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Revolutionizing Cost Management in High-Stakes Projects
Navigating the complexities of large-scale projects—such as mergers, acquisitions, or system overhauls—presents a unique set of challenges, particularly when managing project costs effectively. Many organizations find themselves in a tightrope walk, balancing project scopes with budget constraints. Projects larger in size and complexity especially put you to the test, revealing...
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Innovation Is An Open-Ended Program
And now for something a little different ...Often, in the world of project and program management, we are engaged in trying to nail down specifics: cost, schedule, requirements. And of course, when we know exactly what we are trying to acheive, doing this improves our chances of pulling it off in time, on budget, and...
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2017: Is That Risk or Uncertainty on the Horizon?
Getting ready to send out our Q1 newsletter, we have all been looking at trends in the marketplace for this year. In a study cited by Debbie Crawford in her recent blog, the strategic role of project management is predicted to be heightened by the participation of portfolio managers in the strategy formulation and management...
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Talkin’ ‘Bout My Generation … and Yours
A younger colleague pointed out to me that recently, there have been a spate of stories online about the millennial project manager … ranging from how to motivate millennials on the project team to the natural fit between the millennial mind and agile processes.As the parent of millennials, I don’t exactly buy...
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With the Passage of the PMIAA, Project Management Says, Hello Tomorrow
A month ago today, President Obama signed the Program Management Improvement and Accountability Act (PMIAA) into law after it completed a long slog through Congress. The profession could not have received a more timely holiday gift. On the Project Management Institute website, CEO Mark Langley cited PMI’s 2015 Pulse of the Profession report findings...
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Making the Leap from Tactical to Strategic: Some Advice for PMOs
Although is is not a major theme in our biennial research study, The State of the PMO, there's one data point that I always keep a close eye on, and that is the use of outside contractors to manage the PMO or to manage specific projects and programs for the PMO. Over the years...
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