Organizations initiate and execute projects for different reasons. Launching a new product, improving a process, legal requirements, and many other reasons can be the reason for initiating projects in an organization. In a medium to large organization, Project Management Office, also known as PMO, is the brain of the organization to lead, manage, and control […]
Category: Corporate
Project Cost Overruns – Reasons, How to Prevent and Manage
Companies initiate projects for several reasons. In a medium to large size organization, several departments might be working on different projects. The Project Management Office, also known as PMO, manages the initiation, execution, and successful project delivery in an organization. However, regardless of the influence of the PMO, project cost overruns are inevitable events that […]
7 Signs of Poor Project Management – Alarming Facts!
Projects are initiated for many different reasons. Creating a new product, legal requirements, customer requests, and technological advancements, just to name a few. No matter what the reason is, project management success is crucial for an organization to survive in the market. Applying best project management practices ensures completing projects on time and on budget. […]
Project Overruns Caused by Non-Project People or Business People
In many organizations, project managers or the project management team is responsible for the project’s success. Project Management Office assigns PMs, creates processes, documents, and governance for project management. While there are several stakeholders and roles that can affect project delivery, project management roles are considered as the main accountable for project success in many […]
Project Management Office – Structure, Roles, Functions, and More
There are several types of organizations and industries. However, they all have a common aspect: project delivery. Organizations initiate, execute, control, and complete projects to make a profit, sustain their business, and grow. There is a brain behind the project delivery mechanism of the organizations and that department is called a Project Management Office. The […]