PMcrunch

Project cutbacks are a common theme. In many cases, teams are simply reduced in size. In addition, project scopes are decreased while agile methods are a key way organizations develop software more efficiently. The term agility goes far beyond that.

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Most of us as project and program managers are constantly looking to improve ourselves, our performance, our skills, and our influence on our respective organizations. There are some trends at work that I think we can tap into that can help us to do all of these things and more. They can help us to move our careers to the next level.

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Any project portfolio is likely to have a high degree of synergy among various projects. This is especially true of a portfolio of projects that make up a particular program. The challenge is how to best realize these synergies and to derive true value from them.

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We are living in an age of “standardization”. It seems that everything is standardized, from processes and procedures to management practices across the board. While we, as managers, try to standardize much ourselves in order to reduce error, create efficiencies, build a common vocabulary, and enhance communication, what happens when things just don’t seem to be working the way we like?

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There has been a tremendous amount of buzz more recently about PMOs, otherwise known as Project Management Offices. Here is what a select group of experts are saying about PMOs today.

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Thomas Edison was the quintessential mistake maker. He believed that the more mistakes he made, the more wrong answers and wrong solutions he could eliminate and, therefore, the closer he came to the correct solution to his problems. In management and on projects, on one hand, we seek to minimize mistakes but it is important to recognize when “mistakes” can actually be beneficial and produce positive outcomes. Indeed, we should not be afraid to make mistakes but rather should try to control and leverage the process. The project portfolio management process is an ideal place to formally do this.

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