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News, tips, and best practices for project and portfolio leaders

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The Role of the PMO in Project Portfolio Management Prioritization 

Prioritization is at the heart of the project portfolio management discipline, which enables organizations to align projects with their objectives. The PMO helps organizations align projects with strategic goals, ensure prioritization of initiatives based on value and resource availability, and improve overall project success rates. Here’s how.  The Importance of Prioritization in Project Portfolio Management  […]

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The Importance of an Executive Dashboard for a Business-Driven PMO 

In project portfolio management, every strategic decision influences organizational success. A PMO executive dashboard, which provides a concise yet comprehensive snapshot of project portfolios, can go a long way toward ensuring the quality of decision-making by transforming raw data into actionable insights. By doing so, it acts as a compass for business-driven PMO leaders.    […]

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Every Project Matters 

I’ve seen a lot of project management offices (PMOs) over the years and there has always been one problem that they all struggle to overcome. That’s the need to manage performance across all types of work – plan-driven (waterfall) projects, Agile initiatives, and hybrid approaches that combine elements of both. What this comes down to is […]

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Advantages of EPPM Software for Your PMO Reporting Framework 

Effective PMO reporting is what drives strategic decision-making. How can the PMO optimize it? Enter Enterprise Project Portfolio Management (EPPM) software, a strategic tool capable of enhancing PMO reporting frameworks, resulting in significant advantages for PMOs.    Understanding PMO Reporting Frameworks and Their Importance  A PMO reporting framework is a structured system that outlines the […]

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Your PMO Must Be a Value Center!

Project management offices (PMOs) are awesome. No, really, they are. There may be a perception out there that they do nothing but governance and reporting. That they slow things down, or that they get in the way of effective project delivery. But the truth couldn’t be more different. Ot at least, it couldn’t be more […]

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Advantages of Resource Leveling to Manage Multiple Projects

When your business is simultaneously managing multiple complex projects, it’s easy to think of the approximately eight million ways that everything could go wrong. But what about the ways in which everything could go right? Resource leveling helps you identify the best avenues to manage your resources effectively so that you finish up your project […]

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PMO Best Practices: What-If Scenario-Based Modeling Tools

What-if scenario-based modeling involves creating hypothetical situations or scenarios to assess their potential impact on project portfolios. By simulating various scenarios, PMOs can visualize and analyze potential outcomes based on different sets of assumptions and variables. Because it increases the responsiveness and intelligence of project portfolio management, scenario modeling is considered one of many PMO […]

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5 PMO Goals and Objectives You Can Achieve with PMO Software

It’s not always easy being a PMO—especially if you don’t have the right tools.  PPM software enables PMOs to achieve their goals and objectives by providing a centralized platform for efficient portfolio management. These tools offer features such as project tracking, resource management, and reporting, facilitating streamlined processes and improved decision-making.  A well-implemented PMO software solution is […]

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How to Pick the Right Framework for Your Agile PMO

For a PMO, the importance of embracing agility cannot be overstated in today’s business environment. An agile PMO is inherently responsive, enabling the organization to swiftly adapt to changing priorities, market demands, and unforeseen challenges. It will foster a culture of continuous improvement, encouraging teams to embrace change and iterate on project processes. This adaptability […]

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PPM Advantages and Disadvantages of a PMO

If you’re exploring the topic of implementing a Project Management Office in your organization, you are probably aware that PMOs are designed to streamline and improve project activities. But tying that action with visible and measurable business value or bottom-line improvement may not necessarily be obvious. Yet those kinds of high-level, big-picture organizational benefits are precisely […]

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Becoming the PMO of the Future: 5 Modern PMO Success Factors

Your PMO is essential when it comes to positioning your company towards the future. And the days when a great track record of on-time, on-budget, and within scope was organizations’ primary concern are over. Now, that’s table stakes: the PMO is the engine of corporate change, and corporate change is the lifeblood of a business. So let’s discuss the key […]

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IT Portfolio Management: How to Prioritize IT Projects in 2024

In the rapidly evolving landscape of Information Technology (IT), knowing how to effectively prioritize projects is crucial for success. But IT projects come with their own set of unique challenges that distinguish them from other project management domains. Let’s dive into the strategies and tools that will empower IT leaders to achieve effective portfolio management […]

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