Your team missed another project deadline, but that’s not a surprise for you. You knew the project plan wasn’t realistic. Many factors were overlooked including other projects being worked on simultaneously, planned vacation and everyday business that takes time away from projects. The problem is that the people setting the project timelines don’t have a clear picture of all of those factors.
Success is a little bit like a unicorn. Everyone wants it, but it seems like an impossible dream. In search of this unicorn, people go to great lengths and if their search turns up nothing, they label themselves and their work a failure. This is a huge mistake in the way we think about success and failure. The problem is that we define success too narrowly and failure too broadly. This is especially true for how most people determine the success of their project portfolio. To really understand the true success of projects and your whole project portfolio, you should remember the old adage, “success is in the eye of the beholder.”
Creating an annual plan for your business is no small feat. Getting your project portfolio in order for the new year and preparing to plan out your 2020 projects can leave you drowning in project details, budgets and required resources. This can quickly become overwhelming as you try to get a handle on next year's projects, but don't lose hope! If you are lost in a maze of new year planning, here’s how you can start building your 2020 project portfolio and set your organization up for success this year.
While all industries can benefit from a PMO, the financial industry has eagerly embraced PMOs. The rise of PMOs in banks, credit unions, and other financial institutions is not just because there is a need for managing many projects, but to also address several obstacles unique to the industry. To create and operate a successful finance PMO, you need to understand what these unique industry challenges are.
The Meisterplan team had a great time participating in the 2019 OilComm Conference & Exposition in Houston, TX. Representatives Karoline Holicky, Emma Hanes, and Rachelle Sanders took the opportunity to speak with industry professionals in the Oil & Gas industry on how Meisterplan ensures project plans achieve success as they face extreme market fluctuations, capacity constraints, and constantly changing priorities.
In an era of digitalization, customers are more demanding than ever. In a project environment, that typically means delivering what customers want, when they want it, at the cost agreed... Not so simple. How can companies manage demand and capacity in this dynamic environment?
Meisterplan has been recognized as a High Performer by G2 Crowd in their Summer 2019 "Project Management" and "Project & Portfolio Management" reports.
We are happy to report that the recent PMI Houston Conference & Expo was a success! Read more on what all took place at the show, including Meisterplan team representatives, Karoline Holicky and Rachelle Sanders, demoing our new Meisterplan for Jira integration as well as networking with a diverse range of business professionals on how to Make Plans That Work.
Meisterplan team members Karoline Holicky and Rachelle Sanders from the Houston office are excited to be a part of the 2019 PMI Houston Conference & Expo taking place June 3-4, 2019. Attendees will have the chance to stop by our booth to watch demonstrations of our portfolio management software in action.