Project Management

Why Power Plant Projects need Real-Time Status Updates

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Information is one of the core pillars underpinning every successful project. With the evolution of technology and more compute power available than ever before, there’s little reason centers of excellence should continue to rely on data that may be days or even weeks old when it comes to identifying potential issues, forecasting activity schedules, making strategic decisions, and pouncing on opportunities in the marketplace.

A robust project management methodology enables the team to access the kind of real-time status updates that are critical to success. If your PMO hasn’t yet prioritized the use of real-time data, consider how it could improve the landscape for team members, executives, and the other stakeholders involved in the effort.

Technology Gotchas (and Solutions) for Power Plant Project Managers

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Technology has invaded nearly every corner of the business world, with tools such as robust data analytics driving more strategic decisions than ever before. For power plant project managers, technology has created a few challenges along the way. Fortunately, with the right approach, project teams can overcome these gotchas and take advantage of everything technology offers.

Partnering with an External Consultancy: Facts & Fears

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Executive groups and internal project team members are often unsure what it means to partner with an outside project management firm. There may be concerns about job stability for PMO staff or the potential for damage to the team’s reputation. Some people worry about the logistics of working with an external expert and how it might contribute to a difficult environment, where workloads, time pressures, and stress levels are already high.

These are reasonable concerns but they’re typically based on the unknown. They don’t reflect the reality of partnering with an experienced outside consultancy. We’ve compiled some of the most common fears we hear from potential clients and balanced them against the facts of how a relationship with an external expert functions in the real world.

If your organization is considering an external consultancy but fear is holding you back, see how a partnership with an outside project management expert really works.

Project Management: Stress Vs. Panic

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Several strategies can be deployed to help PMOs avoid lapsing into panic when the pressure mounts, whether it’s because of an emergent problem or because there simply seems to be too much to do. Knowing where to draw the line is key when balancing stress levels.

Protect Your Brand with Project Management

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Careful management of company funds, close alignment with organizational goals, transparency throughout every communication, and the delivery of a high-quality product are all factors behind your brand’s reputation. Is your project management approach helping to preserve and promote that image?

The Benefits of Including Project Sponsors in Your Training Program

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Corporate America invests millions of dollars each year in project management – offices, technology, project management training, and project management consulting support. Conversely, data reflects that even with project management being a relatively common process used at most companies; project success rates do not reflect the investment. Studies show that project management success rates range between…

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FIXING A BROKEN PROCESS – PART 1: IDENTIFY THE PROBLEM, CREATE THE SOLUTION

Organizations often have entrenched and possibly outdated processes that aren’t as efficient or effective as they could be. For PMOs interested in improving project performance, these flawed processes may be holding them back or limiting how tightly operations can be streamlined. But changing established processes is sometimes an uphill battle. We’ve provided some pointers on…

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What to do After a High Profile Project

This year’s Super Bowl is barely in the books but each team is already preparing for next season, with talks of trades and what they’ll focus on going forward. PMOs can take a lesson from the NFL in this regard, since project management teams have many of the same opportunities—and challenges—after each strategic project. Shore up weak areas. Look for ways to…

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BUILDING YOUR PMO’S PROJECT PORTFOLIO

  Most project management professionals have their own project portfolios—they come in handy during job interviews, performance reviews, etc. But your PMO should also have a portfolio. It’s a great PR tool when your team hosts networking events, and it’s also helpful when introducing your team to a new executive or key stakeholder. We’ve put…

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Project Management Training Infographic by PMAlliance

Check out our latest infographic to find out why Project Management Training should matter to your team and organization. Also check out our other Training Infographic for more great stats: DO YOU NEED PROJECT MANAGEMENT TRAINING?  PMAlliance has a national open enrollment training schedule For more information on the event locations and schedules click HERE PMAlliance project management…

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