How To Create an Effective Project Portfolio Management Governance
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Roadmap To A Successful Project Control Governance
Designing and implementing good project control practices require a comprehensive and collaborative understanding approach that involves various stakeholders and needs full commitment until completion. This approach guarantees successful implementation and ease the challenge it might face during execution which is very expected and normal from the old guards who used to the old systems or benefit from it. From different projects experience on different implementations, I suggest the following steps to be considered during designing the policies and governance of the […]
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How many Details do you need in your development schedules?
From day to day work and experience I have this lesson learned to share with you. Once one of the planning managers had a view that detailed construction schedules on an early development stage, where we are still in the early stage of studies and concepts, is just wasting the focus of the planning team on confirming what had been considered completed and becomes clear on (what, why and how) we are doing the works and the uncertain works. The […]
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Fighting Corruption In Construction Industry
The USA, Department of Justice, Office of Public Affairs released the following on 14th Nov 2022 “A construction company owner became the third person to plead guilty for his role in a bid-rigging and bribery scheme involving California Department of Transportation (Caltrans) improvement and repair contracts. According to a plea agreement filed today in the U.S. District Court for the Eastern District of California in Sacramento, Bill R. Miller engaged in a conspiracy, from April 2015 through at least December […]
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Bidding Project Portfolio System
Winning new projects nowadays is very tough considering the market conditions and high competition. To compete successfully, businesses must have a clear understanding of their industry, the competition, and their customers. They must also create and implement strategies to differentiate themselves from the competition. This can include having a unique product offering, providing superior customer service, offering competitive pricing, and utilizing effective marketing and advertising tactics. Additionally, businesses must stay on top of industry trends and be agile in responding […]
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Cost Management For Contractors
Cost management is more crucial to the contractors than other parties during contract execution. Some contractors are still in the dilemma on working on huge unsecured excel sheets and late reports from site and misalignment between the construction team and the head office departments which support and monitor the project. EVM system is on tool to monitor the cost and profit on real time every single day using Primavera P6 EPPM system. Earned Value Management (EVM) is a widely used […]
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Project Charter
The project charter is an important part of the project development. It is the first control ground for the project. If the project doesn’t have a project charter, the project owner is missing a very important control of the project. Having an approved project charter / brief means that the project manager and the board are: 1- Understand and agree the terms of reference of the project. 2- They are willing and able to commit their time to the direction […]
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The Project Director / Manager Governance
Most certified project managers know about project governance. However, some of them would have different understanding of their liability when a project doomed as failed. For the experienced project managers, when they take over a project, they will ask about the used project’s governance model. Usually, the relevant department will give the governance system to them to apply and comment. Most of the time, they are worried about its practicality and applicability. In PMI Global Congress 2015 – North America, […]
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Do You Apply The Right PPMO Methodology?
In today’s market challenges, many organizations adopt a shared resources concept with the belief that they are employing project portfolio management (PPM) offices. However, this belief is a fallacy that often starts when they consider shared resources as the critical component of PPM. This misconception is harmful to the organization’s productivity, leading to a backlog, unclear policies for service and project demands inclusion in the portfolio, resource depletion, and ineffective management of projects. To determine if your organization suffers from […]
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How Old Are You In The PPMO Maturity?
How old are you in the PPMO maturity? The integration maturity of Project Portfolio Processes with Business Processes is the core of a successful PPMO to achieve the business goals of selection the right projects and delivering the projects according to its established goals. This article is a an important to read to understand the organisation maturity to manage expectations and to do the right implementation planning. This article is discussing , the project portfolio management office (PPMO) maturity levels […]
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Project Controls Vs. PMO
In the world of project management, there are several different terms used to describe the organizational structures that oversee projects. These terms include project control departments, Enterprise Project Management Offices (EPMOs), Program and Portfolio Management Offices (PPMOs), and Project Management Offices (PMOs). While each of these structures serves a similar purpose, there are some key differences between them that are important to understand, particularly for contractors and developers. Project Control Department A project control department is a centralized unit within […]
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