This article from Harvard Business Review illustrates how a lack of planning can make even a horrible natural disaster’s impact even more destructive.
Project health is something all CIOs worry about but few take specific action on.
Many CIOs see Project Portfolio Management as a complete solution – a silver bullet that will
Software maintenance is traditionally seen as a place where time, energy, and money are
This post from ESI PMO explores the top project management trends predicted for 2012.
A Rogue Trader at UBS AG is responsible for around 2 billion dollars (USD) being lost due to unauthorized trading.
This tongue-in-cheek post from Gretchen Freeman-Cromar gives us 10 very real project management best practices
These six basic rules of successful project management can spell the difference between a well-oiled machine or a sputtering failure. Each rule points to an overall theme of open communication and engagement. Suresh Malladi presents helpful reminders (keep your upper management engaged, stick to your processes and procedures, and maintain tight monitoring are a few) [...]
Project health is something all CIOs worry about but few take specific action on.
Thorp said another major challenge was IT governance — an issue which … “Unfortunately IT governance suffers from the same thing anything else with ‘IT’ …
This PDF from Project Management Solutions illustrates just how far most organizations still need to travel in order to succeed in portfolio management: over 90% of organizations are at the bottom two levels of the maturity scale, and none of those surveyed were at the top. More mature portfolio management leads to better alignment with [...]
The right leadership often leads to the “right” outcomes – at least that’s the working premise of this academic article by Mary Sumner, Douglas Bock, and Gary Giamartino. It’s an accepted fact that leadership, when applied well, can turn the tide in any large project. That being said, it’s also agreed that most large IT [...]
ITIL works – it’s a simple truth that those who implement it within their organizations know. William Golden is quick to recognize this fact in his article from CIO.com, but goes further. He explains why it’s valuable, how it should be implemented (in a way that makes sense for your company), and give an example [...]
According to this interview with Michael Schrage, a research fellow with the MIT Sloan School’s Center for Digital Business, CIOs are increasingly
Often the skills listed for a project manager are aligned with business ability or technical knowledge. In this post from Enterprise PM, a focus is put along the human element of project management: how well does a PM manage their time? How well do they communicate to people inside and outside of their project team? [...]
Having risk management in place is one thing – but being able to identify just how effective that risk management is requires something completely different. This article from Steven Minsky explains that measuring percentages of risk identification, time spent on planning and actual risk mitigation are good ways of determining just how effective your risk [...]
There are many systems put in place by different organizations to identify and manage issues and risk – but all of them, according to this post by Nic Windley, boil down to these basic steps: identify, assess, plan responses, and select & implement. By understanding and utilizing this basic process, organizations can more readily understand [...]
PPM is a big deal – with companies like Primavera and Microsoft building their PPM capabilities, project portfolio management has become a major factor in creating
Knowing what work is important and what work isn’t forms an enormous amount of a portfolio management work. This post on Focused Performance lists situations where organizations have failed to address the root causes of too many projects with not enough time or resources. However, once an organization determines what work is important (or will [...]
E.M Bennatan cites cognitive dissonance – that is, a person’s willingness to ignore factual input and embrace a strongly held belief instead – as the main reason warning signs within projects are ignored. With this ignorance comes project failure, and oftentimes surprise. Bennatan explains why the warning signs are ignored, how team respond when a [...]
This research paper highlights just what makes portfolio management great – and sometimes difficult – to implement. One of the biggest challenges highlighted in this paper is just how interested organizations are in portfolio management, but how those same organizations do not have the proper IT processes and procedures in place to make portfolio management [...]
Every organization must focus on cost-down activities: reducing inefficiencies and streamlining cost reduction. Roger Chou asks: how does portfolio and project management fit into the process, and how can we better understand the value of thinking about portfolio management and project management as a cost-down activity? Chou uses the example of Foxconn’s bid to be [...]
In this article by Bruce Boardman, the keys to ITIL (including methodology, best practices, core groups and setup) are discussed at a high level. Giving enough information to understand the principles, Boardman provides great insight into a sometimes overwhelming process.
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