Let us understand the role of the portfolio manager and how it differs from the role of project and program managers. Unlike project and program managers, portfolio managers do not actually manage work or teams, although they may have a portfolio management team. They manage the intake and performance of the portfolio, as well as …
In this blog, let’s further discuss on how to integrate and continuously improve portfolio management methods and review key deliverables needed to support portfolio management practices. Portfolio Management Methods and Key Deliverables: 1) Assess the current state by talking with stakeholders This is the first step, and normally includes determining which portfolio management processes exist,which …
Read more “Portfolio Implementation and Continuous Improvement”
Meetings are normally conducted to help discuss certain problems or options and come up with a viable solution. There can be different kinds of meetings such as: 1) Meetings with clients to sell, to discuss on strategies to provide the best service, to trouble shoot problems related to product/ service etc…. 2) Meetings with internal stakeholders within …
Talking about successful projects, one aspect that comes to everyone’s mind is leadership skill needed to drive the project. When we talk of leadership skills, we normally attribute it to senior management at the programme or organisational level. What we do not realise is that leadership is actually required or rather necessary at all levels …
Read more “Leadership Skills at all Levels for Project Success”
Some projects are very critical from the point of view of – Customer expectations – An early adopter going live who would take a decision on whether to invest in your product or services, or – Existing customer who could be a major bread earner for your company or having strong political clout. In such …
Here are 3 quick and effective tips for successful projects based on my experience in handling projects. These tips are applicable for almost all type of projects irrespective of whether they are small, medium or large. What can vary is the level and magnitude to which you apply these tips. Alignment to the vision: Most …
You have completed a few Sprint cycles in the past 5 months, in your project execution to deliver a project or a product. Your features are almost 50% complete. You have yet another 5 sprints to go. Your sprint cycles are of 1 month each. The team is at the peak of its performance. However …
Read more “Having ‘Mini-waterfalls’ in your Sprints? Fine tune your Team Collaboration”
A project kickoff is extremely useful to ensure that all the stakeholders are aligned to the project right during the beginning of the project itself. Hence, if utilized well, it can reap many benefits during the course of the project. So, while doing a project kick off, be aware that it can be very crucial …
Read more “4 Key points to take care during a Project Kickoff”
Measuring Risks & Customer Satisfaction In my previous blogs, we discussed on creating an e-PMO dashboard to view the overall status of the project through meaningful metrics across various Knowledge Areas in a project. For this, I discussed each of the areas through a series of articles. 1) How to put project metrics into effective …
Measuring the Human Factor In my previous blogs, we discussed specifically on measuring Processes & Financials(see, How to track projects using e-PMO dashboard – I and How to track projects using e-PMO dashboard – 2 ) using a consolidated e-PMO dashboard. Now, let us look at measuring the most important element of the project – …
RACI stands for Responsible, Accountable, Consulted and Informed. Sometimes it is also referred to as RASCI – where the additional S stands for Supportive. Where:Responsible – implies the person who “owns” the project. Accountable – Person to whom R is accountable. He is normally the person who would sign off or approve …
Read more “RACI method made simpler – for use in Project Management”
Risk is a major factor that affects all projects. In fact, statistics show that projects fail mostly because risks and issues are not managed effectively. This is evident from the fact that risks covers major areas of scope, time, cost and quality. Why I decided to write on display of risk management in Enterprise …
Read more “How to show risk information in Enterprise Project Management Dashboard”
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