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There are many ways to do this and one of which is lean portfolio management. Let’s first define lean portfolio management and then delve into how it works. We’ll also explain when to use lean portfolio management and how project management software can help you manage your portfolios better. What Is Lean Portfolio Management?
Unlock the strategies to overcome key PMO hurdles—mastering resource management, driving change, and streamlining processes—with expert insight from Athena Smith, Senior Director, Portfolio Management. PMO Strategies Does your PMO have a traditional project focus, a more product-oriented approach, or a blend?
Lindsay Scott is the director of Manchester, UK-based PMO Learning Limited which is dedicated to helping PMO professionals get the most out of their careers with training and organizational development opportunities. He writes consistently on his blog about software development and lean, Kanban and agile development principles.
Fresh from achieving great strides in digital transformation and other endeavors in record time over the past year, executives and boards of directors want to inject even more speed and agility into their organization’s DNA. Portfolio Management Offices are in a prime position to deliver this business agility – with the right PMO roadmap.
It’s a lot to read, so here are some spoilers drawn from common themes I heard time and time again in the interviews: Agile : if you don’t know enough about it, you need to start learning. It can serve as a baseline, but most project managers ought to layer some sort of agile certification on top of it. Find her on Twitter.
That’s obviously geared to certified professionals, but with potential topics ranging from agile, DevOps and hybrid approaches to new project management tools and solutions the conference should have something for everyone tasked with managing projects. Agile & Beyond. Agile is not new. Agile 2022. Future PMO.
An agile project management office might sound to some like an oxymoron, right? This might be a reasonable assertion as many PMOs were first formed to provide oversight over a portfolio of projects and enforcing standards sounds like the antithesis to agility. So what can a PMO do to actively support an agile transformation?
Agile A methodology for project and product management, typically used to deliver software projects in an iterative way with short bursts of work called “sprints” Though initially designed as a process for IT and engineering projects, it has since been successfully applied to other industries like marketing.
Agile , lean, predictive methods, iterative approaches – and the guidance from professional bodies like APM, PMI, and the Standard for Project Management now all includes content on values, and soft skills that underpin how we work. Agile projects? The Agile Manifesto is a kind of philosophy, and it’s inspiring to read.
Continuous Innovation: From Agile methodologies to change management, these influencers are at the forefront of evolving project delivery practices. Christina Sookram Christina Sookram brings more than 15 years of corporate experience as a project leader and subject matter expert in both waterfall and agile methodologies.
This blog is part of a series on Lean portfolio management. If you haven’t already, we recommend reading part one first, “ What is Lean Portfolio Management ,” which you can find here . In this post, we’ll discuss a fundamental component of Lean portfolio management: funding. This is where Lean budgeting comes in.
Here are the main project management certifications offered by the PMI: Project Management Professional (PMP): This certifies that you’re a capable project manager who is competent in waterfall and agile project management. PMP certificaction required; PMO experience preferred. Experience in Agile project management teams.
It’s a lot to read, so here are some spoilers drawn from common themes I heard time and time again in the interviews: Agile – if you don’t know enough about it, you need to start learning. In 2018, it might seem like we could let our increasingly agile, multi-disciplinary, and highly collaborative teams just get on with it.
In addition, there are project management-specific templates including: OKR Program management Goals and objectives Agile Change requests ‘PM Lite’ Portfolio management Project requests. Every aspect of what you need to run a PMO has already been thought-through and created for you. And lots of others. Or you could start from scratch.
It’s a lot to read, so here are some spoilers drawn from common themes I heard time and time again in the interviews: Agile – if you don’t know enough about it, you need to start learning. It might seem like we could let our increasingly agile, multi-disciplinary, and highly collaborative teams just get on with it. Find her on Twitter.
This year’s RICS project management conference has the theme ‘Remaining Lean and Agile in a Changing Work Environment’ I’m not sure if they are partnering with the APM as in previous years but the agenda is already up on the site and looks interesting. Agile and Beyond: Yspilanti, Michigan, USA, 17-18 May 2018.
This isn’t like make people aware of Agile and then they’ll just figure it out. And we get hung up often on the practices and everything around Agile. And what we’ve lost is what are the elements of the ecosystem that make Agile actually work. We have to be really, really clear. All self-organized, right?
This blog is part of a series on Lean portfolio management for the enterprise. If you haven’t already, we recommend reading: Part 1: What is Lean Portfolio Management? Part 2: Lean Portfolio Management: Lean Budgets and Investment Funding. Didn’t we just say that a centralized PMO undermined LPM?
When we think of an agile transformation, improving portfolio management might not be high on the organization’s list of priorities. Agile delivery is not a silver bullet. Tagged: agile project management , Project Portfolio Management , resource availability.
The role of the PMO is changing. We recently got an in-depth look into this new face of the PMO during our webinar – “What’s Ahead for the PMO?” She and I discussed the responsibilities, expanding skill sets, and strategic capabilities of the modern PMO – and how to advance in that direction. Types of Today’s PMOs.
Deshalb habe ich bereits 2017 eine erste Umfrage zum Net Promoter Score® des Scaled Agile Framework SAFe ® durchgeführt. Viereinhalb Jahre später habe ich diese Umfrage nun wiederholt: SAFe® hat zwischenzeitlich mehrere Iterationen durchlaufen und mehr agile Praktiker haben Erfahrungen mit diesem Framework gesammelt. Zwischen dem 13.
A healthcare PMO today must have a strong constitution. Not only are they faced with challenges unique to healthcare, PMOs are also going through the trends mentioned in our recent post, “ Conquer Your Business Transformation.” This is where the healthcare PMO comes in, but the group agreed that it’s presenting challenges.
