Project selection is a widespread challenge that requires a single point of accountability — ideally, a strategic project management office — that can provide the infrastructure and information support necessary to execute a ‘whole portfolio’ approach that is flexible and adaptable to ever-changing needs.
You already know there is no 'one type fits all' when it comes to a project management office. But does your PMO have a type at all? Does it attempt to do too little or too much? Or is it hemmed in by your organization’s oversight or lack of project portfolio management maturity?
Technical competency is not enough in a complex, competitive global marketplace. Project and program managers need leadership and business intelligence skills that support the strategic objectives of their organizations, says Nicholas Errico, author of a field guide that presents a fresh perspective to delivering value.
Project success rates have climbed and waste has fallen significantly as more organizations develop technical and leadership skills, establish project management offices to align vision with execution, and adopt agile approaches, according to Project Management Institute's latest Pulse of the Profession report.
An organization’s ability to achieve its goals is dependent on many things, but nothing is more critical than selecting the right projects to deliver those goals, and that means you need the best candidates. How do you maximize the chances of that happening? Start with the ideas.
A project management office can be a crucial advocate for agile transformation, but many PMOs act more like roadblocks. Here are some ideas for building alignment between your PMO and agile initiatives, particularly in the areas of governance, planning, scheduling and change control.
In the ongoing effort to link strategy with project execution, one entity can have a huge impact on an organization’s ability to achieve its goals and objectives — the strategic PMO. Here is an overview of an “up and out” approach that integrates groups and functions, dealing in the "currency" of relationships.
The 2016 PMO Symposium® focused on benefits realization, coinciding with PMI's annual update to its Thought Leadership Series on the same topic. In this article, a speaker shares his thoughts from the successful event.
Each year, the PMO Symposium® presents a great opportunity to meet and network with other portfolio managers and PMO directors from around the world. Here a presenter shares her rewarding experiences.
Integrated roadmaps help organizations document, visualize and manage their long-term new product development strategies. The benefits include high-level alignment between portfolios and strategy, to daily support for project management efforts. Here are guidelines for building and implementing integrated roadmaps.