Project Management News Digest from PM Advisor

Project Management Office (PMO)
 
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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

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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.

Project Management News Digest from PM Advisor

News Digest

Here is our latest summary of what is new and what is in the news for the world of Project Management.   In this digest we’ve attempted to group around subjects of interest to make it easier to find what you’re looking for.  Feel free to share whether this is helpful, or not.

— Project Portfolio Management —

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George Lawton of Search SOA has shared 2 excellent articles on Project Portfolio Management, and much of the advice is non-specific to the world of Service Oriented Architecture:

Project Portfolio Management Best Practices in the SOA Landscape

Search SOA

Why Portfolio Assessment Beats Project Focus for Development Projects

Search SOA

— The Project Management Industry —

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Project Management Generates Real Business Value

GlobalLegalPost

It seems Europe’s Legal Eagles have recognised that “Project management is one of the most important capabilities in an organisation for generating real business value, according to new research”.  The research by Mannaz points to the all important need for KPIs, objectives and roles & responsibilities.

Why PMI Should No Longer be an Authority on Project Management

PM Hut

An anonymous contributor to PM Hut challenges whether PMI should be (or indeed whether it ever was) an independent authority on Project Management.  This certainly stimulates the thought process as to what is behind the PMI current legal challenge to APM gaining the Royal Charter.

— Project Management Knowledge —

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How Timelines Help Project Managers Track Progress

Edge of Chaos Blog

This article looks at the value of timelines in the world of a agile, SCRUM, Kanban, SAFe, lean, XP or some mix of them.

A Project Manager’s Guide to Smiling

ProjectManager

Heading off to work with a smile on your face will create a chain of positivity for you and your project according to this intriguing post by Michelle LaBosse and Kristen Medina.  They argue convincingly that a smile and some humour can:

  • Reduce stress,
  • Encourage creativity,
  • Create authenticity,
  • Build mutual trust, and
  • Increase productivity.

Worth a try?

Keys to Building a Project Management Team

Hartford Business

Jim Pawlak reviews A Team of Leaders and the suggested 5 stages to team development.

7 Personal Qualities a Good PM Just Can’t Do Without

PM Hut

Michelle Symonds looks at the essential qualities identified in an ESI research paper:

  • The ability to inspire a shared vision,
  • Excellent communication,
  • Integrity,
  • Enthusiasm,
  • Empathy,
  • Competence, and
  • The ability to delegate.

Our favourite is communication as it encompasses the others.  What do you think is most important to succeed as a PM?

4 Options for Building your Project Plan

PM Tips

Elizabeth from PM Tips looks at the pros and cons of 4 different options for building a project plan:

  1. Spreadsheets,
  2. MindMaps,
  3. Documents, and
  4. PM Software.

10 Basics of Project Management

PMHut

Olga Sa shares 10 basic tips for project managers:

  1. Always keep the constraints of your project at the top of your mind,
  2. Always know the details of deliverables, milestones, budget and dependencies,
  3. Be nice but firm,
  4. Always document the project requirements,
  5. Organise the file repository,
  6. Communicate often and the right way,
  7. Trust, but double check,
  8. Update your financial forecasts weekly,
  9. Feedback frequency controls stability, and
  10. Share your experience with other project managers.

— Project Management Careers —

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7 Ways to Advance Your Project Management Career

CIO

Jennifer Lonoff Schiff summarises advice from dozens of experts, executives and recruiters into 7 excellent tips for advancing your project management career:

  1. Get certified,
  2. Remember that experience matters,
  3. Speak the language of business, not just project management,
  4. Don’t be a PM zealot,
  5. Don’t shy away from ‘hard’ projects (or give up when the going gets tough),
  6. Be clear about your career goals, and
  7. Play nicely with others.

— Project Management Tools —

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As always there are numerous developments in Project Management Tools.  Here are some that have caught our eye at PM Advisor recently.

Comindware Project Extends Professional Project Management to iPad Platform

Comindware

Comindware Project Edition is one of the first professional PPM Tools to extend its full project planning, execution and collaboration capabilities to mobile platforms.

Updatey v2 Coming Soon

Updatey

The guys over at Updatey have kept their feet on the gas since launching Updatey earlier this year.  They’ve recently announced the forthcoming release of version 2 which is expected to bring 3 new sections:

  • Project Management View,
  • Global Dashboard, and
  • Clien Report.

