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Lean Portfolio Management: Benefits and challenges
Lean Portfolio Management (LPM) improves the way organizations make decisions about project and product development. In this post, we thoroughly analyze its components, its benefits, and how to evaluate whether LPM is for your organization.
A guide to revenue recognition and project management
This guide lays out the key questions to fully understand revenue recognition, the difference between cash flow and revenue, the five golden rules that set the standard for revenue recognition, and analyzes the primary methods for calculating revenue recognition.
Tracking Projects Based on Agile Methodology
If your company uses agile project management, you’ll find tracking progress differs significantly from the waterfall predictive model.
Here we unpack the mysteries of Burndown Charts and Cumulative Flow Diagrams
How to make remote work a success
There are unique opportunities and challenges that come with working remotely. Here we define what remote teams are, explore advantages and disadvantages and how to successfully work from home.
Implementation of a PMO: people, organization and documentation
The users are the ones that bring a project management system to life, either as collaborators or external consultants. It is imperative that the PMO believes, manages and offers support to all of them.
PPM Maturity Level: What Is It and Next Steps Towards Growth
Project Portfolio Management Maturity refers to how ready your company is to smoothly execute a project, program and portfolio management strategy.
How much are we investing? Financial factors to consider in project and portfolio management
Tracking expenditure and revenue flows answers one of the burning questions of every board: “How much are we actually investing in our projects?”. This question often crops up when we are talking about internal, IT or transformative projects. The...
Strategic alignment: Selecting the most valuable project portfolio for your business
Choosing which projects to invest in is a strategic decision to be taken based on objective data. In this article, we explore the problem of subjectivity and analyze the solution that allows management to make decisions based on a business plan, in a...
6 elements to consider when defining a PMO framework
Everyone´s starting point is different, but we can all agree you need a steady foundation when building anything and your PMO´s framework is no exception. It should be clear and shared by the entire organization. We’ll guide you through planning,...
5 keys of success when it’s time to build a Project Management Office
In this article, we discuss 5 keys to success when it comes to build a Project Management Office.
4 questions revealing the need of a PMO in an organization
4 Questions to ask to see if your PMO is heading in the right direction.
How to choose the type of project office that best fits your organization
A proactive of PMO implementation measures and ultimately determines how a plan promotes corporate strategy. A tactical PMO focuses more on individual project progress. Different types of task PMO are: tactical PMO and strategic PMO