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Businesses can benefit significantly by setting a project management office within their organization. While it has been proven again and again that a PMO can add value to the project manager as well as the overall productivity of the organization, a lot of businesses are yet to set up a PMO. The year 2015 will see more and more PMOs being set up by organizations. If you have decided to set up a PMO for [...]
At its best, portfolio management is committed to achieving the strategic goals of the organization, analyzing future events and coordinating proper timing for developing the right programs and projects. As said before, nothing can save a project if the goals and timing are wrong considering the full picture of the situation. If the timing is wrong or the goals are unrealistic, no one is able to save a project, not even the best project manager [...]
Strategiatoimistot käsitetasolla yleistyvät yrityksissä jotka uskovat yrityksen menestyksen takana olevan organisaation strateginen suunnittelu ja strategian toimeenpano. Strategiatyö on organisaation tavoitteista, toimialasta ja johtamiskulttuurista riippuen kovin erilaista. Strategiaa tulkitaan monin tavoin ja strategian merkitys organisaatio sidosryhmille löytyy eri tulokulmista. Keskeistä on oikeiden asioiden tekeminen juuri oikealla ajoituksella. Se kuinka päätöksenteossa onnistutaan ja kuinka henkilöstö saadaan matkaan mukaan - on asia johon etsitään aina vastuksia. Strategiatoimiston on näköalapaikka Keskeistä strategiatyössä on se kuinka liiketoimintaympäristö otetaan strategiassa huomioon. [...]
Management of projects and portfolios is something that happens in every organization. Whether or not you take additional measures, new initiatives will continue to roll out and new software will be built. However, you should also know that more than 50 percent of all projects fail to a certain degree. This happens mainly because companies do not pay attention to tools, processes, policies and structures applied on the portfolio. It has been found that organizations [...]
Project portfolio management or PPM can be a tricky proposition for beginners. While there are several set methods to go about setting it up, you should follow a few tips and tricks that can bring you better results. The following six tips can help you make the best of your company’s PPM and provide quick, profitable and tangible results. 1 Methodologies in project portfolio management can easily get outdated as they are static in nature. Instead [...]
Effective portfolio management is an important element in the success and growth of business across all industries. In fact, the 2012 Pulse of the Profession study conducted by the Project Management Institute proves just that. The report showed that out of all the projects undertaken by organizations considering themselves as highly effective in managing portfolios, 62% met or exceeded the expected return on investment (ROI). Whether it's for increased customer satisfaction, effective cost reduction, or [...]