PM-Partners own research shows that 87% of executives surveyed recognise they have not adequately made the connection between project selection and corporate strategy. Rick Stejer from PM-Partners offers tips on creating greater alignment.
The objective of project portfolio management is to prioritise the list of proposed projects to achieve the strategies within an organisation. Usually a portfolio relates to key business benefits sought by the organisation, and within the portfolio are...
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There is one clichéd mantra that gets uttered constantly by philosophers within the field of project management, “project managers manage projects” but the fact of the matter is overwhelming. The actual practice of project management can at times be consumed in the manic calls of the project itself.
Project managers face some monstrous challenges when going through the process of defining, planning and managing projects in complex work environments. In the midst of the project madness...
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The 2010 PM & BA Forum has just been announcement. The focus for this year is Leading Project Excellence.
"Organisations have a renewed appetite for growth and innovation. As the leader of projects you’re the one who has to make change happen. The Forum provides you with a rapid update on the latest tools, standards and methods. It is your opportunity to critically evaluate emerging ideas and challenge your thinking through networking and discussion with your peers."
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Project management is experiencing unprecedented growth and recognition as a profession. It is at the forefront of any organisational growth agenda.
To be part of this exciting future it is essential that you gain formal recognition for your project management skills. Not only will it open doors for you it will also add to your body of knowledge as you learn from best practice and the experience of others.
The Project Management Institute offers two training courses that will help you to...
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When it comes to understanding the reasons behind the implementation of a dedicated project management office (PMO), many businesses perceive the role of a PMO within smaller or larger organisations to be trivial as they have never been provided with a lucid explanation as to its core function and outputs. The PMO is sometimes seen as adding yet another layer of bureaucracy, particularly within larger organisations. With stringent processes in place already impeding on progress, what is the...
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As a project manager, success comes as a direct result of not only your relentless application and dedication to said projects, but your time management skills. In order to maximize efficiency, your time should be managed in order to sustain a routine that encompasses both discipline and commitment whilst providing a well-thought out margin for factoring in routine facets of life including personal tasks and duties of which cannot be avoided in the workplace.
Time management theories within...
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Listen to our podcast on the subject for a quick refresher.
With 44%* of projects being delivered late, over budget or with less than the required features and 24%* cancelled prior to completion, we thought it would be timely to revisit the fundamentals of Project Management. As with many things in life, pay attention the fundamentals and you will find projects are delivered more easily and with maximum results.
If you find the content of our podcast useful then consider our 2-day Project...
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Based on customer feedback, PM Partners has re-constructed its education and training structure with courses now neatly grouped into Professional Development Pathways.
A common question from our clients relates to which area of specialisation they should pursue to suit their project management skills and interests, which courses are relevant to them and which certification, accreditation or qualification should be obtained. The answer is now in our Professional Development Pathways.
For...
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Two years ago, Ergon Energy discovered PM Partners and its suite of training courses designed to provide real life education to today’s project management executives.
At the time, Ergon Energy Portfolio Manager, Julie Lee, was facing a challenge in improving the skills and knowledge of her business analysis team members, who were working in business change management and hence were running a variety of projects.
Ms Lee was attracted to PM Partners due to our IIBA Certification, which...
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Over the past year, PM Partners has surveyed 230 project management professionals in 135 organisations across most industry sectors to assess whether the five factors of Strategy Execution Capability are actually being implemented. The results are astounding and will be published next year in a special White Paper available on our website (advance copies available late November – see details below).
Our most startling discovery was that 87% of business stakeholders fail to communicate how...
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Earlier this month, PM Partners conducted a special project of its own – the complete re-construction of our website at www.pm-partners.com.au.
In response to customer feedback, we have made significant changes to our site's look and feel as well as its functionality. We’ve also built lots of fantastic new content areas.
As leaders in the project management industry, we have sought to make our new website even more valuable as an industry resource centre for information on current...
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Only a third of all projects were successfully completed on time and on budget over the past year – the worst failure rate recorded by the Standish Group’s CHAOS report.
PM Partners believes this is a direct result of project managers failing to implement scope control and failing to identify correct requirements as part of their project management methodology. Project management success relies on excellent planning and meticulous follow-up and assessment throughout its duration.
One...
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Welcome to the official PM-Partners project management blog! We're here to keep you updated on all aspects of project management developments within the Australian project management field. Our blogging goal is to get you thinking! If you like any posts or thought-pieces then tell us! – or if you feel up to it, call us for an in-depth discussion.
Thanks for stopping by and we sincerely hope you enjoy the official PM-Partners Group blog.
Warm Regards,
The PM-Partners team.
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The science of project management relates to the process – how a project is planned, executed and delivered, while the art is all about the people, their communication and how they work together to deliver a successful outcome.
A long running debate in our industry centres around whether people or process is more important. If you have good people, does that naturally lead to successful project delivery? If you have weak people, can they be trained up to achieve a project’s goals?
At PM...
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For developing project managers, one of the most frequently asked questions concerns the nature of the PRINCE2 methodology – what exactly does it involve and how can it better my project management practices?
The give you a little bit of insight into the history of the PRINCE2 course, the concept of PRINCE2 is a derivative of an I.T. project management methodology originating in the UK, which has since been adopted as a general project management methodology. Today, PRINCE2 is considered...
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The first project management office (PMO) is understood to have been established in the early 1980s by the US Army. They leveraged the concept of ‘the war room’ to oversee major programs and operations.
During the 1990s, events such as the Y2K threat created a growing need for PMOs, and although many PMOs exist today, it is important to recognise the following: The introduction of a PMO is a significant organisational change that needs to be carefully planned and aligned with your...
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