As we finalize our six-part blog series on how to become agile, let’s take a look back at the previous five blogs and provide you with a brief summary of their key points. Part 1: Driving Agile at Scale: The AgilePMO. The path toward agility necessitates a thoughtful strategy and patience. This must change.
Many project managers utilize a Lean-Agile approach when there is high change or churn in project requirements, significant lack of clarity in scope, high complexity to their projects, and/or a larger number of risks associated with such. Two Lean-Agile Types. Iteration-based Lean-Agile. Flow-based.
The past four blogs in our series are based on the whitepaper, The AgilePMO: 5 Steps to Driving Agility at Scale and have centered around how the PMO can guide the enterprise towards greater agility. It requires that the PMO start embracing agile. It requires that the PMO start embracing agile.
Translating caring and creativity into action is not lost on the Hallmark PMO, who is responsible for maximizing the company’s investments while reducing its risk. Charged with finding a collaboration tool for project teams, the PMO hoped to make significant changes to how resources and projects were managed.
Breaking news update: as I previously reported in the blog, “ Symptoms of the Zombie PMO ,” zombification is still proliferating in businesses throughout the world. In this updated report, I will expound upon the cures discussed by experts in the on-demand webinar, “ Avoiding the Pitfalls of a Zombie PMO.”.
SAFe® has always been a controversial topic within the agile community. Therefore, back in 2017, I ran a first survey on the Net Promoter Score® of the Scaled Agile Framework SAFe®. You can sign up here for the ‘Food for Agile Thought’ newsletter and join 34,000-plus subscribers. ?? The result back then was -52. Survey Data.
What’s the top factor for future success according to nearly 4,000 project managers, PMOs, and executives? The answer may not surprise you: “Organizational agility.” Success requires becoming a more “Adaptive PMO,” evolving how you plan, govern, and empower delivery teams to do their best work.
We facilitated a roundtable discussion of our customers at the 2019 Planview Horizons Customer Conference where enterprise agility in financial services organizations was discussed. Challenges arise when senior leadership has yet to adopt an Agile mindset, even if their teams have. Agile teams are largely self-governing.
In my last blog, “ Agile Transformation: The PMO’s New Paradigm ” we covered the significance of embracing different types of work and the role that continuous planning plays in becoming an AgilePMO—but that’s only the beginning. Part 4: The Move to Product-Centric Portfolios. Redefine Success.
PMOs are in a state of transition: ever shifting to support different teams, ways of working, strategic objectives, transformation programs, priorities, and more. Managing this level of complexity and constant change requires a modern approach to PPM – one that positions the PMO to become a more strategic creator of business value. “
However, the traditional hierarchical management approach is evolving, giving rise to the concept of servant leadership within PMOs. Servant leadership is a leadership philosophy where the leader’s primary focus is on serving and empowering team members within the PMO. Tangible Benefits. Case Study. Servant Leadership and Technology.
It can be challenging to expand Agile practices beyond IT and development teams. Planview is committed to helping our customers with this transition and to that end, Chief Product Officer Patrick Tickle and I recently presented a webinar on “ Leading an Agile Transformation.”. First, why scale Agile in the first place?
April’s theme at ProjectManagement.com where I write a monthly column was “Consulting,” and in this article, I examine the world of Agile Consulting and coaching. Depending on where people are in their careers, their agile adoption and their corporate culture, some people want a consultant, others a coach and sometimes they want a blend.
The PMO Series (5): The PMO as the Driving Force of Agile Transformation. Process Optimization in Project Management (3): Lean Project Management. Digital Transformation Projects (3) - The Path to Digital Transformation. Process Optimization in Project Management (1): Steady Progress with Kaizen.
Santander UK, one of the world’s largest retail and commercial banks, has been on an Agile and digital transformation journey for some time. This included incorporating Agile processes and other work methodologies into its traditional project portfolio management (PPM) processes, to help speed delivery of new products and services.
As a global PMO team member for the world’s leading aviation trade organization, his work days are often extremely stressful. Having finally had enough of the spreadsheet chaos within his PMO and the larger organization, Giorgos decided to make a change. Working out of spreadsheets can make life stressful—unnecessarily so.
PMOs have a Rosetta Stone of sorts: Strategic roadmaps that help them continuously translate strategy to delivery on an organization-wide, cross-functional scale. As plans change the PMO determines how best to adjust or shift resources, budgets, and outcomes (products, technologies, services, etc.) to achieve the strategic objectives.
And we mustn’t forget that there are other widely used hashtags in the #PMOT community, like #Agile, #PMO, and #PMP. Enthusiastic PMO bod. PMO flashmobber: arraspeople.co.uk. We make Agile teams become amazing, check out our free online masterclass: agilesumo.com. PM Bloggers. Project Management People.
Agile A flexible and dynamic approach to project management that allows for iterative updates during defined time blocks, which allows for incremental value. Agile Manifesto The fundamental document that outlines the values and principles of Agile project management. Agile team A cross-functional group of individuals (e.g.,
The percentage of projects using agile or hybrid practices exceeds the number of traditional projects , according to the Project Management Institute. Agile is moving beyond technology and is now widely used in financial services, government, and professional services companies. Agile is a mindset and way of working.
Creating an Agile project management office from scratch and managing in such a way that it prospers in the organizational paradigm is a real challenge, especially in the current market where we see successful businesses failing due to poor management. 10 Ways to Prove The Similarities Between AgilePMOs and Hummingbirds.
So, it seems people are changing their minds about PMOs, and realizing that when they are done right, they increase project and company success. That being said, if you are part of a PMO, there are some things you want to avoid. Here is my list of things you shouldn’t say or do as a PMO manager or director. “Great idea!
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