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PMO Perspectives Blog (page 30)

70% : The Long-Term and Strategic Side of Project Management

Part of the role of the Project Management Office is to help management think longer term. A lot of what we do on projects is tactical. Meet this short-term business need, put the IT in to open this office, revamp this product in line with customer feedback, fix this bug. That sort of thing. In a PMI presentation recently, Antonio Nieto-Rodriguez pointed out some interesting facts about short-term thinking. Managers, ...

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The Seven Activities of Project Closeout

The goal of the project closeout activities is to end the project in a way that reflects favorably upon the team, the team leader and the organization. This phase requires the completion of the seven activities. It is fortuitous that comprehensive planning makes the closeout phase rather straight forward. Perform project closeout Perform client closeout Perform organizational closeout Conduct subcontractor closeout Perform final risk assessment Write project final report or ...

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Strategy Delivery and Portfolio Management – Benefits Management

The first PMI Power Talks took place earlier in the summer in London and TwentyEighty Strategic Execution sponsored this new quarterly event which brings together key expert speakers – all talking about a particular subject matter – the first one was Strategy Delivery and Portfolio Management. You can take a look at the agenda and format of that day here. You can also see the whole afternoon event which was ...

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Opportunity Management in Project Management

When asked how typical risk management exercises are conducted, most project managers reply that this involves conversations and documentation around risk events and their respective probabilities and impacts. While this is a necessary and beneficial exercise, this standard approach and mind-set does not account for taking time to recognise and focus on maximising opportunities, and it often leads the team and project manager in the opposite direction. Effective risk management ...

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4 Essential Habits To Becoming a More Emotionally Intelligent Leader

In a previous post – Getting Started with Emotional Intelligence in Project Management – about Emotional Intelligence (EI) we said that EI is being able to identify and understand your emotions and those of others. We also said that one of the first steps in building EI is to gain self-knowledge – for instance by asking for feedback about your behaviors and by keeping a daily journal. But what else ...

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The PMO as a Strategic Partner \\ Strategy Execution Series

The latest Trends in Strategy Execution were discussed at the recent Executive Briefing hosted by TwentyEighty Strategy Execution in London. The ninth trend, “The PMO as a strategic partner” is one which is causing much discussion in the PMO community. The PMO as a strategic partner has gained traction over the last five years or so as more and more Enterprise PMOs (ePMO) have come into existence. These ePMOs tend ...

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Business Process Modelling Notation for Business Analysts

Workflow modelling has long been accomplished by technical resources attempting to add context to technical requirements. As industry has progressed along with complexities of business management, we have again found the need to specialise and segregate responsibilities. As a result, many business analysts have moved from a purely technical requirements management role to a business analyst role. The person in this role is responsible for understanding the business perspective and ...

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Matrix Structures: The Pros and Cons

A matrix organisation structure is one where there are multiple cross-functional, cross-business unit groups. Often individuals in the matrix have more than one line manager, or maybe one ‘solid line’ line manager and one or more ‘dotted line’ managers. It happens because work responsibilities aren’t linear any more. A role that is titled as ‘Marketing Manager’ may have elements of internal communications, digital marketing, sales, customer relations, complaints handling plus ...

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