How to Build ‘What-If’ Scenario Models
I talk to clients and prospects on a weekly basis about “What-If” analysis; most of the time the conversation revolves around capacity, specifically having enough resources to execute work. Too often...
View ArticleWhat Sponsorship Really Means
For a long time we’ve recognized that strong executive support is a key success factor for any project. The project sponsor role was identified to address that need and now project managers make sure...
View ArticlePPM and Agile Mythbusting Part 3: Debunking Common Fallacies About Agile...
Many project portfolios now includes a mix of project types and methodologies, such as traditional waterfall projects, agile-based projects, six-sigma projects and ‘stage-gate’ projects for new product...
View ArticlePMOs Must Evolve to be Relevant
Recently, the Harvard Business Review conducted a surveyof nearly 1,500 IT projects, inspecting the preliminary budgets, actual costs, and the final results of each initiative. After reviewing these...
View ArticleWhere’s the Value in Earned Value?
Here’s my thoughts on Earned Value, and although it has some issues, you’ll see that I actually think it’s a very valuable tool. I’m an old-time project manager that actually remembers when Earned...
View ArticlePortfolio Management: Why Theory is Rarely Put Into Practice
Back in November, I gave a presentation to an audience of PMO practitioners at PMO Symposium on the reality of putting theory into practice—the feedback was fascinating. While I knew how rare full...
View ArticleHas PMO become a bad acronym?
What’s in a name? As far as PMOs are concerned, it matters quite a bit. Standard parlance maintains that PMO stands for Project Management Office. Back in the days when the PMO literally ran a single...
View ArticlePrinciples of Scoring Models
When I was running the IT-PMO at PeopleSoft we faced an interesting dilemma. As we finished work on the integration of JD Edwards there was a ton of unmet demand for IT work from all corners of the...
View ArticlePrograms and Portfolios – Striking Strategic Balance
A kid squeezes a couple lemons, mixes it with some sugar and water and sets up a table on their front step. After a few hours of minding the lemonade stand they have a fistful of quarters and dollars...
View ArticleEvaluating Organizational Readiness for a PMO
According to industry experts, a majority of efforts to establish a Project Management Office fail because leaders do not sufficiently assess organizational readiness for change. How do you know if...
View ArticleThe Future of Project Portfolio Management – Perspectives from the Gartner...
Gartner gave us an interesting look into the future of PPM this week, and projects as we know them may be left behind. I’ve been wondering about this for some time, as the pace of business continues to...
View ArticleIntroducing and Setting Up a Project Management Office
In my last article we delved into organizational maturity for setting up a PMO; this article will deep dive into how to introduce a PMO without disrupting the established system. The first step is good...
View ArticleLife after project completion: Is a project complete without benefits...
In our day-to-day project management and PMO activities, the easiest and the most important thing missed is planning ahead for what happens AFTER we cross the finish line. So technically speaking, once...
View ArticleInsights and Trends: Current Project Portfolio Management Adoption Practices
In order to stay competitive, today’s top management is confronted with the critical task of analyzing and improving the ability of an organization to change, survive, and grow in this complex and...
View ArticleTop Five PPM Trends to Watch Out For in 2014
The business world is forever changing and for organizations to thrive they must be able to adopt or, even better, be an early adopter of the noted trends and predictions. All neatly wrapped up as the...
View ArticleMultiple project management methods – but which one fits my group?
What’s the best way to manage project execution today? There’s a ton of methods to choose from – Waterfall, Agile Scrum, Kanban, RUP, Agilefall, BPU. You name it, there’s a method out there. And that’s...
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