Governance committees that actually work
Successful companies rely on tightly scripted meetings, objective analyses and decision frameworks to unite executives around a common vision.
Successful companies rely on tightly scripted meetings, objective analyses and decision frameworks to unite executives around a common vision.
Consider this scenario. A government department charged with delivering the IT component of a massive infrastructure program recognised complexity caused its $3 billion project environment to perform in, at times, mystifying ways.
To bastardise author Jane Austen, “It is a truth universally acknowledged that a well-heeled client in possession of a good cash flow must be in want of an expensive consultant.”
Companies invest heavily in projects and they do so for one compelling reason: their ability to compete might depend on it. However, their ability to execute these loftier ambitions is sometimes hindered by poorly functioning, costly and process heavy project portfolio management (PPM) environments.
This vendor-written tech primer has been edited by Network World to eliminate product promotion, but readers should note it will likely favor the submitter's approach.
“Bimodal” is the buzzword, and buzzworthy it is. In project management, the custom has been to choose one execution model (waterfall, agile, Six Sigma, etc.) over another to implement across a PMO. Not so today. Bimodal project management is changing how projects are executed. Instead of having to choose one practice over another, it’s about implementing more than one method across an organization – allowing PMOs to choose what methodology is best suited by project.