What Does a PMO Do? A Project Management Office (PMO) is a group or department within an organization that establishes and implements best practices and maintains standards for project management, planning, and execution. The PMO strives to standardize best practices and introduce economies of repetition in the execution of projects. It also is the source …
Project Management Office (PMO) Facts and Figures Illustrated Read More »
Quick Take: Project Management jargon can be difficult to wrangle Understand what PM, PM (not a typo), PMP®, PgM, EPM, PMO, PMBOK, and PPM mean PM can mean Project Manager or Project Management Project Portfolio Management (PPM) enables organizations to place a framework around project management that enables them to effectively manage projects, no matter …
Quick Take: 750 million users of Excel worldwide Excel has some pluses: ease of use, availability, flexibility, and cost Spreadsheets have their place, but managing a portfolio of projects effectively is not one of them Project Portfolio Management (PPM) requires a governance model and controls with an integrated workflow Projectric Project Portfolio Management software avoids …
Death by Spreadsheet – Project Management In Excel Read More »
Quick Take: Project Portfolio Management (PPM) software can dramatically enhance the success rate of your organization’s projects PPM software can forecast the success of your projects, provide your team with a centralized resource that enables visibility and insight, increase collaboration among your team, simplify the top-down management of project plans, and enable you to easily …
5 Ways Project Portfolio Management Software Will Make You More Effective Read More »
Quick Take: The phases of the Project Management Process are: Initiation Planning Execution Monitoring Closing The Phases of the Project Management Process Effective project management relies on a series of processes. For waterfall project management, these processes are commonly organized into phases. These phases generally run linearly and sequentially with a Big Bang at the …
Quick Take: Project Managers (PMs) must deliver projects on-time while providing transparency and governance. However, today, PMs often are working with a set of tools ill-suited for the changing landscape. IT budgets have only risen slightly, but much of the IT portfolio has shifted from maintaining the infrastructure status quo to supporting expensive, broad, complex …
Quick Take: What is Project Management Software?—Project management software helps project managers in day-to-day project planning, tracking, and monitoring with an emphasis on understanding and managing immediate priorities What is Enterprise Project Management Software?—EPM software is similar to Project Management Software but operates on a larger scale. Because enterprises have more than one project in …
Quick Take: Prioritization is rightly the first component of the Project Portfolio Management (PPM) process Your project prioritization framework should be data-driven Defining the value your organization seeks is critical to success Your prioritization process should take into account these steps: Intake, Scoring, Selection, and Strategic Alignment The data contained in your PPM software system …
How To Implement An Effective Project Prioritization Methodology Read More »
Quick Take Project Portfolio Management (PPM) is essential to keeping a pulse on your organization’s projects In addition to high-level views of project progress, a good PPM solution enables you to dive deeply into the details of individual projects Robust, automated issue tracking is a must for effective oversight of the portfolio PPM solutions need …
How Project Portfolio Management (PPM) Improves Project Management Read More »
