Traditional project portfolio management with a Swiss Army knife of functions and a complex PPM process is usually very expensive while producing minimal results. Applying the 80/20 rule may lead you to question: if 20% of the process and functions bring 80% of the results, then why should we make everything so complicated?
More projects than ever before are being successfully completed within budget. This statement is supported by PMI, which records current figures in its annual report on the Pulse of the Profession. We explore three key points from PMI research which explains this success.
How do you measure the performance of a PMO to prove its worth? In this post, we'll show you some possible KPIs for PMOs that you can use to measure the success of the department.
There is a lot of hype over Game of Thrones. It's understandable, because the epic stories contain not only great images and moments, but even get great insights. In this article, we explore what Game of Thrones can teach you about project portfolio management. Because, obviously, giants and wildlings have a lot to do with your project portfolio.
Project management offices often struggle to gain acceptance within the company shortly after they have been introduced. There are three phases from introduction to complete PMO acceptance. In this article, we explain what these three phases are, and how you can bring your PMO into the third phase of acceptance.
In this How-To guide, you will learn how to prioritize your projects in Meisterplan. From the necessary prep work to ensuring new projects are ranked properly, we will show you step by step how Meisterplan helps with project prioritization.
What is the best fit for a PMO in your company? Which employees should work in the PMO? And what is the relationship and expectations between stakeholders and the PMO? The second post in our four-part series on PMOs will answer these questions.
Do companies really need a Project Management Office (PMO)? Read the first post in our four part series to learn more about what a PMO does and its benefits.
How much capacity do your employees actually have for project work? What variables and numbers should PMOs use to create a realistic project portfolio, without resource bottlenecks, delays, and employee dissatisfaction? Use our formula for resource planning to answer these questions.
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