Method123

Project Management Offices (PMO) are defined by their ability to deliver value to their organizations or clients. As PMO organizations mature it becomes harder for them to demonstrate their business value to the organization. Below, we have identified 5 things that PMOs should be focused on to get themselves to the 'next level' of maturity and business value. 1. Make sure you can deliver clear, measurable objectives beyond ROI We have observed that many project proposals are submitted to the PMO organization -- complete with management approval and funding -- but without any clear measurable business objectives. By insisting that such measurable objectives be a required part of the business proposal, the PMO not only adds value to the organization, but can also save the PMO trouble down the road, when the lack of specificity in results becomes a sore point. 2. Speak the Language of the Business Make sure that the justification for a project is consistent with the business strat...

When the reference to an enterprise project is made, it usually means a very large and complex project is the focus. Because of the extreme complexity of this size of project, a new type of program was needed. For most practical purposes, an enterprise project will occur in large companies or corporations. The main reason is that they have the necessary resources to pull together everything that is needed for a project of this size. Examples can be nuclear reactors when they were being produced, or large hydroelectric dams. As companies grew greater in size, the need for an even larger, compactly enterprise project programs were needed. No longer were these programs designed to handle just one large project. With the capability of handling multiple enterprise projects at once, the size and complexity of the programming itself grew. Developing the new enterprise project programs takes considerable time due to the vast number of additional programs needed for it to work as designed. A...

Every organization will have to deal with projects that are under-performing, over budget, behind schedule -- in a word troubled ! We identify 2 very specific things that organizations need to do in response. The first is immediate and the later is a more systematic response to prevent projects in the future from becoming troubled. 1. Deal with Troubled Projects Head On When a project gets in trouble, too often, the first tendency is to extend the deadline and spend more money on it in hopes of getting it finished. This is a bad idea, especially if the situation occurs late in the project's life cycle. Ideally, early on, the PMO leader should develop a basic list of conditions that will trigger an investigation into whether a project is in trouble. Usually, a "consensus" on trouble inevitably will emerge, but it often occurs too late in the process. The primary means of addressing troubled projects are: Re-scope : Assess if there is value that can be derived from the p...

The methodology behind the enterprise project plan has not always been the same. This concept was first used for only large scale projects because of the vast amount of resources and data that were included in its execution. Today that has changed with what is necessary for acceptance by the global market place for even a limited production run of a deliverable. The enterprise project plans have always had to adhere to international standards as part of their acceptance criteria. With the numerous regulations of the global market place, these same standards are now required be any manufacturer in the world. This is due to the fact that most organizations no longer have a limited target audience to their geographic region. By using the internationally accepted standards as part of the framework for their projects, acceptance is more widely given when entering a new market. The details and path the enterprise project methodology of the past are now common place in the business world. ...

By using an enterprise project program to your advantage your organization has already taken a positive step to helping this business venture to succeed. To do this the project must be in budget and delivered on time. The goals and scope of the stakeholders must also be fully met. To make sure your enterprise project meets expectations it must use a formula involving a methodology that has repeatable processes for continuously producing positive results. This is made possible by using a well constructed methodology that is based on internationally accepted standards like Prince2 and PMBOK. While this alone will not guarantee your business venture will be a success, it will improve the odds considerable in your favor. An enterprise project methodology will include the necessary project management tools for the manager to use. This will include the software for the creation of the project plan. By using a project management template program that contains all nine process involved in th...

When using an enterprise project management program you are organized and prepared for any transition your project might need to become a success. The main reason this type of software program was developed was so a single system could properly and efficiently handle a large scale project that an organization was placed in charge of. As time progressed out of the 1990’s, the enterprise project management programs began to expand their purpose. This was due to how the users implemented the different tools they were provided with when they made a purchase of this kind of software. This went so far as to have the ability to incorporate a specific methodology into the programming so a tight focus on just how a project was to be managed and completed could be made possible. The demands from the global market place have also had an influence on the Enterprise Project Management programs. The need to recognize and use the internationally recognized standards became apparent. This is when the...

The use of the term enterprise project plan was intended to emphasis that the project itself was on a large scale and very complex. While this is still true, the software to conduct the enterprise projects has found other uses. More and more managers as now using programs designed for use with an enterprise project on a vastly smaller scale. What was noticed is that this type of programming included more details that had been previously left out of those intended for a smaller scale project. Because of the popularity of the enterprise project plan programs, the newer software that has hit the market are now compatible to handle any size project no matter how large or small. This allows for any project manager of any size company to use the same program for their projects. There are some managers that still prefer to use the enterprise project programs for their business ventures. Many of them do it because of the comfort level they have with their existing program. This is similar t...

