You have heard the statistics … 70% of the projects fail, 27% of the projects go over budget, 77% of the projects are late, and so on. The knee-jerk response is, we need to hire better project managers, but typically, the unacceptable delivery is due to the lack of a project management methodology or the Read more about The Importance of Project Methodology[…]
The Evolution of Project Management and What Is AI The Evolution of Project Management New technologies and business models have been changing the status quo of how we perceive existing goods and services. From electric lights replacing candles and oil lamps to automobiles replacing the horse and buggy, these phenomena have been occurring throughout different Read more about AI and the Transformation of Project Management – Part One[…]
INTRODUCTION A project’s success rests significantly on its team, making resources one of the most important investments in the project. Yet in most cases, Resource Management is practically non-existent. How do you ensure that the right resources, are working on the right thing, at the right time? There are 2 things that must come into Read more about Resource Management or lack of, can make or break your company’s project portfolio.[…]
You are the Program Management Office (PMO) Director of a successful Fortune 1000 company. You have spent years developing processes and standards to deliver projects on-time and on-budget. You may have also introduced strategic value by implementing project/program prioritization and selection processes to support your company’s annual planning & budgeting cycle. And you have likely Read more about Focused Value of Project & Portfolio Management[…]
The ‘Organizer’ within Microsoft Project (Standard and Professional) allows one to quickly copy various Microsoft Project objects (fields, groups, filters, calendars, tables, modules, reports, and views) from one Microsoft Project file or Enterprise Project schedule to another. Learn how leveraging the MS Project Organizer will help with your templates and elements. In a Microsoft Project Read more about Leveraging the MS Project Organizer[…]
A practical approach to driving Quick Wins for supporting Project & Portfolio Management (PPM) capabilities and how best to get started adding immediate value
We have finally come down to the last step of establishing a PMO within an organization. In the previous parts to this series, I explained the first six steps required in which to put in place the correct processes and people within the PMO structure that will yield the best results: Plan the Transition Create a Read more about Key Steps Every Company Should Know When Launching a PMO (Part 7)[…]
The Project Management Office (PMO) has increasingly become a fixture across corporate and government organizations around the world, gaining popularity as the adoption of formal project management practices proliferates. Depending on the organization though, a PMO may have wildly different responsibilities, composition, and authority. Some work strategically, offering high level visibility to executive management of Read more about The PMO: Why and What Type Do You Need?[…]