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.
As a professional service business, profit is the bottom line. With high profit margins, you can grow your business and serve new customer demands as you please. Without profit, you’re in a constant fight to stay afloat. However, you also can’t afford to have tunnel vision. Alongside profit, you must maintain high service quality, innovation,...
If we take a closer look at successful enterprises and the way they operate, it becomes clear that their growth and establishment in the market is never a result of mere chance, rather it is the final outcome of various forces working together successfully. These invisible forces that operate in the background of each enterprise...
The concept of agility, once confined to the world of software development, is making its way into the broader world of project management. As more organizations begin to see the improvements in efficiency and communication that Agile Methodology can deliver, business agile is transforming industries from manufacturing to marketing. If your organization is interested in...
The ability to plan is what defines an effective project manager, and one of the key pillars of that plan should be the timeline. Creating a project timeline is like drawing out the map before the voyage – it sets the goals and limits of the project’s duration so that teams can stay on-course (and...
A defining skill set of any effective project manager is their ability to assess and mitigate risk. Spotting bumps in the road, predicting outcomes and preventing failures are all part of the responsibility of managing a project successfully. Risk assessment can be an art form, and there’s a variety of ways to get the job...
As a system of goal-setting and progress measurement, Objectives and Key Results (OKR) has shown significant results for organizations which have adopted it. Initially created by Intel it has become widespread, especially in technology firms such as Google. One of the most interesting features of the Objectives and Key Results (OKR) method is that it...
A Business Impact Analysis (BIA) is a process which is carried out to assess how an interruption or sudden stoppage of the critical operations of a business, due to an unforeseen accident, emergency or disaster would have an impact on that business. It is necessary, when creating an organization’s business continuance plan, to know what...
Looking for a way to give your career a boost in the new year? One of the most effective ways to increase your earning power and long-term growth potential is to earn professional certifications in your chosen field. Not only do certification programs give you a stamp of approval that makes you a more appealing...
The Delphi Method (named after the famed Oracle of Delphi in Ancient Greece) was first developed by the RAND Corporation after WW2. They had found that traditional methods for trying to predict technological change and future requirements in the military were not proving as successful as they might have hoped. A new method was developed,...
Healthcare is a vast and complicated industry which requires project managers to adapt to a whole range of new skills and requirements due to its intricacies. A report by Georgetown University and the National Institutes of Health came to the conclusion that by 2020 there would be 5.6 million new healthcare jobs. This is fueled...
