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.
So far in this blog series, we have defined strategy, covered the basis of strategic planning, and discussed who to include in your strategic planning team. If you need a refresher on the first two phases of this rescue mission, read through parts 1 and 2 below: Part 1: Failing to Deliver Strategy… Slowly Part...
Photo: Manivasagan N, https://www.dtnext.in I’ve written many times that portfolio management is about change: changing attitudes, changing tactics, and changing how you invest your limited funds and focus your talented teams. We all know change is difficult, leading us away from a known environment and into an unknown future. But the issue at hand is...
See if this sounds familiar: your organization’s strategic plan is constructed at the executive level, broken down into an annual plan that is led by finance, then operationalized by the PMO and other groups in the organization. Yet, as soon as you begin to figure out exactly how the plan is to be executed, change...
Spreadsheets can be fine in the right context, but all too often they’re being used for everything apart from their intended use. Excel files are also one of the worst ways to try and coordinate projects and task-flows, resulting in endless iterations adjusting for project updates with no-one really ever sure they have up-to-date information...
Wait, what? When is it bad to eliminate risks? Many companies we speak with are keen to score their portfolio of initiatives across a number of dimensions like: Strategic fit Market value Development cost Technical risk Commercial risk So far so good. The process goes awry when teams, seduced by the idea of simplicity, distill...
One of the core objectives of any project manager is bringing the, often disparate, talents of their team together and getting them working together and collaborating like a well-oiled machine. That’s the “what” but the “how” of actually making that happen is a whole other ballgame. As will be quite clear to anyone who has...
In project management, as in the rest of life, sometimes accidents happen, in fact, sometimes these can be more like biblical catastrophes. Everything that can go wrong seemingly does go wrong. Suppliers fail to supply, deliverables don’t get delivered, deadlines get overshot and stakeholders are holding nothing but anger and have no qualms about sharing....
Being a successful project manager in today’s ever changing business landscape requires something more than just obtaining the proper combination of personality traits and a dedicated project management skill set. Most project managers would agree that the profession of project management requires a delicate equilibrium between art and science. Art, as in an inherent talent...
Putting the right team together can make or break a project before it even begins. The “wrong” team members are not necessarily bad people, just ones who don’t fit what this particular team or project needs. The negative effects can include disruptions, a negative atmosphere and also a significant drain on resources, as it has...
When we launched the Planview AdaptiveWork Bot last year, we were excited about leveraging the latest AI technology to provide value to our users. The very first skills we taught the bot were to help project managers stay on top of their projects. For those already in team chat platforms, instead of having to switch...