The proper deployment of an enterprise project management system will help your project manager perform their tasks to a more efficient level than ever before. This is a large scale program that can be mounted on a large computer system that can utilize different components from many manufactures. This alone helps to reduce the cost and increase the system compatibility by matching up the components that work best together. When installed properly the enterprise project management system will help the project manager monitor, manage and intervene when appropriate in the projects they are leading. The use on multiple projects is not in the original design of the programming, but as with most software designs, it has evolved to this level to meet the demands of the business world. The standards and principles you follow with your enterprise project management system are very important. The business world has globally accepted the PMBOK and PRINCE2 methodologies, so your project manage...

The use of enterprise project programs has been to help deal with the complexity and complicated structure of large scale operations. Many in the vertical industries think this is an exclusive feature of their business sector, but it is proving to be a fallacy. In most cases the enterprise project program does offer greater variables to the project manager in terms of size and detail, but this can be debatable to those in other industries. No longer is this an exclusive term or program for large governmental contracts. The term enterprise project program can now be applied to the manufacture sector in greater numbers because of the ever expansion of the global market place. This does occur when a new product become available to the market in which there is only one supplier. When the demand grows exponentially for a product, so does the need to larger manufacture plants and coordination with their party vendors. The enterprise project programs allow for this and can help make the tra...

The reason the enterprise project management programs were to handle the needs of the large scale projects and their particular needs. While all projects require the same core components, the enterprise project management programs do have additional needs to handle the large volume increase of the project. This will include the number of raw material suppliers, and components of the project. The enterprise project management programs will also have other items that are not always present in smaller scale operations. The most notably of these is the hiring or assigning of tasks to third party contractors. These have to be handled differently that with other project team members. A few of the biggest differences with third party contractors are they are paid in a lump sum rather than for each individual worker. As the main contractor, you will also lose some management control over their processes. That is why there is an additional quality plan needing to be created from the enterpri...

The term enterprise project is a typical reference to a large scale plan that is to be undertaken by many subcontractors. While the initial design and formulation of the project plan itself is from the base contractor, there are many different firms involved to successfully complete a project of this magnitude. The reason a enterprise project software program is used by a company is to help them meet the deadlines of the project in the most efficient manner possible. This gives them the best chance of having a successful project. The use of an enterprise project process ensures the manager that they are following a known path that has resulted in success in the past. When dealing with large scale projects, the need to follow this type of known plan is important. They small details that could trigger a delay or bottle neck have already been identified with solutions provided if they occur. By using the enterprise project plan, the manager will also be able produce a deliverable faste...

When you are involved in the enterprise project management level of a business, the stakes are extremely high. This is true at all levels of business and size business, but the enterprise is label as such because of the extremely large scale of the project that is involved. To begin with, every enterprise project management must be set to industry standards so the framework of the project is universally acceptable along with the deliverables it will be producing. This all begins with the correct methodology that fits your business profile and the facility in which you will be creating your project. This methodology will include the different phases of initiation, planning, execution and closure. One of the things the enterprise project management approach will clearly define for the manager is the Work Breakdown Structure of the proposed project. This allows the manager to know just what is involved, when it become relevant and how all the pieces are to fit together to conclude the ...

The enterprise project is what the industry calls a large and very complicated project when it is undertaken by a business. These projects are on a larger scale than a typical one and many times involves multiple sub contractors. In the early days of large public works projects, the term enterprise project began to be used since the scale was so immense. One of the early examples would be the Panama Canal and the Hoover Dam. Both of these were constructed and completed before the days of the computer. Today, the same process that involve the planning and guiding of such a vast enterprise project are made easier to manage with the use of the enterprise project management program. This is the most reliable way to have a consistent return of investment for your project that is predictable while making sure your project is a success. The methodology behind this type of enterprise project program has a proven track record that helps to increase the efficiency on the delivery of a project o...

