Effective resource capacity management strategies enable large enterprises to complete even complex projects on time and in line with budget constraints. Unfortunately, this is often easier said than done: In fact, around half of work projects budgeted at one million-plus fail, and roughly 80% of project managers report uncertainty regarding how their assigned projects advance [...]
Media Conglomerates Look to Stay Agile with Consistent PPM Practices The world of media and communications is not as disparate and diverse as it may seem. Large media conglomerates account for a significant portion of the market, encompassing everything from television and music to film and theme parks. For example, Comcast, currently the world’s largest [...]
Digital transformation has been a major theme for CIOs and CTOs over the past few years. The trend has helped them secure attention at the highest levels, facilitating some significant – and much needed – changes enterprise-wide. In many organizations, though, the digital revolution has felt more like a war. Many enterprises are resistant to [...]
If your Project Management Office (PMO) is seen as a hindrance or merely a cost center within your enterprise, then it’s time to do something about it. PMOs should be viewed as enablers and liberators – not inhibitors and obstructers. In some cases, a company may be running a PMO but refuses to put an [...]
There’s no doubt that data is critical in today’s business world. It drives the decision-making process in all aspects, from targeting the right audience to measuring product success. To make time-sensitive decisions, though, data needs to be readily accessible and easily reported – so that the right data can make its way into the hands [...]
The healthcare industry is incredibly diverse, covering everything from pharmaceuticals and hospitals to medical devices and agricultural bioscience. Each sector serves unique needs and fulfills a specific purpose. Some healthcare organizations work on curative and preventative medications, investing large sums of capital into the research and development (R&D) of vaccines, antivirals, and antibiotics. Others focus [...]
There are three distinct tracking methods within Microsoft Project Online and Project Server. Understanding these practices – and how they relate to the way you plan your tasks – will help you choose the tracking level that adequately meets the needs of your project. Figuring Out the Level of ‘Task Progress’ Detail that is Appropriate [...]
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 [...]
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 [...]
Project managers need data-driven reports from their PPM solution to help them make better business decisions. I hear that in almost every conversation I have with PMOs. If the PPM solution cannot present the right data to produce the right reports, its value is significantly limited. Part of the challenge is that you will have [...]
