A Complete Guide to Securing a Job in a Project Management Office (PMO)PM Majik
It is not easy to find and secure a new job or role in a Project Management Office (#PMO).
This presentation covers all of the important points from knowing where to look for roles, writing a professional CV or Resume, applying, interview tips and more.
This is a quick guide to the 6 core roles required for Agile Project Management.
The presentation includes an overview of the 5 characteristics needed to make an agile project successful.
A simple guide to answering the question of "PMO Meaning".
This explains what is meant by the term PMO (project management office) and the different variants of PMO.
Topics covered
- What is a PMO
- Determining if it is a PMO
- Types of PMO
- PMO purpose
- PMO meaning
Reference to useful additional resources.
#PMO, #PMOmeaning, #projectmanagement
How to create and use a project RACI matrixPM Majik
Learn what a project RACI matrix is and how it can help you to define clear ownership for project activities.
Includes a section on how to create a project RACI matrix template and a version that you can download.
8 project management reports you need for your projectPM Majik
This presentation lists the 8 project management reports you need to help you deliver your project.
Each report includes where you can get further information.
It is very important for a project to implement a robust project change request process to help manage succesful delivery.
This presentation provides an overview of the 5 core steps of the project change control process.
Ideal for a PMO or project team looking to implement their own change control process.
This presentation explains a simple 5 step process for establishing a process for measuring standardisation of PMO processes across a number of projects.
It also includes how you can download a copy of the PMO Standardisation Tracking Template.
A Complete Guide to Securing a Job in a Project Management Office (PMO)PM Majik
It is not easy to find and secure a new job or role in a Project Management Office (#PMO).
This presentation covers all of the important points from knowing where to look for roles, writing a professional CV or Resume, applying, interview tips and more.
This is a quick guide to the 6 core roles required for Agile Project Management.
The presentation includes an overview of the 5 characteristics needed to make an agile project successful.
A simple guide to answering the question of "PMO Meaning".
This explains what is meant by the term PMO (project management office) and the different variants of PMO.
Topics covered
- What is a PMO
- Determining if it is a PMO
- Types of PMO
- PMO purpose
- PMO meaning
Reference to useful additional resources.
#PMO, #PMOmeaning, #projectmanagement
How to create and use a project RACI matrixPM Majik
Learn what a project RACI matrix is and how it can help you to define clear ownership for project activities.
Includes a section on how to create a project RACI matrix template and a version that you can download.
8 project management reports you need for your projectPM Majik
This presentation lists the 8 project management reports you need to help you deliver your project.
Each report includes where you can get further information.
It is very important for a project to implement a robust project change request process to help manage succesful delivery.
This presentation provides an overview of the 5 core steps of the project change control process.
Ideal for a PMO or project team looking to implement their own change control process.
This presentation explains a simple 5 step process for establishing a process for measuring standardisation of PMO processes across a number of projects.
It also includes how you can download a copy of the PMO Standardisation Tracking Template.
This presentation provides 5 easy to apply tips for the design of professional PMO and project templates. Practical and pragmatic ideas and concepts that can be applied to all project and PMO templates.
Simple guide that provides a guide to the core templates used by projects and project management offices (PMO's). Includes guide to how the information is consolidated and an example of how the information is communicated using a PMO Handbook.
5 activities to manage project dependenciesPM Majik
This presentation provides 5 activities that you need so as to manage project dependencies effectively. This will help keep your project on track and increase the probability of successful delivery.
Challenges to getting a role in a project management office (and how they can...PM Majik
Getting a role in a PMO can be a challenge especially if you have limited or no experience. This presentation outlines the key challenges and action that can be taken to over come them.
AI Transformation Playbook: Thinking AI-First for Your BusinessArijit Dutta
I dive into how businesses can stay competitive by integrating AI into their core processes. From identifying the right approach to building collaborative teams and recognizing common pitfalls, this guide has got you covered. AI transformation is a journey, and this playbook is here to help you navigate it successfully.
