7 Reasons Why You Should Want to be a Project Manager (PM)

27 July 2015
pm-training

Project Managers are highly coveted positions, especially in the IT sector. If project management is something you’re considering as a career path, you’re definitely on to something. It is both a highly challenging and highly rewarding career path. And here are the top 7 reasons why: 1. Leading a team: Hands down, one of the most rewarding aspects of being a PM is the satisfaction that comes with leading a team through a project, from idea to completion. If you develop a holistic approach to managing both a project and a team, being a leader is not only rewarding for […]

Ready for an Enterprise Project Management Solution?

20 July 2015

Many companies, from smaller start ups to multinational corporations are embracing the importance and the inevitable need of project collaboration and/or project management solutions. As organizations grow and systems become more intelligent, the days of organizing tasks through excel spreadsheets are becoming a memory of the (very) distant past. The question is, when is your business ready to adopt a more comprehensive solution, such as an Enterprise Project Management (EPM) Solution? If these points sound all too familiar, then it may be time to consider an EPM! *Your company manages multiple projects simultaneously This an excellent place for your business […]

The difference between Project, Portfolio and Program Management

13 July 2015

It’s not uncommon for an overlapping use of terms when it comes to project, program and portfolio management; and they are often interchanged with the assumption that they describe similar processes. But in fact, the three terms describe three very different practices. If we were to put them into a visual representation, it would look like a pyramid, with Projects as the base, Program Management as the middle layer, and Project Portfolio Management at the top. This is not because one type of management is more important than the other, but rather that each management requires the inclusion of its […]

The Importance of a Project Management Office (PMO) and Who Needs One

5 July 2015

Project management office (PMO) is a buzzword that’s been gaining a lot of popularity and attention. It’s a word that many organizations are gravitating towards and with good reason. However, the question of who needs a PMO and when it is most valuable for an organization, is an important one to ask. The PMO is a department or group within an organization that defines the standards and processes for project management. The most effective PMOs reflect the culture and strategy of its organization and are important for establishing (and maintaining) consistency, efficiencies and management of costs. While these departments can […]

Learning Fast & Failing Forward

29 June 2015

While many organizations and PMOs are realizing that “failing fast” is a smart approach, New Product Development (NPD) has been doing this for years, and doing it successfully. They refer to the process as Stage Gate, where ideas are turned into products; to sum it up the stages are “Activities” + “Analysis” = “Deliverables”. The reason that NPD has adopted this practice is that engagement levels and investments (both monetary and time-wise) are so high in product development, that they need to fail & learn fast before going too far – otherwise the loss would simply be too high. So […]

The Conclusion: PM Software is from Mars…or is it Venus?

22 June 2015

To wrap up this series (of parts 1, 2, 3, 4, 5, 6) I’m putting together a cheat sheet for anyone who wants to take a look at this crowded and diverse market of over 300 PM & PPM software options. The variety in project management software categories and the features they offer can make purchasing the ideal solution a difficult process. It is important to have a clear picture of the capabilities of each type of software and which solution will improve both your business and your projects. To tie it back to the example in the first blog […]

Part 6: PM Software is from Mars…or is it Venus? What is Professional Services Automation

15 June 2015

Continuing on in this multi-part series, with parts 1, 2, 3, 4 and 5 complete, we now arrive to the discussion of Professional Services Automation software. In short, Professional Services Automation (PSA) can be considered like an ERP software for service organizations. PSAs are a separate entity from all other project management softwares, since they are specifically designed for the service industry. It is a solution that will help RUN a professional service business from end to end. This type of software came to exist for the purpose of linking the front office of a service business (the clients), to […]

Part 5: PM Software is from Mars…or is it Venus? What is Project Portfolio Management

8 June 2015

Part 5: PM Software is from Mars…or is it Venus? What is Project Portfolio Management Continuing on in this multi-part series, with parts 1, 2, 3 and 4 complete, we now arrive to the discussion of Project Portfolio Management software. Project Portfolio Management (PPM) is a top down approach to strategizing projects. Our last blog covered Enterprise Project Management (EPM), which focuses on the daily management of multiple projects from the bottom up. Conversely, Project Portfolio Management is the evaluation of projects from a top down view, with considerations such as, which projects will be prioritized, de-prioritized, which to start […]

Part 4: PM Software is from Mars…or is it Venus? What is Enterprise Project Management

1 June 2015

Continuing on in this 6 part series, with Parts 1, 2 and 3 complete, we now arrive to the discussion of Enterprise Project Management software. Enterprise Project Management (EPM) is the daily management of multiple projects, simultaneously. In our previous blog, we focused on the notion of Project Management, which to some degree can be thought of as working within a vacuum, with a single project focus. Comparatively, Enterprise Project Management softwares takes a holistic view of multiple projects. Below is an excellent definition of EPM by Genius Project’s Director of Product Strategy: “Enterprise Project Management takes a holistic approach to managing […]

Part 3: PM Software is from Mars…Or is it Venus? What is Project Management

25 May 2015

Continuing on in this 6 part series, with Parts 1 and 2 complete, we now arrive to the discussion of Project Management software. Of all the categories in the PM & PPM Universe, Project Management software is by far the most difficult to navigate. The reason being that every solution, no matter how simple or complex and regardless of what project management tools are actually offered, slot themselves into the PM software category. It is undoubtedly the most commonly used term to describe ALL the categories of PM & PPM software. Marketers are well tuned into this trend and do […]