Project Risk Coach

NOVEMBER 14, 2022

This article will provide clear guidance on how to define and assign risk management roles and responsibilities for projects and programs. Ensuring that all of the risks are addressed can be a daunting task, particularly for larger, complex projects. Information Technology) or in a Project Management Office (PMO).

Risk Management 396

Risk Management Risk Underperforming Technical Team PMO 396

Rebel’s Guide to PM

JANUARY 23, 2023

Are you looking for a way to better manage the risks associated with your projects? Risk audits are an effective tool that can help project managers and program managers identify potential issues before they become problems. Frequent use of risk management best practice is one of the top drivers of project success , according to PMI.

Risk 417

Risk PMO Risk Management Governance 417

ProjectManager.com

OCTOBER 30, 2024

PMO Professional Services: A project management office (PMO) can be embedded or independent, such as a PMO as a service (PMOaaS). Then there’s the risk that clients and stakeholders will alter their expectations mid-project due to new information, market changes or internal dynamics.

Software Review 391

Software Review Underperforming Technical Team Consulting PMO 391

Project Risk Coach

AUGUST 24, 2020

Mike was a functional project manager in an organization where I managed a PMO. In a one-on-one meeting, I asked Mike how he was identifying, analyzing, and managing his risks. His response revealed his belief in risk management but a lack of actual application with his teams. Failure to focus on the risks that matter.

Risk Management 459

Risk Management Risk Underperforming Technical Team PMI 459

Rebel’s Guide to PM

SEPTEMBER 26, 2022

Mike Clayton defines risk as “uncertain events that can affect outcomes,” in his book, Risk Happens!: Managing Risk and Avoiding Failure in Business Projects. Risk management is the most important of your project controls. So what exactly is project risk management? Risk breakdown structures.

Risk 392

Risk Prince2 Risk Management PMO 392

Rebel’s Guide to PM

DECEMBER 16, 2022

There’s a lot riding on getting your PMO mission statement right. After all, the mission statement is what will guide the PMO as it strives to achieve its goals and objectives. Creating a powerful PMO mission statement doesn’t have to be difficult – but it does require some thought and careful planning.

PMO 374

PMO Technical Review Information Technology Governance 374

Rebel’s Guide to PM

SEPTEMBER 1, 2024

Managing stakeholder expectations Stakeholders tend to not like Red projects as they bring a lot of attention from senior leaders and the PMO. Assess the level of risk. Red means ‘management attention required’ and that’s what you’ve probably got now. However, I’ve always thought of Red as a good thing.

Underperforming Technical Team 337

Underperforming Technical Team PMO Governance Government 337

ProjectManager.com

DECEMBER 5, 2024

The main objective of PPM is to optimize the selection, prioritization, and execution of projects to maximize organizational benefits, minimize risk and improve resource utilization. This reduces the risk of inefficiencies or wasted resources. There’s a timeline, a cost-benefit analysis and a risk management overview.

Software Review 369

Software Review Risk Management Estimate Executing 369

Project Risk Coach

NOVEMBER 1, 2021

In this article, let’s see how the PMBOK® Guide, Seventh and Sixth Editions differ, explore the Risk Principle in the Seventh Edition, and look at how risk management methods relate to principles. 3 The Risk Management Principle 4 What is a Method? Here are some takeaways from this risk management principle.

Risk Management 394

Risk Management Risk PMI PMO 394

Rebel’s Guide to PM

NOVEMBER 26, 2024

This wasn’t a survey about project portfolio management at the PMO level. 16% have workloads prioritized by the PMO 17% have workloads prioritized by their manager And if you don’t have those in place, or another way, then the only option is to try to work out what is the most important work yourself. A project manager says.

2024 296

2024 PMO Governance Government 296

ProjectManager.com

DECEMBER 18, 2024

It provides a comprehensive set of capabilities for project, portfolio, resources, financial, and risk management. Project Management Offices: An internal or external project management office (PMO) sets standards, ensures project governance and supports project managers across the organization.

Software Review 368

Software Review Software Technical Review Risk Management 368

ProjectManager.com

JANUARY 14, 2025

The goal is to help decision-makers prioritize projects that will bring the most value to the organization, considering resources, time, risks and other factors. A scoring model in project management is a structured method organizations use to evaluate and rank potential projects based on criteria. Examples of criteria are as follows.

