Showing 8 posts in: Portfolio Management

Apr 18, 2016

Risky Business: PMI Study Charts a Dip in Project Success Rates

Posted by Jeannette Cabanis-Brewin in Performance Measurement, Portfolio Management, Project Failure & Recovery, Project Management Events, Project Management Office (PMO), Project Management Research, Strategy Execution | 0 Comments

Last week, our CEO Kent Crawford presented a webinar on strategies to recover troubled or failing projects to a large audience. The questions they submitted for the Q&A displayed just how much worry and stress failing projects create for project managers. We will be interviewing Kent on this blog, answering many of the… Read More »

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Last week, our CEO Kent Crawford presented a webinar on strategies to recover troubled or failing projects to a large audience. The questions they submitted for the Q&A displayed just how much worry and stress failing projects create for project managers. We will be interviewing Kent on this blog, answering many of the… Read More »

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Dec 1, 2015

Embedding Project Portfolio Management in Your Organization

Posted by in Project & Program Management, Portfolio Management, Project Management Events | 1 Comment

Project portfolio management was the theme of this year’s PMO Symposium. We outlined some of the key lessons learned here and there. In this post, we will look at the first three stages of how project portfolio processes are put into practice: assessment, improvement, and reporting/analysis.Project Portfolio AssessmentJust like any… Read More »

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Project portfolio management was the theme of this year’s PMO Symposium. We outlined some of the key lessons learned here and there. In this post, we will look at the first three stages of how project portfolio processes are put into practice: assessment, improvement, and reporting/analysis.Project Portfolio AssessmentJust like any… Read More »

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Nov 20, 2014

High-Value, High-Visibility Projects Hearten this Utility’s Hometown Area

Posted by Jeannette Cabanis-Brewin in Project & Program Management, Portfolio Management, Project Failure & Recovery, Project Management Office (PMO) | 0 Comments

There’s a lot going on in Michigan these days, and DTE Energy plays a role in much of the positive progress the state is enjoying. From the revitalization of Detroit to a massive commitment to clean alternative energy, DTE has relied on its PMO, the Major Enterprise Projects organization, or MEP, to bring… Read More »

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There’s a lot going on in Michigan these days, and DTE Energy plays a role in much of the positive progress the state is enjoying. From the revitalization of Detroit to a massive commitment to clean alternative energy, DTE has relied on its PMO, the Major Enterprise Projects organization, or MEP, to bring… Read More »

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Nov 19, 2014

A World-Class Portfolio Management Office Brings Stability to An Island Nation’s Economy

Posted by Jeannette Cabanis-Brewin in Culture & Change Management, Project & Program Management, Governance, Portfolio Management, Project Management Office (PMO) | 0 Comments

This past Monday was an historic day for the small Caribbean nation of the Dominican Republic (DR); Luis Jose Bourget, director of The Central Bank’s Portfolio Management Office, traveled to Miami to accept accolades as a finalist in the PMO of the Year Award competition.As the first Latin American region finalist in… Read More »

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This past Monday was an historic day for the small Caribbean nation of the Dominican Republic (DR); Luis Jose Bourget, director of The Central Bank’s Portfolio Management Office, traveled to Miami to accept accolades as a finalist in the PMO of the Year Award competition.As the first Latin American region finalist in… Read More »

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Nov 17, 2014

Building the Process Foundation for EPPM Tools

Posted by Allen Young in Culture & Change Management, Project & Program Management, Portfolio Management | 0 Comments

Rarely do organizations have any of the second level processes in place unless they developed them to work with a prior vendor’s EPPM tool, and the company is simply dropping it in favor of another vendor’s product. That means in most cases that they have to be created as part of… Read More »

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Rarely do organizations have any of the second level processes in place unless they developed them to work with a prior vendor’s EPPM tool, and the company is simply dropping it in favor of another vendor’s product. That means in most cases that they have to be created as part of… Read More »

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Nov 14, 2014

The Process Side of EPPM Tool Implementations

Posted by Allen Young in Culture & Change Management, Project & Program Management, Portfolio Management | 0 Comments

While organizational change issues are, in my opinion, the most significant component of an EPPM tool implementation, the process issues are a close second. By process, I mean at two levels:First level processThe overall project and portfolio management discipline level, which the organization has adopted for itself. This includes:Project management methodology, which… Read More »

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While organizational change issues are, in my opinion, the most significant component of an EPPM tool implementation, the process issues are a close second. By process, I mean at two levels:First level processThe overall project and portfolio management discipline level, which the organization has adopted for itself. This includes:Project management methodology, which… Read More »

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Nov 12, 2014

Don't Forget to Manage the Organizational Change that EPPM Tools Create

Posted by Allen Young in Culture & Change Management, Portfolio Management, Project Management Training | 0 Comments

Not to sound like a broken record, let me just repeat (and repeat) that organizational change management (OCM) activities should be injected into every EPPM tool implementation. In parallel with the vendor selection process, conduct an organizational change readiness assessment. Areas to focus on include: Sponsorship: Having an authorizing sponsor at the appropriate level is… Read More »

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Not to sound like a broken record, let me just repeat (and repeat) that organizational change management (OCM) activities should be injected into every EPPM tool implementation. In parallel with the vendor selection process, conduct an organizational change readiness assessment. Areas to focus on include: Sponsorship: Having an authorizing sponsor at the appropriate level is… Read More »

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Oct 29, 2014

Don’t Be a “Fool with a Tool”: Lessons Learned from the EPPM Tool Trenches

Posted by Allen Young in Culture & Change Management, Demand Management, Portfolio Management, Project Failure & Recovery, Resource Optimization, Strategy Execution | 0 Comments

PC-based project management software tools arrived on the scene in the early to mid-1980s; the first ones had crude graphics and reporting that was limited by today’s standards. The real value-add was the relational database network used to track a project schedule. For the first time, project managers could create a series… Read More »

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PC-based project management software tools arrived on the scene in the early to mid-1980s; the first ones had crude graphics and reporting that was limited by today’s standards. The real value-add was the relational database network used to track a project schedule. For the first time, project managers could create a series… Read More »

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