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.
Most business owners are intimately familiar with the concept of risk management. If you’ve ever formulated a business plan, you must consider the potential risks involved with launching an enterprise so that you can prepare, plan a response and convince lenders and investors to get your venture off the ground or help you to grow...
What is Control Management? The concept of control management stems from French mining executive Henri Fayol’s five functions of management (Planning, Organizing, Commanding, Coordinating and Controlling). In this sense, Controlling relates to ensuring that all the processes being undertaken – and their results – are in line with previously established standards. As Fayol himself said:...
What is the Project Management Triangle? The project management triangle defines the basic constraints that a project operates within, namely: Cost Time Scope The triangle model demonstrates how one element cannot be altered without affecting the other constraints. For example, a broadening of the scope of a project will most likely lead to increases in...
As large organizations implement newer and more effective project management methodologies, they often struggle to ensure that projects and processes are managed in a consistent manner across the entire company. Due to varying business needs or individual preferences, teams in one department might wish to manage their projects differently from teams in other departments. While...
With the rise of cloud-based software improving working practices across the world a number of new buzz words have become increasingly prevalent in the digital sphere. These can leave many people mildly bewildered, asking questions like: What is Digital Asset Management? What do UX designers do? or Who on earth are disruptors? If you find...
Being a project manager, in the adventurous and diverse land of business, requires the mastering of a broad spectrum of skills, including having great human relations, excellent research and planning competence, resourcefulness in task delegation, readiness in foreseeing difficulties, calmness in troubleshooting and efficiency in negotiating. When managing just one project at a time, things...
As we’ve recently discussed, the second-most common New Year’s resolution is “Life/self improvement.” In other words? Change Management. Unfortunately, as both individual resolution-makers and business leaders know, change is easier said than done. 95% of people abandon their New Year’s resolutions, while many in the business world estimate that at least half of change management...
When it comes to any project team, the assigning of roles and configuring of the approval process can often cause considerable and damaging delays. When this happens, it is up to the project manager to formulate an effective RAM (Responsibility Assignment Matrix), like using a RACI chart, to clarify who’s supposed to be doing what...
In a world of constant, sometimes frenzied change, there are a few truisms that we can cling to (or that cling to us) that remind us, no matter how different tomorrow looks compared to yesterday, some things stay the course. Stuff like: Free coffee, tea, soft drinks and other goodies invariably make any work situation...
The making of a good project manager can be a complex task in the field of Emotional Intelligence. While older schools of thought would place the emphasis solely on the abilities to organize workflows, meet deadlines and supply projected deliverables, modern theory on the role of the project manager has a much broader scope. Chief...
