Nations are targeting better and more sustainable economic growth that requires high infrastructure investment. Public Private Partnership (PPP) helps bridge the budgetary gap, as well as being a method for cost-effective and quality service delivery.
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If you perform business analysis, your work is vital to project and program success. To most effectively support your organization and advance in your career, you need to know how to apply BA to any situation and delivery method. The new PMI Guide to Business Analysis will help you achieve this! Get an exclusive preview, with in-depth insights, at the PMI Business Analysis Virtual Conference 2017.
Risk, cybersecurity, artificial intelligence, the Internet of Things—as technology transforms project management, PM professionals are either ahead of the game, or falling behind. Stay current and competitive with the 2017 PMI Information Systems & Technology Symposium. Exclusive to PMI members, this free, virtual event delivers a full day of intelligence on innovation and its impact on your PM career. • Gain insight into the tech-driven trends disrupting our industry, without leaving your desk • Network with the PMI global community while developing the skills organizations are looking for today—and tomorrow • Earn 6 PDUs • Get actionable intelligence you will not find anywhere else, tailored specifically for project and program managers Register today— Here are more details on sessions and speakers.
Overwhelmed by how technology is transforming project management? Looking to increase your productivity and learn new tech tools but don't know where to begin? No matter what your focus—medical, manufacturing, product design or otherwise—this virtual day of learning will deliver years of enduring value, with exclusive insights on how project managers are using new technologies.
December 2017 Book Club Q and A Closing Webinar – The Business of Portfolio Management – Boosting Organizational Value
Closing Q and A webinar for December 2017 Book Club on The Business of Portfolio Management – Boosting Organizational Value by Iain Fraser
Control Freaks, Queen Bees and Workplace Saboteurs: Preventing, Managing and Eliminating your Project Nightmare
Research shows that more than 70% of workers have been impacted by disrespectful workplace behavior. Disrespect comes in many forms: rudeness, sabotage, gossip, bullying, harassment, ignoring, demeaning, controlling and the list goes on. Regardless of the type, bad behavior poisons the work environment. Its impact is enormous: disengagement; loss of creativity and productivity; and sick leave, benefit and turnover costs. It not only creates dysfunctional workplaces, it can impact your project, clients, reputation and bottom line. Fortunately, there are many proactive, preventative measures that you can take to manage disrespect. With many tools and an action plan, everyone in your workplace can create an effective strategy to prevent, manage and eliminate your workplace nightmare.
Our ability to cross this divide will define how successful the project will be. Will we deliver solutions as specified by users or will we solve business problems as expressed by stakeholders?
Save Time With Tools Templates
While numerous key performance indicators (KPIs) typically influence IT projects generally, the benefit of tracking all of them may be outweighed by the cost to do so. Therefore, each project must carefully select and manage those KPIs most relevant to its specific situation. This sample template can be used to define KPIs; also included is a table with examples of possible KPIs for each of the previously defined project-critical success factors (PCSFs) and a metric (measure and dimension) for each KPI. Use in conjunction with the article Determining IT Project Health.
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Aligning business and IT strategy at the top level is helpful, but only as far as it is put in to practice at the lower levels of an organization.
With 2017 almost in the rear-view mirror, it’s time to turn our gaze on achieving CIO success in 2018. Let's reflect on the plusses and minuses of 2017 performances in terms of what added to our success—and what led us away from it.
Commitment to quality and implementation of programs aimed at process improvement are becoming focal points to increase overall performance. The incorporation of total quality management (TQM), a leading management philosophy, with strategic planning is natural and inevitable.
Whether or not you acknowledge it, the more importance you give to strategy, the less financial value you are able to extract from your portfolio; the converse is also true. What algorithm can we apply to portfolio selection in order to get the best out of strategy and the best out of economics?
Given the growing impact of emerging technologies, the merger of IT strategy and business strategy is inevitable as keeping up with advancing technologies is a strategic business imperative. Many are questioning the role IT plays—and are positioning the business side as being responsible for the technology strategy.
While portfolio tools may be nice and shiny and promise great things, you should not be taken in by their enticing appearance. Instead, look at the root levels of what they can do. Can it help with existing or undeveloped functions? Do you really need one at all?
Portfolio management in today’s world has little to do with project management and everything to do with business management. Is that how your organization operates?
If the primary reasons for portfolio management start with resource constraints, you’re probably wondering how we got to strategic alignment. And that, dear reader, would be an excellent question...
Defining what PPM means in the context of an organization isn't easy. One thing is for sure: Portfolio management is a complex management undertaking that continuously challenges even the most seasoned professionals. So the question that often arises is: What makes this so complex?
By one measure, portfolio management is a specialized discipline best suited for organizations with high project management maturity. How do you know when it makes sense to add a portfolio management function or office to your organization?
One of the fundamental tenets of portfolio management is the concept of a portfolio lifecycle, from planning through delivery and benefit attainment. The problem? That’s completely wrong.
Organizations know they must evolve their strategic planning and delivery to reflect the ever-changing demands of today's marketplace, but fewer have recognized the disruption under way in the workforce. Modern ways of working require a modern approach to strategy.
With all that is happening in the world, who has the time to pour through all the IT-related studies and surveys that have been conducted over the past 12 months? This survey roundup will focus on CIOs, IT salaries, IT spending and IT security.
Shorter planning windows, driven by shifting market and customer demands, are changing the role of portfolio management. But it creates new challenges and risks that must be addressed. Here’s a real-world example.
A project initiated with a clear goal in mind turns into a series of tasks to be completed. The focus shifts from the client’s needs and their purpose to getting the work done. The problem? The project purpose and client’s needs should be what is driving each task throughout the project, which often isn't the case.
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