Busy PMOs face the challenge of managing shifting priorities in addition to managing their large portfolios of projects. As projects needs adjust to changing priorities, PMOs need to realign workflow processes so that execution and performance don’t suffer. With Projility’s Hammerhead software integrated with Microsoft’s Project Server and Project Online solutions, PMOs can execute and [...]
Many enterprises never achieve true project portfolio governance. While Project Portfolio Management, or PPM, may be the heart of governance, other factors must be taken into consideration when supervising a portfolio. If you can ascertain a way to manage and oversee your projects at the portfolio-level, as opposed to project-by-project, your company will receive the [...]
A world-class PMO helps portfolio managers build the right things and project managers build things right. Managers at all levels must have relevant and timely information at their fingertips. With the help of role-based dashboards, they use this information to make the adjustments necessary to ensure project and portfolio success. Portfolio Management: Building the Right [...]
The best metrics can provide a window into tomorrow, anticipating both successes and failures. By having an accurate picture of what has happened in the past, the PMO should be able to answer questions regarding projects in the pipeline. With the proper hindsight comes the proper guidance into the future. The Questions You Want Answered [...]
The role of the PMO has become indispensable in organizations. It supports aligning projects to strategic business goals and helps deliver them on time, within budget. Even with success, though, PMOs still need to prove their worth. There are many metrics – or performance measures – that are essential for PMOs to continue to add [...]
It is essential to align reporting to a decision maker’s span of control and his or her decision-making cycle. Once performance information is obtained, there is a big difference between what a CIO or PMO Director needs to see versus a Project Manager. It is crucial for PMOs to report information on the proper granular [...]
Successful PMOs understand the importance of two key factors in project and portfolio reporting: visibility and insight. Without both components, project managers and senior management will not know the health or status of projects, their risks, or their successes - paralyzing them when it comes to making critical and timely decisions that are necessary to [...]
