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.
It’s not trying to optimize resource utilization, manage customer expectations or handle change requests; although these are certainly thorny issues. No, the number one challenge in project management is — always has been, and always will be — getting the project plan right the first time. As such, enterprises that want to improve project performance...
Do you know whether your organization has enough resources to get work done? And are these resources focused on the right work? When it comes to forecasting and optimization, having the right resource management tools in place is critical to understanding utilization of resources to meet existing demands, and pursue new projects while accelerating project...
Anyone who’s tried to kick a bad habit will know the struggles of addiction. Whether it’s caffeine, Instagram or smoking, there’s always that part of your brain that wants to go back to the comfort of what you know best. With spreadsheets it’s the same deal; they’re cheap and accessible, you’ve probably been using them...
Variance analysis is a common tool in financial analysis, helping teams compare the cost forecasts and schedules to actual values. In portfolio management, variance analysis is used not only for cost and schedule comparison, but also to track changes in project and portfolio forecasts of value over time. We’ve written about these features in the...
For the PMO, saying “yes” to the hundreds of requests that flood their pipeline is not a long-term, scalable strategy. Sure, in the short-term, you may end up making a few people happy, but without proper project prioritization it will likely be challenging to manage that much incoming demand across the entire portfolio. Organizations often...
As a PMO leader, have you ever looked at a list of projects in your company? I mean, really looked at them? The projects typically describe what is to be done, not necessarily the value of doing them. Corresponding project charters and business cases often dive into a lot more detail regarding execution and may...
Have you ever planned a road trip? You must know where you are starting your journey from and where the final destination is before you can start laying out your path and the stops along the way. And once you create that roadmap, you must be willing to re-route based on new information. Sometimes there...
A digital project manager is a project manager who makes full use of available technology, such as project management software to coordinate and monitor the activities and objectives of their team. They differ from more traditional methodologies by focusing on speed of execution and the ability to track progress and pivot resources in the necessary...
OK, so you’ve rolled out a powerful new PPM solution. It’s a beautiful thing ready to be that single source of truth your organization needs. While PPM software is designed to improve portfolio planning and project execution, it needs quality data to work. For project team members, this equates to a weekly timecard. What’s in...
PMO success is no longer just about project execution. Today’s project and program management offices (PMOs) are tasked with driving strategic value to grow revenue along with improving the customer experience and products and services. Instead of being narrowly focused on facilitating portfolio management capabilities, they must also strive to deliver on an organization’s most...
