Remove Governance Remove PMI Remove Process
article thumbnail

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 program manager oversees this process. Program management is found in many industries, such as business, government and non-profit.

PMO 466
article thumbnail

What Does Project Governance Really Mean?

ProjectManager.com

Projects like anything that involves a lot of people working together need governance. The government runs a nation and project governance in the same fashion runs the project. What Is Project Governance? You can look at project governance as a framework to help oversee the right course for the project. Structure.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Organizational Process Assets: What does that even mean?

Rebel’s Guide to PM

One key tool to success is understanding how to use organizational process assets effectively. But what is an organizational process asset (OPA)? Outside of the world of PMI, I’m not sure that the term is widely used at all, but let’s put that aside for a moment and consider what they are and how to use them. What is not an OPA?

Process 459
article thumbnail

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

Rebel’s Guide to PM

Optimizing risk responses is one of the 12 Project Management Principles in the PMI/ANSI Standard for Project Management which is now bundled with the PMBOK® Guide. At its simplest level, project risk management is a straightforward process. Talk to them about the process for doing that. No, not that I am aware of.

article thumbnail

Managing Multiple Projects: Statistics

Rebel’s Guide to PM

(Respondents could select several) Communication was closely followed by: Planning/scheduling (84%) Stakeholder engagement (62%) Team management (53%) Resource management (50%) and more on that below Leadership (49%) Risk management (39%) Governance came in last at only 31%. A project manager says. Having a dedicated, full-time team is rare.

2024 318
article thumbnail

The 5 Phases of the Construction Process (Templates Included)

ProjectManager.com

Initiation Phase The initiation phase might be the most important of all five phases as it maps out the approval process for the project and sets everything in place to build. The construction bidding process will also begin at this point. When the site is complete, the plans and findings are reviewed by local government officials.

article thumbnail

How to Implement Effective Project Portfolio Governance

WorkOtter

Implementing a strong governance framework involves setting up clear processes for project approval, oversight, and review. Governance should be designed to ensure that all projects align with strategic goals and that they are executed according to standardized best practices. What is Portfolio Governance?