Remove Governance Remove Initiating Remove Technical Review
article thumbnail

Project Board in PRINCE2: Key Roles and Responsibilities

ProjectManager.com

The project board is a group of key stakeholders who provide overall direction and governance for the project in PRINCE2. In PRINCE2, the project board plays a critical role in overseeing the governance and direction of the project. Learn more Who Makes Up the Project Board? They are responsible for the following.

Prince2 355
article thumbnail

Organizational Project Management (OPM) Basics

ProjectManager.com

Program management is found in many industries, such as business, government and non-profit. It involves strategic planning, program governance, resource management, status reporting, direction setting and problem-solving. The goal is to improve organizational performance. A program manager oversees this process.

PMO 466
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Business Process Improvement: Steps & Methodologies

ProjectManager.com

Technology, labor, distribution and consumer demographics have all massively changed just in the last few years. Management: This includes such processes as corporate governance , budget and employee oversight. This focuses on aligning process enhancements with the company’s long-term strategic initiatives and goals.

Process 418
article thumbnail

6 Top Oracle PPM Software, Apps & Tools

ProjectManager.com

Then, we’ll review the top products Oracle offers to help manage a portfolio of projects. Project Management Offices: An internal or external project management office (PMO) sets standards, ensures project governance and supports project managers across the organization. What Is Oracle PPM Software?

article thumbnail

Project Risk Management: How-to guide (with tips)

Rebel’s Guide to PM

If there isn’t any governance around that then no one will ever know that there are shortcuts being taken. Clarify how risks are identified Another common problem is that risks aren’t identified as they emerge because the risk identification process stops at project initiation or (worse) just after the ink dries on the business case.

article thumbnail

Feasibility Report in Project Management (Example & Sample Included)

ProjectManager.com

It helps decision-makers determine whether the project is viable by assessing various factors such as technical feasibility, financial viability, operational capacity and market demand. Resource Requirements Details the human, material and technological resources needed to execute the project.

article thumbnail

5 Notorious Failed Projects & What We Can Learn from Them

ProjectManager.com

Developed by Sony, Betamax was introduced in the mid-1970s but was unable to get traction in the market, where JVC’s VHS technology was king. Long before it discontinued the technology, Betamax was already irrelevant. This was a creative project, which might not have met its paper objective, but created a slew of useful technologies.