We all know the importance of the initiation stage...right? So why do some companies utilize all of the project stages except initiation? Here, the author tackles some common misunderstandings.
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PMOs are becoming increasingly significant contributors to organizational value, but are they being perceived that way elsewhere in the organization?
An effective way of thinking was used by Henry Ford in 1913 to create the first assembly line to mass produce automobiles. The concept was quite straightforward and easy to understand. What can PMOs learn from this?
A project portfolio is a collection of components (sub-portfolios, programs, sub-programs, projects and operations) that meet or achieve one or many strategic objectives or initiatives. Here, the author shares seven key steps to design and implement a project portfolio in an organization.
Industry 4.0 is going to revolutionize companies, technologies, strategies and goods. Project managers will be the protagonists of this transformation. Are you prepared for the challenge?
Strategy is about making choices, continually defining better options, and evolving in response to shifting contexts. If algorithms create a set of rules that enable problems to be solved, then strategy is about building algorithms that help drive optimal outcomes in decisions.
Most organizations are focusing on ways to improve their ability to quickly respond and adapt to change. But there are times when it could be better to commit to a vision, product or service, and to not be constantly influenced by external factors.
2018 just might be the year your organization ventures into the cloud computing world. Whether you are considering a move to cloud computing or are firmly entrenched, it’s always wise to stay abreast of emerging trends—and there are a lot of them being predicted with the cloud for 2018.
Leveraging multiple emerging technologies in your strategy is becoming essential if organizations are to remain competitive in the coming period of global change. The use of technology to achieve and maintain a competitive advantage will increase as we move into the fourth industrial revolution.
How can you deliver and run a PMO in an organization with no internal project management skills? Learn how to integrate non-PM professionals into your PMO and build their capability to deliver successful projects.