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Best Competitive Marble Pricing in Dubai - ☎ 9928909666Stone Art Hub
Stone Art Hub offers the best competitive Marble Pricing in Dubai, ensuring affordability without compromising quality. With a wide range of exquisite marble options to choose from, you can enhance your spaces with elegance and sophistication. For inquiries or orders, contact us at ☎ 9928909666. Experience luxury at unbeatable prices.
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Tired of chasing down expiring contracts and drowning in paperwork? Mastering contract management can significantly enhance your business efficiency and productivity. This guide unveils expert secrets to streamline your contract management process. Learn how to save time, minimize risk, and achieve effortless contract management.
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Satta matka fixx jodi panna all market dpboss matka guessing fixx panna jodi kalyan and all market game liss cover now 420 matka office mumbai maharashtra india fixx jodi panna
Call me 9040963354
WhatsApp 9040963354
The Steadfast and Reliable Bull: Taurus Zodiac Signmy Pandit
Explore the steadfast and reliable nature of the Taurus Zodiac Sign. Discover the personality traits, key dates, and horoscope insights that define the determined and practical Taurus, and learn how their grounded nature makes them the anchor of the zodiac.
NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...BBPMedia1
Nathalie zal delen hoe DEI en ESG een fundamentele rol kunnen spelen in je merkstrategie en je de juiste aansluiting kan creëren met je doelgroep. Door middel van voorbeelden en simpele handvatten toont ze hoe dit in jouw organisatie toegepast kan worden.
During the budget session of 2024-25, the finance minister, Nirmala Sitharaman, introduced the “solar Rooftop scheme,” also known as “PM Surya Ghar Muft Bijli Yojana.” It is a subsidy offered to those who wish to put up solar panels in their homes using domestic power systems. Additionally, adopting photovoltaic technology at home allows you to lower your monthly electricity expenses. Today in this blog we will talk all about what is the PM Surya Ghar Muft Bijli Yojana. How does it work? Who is eligible for this yojana and all the other things related to this scheme?
This presentation provides 5 easy to apply tips for the design of professional PMO and project templates. Practical and pragmatic ideas and concepts that can be applied to all project and PMO templates.
Simple guide that provides a guide to the core templates used by projects and project management offices (PMO's). Includes guide to how the information is consolidated and an example of how the information is communicated using a PMO Handbook.
5 activities to manage project dependenciesPM Majik
This presentation provides 5 activities that you need so as to manage project dependencies effectively. This will help keep your project on track and increase the probability of successful delivery.
Challenges to getting a role in a project management office (and how they can...PM Majik
Getting a role in a PMO can be a challenge especially if you have limited or no experience. This presentation outlines the key challenges and action that can be taken to over come them.
AI Transformation Playbook: Thinking AI-First for Your BusinessArijit Dutta
I dive into how businesses can stay competitive by integrating AI into their core processes. From identifying the right approach to building collaborative teams and recognizing common pitfalls, this guide has got you covered. AI transformation is a journey, and this playbook is here to help you navigate it successfully.
SATTA MATKA DPBOSS KALYAN MATKA RESULTS KALYAN CHART KALYAN MATKA MATKA RESULT KALYAN MATKA TIPS SATTA MATKA MATKA COM MATKA PANA JODI TODAY BATTA SATKA MATKA PATTI JODI NUMBER MATKA RESULTS MATKA CHART MATKA JODI SATTA COM INDIA SATTA MATKA MATKA TIPS MATKA WAPKA ALL MATKA RESULT LIVE ONLINE MATKA RESULT KALYAN MATKA RESULT DPBOSS MATKA 143 MAIN MATKA KALYAN MATKA RESULTS KALYAN CHART
Best Competitive Marble Pricing in Dubai - ☎ 9928909666Stone Art Hub
Stone Art Hub offers the best competitive Marble Pricing in Dubai, ensuring affordability without compromising quality. With a wide range of exquisite marble options to choose from, you can enhance your spaces with elegance and sophistication. For inquiries or orders, contact us at ☎ 9928909666. Experience luxury at unbeatable prices.
