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Organizational Project Management (OPM) Basics

ProjectManager.com

Project Management Project management is the process of planning, organizing and managing resources to deliver a project on time, within budget and meeting quality expectations. A business plan, budget and responsibilities by the leadership team define them. They help select projects and deal with budgets, risk and reporting.

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What Is a PMO Director? Role, Responsibilities & Salary

ProjectManager.com

PMO stands for project management office and it’s responsible for the project management standards in an organization. Either way, it’s run by a PMO director. There are different types of PMOs, all headed by a PMO director. What Is a PMO Director? The responsibilities of a PMO director are varied.

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Real-life tips for managing Red projects and getting back to Green

Rebel’s Guide to PM

Managing stakeholder expectations Stakeholders tend to not like Red projects as they bring a lot of attention from senior leaders and the PMO. If you’re running over budget, you need approval to increase your budget. Update your budget documentation, schedule and other project artifacts.

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PMO as a Service (PMaaS): Benefits, Disadvantages & Best Practices

ProjectManager.com

A project management office (PMO) as a service (PMOaaS) is a way for companies to execute their enterprise strategy. PMO as a service or project management as a service seeks to do many things from increasing project managers’ capacity to streamlining processes through automation. What Is PMO as a Service (PMOaaS)?

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What Is an IT Budget? IT Budgeting Basics (Template Included)

ProjectManager.com

Managing information costs and managing information security for those costs are part of making an IT budget. First, we need to understand what an IT budget is, how often they’re made and what is the best size for one. What Is an IT Budget? An IT budget consists of all the IT spending for an organization over one year.

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15 Free PMO Templates for Excel and Word

ProjectManager.com

A PMO, or project management office, can be an internal department or an external group or agency that defines and maintains the standards for a company’s project management. However, all three can use PMO templates to support project programs and portfolios. We’ve collected 15 free templates that are suitable for a PMO.

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Professional Services Industry Fundamentals

ProjectManager.com

While professional services encompass a variety of specialized fields and rely heavily on expertise and knowledge to deliver value to their clients, effective project management is crucial to ensure that projects are completed on time, within budget and meeting client expectations. Accurately forecasting these costs can be difficult.