Podio Re-Design – Citrix Dumbing Down?

SmallBizTrends

Shawn Hessinger looks at whether the newly announced changes to Citrix Podio makes project management simpler for non-Project Managers.  Of course that in turn begs the question – should non-Project Managers be managing projects, let alone setting up project collaboration tools.  We’d love to understand your views.  Please share your thought below.

Tom’s Planner Gets a New Look & Feel

Tom’s Planner

Hot on the heels of their ability to import Basecamp projects, Trello Boards and Google Calendars, which came from their purchase of Gantiffy, the team over at Tom’s Planner have freshened up the look and feel of their increasingly popular tool.

Project Management News Digest w2 2014

2014Well here we are, and it’s 2014 already. We would like to wish all of the PM Advisor clients, readers and contributors a healthy, wealthy and successful 2014, all delivered on time and within budget of course.

Here are some of the news stories that have caught our eyes over the holiday season and since returning to the office.

There will be another Digest posted later this week so don’t forget to bookmark PM Advisor and stay up to date with the latest comings and goings in the world of project management without having to waste valuable time surfing around.

ESI Top 10 Trends in Project Management for 2014
ESI

ESI have published their eagerly awaited Top 10 Trends for 2014, which this year are:

  1. Agile expands in Singapore, Japan and Hong Kong.
  2. Portfolio management continues to take center stage with PMI’s new credential.
  3. Whether they like it or not, project managers are learning to learn through virtual learning.
  4. EPC companies admit they didn’t invent project management and seek professional help.
  5. Think implementing one PPM tool was hard? Companies now need two!
  6. Servant leadership makes a comeback, and not just in Agile.
  7. Benchmarking takes on greater urgency as competition heats up.
  8. Organisations, dissatisfied with their project management performance, will radically change their approaches to get back on track.
  9. Even with high unemployment globally, key project management jobs will remain hard to fill.
  10. Project and programme managers will be asked to spend more time “leading” rather than “managing” their teams.

Project Management Trends to Watch in 2014
TechRepublic

Andy Maker considers things from an IT Consultant’s perspective, and sees the 5 top trends for Project Management in 2014 as:

  1. PM roles continue to develop in the business function,
  2. More project schedules will move to the cloud,
  3. Online collaboration tool adoption will increase,
  4. There will be more reliance on resource management, and
  5. Distributed teams will continue to grow.

Employment Trend: Project Management Remains Strong Career Option
Financial Post

Reflecting on the 2013 PMI Salaries Survey this article observes that the survey corroborates the findings of PMI’s 2013 Project Management Talent Gap Report, which indicates a significant upward trend in compensation for project professionals, fueled by projected growth. Is this your experience?

The Role of Governance in Project Management
Business2Community

Kjell Rodenstedt provides an excerpt from the book Governance, Project Portfolio Management and PMO – the art of creating value for organisations (currently only available in Swedish).

5 IT MegaTrends that are Changing the PM Profession
IT World

Eric Bloom lists his view of these “megatrends” and their impact on project management:

  1. Cloud computing,
  2. Bring your own device (ByoD),
  3. Server consolidation and virtualisation,
  4. Social media, and
  5. Big data.

Top 5 PM Podcast Sites
projectmanagement.com

Take a look at the the “top 5” PM Podcasts:

  1. PM Podcast,
  2. People & Projects,
  3. The Sensible PM,
  4. Ricardo Vargas, and
  5. Guerilla PM.

Eight Resolutions for Better Project Team Collaboration
TechRepublic

Will Kelly explains why for better team collaboration you should:

  1. Decentralize the management and administration of the collaboration platform,
  2. Centralise team task management in the cloud,
  3. Establish and follow an enterprise collaboration plan,
  4. Move one email-based workflow to the collaboration platform,
  5. Move one group communication from email to the collaboration platform,
  6. Make collaboration more social,
  7. Integrate your platform with Microsoft Office, and
  8. Change collaboration platforms.

The Must-Haves of Establishing a PMO
PMI

Mário Trentim looks at mission, vision, stakeholders, functions, metrics, continuous improvement, and focus.