SATTA MATKA DPBOSS KALYAN MATKA RESULTS KALYAN CHART KALYAN MATKA MATKA RESULT KALYAN MATKA TIPS SATTA MATKA MATKA COM MATKA PANA JODI TODAY BATTA SATKA MATKA PATTI JODI NUMBER MATKA RESULTS MATKA CHART MATKA JODI SATTA COM INDIA SATTA MATKA MATKA TIPS MATKA WAPKA ALL MATKA RESULT LIVE ONLINE MATKA RESULT KALYAN MATKA RESULT DPBOSS MATKA 143 MAIN MATKA KALYAN MATKA RESULTS KALYAN CHART
Tired of chasing down expiring contracts and drowning in paperwork? Mastering contract management can significantly enhance your business efficiency and productivity. This guide unveils expert secrets to streamline your contract management process. Learn how to save time, minimize risk, and achieve effortless contract management.
SATTA MATKA DPBOSS KALYAN MATKA RESULTS KALYAN CHART KALYAN MATKA MATKA RESULT KALYAN MATKA TIPS SATTA MATKA MATKA COM MATKA PANA JODI TODAY BATTA SATKA MATKA PATTI JODI NUMBER MATKA RESULTS MATKA CHART MATKA JODI SATTA COM INDIA SATTA MATKA MATKA TIPS MATKA WAPKA ALL MATKA RESULT LIVE ONLINE MATKA RESULT KALYAN MATKA RESULT DPBOSS MATKA 143 MAIN MATKA KALYAN MATKA RESULTS KALYAN CHART
Satta matka fixx jodi panna all market dpboss matka guessing fixx panna jodi kalyan and all market game liss cover now 420 matka office mumbai maharashtra india fixx jodi panna
Call me 9040963354
WhatsApp 9040963354
The Steadfast and Reliable Bull: Taurus Zodiac Signmy Pandit
Explore the steadfast and reliable nature of the Taurus Zodiac Sign. Discover the personality traits, key dates, and horoscope insights that define the determined and practical Taurus, and learn how their grounded nature makes them the anchor of the zodiac.
NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...BBPMedia1
Nathalie zal delen hoe DEI en ESG een fundamentele rol kunnen spelen in je merkstrategie en je de juiste aansluiting kan creëren met je doelgroep. Door middel van voorbeelden en simpele handvatten toont ze hoe dit in jouw organisatie toegepast kan worden.
During the budget session of 2024-25, the finance minister, Nirmala Sitharaman, introduced the “solar Rooftop scheme,” also known as “PM Surya Ghar Muft Bijli Yojana.” It is a subsidy offered to those who wish to put up solar panels in their homes using domestic power systems. Additionally, adopting photovoltaic technology at home allows you to lower your monthly electricity expenses. Today in this blog we will talk all about what is the PM Surya Ghar Muft Bijli Yojana. How does it work? Who is eligible for this yojana and all the other things related to this scheme?
The Most Inspiring Entrepreneurs to Follow in 2024.pdfthesiliconleaders
In a world where the potential of youth innovation remains vastly untouched, there emerges a guiding light in the form of Norm Goldstein, the Founder and CEO of EduNetwork Partners. His dedication to this cause has earned him recognition as a Congressional Leadership Award recipient.
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The report *State of D2C in India: A Logistics Update* talks about the evolving dynamics of the d2C landscape with a particular focus on how brands navigate the complexities of logistics. Third Party Logistics enablers emerge indispensable partners in facilitating the growth journey of D2C brands, offering cost-effective solutions tailored to their specific needs. As D2C brands continue to expand, they encounter heightened operational complexities with logistics standing out as a significant challenge. Logistics not only represents a substantial cost component for the brands but also directly influences the customer experience. Establishing efficient logistics operations while keeping costs low is therefore a crucial objective for brands. The report highlights how 3PLs are meeting the rising demands of D2C brands, supporting their expansion both online and offline, and paving the way for sustainable, scalable growth in this fast-paced market.