Development Team Review 370

Development Team Review Technical Review Software Review Risk Management 370

ProjectManager.com

DECEMBER 12, 2024

The earlier problems are spotted, the easier it is to implement corrective measures and reduce risk. Project Management Office (PMO): If theres a PMO , they prioritize things like strategic alignment, portfolio management and process improvement, so they will want to be involved in tracking project progress.

PMO 370

PMO Monitoring Software Review Budget 370

Project Risk Coach

FEBRUARY 7, 2022

First, organizations implement PMOs with a lack of clarity. Why does the organization need the PMO? What is the role of the PMO? How will the PMO engage with the senior leaders? Second, the PMO fails to ask for feedback and incrementally evolve. How PMOs Can Become Strategic Enablers 1.

PMO 457

PMO Underperforming Technical Team Risk Management Energy 457

Planview

AUGUST 22, 2024

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?

PMO 103

PMO Technical Review Lean PMI 103

Project Risk Coach

JANUARY 18, 2021

I highlight 10 of the 40 PMO problems and provide ways to manage them. 10 PMO Problems and Solutions 1. No project sponsor or project charter for the implementation of the PMO. How to manage: Typically, a senior leader in your organization must make the decision to implement a PMO. In this article, we go a step further.

PMO 243

PMO Technical Review Risk Management Certification 243

The Lazy Project Manager

APRIL 6, 2021

Project resource management by PMO has changed significantly in the last 20 years. This article would help you understand how a value-driven resource management can become a major game-changer for the PMO and become a profit centre for the business. How Value-Driven Resource Management can be a Game Changer for the PMO?

PMO 303

PMO Software Review Project Life Cycle Sustainability 303

Rebel’s Guide to PM

FEBRUARY 17, 2025

You could be the project sponsor for significant high-profile projects with far-reaching impact, political sensitivities or business criticality, and high-risk dependencies across the business. Ensuring that all project management best practices are followed including effective change control and risk management.

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Certification PMO Prince2 Leadership 246

Project Risk Coach

NOVEMBER 28, 2017

He thinks his project managers have identified most of their risks, but he’s not sure where to focus his attention. What areas have the highest risk exposure? Let’s look at how to actually define risk categories and how they can help Tom (and you). What are Risk Categories? Why Use Risk Categories?

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Defining Risk Risk Management PMO 292

Rebel’s Guide to PM

MARCH 10, 2025

This works because we use RAG scoring mechanisms on other areas of the project (such as the risk log) so everyone understands it. Using scorecards for the PMO While project scorecards are great tools for project managers, you can also use them at the Project Management Office level to monitor the health of your project portfolio overall.

PMO 196

PMO Monitoring Budget Defining 196

Project Risk Coach

OCTOBER 22, 2018

So, how can you build a PMO you can be proud of, one that thrives? Why Are There So Many Troubled PMOs? No one intends to build an impotent PMO, but it happens. The PMO lacks power and effectiveness. Therefore, people see the PMO as a hindrance, not an enabler. Click here to discover 40 reasons PMOs fail.

PMO 277

PMO Technical Review Controlling Executing 277

Rebel’s Guide to PM

AUGUST 5, 2024

Identify and manage risks Do your stakeholders disagree on something? The exercise of completing the register will lead you to have a number of interesting conversations and you might find risks drop out of those. Have you spotted any conflicting requirements or deliverable requests for things you won’t actually be delivering?

Prince2 301

Prince2 Influencer Energy Consulting 301

WorkOtter

JULY 11, 2024

Creating a strategic PMO doesn’t require rebellion, here are some steps to take to bridge the gap between project management tactics and company goals. Project managers (PMs) and the leaders in the Project Management Office (PMO) are crucial resources in any efficient business. Step 1: Get outside the silo.

PMO 78

PMO Healthcare Retail Leadership 78

Project Risk Coach

JANUARY 31, 2022

Some Project Management Offices (PMOs) never get off the ground. So, how can you build a PMO, one that thrives? Why Are There So Many Troubled PMOs? Many PMOs fail to realize their potential. People have ways of undermining the PMO's effectiveness. Let's look at eight tips for implementing a PMO.

PMO 195

PMO Underperforming Technical Team Technical Review Controlling 195

ProjectManager.com

DECEMBER 10, 2024

Project Management Offices Also called a project portfolio management office, a project management office (PMO) is a department or team within or external to an organization that standardizes and oversees project management processes and methodologies across the organization. It’s a tool that provides reporting and analysis.

