Your path to business agility
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 prevalent tendency to underweight, or ignore, distributional information is perhaps the major source of error of intuitive prediction…The analyst should therefore make every effort to frame the forecasting problem so as to facilitate utilizing all the distributional information that is available to the expert. —Daniel Kahneman and Amos Tversky [1] Most people involved in...
A recent article caught our attention where Peter Sondergaard, Senior VP of research at Gartner, stated that every budget is an IT budget and that technology is embedded in every product. So how can IT departments begin to think differently and act quickly in order to keep up with technology trends? Here are some of...
First published on ProjectManagement.com on January 2nd, 2013. As 2012 starts to become a distant memory and companies begin implementing their 2013 plans, I’ve spent some time reflecting on the Project Portfolio Management (PPM) trends of 2012 and how those trends will continue, amplify or decrease into the new year. From observations made over the...
Addressing CRO Challenges with Services Resource Planning December is often a time to reflect on achievements, ponder on lessons learned, and set goals for the New Year. It is as if Charles Dickens’ A Christmas Carol has saturated the subconscious and I expect the Ghost of Christmas Future to appear this evening and tell me...
In the first section of this two part series, 13 Key SRP Metrics Vital to Profitability for Tech Services Companies, I outline specific metrics necessary to measure performance across multiple business units for successful resource planning in Technology Services organizations. This blog will discuss the top dashboards required to provide visibility of those key metrics,...
First published on ProjectManagement.com on December 4th, 2012 We’ve all heard the adage, “By failing to plan, you are planning to fail,” but for IT departments trying to handle myriad work requests on a continual basis, a more apt adage would be “By failing to prioritize, you are planning to fail.” This article is designed to...
Now more than ever, organizations are asked to do more with less. Pressures mount, competition is building, and there seems to never be enough resources to tackle what needs to be done. Then, when resources are finally allocated to strategic work, the work ends up getting delayed because the people are pulled off on emergencies,...
The Solution for CROs The previous blog in this series discussed the increasing growth rates and related issues seen the Clinical Research Organization (CRO) space due to strategic partnerships, globalism, and market consolidation from mergers and acquisitions. This kind of growth inevitably presents challenges for CROs trying to generate data from fragmented, non-integrated systems. There...
Having worked in the Professional Services industry for nearly 25 years, I have helped numerous PSOs and IT organizations utilize software solutions to manage their businesses. My extensive experience as both a management consultant and software design has given me a unique perspective into Services Resource Planning. As the need for it becomes increasingly prevalent,...
There is a significant transformation underway in the clinical research organization (CRO) space. The CRO market revenue amounts to approximately $30 billion, which is primarily generated from its core business of conducting clinical trials required for drug market admission by regulatory authorities like the United States Food and Drug Administration (FDA) and the European Medicines...