Project Risk: 7 Risks Your Projects Face and How to Manage Them
1. Project Risk: 7 Risks Your Projects Face and How to Manage Them
Author: PM Majik
Copyright 2021. All rights reserved. www.pmmajik.com
2. Contents
1.0 Purpose of this presentation
2.0 Background
3.0 Positive and negative risk
4.0 Types of risk
4.1 Scope creep
4.2 Costs
4.3 Time
4.4 Technology
4.5 People
4.6 Communications
4.7 Procurement
5.0 Summary
6.0 Additional resources
Copyright 2021. All rights reserved. www.pmmajik.com
3. 1.0 Purpose of this presentation
The purpose of this presentation is to provide an overview of the risks that projects can
face. This will help during the planning stages of projects; providing risks to consider and
options for managing them.
You won’t ever mitigate all risks within your projects, but this guide will ensure that each
project under your project management office (PMO) has fully assessed and understood
how the project could inadvertently change.
These risks are a guide – each business and project will have different risks to look at.
Take this as a starting point when designing and conducting risk assessments.
Additional Resource
https://www.pmmajik.com/7-types-of-project-risk-your-pmo-needs-to-understand/
Copyright 2021. All rights reserved. www.pmmajik.com
4. 2.0 Background
Copyright 2021. All rights reserved. www.pmmajik.com
• All projects come with risks; it’s an unavoidable part of doing business. Risks are anything
that could disrupt or change your projects and alter their level of success.
• Every project should have a risk assessment carried out before getting underway. A PMO
should be able to provide a template that’s designed with its particular use case in mind to
guide those carrying out the risk assessment.
• Not all risks are negative. Sometimes, things happen that unexpectedly make the project
more successful, and these are to be celebrated.
• In this presentation, we’re going to cover the different risks you projects may encounter and
some options for understanding and managing them.
5. 3.0 Positive and negative project risks
• Your project finishes early
• A technology upgrade improves workflows
• A grant application is accepted
• Additional resources are allocated to your
project
Copyright 2021. All rights reserved. www.pmmajik.com
Additional Resource
https://www.pmmajik.com/project-risk-issue-and-assumption-management/
• The client wants to change a deliverable
• The materials your project needs cease
production
• An illness affects 40% of a project team
• Important software no longer receives
support from the manufacturer
Negative risks needs to managed and mitigated whilst positive risks should be
celebrated and attempts made to replicate them.
6. 4.0 7 types of project risks you need to understand
Broadly, there are seven types of risk that a project under your office could encounter.
Copyright 2021. All rights reserved. www.pmmajik.com
Additional Resource
https://www.pmmajik.com/7-types-of-project-risk-your-pmo-needs-to-understand/
Project
creep
Costs Time
Technology People
Communications Procurement
7. 4.1 Scope creep
Scope creep happens when project clients or stakeholders change the deliverables they
expect, making a project last longer or cost more money than planned.
To prevent scope creep in projects, you can:
• Set clear parameters with a Project Scope Statement
• Involve clients when planning and setting expectations
• Set clear priorities so you know where compromises can be made
• Have a change management process in place to prevent unnecessary changes
Copyright 2021. All rights reserved. www.pmmajik.com
Additional Resource
https://www.pmmajik.com/risk-of-project-scope-creep-what-is-it-and-how-to-
manage-it/
8. 4.2 Costs
Cost risk is anything that can make your projects spend more money. These risks can be
internal, like poor budgeting or unanticipated travel, or external like exchange rate
fluctuations.
Your project costs can increase in the following areas:
• Labour
• Materials
• Equipment
• Administration
Building in budget contingency controlled by project sponsors, and accurate planning of
potential costs are the best methods to understand and control your project cost risks.
Copyright 2021. All rights reserved. www.pmmajik.com
Additional Resource
https://www.pmmajik.com/cost-risk-in-project-management-and-how-to-manage-
it/
9. 4.4 Time
Every project will have a schedule, but it’s easy for that to get derailed. Sometimes, though,
a project will come in early and your PMO should celebrate and analyse it.
