While there are similarities between a project manager and a project portfolio manager, they’re different positions with different responsibilities. Let’s take a look at what a project portfolio manager is, what skills and education the position requires and end with…
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There are many project management software products available on the market. Many of them are good and only some are great. It’s a matter of finding the right fit for your business needs. Let’s take a look at one of…
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Project management and program management are two very important disciplines that help organizations execute projects and achieve their goals. If you’re involved with either projects or programs, it’s important to understand the difference between them. What Is a Project? A…
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A PMO, or project management office, can be an internal department or an external group or agency that defines and maintains the standards for a company’s project management. There are three types; supportive, controlling and directive and each has varying…
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Having many projects to manage in a portfolio can be daunting. You need to strategize and plan your resource allocation to ensure that every project has what it needs when it needs it. There are many ways to do this…
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One of the big challenges any organization faces is aligning its strategic planning and business goals with the projects it takes on. In small organizations, project prioritization isn’t always critical. On the other hand, in larger organizations, there can be…
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There’s a lot riding on what project your organization moves forward with, especially if you’re managing a program or portfolio. The investment of money, time and effort can be huge, not to mention determining where to allocate your resources. The…
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A program director is an essential position that oversees projects. They can be found in nearly every type of industry but are most common in business and healthcare. But how do you go about hiring a program director that will…
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Projects need management. Much of the focus of project management is obviously on methodologies that keep your project on time and within budget. But you don’t want to initiate a loss leader. That’s where project selection comes in. Project selection…
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It’s hard enough to manage one project. Every single project is really hundreds of smaller projects to control—it takes so much time and energy to deliver just one project on time and within budget! That’s why multi-project management is a…
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What are the benefits of adopting project portfolio management? There are many, especially for larger companies with multiple projects, and Jennifer Bridges, PMP, shows you five in this video. Here’s a shot of the whiteboard for your reference! In Review…
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