about if they are going to grow; but rather how. Since 2010, the state of the industry has seen double digit growth in personnel and revenues despite economic and political uncertainty.¹ Of the primary...

Long-Range Planning and FP&A: A Crash Course for 2014

Last year produced an amazing number of qualitative and quantitative recommendations for the FP&A professional. Early in 2013, Ventana Research and Financial Executive Research Foundation (FERF) published the first of its kind: New Benchmarks in Long-Range Planning. The comprehensive study spawned both an Executive Summary from Ventana Research and a complementary set of actionable recommendations...

Tips 6-10 for Better Project Estimates

In my blog post, 10 Tips for Better Project Estimates, I introduced the white paper by best-selling business author, Jerry Manas, titled Bigger Than a Breadbox: 10 Tips for Better Project Estimates — Part I, which outlines five out of 10 suggestions project managers should consider when estimating projects. Effective estimating drives project success, better...

Key Project Management Trends to Watch in 2014

Last year, we predicted that in 2013 we would see the three Cs: Consolidation, Change and Collaboration—and we most certainly did. These forces will no doubt continue to shape the project management landscape in the year ahead. Yet trends on the horizon point to a renewed focus on the alignment of IT operations and strategic...