Is your organization becoming complacent with spreadsheets and outdated project management tools? A PPM approach can help you realize the true potential of your projects, your teams and yourself, from ensuring alignment with the business and increasing accountability, to improving forecasting, reporting and collaboration.
The challenge of portfolio management is to quantify and report the value created by the operations, confirming that the portfolio is contributing to the accomplishment of organizational strategies. Implement the recommended steps to anchor organizational strategy through portfolio management.
The PMO concept has enjoyed something of a reemergence, demonstrating that given the right direction, sufficient support and a consistent communication of why it exists, it can deliver real value. However, that can only go so far, and in many organizations the PMO is now being seen as having peaked in a relatively tactical support role. Where should the PMO be headed in 2016 and beyond?
Organizations that want to innovate and stay ahead of the competition must balance discipline with agility, broaden the strategic role of project managers, and teach change management skills, according to a new report that identifies the key project management trends for 2016.
When organizations fail to achieve strategic goals, they often fail first to prioritize and align the necessary resources. In order to execute complex initiatives, leaders must continuously evaluate teams across a range of technical and relational skills, and then empower, support and invest in people who can get it done.
Successful resource management starts with instilling processes that balance workloads and match skillsets. It also requires the ability to adapt to shifting demands and priorities. And it’s all tied together by communication of real-time data. How well is your organization implementing these principles?
PMI's PMO Symposium and Thought Leadership Series provide valuable, timely and relevant information on prevailing trends directly impacting our profession and the portfolios we manage. This year’s research builds upon and advances the themes of past years and continues to confirm the value of PMOs and portfolio management in assuring business success. Here are one presenter's key takeaways from this year's show.
While one energy company pursues the traditional benchmarking sessions with companies within the industry it serves, it also looks to companies outside of the business to gain insight on different approaches to help it move forward. At PMI's PMO Symposium this year in Phoenix, one practitioner got to share their story--and hear how many other PMOs and portfolios have also found success in their environments.
As a core team member who helped develop the Portfolio Management Professional (PfMP)® certification, this writer was eager to see the certification blossom. What better way than to attend PMI's PMO Symposium and speak about the merits of the certification--and more importantly, portfolio management?