Take this year end project management survey to receive some tips to thrive in the new year.
Year-end planning is in full swing and the calendar days aren’t turning any slower.
Take this fun survey to get some helpful tips on how to get ahead of the demands, projects and programs for the next year.
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What do you find most stressful about the end-of-year business planning season?
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Ironically, the main reason we take on a new project – financial performance – is often the least tracked KPI in an organization. That’s simply not a sustainable model in today’s business-agility-driven world.
Here are a few tips to address the problem:
The role of the PMO is changing. Now, you have to be fast and agile, not methodical and risk-averse. Able to adjust to new demands in days not months. Track data in real-time, not quarterly. Juggle budgets and resources in midair, not at the end of the year.
In short, you have to be modern. Here’s how:
Your organization may be running dozens or hundreds of initiatives. And you need to ensure that your team’s efforts are strategically aligned to produce the best results. That means avoiding wasted resources while helping individuals excel both in their roles and as part of a high-performing resource management team.
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What do you see as your biggest challenge?
How often do you get together for business planning?
What’s the PMO’s impact on business planning?
• Connect all your data sources to one solution.
• Introduce self-service reporting tools.
• Display results on easy-to-read dashboards.
To succeed today, anything less than real-time access to real-time project data is too slow. While you sit around waiting for the information trickling in on spreadsheets, emails and smudged napkins, the competition is already making decisions about the future.
Here’s how you can get ahead:
• Plan and track finances as carefully as time, resources and other constraints.
• Look at all aspects, including capital and operational expenses, direct and indirect costs.
• Assign financial experts to each project.
• Replace complex workflows intuitive resource requests processes.
• Promote collaborative negotiations for resources.
• Find the right person for the job with more precise search tools.
• Focus on results, not processes.
• Act on data, not anecdotes.
• Work like a startup, not a conglomerate.
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