Cloudbyz ITPM July 2017 Release Overview

Cloudbyz PPM July’17 release bring exciting new features that users requested and will find extremely useful. We have also fixed certain issues related to export of project schedule to MS Project. New Features: Timesheet The Timesheet functionality which is typically the one used by all users in an organization is revamped with a simple to Read more about Cloudbyz ITPM July 2017 Release Overview[…]

How to Measure Projects Success: Successful vs. Troubled vs. Failed Projects

By Jamal Moustafaev, MBA, PMP – president and founder of Thinktank Consulting Traditional Models There are a lot of rating models out there that attempt to define project success or failure. There is the traditional one: Success: Finished (more or less) on time, within budget and met all requirements Challenged:  Reaches conclusion, but with cost overruns and Read more about How to Measure Projects Success: Successful vs. Troubled vs. Failed Projects[…]

Project Portfolio Management – The Role of the PMO

By Jamal Moustafaev, MBA, PMP – president and founder of Thinktank Consulting The role of the PMO in the project portfolio management process can be generally divided into two domains: project prioritization and selection as well as project management and monitoring (see Figure 1). Figure 1 The first role of the PMO is to act as a Read more about Project Portfolio Management – The Role of the PMO[…]

Why Should You Try to Generate as Many Project Proposals as Possible

By Jamal Moustafaev, MBA, PMP – president and founder of Thinktank Consulting A great American scientist and a 1954 Nobel Prize in Chemistry winner Linus Pauling once said, “If you want to have good ideas you must have many ideas. Most of them will be wrong, and what you have to learn is which ones to throw Read more about Why Should You Try to Generate as Many Project Proposals as Possible[…]

Project Portfolio Management: How to Maximize the Number of Project Proposals?

By Jamal Moustafaev, Thinktank Consulting  One of the first steps to collecting the maximum possible number of proposals is to make the submission process simple. One of the tricks used by some of my clients was to publish the finalized version of the scoring model on the company Intranet that was accessible to all company employees. Another Read more about Project Portfolio Management: How to Maximize the Number of Project Proposals?[…]

Government Sector Project Portfolio Management Summary – Infographic

by Jamal Moustafaev, MBA, PMP – president and founder of Thinktank Consulting I have got some exciting news today! My third book “Project Portfolio Management in Theory and Practice: Thirty Case Studies from around the World” has just been released by Auerbach Publications. So, to commemorate this event, I will be publishing a series of infographics dedicated to project Read more about Government Sector Project Portfolio Management Summary – Infographic[…]

Five Uses of a Prioritization Scoring Model

By Tim Washington, Point B Project prioritization is one of the most common topics in portfolio management literature. Within the context of project prioritization is the matter of scoring models because scoring models are the most widely used approach to prioritize projects. Although there are a lot of opinions on the effectiveness of common scoring models, they Read more about Five Uses of a Prioritization Scoring Model[…]

The Purpose and Goal of Prioritization

By Tim Washington, Point B Prioritization is about focus—where to assign resources and when to start the work. It is not about scoring methods and ranking mechanisms.  Without defining project priorities, it is difficult to effectively distribute personnel to carry out the highest valued projects. Project priorities enable management to assign their employees to the most important projects. Gaylord Wahl Read more about The Purpose and Goal of Prioritization[…]

Strengthen Talent Management With PPM

By Tim Washington, Point B Is It Just About Talent Acquisition? When people refer to the “war for talent” many discussions center on talent acquisition and try to answer the question “how do we hire the best people?” Although talent acquisition is important, talent development and retention are also very important (you want to keep those great people Read more about Strengthen Talent Management With PPM[…]