project management – Page 8 – Thinking Portfolio – Salkunhallinnan pilvipalvelu

Six Ways to Re-engineer Your Project Management Office

The beginning of a project management office is driven by the desire to standardize as well as improve the success rate of IT projects and businesses, which continue to expand in size and complexity. Another project management office driver is the requirement to relieve the project managers of administrative duties that are associated with the successful management of projects. Functions of project office could either be staffed or virtual. A number of forward-thinking companies are ...

Thinking Portfolio2017-07-11T10:42:24+03:0030.7.2015|

What can Board of Directors benefit from Project Management Office (PMO)?

Project Management office is the workhorse that many IT firms are focusing on to cut costs, boost IT efficiency and ensure that projects are delivered on time and within a set budget. PMO trend has instilled a sense of discipline in the workings of the IT department. PMO provides the necessary structure to standardize project management policies and aid IT project management by determining work plans for processes that are repeated. Project expense has become ...

Thinking Portfolio2017-07-11T10:42:44+03:0030.7.2015|

How to Make an Ordinary Project Manager Great

Did you know that only two percent of project managers in any workforce are rated as excellent by both their co-workers and clients? It does not come as a surprise that project management requires much more than just managerial skills to give the desired results. So, what makes a project manager a great one? Here are some traits that ordinary project managers need to develop to become better at their job: An ordinary project manager ...

Thinking Portfolio2017-07-11T10:52:25+03:0015.7.2015|

How to be LEAN with Project Management Office

Lean management means elimination of waste or Muda in the production process. Naturally, only value adding steps are retained. A more modern definition of lean management is, 'LEAN it is a system for the organization and management of all parts of a business through the creation of principles, tools and practices for the development of goods and services that have a higher quality and lesser defects.' The basic principles of lean management were developed by ...

Thinking Portfolio2015-09-16T09:53:36+03:0014.7.2015|

How to Succeed in Internal Cross-Functional Development Projects

If your business is expanding, you may have to work on cross functioning development projects more often. In simple terms, a cross functional group can be defined as a team of professionals with different fields of expertise working together for a single goal. A cross functional group of professionals can include people from different departments including marketing, sales, finance, operations, human resources, or IT and can range from all employee levels within the organization. In ...

Thinking Portfolio2017-07-11T10:52:48+03:0012.7.2015|

How to Make an Ordinary Project Business Owner Great?

While some may think that factors like certifications in project management is crucial in a project PMO lead, in fact it is among the most underrated criteria while hiring one. What is seen as a far more important attribute is the individual's ability to understand the project. This allows the PMO to initiate, monitor and manage better, and see if it rings true with the company's core goals and objectives. Here is a look at ...

Thinking Portfolio2017-07-11T11:19:53+03:0017.6.2015|

How to Make an Ordinary PMO Great

There are certain traits that set certain project management offices apart from the rest, having them garner success stories with projects. Here are some of traits that make for a great PMO. Coherent project and organizational objectives While each project has its own set of benefits to an enterprise, a good PMO will ensure that the goals of the project and the enterprise are on the same page. As and when the corporate environment changes, ...

Thinking Portfolio2017-07-11T11:20:14+03:0016.6.2015|

How PMO Is Adding Value to a Project Manager

The Project Management Office is slowly making its way to mainstream project management. Although a number of companies are opening up their PMOs, not all have been able to truly reach their full potential. Companies that have actually benefited from project management offices are those which had the PMO and the project manager working in sync. PMOs can add significant value to the work that project managers do, but only when the processes are followed ...

Thinking Portfolio2017-07-11T11:17:59+03:0026.5.2015|

What Makes A Project Portfolio Difficult To Manage?

Project portfolio management is easier than it looks. Businesses often face a number of challenges when it comes to managing their project portfolio effectively. If you want to keep your project portfolio under control it is important that you identify the difficulties of challenges that you are facing with your project portfolio. Sometimes, there could be too many issues that project managers end up confused about what the real problem is. Here are a few ...

Esa Toivonen, Managing Partner, Senior Advisor, CGEIT, CISA, CRISC, LJK2017-07-11T11:11:22+03:0020.4.2015|

How to succeed in internal projects

A company has two basic kinds of project: external and internal. External projects have a paying customer; they make money, but internal projects waste it. At least that seems to be the sentiment in many firms. People think that internal projects are less valuable and less critical. The truth is that internal projects require the same level of attention and dedication as external projects. They use cash generated from customer projects to strive for business ...

Thinking Portfolio2017-07-11T11:13:46+03:0016.4.2015|

5 Questions Business Owner Should Ask About a Project Business Case

Project management is all about understanding what the client wants and delivering it as expected. To understand, a project business owner or manager must not hesitate to ask questions. Whether you are an IT business project management consultant or company catering to the needs to diverse clients from across industries, here are 5 questions that you must ask your client to achieve success. What does the business aim to achieve with the project? Before you ...

Esa Toivonen, Managing Partner, Senior Advisor, CGEIT, CISA, CRISC, LJK2017-07-11T11:15:03+03:0012.4.2015|

Six Lessons that Project Managers Could Learn from Elephants

Elephants are majestic creatures that have remained mysterious to humans though they have been domesticated thousands of years ago. Tales of their bravery and intelligence have been carried through generations which can teach us a few things about community life. Startups with brilliant plans and experienced project managers sometimes fail to implement their tasks or time or fail to recognize business opportunities and fall behind others. Here are a few lessons that project managers can ...

Esa Toivonen, Managing Partner, Senior Advisor, CGEIT, CISA, CRISC, LJK2017-07-11T11:16:11+03:006.4.2015|

How to Make an Ordinary Project Business Owner Great?

While some may think that factors like certifications in project management is crucial in a project PMO lead, in fact it is among the most underrated criteria while hiring one. What is seen as a far more important attribute is the individual's ability to understand the project. This allows the PMO to initiate, monitor and manage better, and see if it rings true with the company's core goals and objectives. Here is a look at ...

Esa Toivonen, Managing Partner, Senior Advisor, CGEIT, CISA, CRISC, LJK2017-07-11T11:16:48+03:0030.3.2015|

Top Mistakes in Project Portfolio Management

Project Portfolio Management is at the heart of the success of any organization. Any business that has its PPM in places and corresponding execution tasks to back it, has got the success recipe right for the most part. Then again, it isn't as easy as it sounds, as many businesses cant seem to quite master PPM. Here's a look at some PPM mistakes that businesses can avoid to get there. Emulating best PPM practices without ...

Esa Toivonen, Managing Partner, Senior Advisor, CGEIT, CISA, CRISC, LJK2017-07-11T11:17:14+03:0025.3.2015|

Top-6 Critical Security Issues for a PMO

The project management office staff faces security theft issues from the time a project is accepted till the time it is delivered and as it passes through various stages of development. Projects in every industry be it software, manufacturing, research and even construction can suffer if security breaches are recognized and information is stolen by rivals. Depending upon the criticality of project, the team members have to be careful about varied security issues ranging from ...

Esa Toivonen, Managing Partner, Senior Advisor, CGEIT, CISA, CRISC, LJK2017-07-11T11:22:55+03:006.3.2015|