Articles about Project Portfolio Management and Resource Management
It is important to take a look at the software and tools you are using to make sure that they are effectively accomplishing what you need. In this post, we discuss 7 signs that it's time for a new project portfolio management software.
When people hear the term project portfolio management (PPM), many think that it is a process to manage IT projects and investments. However, there is no reason portfolio management principles should only be applied to IT. In this blog post, we discuss why project portfolio management makes sense for multiple areas of business and not just IT.
PMOs are starting to overcome the bad opinions people seemed to have of them in the past. Still, there are things a PMO Manager should avoid saying or doing to increase support, respect and cooperation with project teams. Here is my list of five things a PMO manager shouldn't say or do, and possible alternatives to ensure the success of your PMO.
If John had a dollar for every time he heard a customer say, " at a meeting, “Yes, we have been planning to look at resource management, but we’re too busy to do it,” he'd be a very rich man. Why are companies afraid of resource management, when everyone agrees that is a "high priority"?
Bad planning of employees and their capacities can quickly turn a company upside down, and suddenly everything is on fire. The result is often a firefighting mentality, where resource management is simply used to put out the fires with no long-term solution. How does this happen, and how can you turn things around?
Simply adding more employees to a project team doesn't mean the project will be completed better or faster. Instead, completing the project sooner depends on how the tasks are assigned, how well the team works together, and how skilled and knowledgeable the team members are on the topic. Learn ways to improve employee utilization!
The last thing project managers need is more work, more reporting and more processes. It seems like that is just what introducing PPM would do - add more work. In truth, project portfolio management actually helps project managers. Here are six reasons why project managers need PPM.