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PMO Perspectives Blog (page 78)

Are you on the Right Path? – Leading Indicators can Shine a Light or be your Compass

Leaders often realise that getting better in Project Management or Business Analysis is a journey not a destination.  There are short, medium and long term benefits of such an improvement programme that have tactical and strategic impact.  Leading indicators are a great compass to make sure that you are heading in the right direction.  Not a guarantee of success, just a belief that if you are doing more of a ...

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Project Management and Stock Price: Is there a Connection? – Part 2

In part one of this post I highlighted the direct connection between stock price and project management but let’s put aside this thought of attempting to make a direct connection between stock price and project management for the moment and look at it from another angle—our client’s perspective.  In our work with clients large and small they’ve seen what happens when they make the commitment to project management in their ...

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Project Management and Stock Price: Is there a connection: Part 1

In my work with executives who are making an investment in project management, I’m often asked the question: “Will project management drive up our stock price?”  Some believe that connecting good project management with a rise in their stock price is the only way to convince senior management that their training or consulting investment has been worthwhile. But is a company’s stock price, and specifically, a rise in the stock ...

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Value is Equal to the Benefit divided by Price – Part 1

I was recently facilitating a group of PMO practitioners at a seminar – on the value that PMO’s can offer their organisations. I was writing up an equation on a flipchart that economists use – “Value = Benefit/Price” when there was a outburst of verbal challenges from the group. Jane was getting agitated, “You can’t compare a purist view of businesses seeking to discount to increase sales, to the PMO. ...

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Who Should be on the Team?

So who should be members of a project office? Well in a previous article I argued that actually you need to consider what you’re looking for from your project office. This in turn then, surely helps to dictate who should be members; some possible examples include, (but are by no means limited to) the following:

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Where Was It?

Now where was it!!!! Never underestimate the importance of effective filing systems within a project.  It is great to have mountains of information and resources but if no one knows where to access this information, they are nowhere near as valuable. I have often been in a position, where a vital piece of information that I required to help me run the project or aid in discussions with a client ...

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New at Project Management

Since I spend some time driving in my car, and thinking, the thought crossed my mind when I saw two recent LinkedIn discussions going on about new project managers that this was a little like learning to drive. The requests were both for guidance in moving into project management and in becoming a junior project manager.

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