Software Review 369

Software Review Software Technical Review Project Life Cycle 369

ProjectManager.com

JANUARY 10, 2024

Project managers are constantly making requests to the project management office (PMO). A PMO is setting the tone for how projects are managed and should structure its activities as they demand projects. But there are only so many resources in which to do this and, therefore, the PMO must prioritize projects. That’s normal.

Process 468

Process PMO Software Review Estimate 468

Musings on Project Management

OCTOBER 21, 2020

And within the business there may be transactional relationships among business units and the PMO. In project situations, there are usually many counter-party transactional arrangements, such as contractors and suppliers with transactional relationships.

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Risk PMO Defining Risk Management 321

ProjectManager.com

DECEMBER 6, 2023

Usually, companies have a project management office (PMO) that will oversee the portfolio or program to ensure it meets strategic goals. These are high-level positions for people who already are tasked with managing projects, programs and portfolios as well as the aforementioned PMO. Let’s take a moment to define these positions.

Planning 482

Planning PMO Manufacturing Logistics 482

Project Risk Coach

NOVEMBER 20, 2017

Most of your project problems can be avoided or greatly reduced through risk management. The simple act of identifying and discussing risks goes a long way towards reducing problems in your project. Let’s look at how to start the risk management process. How will you identify risks? Who will own the project risks.

Risk Management 199

Risk Management Risk Planning Monitoring 199

Rebel’s Guide to PM

MARCH 12, 2022

Risk management. Project risk can be re-evaluated, and that can provide useful information for the program or portfolio team. Obviously there are regular project boards and other governance checks, but the practical implication is that we have freedom of action for low value initiatives that are low risk and things we’ve done before.

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Prince2 Governance Government PMO 415

Rebel’s Guide to PM

MARCH 18, 2021

Assumption log Risk register Backlog (see, agile project artifacts are relevant too) Stakeholder register. Work breakdown structure Product breakdown structure Organizational breakdown structure Risk breakdown structure. Your PMO may define mandatory artifacts: a list of project documents that you must create for each project.

Logistics 511

Logistics Artificial Inteligence PMI Performance Measurement 511

Rebel’s Guide to PM

MARCH 14, 2024

Project Quality Manager Project Scheduler (often found in the construction industry or engineering) Project Risk Manager If you love agile project management, then look for a Scrum Master role — even though this is not the same as project management it might be a good fit for you. These are not delivery roles.

PMO 405

PMO Construction Engineering Logistics 405

Rebel’s Guide to PM

JANUARY 24, 2022

It’s a way of automating repetitive tasks and it’s having a bit of an impact on the PMO community. AI can accurately identify potential risks in a project and augment a project leader’s decision-making ability by analyzing data from multiple projects at the same time.”. Think about how your PMO teams are rewarded.

2022 493

2022 PMO Risk Management Artificial Inteligence 493

LiquidPlanner

SEPTEMBER 29, 2021

Does your organization invest in a Project Management Office (PMO)? If you are reading this then you must be considering setting up a PMO or have concluded your approach to project management is not working and you are in the process of analyzing, dismantling and preparing to rebuild it. Hire the right people. What do you need?

PMO 183

PMO Underperforming Technical Team Infrastructure Leadership 183

Rebel’s Guide to PM

JUNE 19, 2024

You’ll make sure that project management processes are being followed, with the support of the PMO. Program board The program manager and program board control the program i.e. by deciding on risk management measures, holding projects accountable and tracking progress. They hold you accountable for the program outcomes.

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2024 PMO Governance Government 329

The IIL Blog

JULY 24, 2024

In addition, decisions in strategic projects entail a higher degree of business risk than with the traditional projects. The enterprise environmental factors in a project can have a serious impact on VUCA analysis and subsequent risk management. VUCA activities add significant risks to all of these relationships.

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Sustainability Innovation Governance Government 158

Epicflow Blog

JANUARY 30, 2025

An effective Project Management Office (PMO) in an organization is a must nowadays. Therefore, weve compiled a list of 15 best PMO software tools. What is a PMO? A PMO has the following functions: Project governance includes establishing frameworks, methodologies, and policies to guide project execution.

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PMO 2025 Software Review Technical Review 52