Project Management News Digest from PM Advisor

Project Management Office (PMO)
 

Benchmark Study Shows Project Management Offices (PMOs) Continue to Expand Their Influence and Become Strategic Resources for Firms

According to PM Solutions’ bi-annual benchmark study “The State of the PMO 2014,” three quarters of high-performing PMOs participate in their organization’s strategic planning, and help to improve the alignment of their organizations’ projects with their strategies and objectives by a whopping 53%.

 

5 Myths which are holding projects back – debunked

InsuranceNewsNet
The 5 myths debunked in this article on insurance news net are:
  1. Process trumps people,
  2. Execution is everything,
  3. Once the risk register’s done, it’s full speed ahead,
  4. You should never kill a project, and
  5. After budgets are set, new project ideas must wait.

MOD deepens its commitment to project professionalism

In this article at APM, Amy Reid looks at portfolio, programme and project management professionalism at the UK MoD.

7 ways to measure project management success

Tribe HR

Stephanie Reyes sees more to project success measurement than time and budget achievement:
  1. Budget,
  2. Timing,
  3. Scope,
  4. Quality,
  5. Customer satisfaction,
  6. Project team satisfaction, and
  7. Personal and professional development.

10 top project management challenges

According to Imran Zaman on the Daywatcher Blog these are the top 10 project management challenges – what’s missing in your opinion?
  1. Going grey (and other consequences of extreme stress),
  2. Keeping goals in sight and well defined,
  3. Getting caught-up in the details,
  4. Setting and meeting deadlines,
  5. Too many cooks in the kitchen,
  6. Poor communication,
  7. Changes along the way,
  8. Inadequate skills,
  9. No more money, and
  10. Setting your own expectations.

5 ways to think and act like an effective project manager

Chicago Now
Ryan Sievers believes that you don’t have to be a project manager to think like one, and benefit from their approach to project work.  Take a look at his 5 suggestions, which are:
  1. See the big picture, and sweat the details,
  2. Challenge assumptions, all of them,
  3. Understand the real timeline you are working with,
  4. Have supporting information in place and at your command, and finally
  5. Set and manage expectations.

Ahh, if only all project managers followed this advice!

Think Risks Like a Pilot

Flying Into Project Management
This is a fascinating opener as to how pilots need to handle risk in a changing environment, and encourages us to reflect on how more experienced PMs seems more adept at handling risk.  Food for thought.
 

Project Management in Business

The Project Manager Contribution to Marketing

Jerry Bauers looks at how the project manager is an essential part of the marketing team.

Strategy’s No Good Unless You End Up Somewhere New

Vijay Govindarajan on the HBR blog looks at the links between strategy, innovation and execution.  All too often we’ve seen great strategies wasted because they’re left in a folder until the next time the CEO thinks to update them.

Project Management for Engineers

Michael Bennett and Danny Ho have published a new book highlighting how project management is a core competency for all engineering disciplines.  The release details for the book can be found here.

Sustainability Starts with Project Management

Arras People
Antony Della Porta of Green Project Management questions whether an organisation can ensure that its strategy on sustainability becomes reality, and looks at PRiSM as the solution.

Project Management Tools

LiquidPlanner Raises $8 million

Smartsheet (see below) recently announced another $35m in funding and now LiquidPlanner is hot on their heels with another $8m according to Xconomy.  It will be fascinating to see how the PM Tool space will play out in the next year or so.  We’re expecting to see quite a lot of M&A activity.

Roundup of Tools for Creating Gantt Charts

This great post lists 15 tools that can be used as an alternative to Microsoft’s Project tool for creating Gantt Charts.  The tools reviewed are:
  1. DhtmlGantt,
  2. Two Project Gantt,
  3. Gantti,
  4. Ace Project,
  5. Team Gantt,
  6. Ganttify,
  7. Vertex 42 (template for Excel),
  8. WikiHow,
  9. Toms Planner,
  10. Open Office,
  11. Gantt Project,
  12. Gantt Chart,
  13. Teamweek,
  14. Smart Draw, and
  15. SmartSheet.

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