Showing 30 posts tagged with: "measuring and tracking benefits"
Oct 17, 2022
Will A.I. Kill the PMO? Part 3 in Our A.I. in PM Series
If you’ve followed this series so far (See Part 1 and Part 2 on the PM College blog), you’ll know that we’re looking at both sides of the Artificial Intelligence in project management debate. I’m not ready to sign on as an enthusiast, but there are some powerful arguments… Read More »
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Jun 8, 2022
PMOs: New Research Shows Benefits Outweigh Cost
A quarter-century of working at the interface between publishing and project management has shown me that, in at least one way, project management is a lot like editing: When it is done well, it's invisible.Perfect project delivery means ... nothing bad happened. To the outside observer (executives, for example, or users), it's like… Read More »
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Nov 9, 2021
Webinar Attendees' Questions, Answered, Part 4: Agile, Transformation, Roles ... and the PMO
[Editor's Note: Continuing our series of responses to questions asked by our webinar attendees, please welcome our Agile SME Sydni Neptune to the fray! The recorded webinar can be viewed here.]Q: What are the areas of work that can have the greatest impact to moving forward with agile transformation and improving maturity? Of… Read More »
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Oct 25, 2021
Just How Adaptive is the PM Maturity Model?
We’ve got more webinar attendee questions today. Also stay tuned for a blog from our Agile SME Sydni Neptune, answering additional webinar attendee questions specific to Agile. I’m also going to circle back to some questions I answered during the live event on October 21—questions about agile environments which, had… Read More »
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Jul 8, 2020
Another Covid-Era Success Story: New Agile Maturity Model Unveiled
Last week, I shared the story of a new training program developed by PM College with the help of PPP (Payroll Protection Program) funding. I think the example of a business using these disaster relief funds to create new services for customers—services tailor-made for our present circumstances—while keeping employees on the… Read More »
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Jun 11, 2020
Re-Opening Wisely: How Expert Project Management Can Help
We've just published a new research brief that gathers onto one page some insights for organization leaders who want to get back to business, but do so wisely. Recognizing that every organization is facing an unprecedented need for agility in kicking off and delivering an array of new programs associated with how their employees… Read More »
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Jun 2, 2020
Now What? Project Management Research Points the Way
We live in interesting times. Although the new research study officially released today, The State of Project Management 2020, was conceived of and designed last fall--a seeming lifetime ago!--the issues it frames, and the solutions offered, could not be more timely.If your organization has struggled to realize the full benefits of a maturing project… Read More »
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Mar 1, 2020
Project Management as a Service: A New Spin on A Time-Tested Strategy
Since PM Solutions was first established over a quarter-century ago, we have operated as a primarily virtual organization, using small administrative centers to support a large number of consultants, trainers and specialists in the field. This strategy was designed by our founders to help a small start-up access the best talent, wherever they might live.… Read More »
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Feb 11, 2020
State of PM 2020: Survey Deadline Extended One Week!
Our newest research survey, The State of Project Management 2020, closed on January 31 ... but if you were procrastinating, you are in luck. We've reopened the survey for just one week to allow those who missed the deadline to be part of this study, which seeks to develop a picture of the current state as well… Read More »
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Jan 28, 2020
Now or Never: What Is the State of PM in 2020?
Bloomberg.com kicked off 2020 by releasing a challenging list of the things business should be preparing for:A shift in political and economic power from West to East A sea-change in consumer habits, toward sustainability Humans outnumbered by connected devicesIt's mind-boggling to consider the role that project management will have to play in… Read More »
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Nov 4, 2019
Day Two @PMOSym: Is This Day One? Innovation and the Project Economy
At the opening general session, The Project Economy – The Future of Work, Bob Safian, Founder of The Flux Group and Former Editor of Fast Company, delievered a whirlwind look at the lessons of innovation, pros and cons of "The Project Economy" and a recap of PMI's 50 most influential projects of the last 50… Read More »
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May 22, 2019
Data: Telling Stories with Numbers
Over on the PM College blog today, Crystal Busch and I were dissecting a presentation on learning trends by Elliott Masie when one topic hit a nerve. Most learning organizations, Masie said, don't know how to use the data they collect. Okay, I agree. But I'll take it a step farther: they don'… Read More »
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Mar 27, 2019
One Last Question: What About the Agile PMO?
(If you are wondering what happened to Part 2 of this series, check out Deborah Bigelow Crawford's responses to questions about training and coaching on the PM College blog here.)I've saved the best for last. One of our webinar attendees asked:Question: Please review more of the roles and responsibilities of the Agile… Read More »
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Nov 13, 2018
PMOs are Leading Change and More
Panel discussions at the PMO Symposium give me writer's cramp! It's hard to take notes fast enough, especially when confronted with an array of highly knowledgeable practitioners. The panelists were:Melissa Eckers, Accenture Brian Murphy, CapGemini Jan Musil, SAP Noel Smyth, JP MorganThe upshot?The PMO is evolving and changing; no longer… Read More »
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May 31, 2018
What’s the Value of Management Consulting?
