by PMO Advisory | Jun 18, 2018 | Management, Portfolio Management
Patrick Tickle, Chief Product Officer at Planview, wrote an interesting article (Three Ways Manufacturers Can Accelerate Their Product Strategy.) that discusses product innovation and the role of project management saying, ““Organizations that are edging past their...
by PMO Advisory | Jun 9, 2018 | Communication, Leadership, Project Management
Have you ever thought about the true cost of ineffective communication? I am going to examine two recent studies and draw some vital observations. In the most recent Pulse of the Profession, PMI found $99 million for every $1 billion – or 9.9% invested in project is...
by PMO Advisory | May 25, 2018 | Management, Portfolio Management, Program Management, Project Management
What is the Difference Between Project, Program and Portfolio Management? I often get this question – what’s the difference between project, program, and portfolio – the triple P’s in PPP management. So here is the short answer. Portfolio management concentrates on...
by PMO Advisory | May 9, 2018 | Leadership, Project Management
Of all project manager skills, the ability to make important business decisions is perhaps the most valuable. However the professional life of a project manager can include significant periods of isolation wherein they are where the buck stops in decision making. As...
by PMO Advisory | May 7, 2018 | Career Development, Program Management
In 2018 the U.S. Department of Labor’s Bureau of Labor Statistics (BLS) announced it will recognize “Project Manager” as an occupational category for the first time. This announcement speaks to the important role project management plays across the...
by PMO Advisory | May 3, 2018 | Career Development, Leadership, Project Management
The role of a mentor is to encourage the personal and professional development of a mentee through the sharing of knowledge, expertise and experience. The challenge for the mentor is to nurture or blossom the qualities required to enable the mentee to succeed from...
by PMO Advisory | Apr 13, 2018 | Communication, Project Management
Project managers often have a touchy relationship with bad news – both as a recipient and as a disseminator of bad news. On the one hand, project managers inherently know that it is better to receive bad news early and hopefully, there’s time to think through and...
by PMO Advisory | Apr 9, 2018 | Management, PMO, Program Management
One of the most common problems in project management is how to avoid scope creep. Scope creep generally happens when new features or expansion of some kind is added to product designs or a project outcome that has already been approved, without providing equivalent...
by PMO Advisory | Mar 28, 2018 | Project Management, Uncategorized
David Baker in his recent article, “Defining roles and responsibilities in project management”, said, “Project management requires a structure and framework, but it also requires flexibility in order to adapt to any given environment and the unique challenges they...
by PMO Advisory | Mar 26, 2018 | Management, Project Management
In her article, ‘Adapt or Die’: latest challenge for project managers, Marilyn de Villiers writes on how the traditional role of the project manager was disappearing in many organizations and that “The key thing now is to have a bigger toolbox”. While...