When at the enterprise project management level, more is demanded by the project manager. Because of the vast financial resources that are placed into this type of venture, the delivery of the projects deliverable must be on time and in budget so the expectations of the shareholders are met. The use of enterprise project management programs is on a larger scale than what was expected from a project in the past. This has come about because the market has changed. No longer are businesses just worried about supplying their local communities with a product that is of better quality than their competitor, if one exists. Today business are participants in the global market that has stiff competition from other parts of the world. The use of enterprise project management is necessary to help even the playing field with your global competitor. In every part of the world, the competition has certain advantage that only exist there. In the Far East the advantage is the low cost of labor. Thi...

The enterprise project management or EPM programs are a very specific type of programming used in the business world. When it was first introduced, an EPM program was designed to only handle one project at a time. Over the years, it has developed into a multi project program. The purpose of enterprise project management is to monitor, manage and evaluate the current status of each and every project that an enterprise consists of. This system is intended to be used by large corporations that have large scale projects too numerous for a standard project management software program to handle. Included in the newly developed versions of the enterprise project management programs are the methodologies of PRICE2, PMBOK or the principals of IPMA to be used as a guide for industry wide acceptance. This will also give the companies that utilize this type of program a baseline for their project managers to judge their success and allow for certification of their projects. The developers of th...

The basic elements of a project are resources , time, money and scope. These four elements are reciprocally connected with each other. Hence, a project manager must be able to manage these elements altogether in making up project management methodology . The resources will include the manpower that will do the assigned tasks to complete the project; and the necessary equipment and materials to be used in pursuing the work. The time pertains to the period during which the work has to be performed and the estimated date when the project will be completed. The money refers to the budget; how much you allot for the costs and contingencies as well as the profit you expect to gain. The most important element in project management is the scope. In fact, the scope has to be considered in all stages of project management methodology . The scope refers to what the project aims to accomplish. As a project manager you are expected to meet the scope of a project in relation to the timeline, budget...

Activity Online Project Management Matrix for the Update Plans Service Using an activity matrix ensures that all the work necessary to provide the service is completed, that all work is properly checked and approved to ensure quality, and that there is no duplication of effort. The level of effort required for the Update Plans Service will vary greatly from one company to the next. It can be an intensive manual process requiring a large full time staff, perhaps ten or more people. Or, it can be a nearly automated process requiring part-time attention by two members of the PMO. Here are some of the factors involved with the project plan.

Project Management Professional Enquiries and Answers What is the latest version of MPMM Project Management Professional? The latest version is 4.4.0.16 - but there are a few changes between previous versions. Is this version aligned with the new PMBOK 4th Edition? Mostly yes. You can have a look at how it is aligned here http://www.mpmm.com/project-management-best-practices.php Do you have a change log which highlights the changes from previous MPMM versions? Yes we have one internally, but it's confidential as it logs all of the bugs fixed and architectural changes. What is the release date for MPOM? It seems to be in developer for a very long time now. Could I get access to alpha or beta content if available? We have not been able to start it, because our site Project Manager.com has taken off, consuming all of our spare resources. It is unlikely that we will be able to start it until early 2010.

Q: How is the enterprise version deployed? A: You can download and install the project management software , from the MPMM website. Either you can install it in stand-alone mode, or in shared mode. In shared mode, you will all access a common database. The database installation is handled when you first install the product. Usually, IT support are not required as it doesn't require any special privileges on the server to install it. Q: Are there any limits on number of persons who can use the system at the same time, e.g. in a large training session? A: The database uses the Microsoft Jet Engine, which we are told can handle up to 200 concurrent users, however this volume of concurrent users has not been tested. It's fair to say that most people that purchase MPMM Enterprise should not have a large number of people whom access the content concurrently. Instead, they have purchased it to be able top publish the content on their intranet - for which they can have as many people a...

Since we released MPMM Project Manager Enterprise last Christmas, we've received a huge number of enquiries from customers and resellers. To ensure that you're up-to-date with the latest reseller info on this edition, I've listed here the most popular reseller FAQS. Please read them. Q: Where can I read about MPMM Enterprise? A: Visit this web page: http://www.mpmm.com/project-management-enterprise.ph Q: Do you have a video that we can watch, to see it in action? A: Yes, we have just released a new video on MPMM Enterprise. You can watch it here http://www.mpmm.com/MPMMEnterpriseVideo/MPMMEnterpriseVideo.html Q: Can I collect payments for Enterprise license sales? A: No. We will manage the payments collection and commission distribution process for you. Q: Is the Enterprise Edition price fixed? A: Like all our products, you have the right to sell them at whatever price you choose. However for the Enterprise edition, because it has an open organization license, the minimum ...