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: Emerging technologies can make your products and services obsolete Digital Transformation (DX) means using current technologies to rework an organization’s products, processes, and strategies The biggest trends driving Digital Transformation are: Mobile technologies Artificial Intelligence Machine Learning Internet of Things Cloud Computing You can utilize Project Portfolio Management (PPM) best practices to support …
Is Your PPM Process Ready For Digital Transformation? Read More »
Quick Take: The adage that what gets measured, gets managed is only partly true Determining what to measure is the first step, and tying these measures to outcomes is key Evaluate your KPIs on a regular schedule to ensure the Project Portfolio is on course Ask yourself (and your team) the question “what does success …
Important KPIs and Metrics for Project Portfolio Management (PPM) Read More »
Quick Take: The way you and your team approach decision-making can affect team cohesion as well as the quality of the decision Project Portfolio Management (PPM) software can provide the facts to support decision-making When making decisions with a team choose inquiring over advocating Follow a structured inquiry process rather than an advocacy process Vital …
Quick Take: Use this process for any kind of software: Ask yourself why to you need the software and make a list Create a list of features that will answer the “whys” Based on the feature list, research software providers Select your top five Do a side-by-side weighted comparison to rank providers Use a Criteria-Based …
How to Evaluate Software: Project Portfolio Management (PPM) Read More »
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: Cloud-based Project Portfolio Management (PPM) Dashboards, resource management, portfolio-level KPIs, and other tools to manage and track projects across your organization Identifies the right projects for approval, allocates and manages resources, and provides insight Forecasts the impact of your portfolio against strategic goals Real time Portfolio “Health Analysis” Who is Projectric and How …
What is Projectric Project Portfolio Management? Read More »
Who is Projectric and what are our key capabilities that will help you? Projectric is a cloud-based Project Portfolio Management (PPM) solution that provides a top-down view of your full portfolio of projects. With features such as real-time project management dashboards, resource management tools, easy-to-understand charts, and customizable scoring settings, Projectric enables you to quickly …
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 …
