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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.
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...
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...
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...
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...
While cloud computing ostensibly makes us more efficient, it has yet to make us omniscient. However, key trends are emerging that merit attention in 2014 to fully leverage the power of the cloud, particularly by effectively managing project and application portfolios. Those organizations that can capitalize on the potential that these trends promise for businesses...
A Special Sneak Peak of SPI Research’s 2014 Professional Services Maturity Benchmark™ Reveals Looming Resource Issues Get ready for 2014. SPI Research is nearing completion of surveying for the 2014 Professional Services Maturity™ Benchmark, and the results thus far are impressive! With more than 100 professional services firms participating so far, organizational performance seems to...
During a webcast with SPI Research called, Leadership in Large Professional Services Organizations: Dwell or Excel, we discussed the latest research on the topic of trends in project-based businesses and how executive leadership is influencing the priorities of delivery excellence and project automation. Something interesting happened when we polled the audience of more than 150...
The September-October 2013 issue of Research Technology Management Journal includes a case study on portfolio management written by our own Dan Smith and yours truly: “From Budget-Based to Strategy-Based Portfolio Management: A Six-Year Case Study”. In it, we describe the journey of a life sciences company as it transitioned from a conservative, somewhat disordered investment...
In a recent Rally blog, How to Adopt Rally’s Agile Portfolio Management solution when you already have a PPM tool, I introduced Rally’s recent integration with Planview Enterprise. Now it’s time to tackle connecting portfolio and resource management in an agile environment. I’d like to share with Portfolio Perspectives readers how we decided to strengthen our...
Attending IT events this fall? The ideas are plentiful, but what will you do with them? Learn how to turn conference takeaways into action items. Fall, time for pumpkin spice flavored everything and packing your bags to get to your much anticipated conferences and symposiums of the season. For me, it’s Gartner Symposium/ITxpo taking place...
