by PMO Advisory | Sep 30, 2016 | Uncategorized
“Measuring the Value Return on investment serves as the typical metric that many leaders use to evaluate the need for project management. Leaders should consider if they are measuring the correct things. To evaluate the value of project management, ROI seems a...
by PMO Advisory | Sep 30, 2016 | Uncategorized
“A recent study by the Center for Business Practices found organizations that implemented project management were able to complete 50% more projects, improvement in budget performance of 30%, and even reported a 27% improvement on ROI. [Translate that into...
by PMO Advisory | Sep 29, 2016 | Uncategorized
We’ve recently come across ProofHub’s blog that describes itself as a “niche for tips & tricks, ideas, concepts, innovations and more from the world of project management”. On their Medium site they recently published, “11 twitter...
by PMO Advisory | Sep 29, 2016 | Uncategorized
“Once the Project Team identifies all of the possible risks that might jeopardize the success of the project, they must choose those which are the most likely to occur. They would base their judgment upon past experience regarding the likelihood of occurrence,...
by PMO Advisory | Sep 29, 2016 | Uncategorized
“Two popular methods of creating goals for a project are SMART and CLEAR. SMART stands for: Specific – Setting goals to cover who, what, where, when, which and why Measurable – Making sure that you know how to measure the progress to and success of a goal...
by PMO Advisory | Sep 29, 2016 | Uncategorized
PMO Advisory LLC, a leader in the fields of project, program and portfolio management, is launching a set of comprehensive courses in Project Management Office (PMO) to meet the compliance standards of the Program Management Improvement and Accountability Act (PMIAA)...
by PMO Advisory | Sep 28, 2016 | Uncategorized
“After years of developing software by (incorrectly) applying the Scrum methodology, I have come to this conclusion: Scrum is the new death march. Or rather, Scrum does more harm than good when it’s mindlessly requested by managers who are merely trying to...
by PMO Advisory | Sep 28, 2016 | Uncategorized
“A PMO should also follow a fixed standard which is used to apply for credit for work already performed by the team. The standards used in normal circumstances are as follows: SV (Schedule Variance) – If the value of SV is ZERO, the project is termed as ON...
by PMO Advisory | Sep 28, 2016 | Uncategorized
“Instead of a PMO focusing on accountability, a much better approach is to have the PMO take on the role of a coach and as a companion to the different component groups involved. This approach keeps the stakeholders involved and keeps them looking for ways to...
by PMO Advisory | Sep 27, 2016 | Uncategorized
“Project management and change management are related but distinct disciplines. Some of the primary differences include these: One focuses on the technical side of implementing change; the other focuses on the people side of implementing change; They have...