Now, there’s a loaded question. But it is one we constantly strive to answer in our consulting practice; take a look at the “Results” sections of our client case studies, posted here, to get situation-specific answers.In addition to these industry- and organization-specific value datapoints, we just ran across some research… Read More »
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Apr 26, 2018
Strategic Nuts and Bolts: Part 2 of “Your Strategy Execution Questions Answered”
Have you ever sat down to work, looked at your list and opted to do the handful of easy tasks rather than tackle the most important item?Yeah, me too. In the same way that individuals mis-focus their energies at work, companies sometimes get bogged down in minutiae rather than addressing their biggest issues.A… Read More »
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Apr 12, 2018
Your Questions About Strategy Execution, Answered
We had a well-attended webinar at the end of January during which Kent Crawford and Bruce Miller laid out some of the compelling findings of our 2017 research study, (View the recording here.)At the end, there were a handful of submitted questions left unanswered; many of them were about the demographics of the study: how… Read More »
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Jan 4, 2018
Interesting Times in Project Management: An Interview with J. Kent Crawford
Our founder and CEO Kent Crawford stays on the road a good deal, teaching classes for the PMI SeminarsWorld series, as well as visiting client sites and attending conferences and speaking engagements. In doing so, he keeps a front-line view of what is going on in organizations across a broad array of industries. So, once… Read More »
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Dec 18, 2017
Trends in Project Management: An Interview with Bruce Miller
Bruce Miller rejoined PM Solutions/PM College as our President in early November and jumped right into the fray by attending the PMO Symposium. We caught up with him by phone to ask him if there were any surprises there for someone who had stepped away from working in the project management consulting field for… Read More »
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Sep 6, 2017
New Research Strongly Links PMO and PPM Processes to Strategic Execution
Although we have not released the formal research report yet, and the numbers are still being crunched, there are a couple things I found in reading through the raw data collected by our Strategy Execution Process Benchmark that I couldn't wait to share.Like the majority of companies out there, those that participated in… Read More »
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Jun 28, 2017
New Research Study: How Do Project/Program Processes Impact Strategy Execution?
Last week we launched our newest research initiative The Strategic Execution Process Benchmark: Integrating Projects, Programs, and Portfolios for Strategic Success, and we are very excited about it. Over the 20 years that PM Solutions Research has been collecting data about project management processes, we have seen an increasing confluence of strategic planning and management with… Read More »
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May 19, 2017
Join Our Panel of Experts to Discuss the Practices of Best-in-Class PMOs
The State of the PMO 2016 research report, released last November, shows that the majority of organizations now either have PMOs or are planning to implement one in the coming year, the common functions and practices of PMOs are becoming a standard feature of organizations.But for those PMOs that have been in place for over… Read More »
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Apr 21, 2017
We Still Value Expertise
If you've been following PM Solutions for any portion of our 20+ year history, you'll know that we call ourselves "the project management experts." We continue to wear this tag proudly, despite the unfortunate trend towards dismissing expertise that seems to be part of the zeigeist right now. In putting up the first of… Read More »
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Apr 10, 2017
Why Assess PM Maturity?
Editor’s introduction: This week we inaugurate the first in our Expert Series, blogs by writers who have won our respect for their work “in the trenches” of project, program and organizational improvement. Today’s author, Victor Allen, is director of project management for Major Enterprise Projects at DTE Energy, the… Read More »
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Dec 17, 2016
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… Read More »
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Nov 3, 2016
100% of Best-in-Class PMOs do Benefits Realization. Do You?
Fun fact: Our newest research on The State of the PMO is coming out next week, and it provides a profile of what the best PMOs focus on. One of those items is benefits. We are not surprised, because a focus on benefits is one way that PMOs help their organizations achieve their strategic goals. … Read More »
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Nov 1, 2016
"The Times, They Are A-Changin’"
When I look back over my last 25 years in project management, I just sigh. When I first entered this profession as Executive Director (now titled CEO) of PMI, I struggled with explaining what project management actually was to my family and friends. They wanted to understand, but unless they were in the defense… Read More »
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Sep 29, 2016
Three Trends Shaping Project Management Today
Recently, I was invited to answer a number of opinion questions for a report being produced by the Dubai International Project Management Forum, where I will be speaking in October. It's always a spur to reframing one's thoughts, and I wanted to share with our readers a few of the answers that were… Read More »
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Sep 20, 2016
Change Your Mind about Benefits Realization: A Preview of Our New White Paper
Now going to press, our newest white paper, Optimize Strategy Execution by Planning In Benefits Realization, explores the question: Why do strategies fail?One answer relates to the question, often posed by project management practitioners, of why the discipline has struggled to implement benefits realization tracking and management. If strategies are expressed through programs… Read More »
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Aug 18, 2016
Integrating Benefits Realization and Strategy Execution … What Took Us So Long?
I just finished reading PMI’s new research on the “Benefits realization management and strategic project success analysis of UK, USA, and Brazil.” I found the research quite interesting, and it energized some thoughts, starting with revisiting our approach to strategy execution.PM Solutions’ Strategy Execution model is based on… Read More »
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