Increases in costs, reputational damage, and missing out on valuable project information
are all consequences of not managing time risks properly.
Here’s how to minimise your project time risks:
• Understand your project lifecycles
• Ask your experts for time estimates
• Choose an appropriate project methodology
• Build in time contingency into your schedule
Copyright 2021. All rights reserved. www.pmmajik.com
Additional Resource
https://www.pmmajik.com/project-time-risk-what-it-is-and-how-to-minimise-it/
10. 4.4 Technology
You don’t have to be a software company to face technology risks.
Risks can be positive, with better processing power, improved automations for your
workflows, and hardware upgrades.
These are the three biggest technology risks and a tactic to minimise them:
• Data security and protection – build strong backups and fail safes into you systems
• Unsupported legacy systems – do due diligence on software and hardware vendors and
stay up to date with changes
• Software that you can’t scale – contact sales teams of any Software-as-a-Service you
use to understand growth options before you commit
Copyright 2021. All rights reserved. www.pmmajik.com
Additional Resource
https://www.pmmajik.com/technology-risk-in-project-management/
11. 4.5 People
Your project managers and your team are the biggest cost on a project. There are also big
risks associated with your human resources.
Examples of people risk in projects include:
• Temporary loss of people
• Permanent loss of people
• Not enough people
• Queuing people from old projects
There are lots of ways you can improve your colleague engagement and retention to help
reduce your people risks, with the full list available on the link below:
• Health and wellness programs
• Positive scheduling
• Offering training for skills and development
Copyright 2021. All rights reserved. www.pmmajik.com
Additional Resource
https://www.pmmajik.com/project-resource-risk-managing-the-people-risk-in-your-
pmo/
12. 4.6 Communication
Getting communication wrong can be costly – you need to know that everyone working in
your projects knows how the project contributes to the business and how they need to
contribute to the project.
Five ways to reduce your communication risk are:
1. Know which communication tools are for which purpose in your projects
2. Be aware of the communication preferences of the people receiving your messages,
including translation needs
3. Have open communication channels with stakeholder to know problems early
4. Outline the goals of any messaging before sending it out
5. Keep your messages positive with deliverables and expectations clear
Copyright 2021. All rights reserved. www.pmmajik.com
Additional Resource
https://www.pmmajik.com/what-is-project-communication-risk-and-how-to-
minimise-it/
13. 4.7 Procurement
There are lots of things that you need to buy for your projects. This will always involve risks.
The main risks you need to assess are:
• Fraud and corruption
• Cost escalation
• Quality reduction
• Delivery delays
The ways you can minimise these risks include:
• Accurate needs analysis at the start of the project
• Strong supply chain management
• Effective contract management
Copyright 2021. All rights reserved. www.pmmajik.com
Additional Resource
https://www.pmmajik.com/assessing-and-mitigating-project-procurement-risks-
across-your-projects/
14. 5.0 Summary
In this presentation, we’ve covered the risks associated with the projects that fall under
your PMO.
We’ve explained what some of the most important risks to include in your risk
assessment are and offered tactics that can be employed to mitigate them.
Some positive risks have also been noted for your project managers to consider.
Remember that you need to assess risks in seven key areas, which are:
1. Scope creep
2. Costs
3. Time
4. Technology
5. People
6. Communication
7. Procurement
Copyright 2021. All rights reserved. www.pmmajik.com
15. 5.0 Resources
If you want more information, visit www.pmmajik.com where you will find lots of project
and PMO resources including the FREE guide, 7 Steps to Set-Up a PMO.
Visit http://www.pmmajik.com/set-pmo/
PM Majik Website
On the PM Majik website you will find over 400 articles that contain practical and
pragmatic tips and insights for designing, mobilising and managing a PMO. New
articles are added weekly. Topic requests are encouraged from the community.
Copyright 2021. All rights reserved. www.pmmajik.com