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Project management
25 Mar 2022

Project Management gets easier with Leader Group’s Project Management Services

“Project Management is not only about managing organizations’ projects efficiently but also about creating a positive impact to the culture of managing projects by implementing an agile management approach in these disruptive times.”

Organizations are undergoing disruption, tools and technologies are changing with emerging technologies hovering over the market.

Digitization has become the new norm, digitizing almost every business process across the sectors.

Call it the consequences of the COVID-19 pandemic or the opportunities provided by it, but digital transformation is the new normal.

The way projects get management across the corporates has also changed due to digitization; aligning to the newest trends and ways of doing business.

With the rise in digitization, BCPs (Business Continuity Plans) of organizations are also changing; making the businesses go upside down and adapting to the latest market trends, tools, and technologies to remain competitive.

PMO (Project Management Office) is a group or department within an organization that defines and maintains the standards for project management.

Its objective is to strive for standardization and avoid repetitions in the execution of projects.

The amalgamation of several elements of a PMO drives the overall project management services in an organization.

It is based on critical elements such as policies, training, resources, processes, and standards.

The lagging in any one of these elements results in an organization’s project management inefficiency.

Research has confirmed the significance of each element of project management that serves the idea of managing projects in the most efficient ways in an organization.

 

Policies:

Every organization forms a specific set of policies, the pre-defined set of regulations; that includes the core of a PMO in an organization. Each organization varies in its guidelines as per its business functions and operations.

These policies are the know-how of carrying out several business procedures in an organization that sets the overall functionality of the business practices in an organization.

 

Training:

Training defines the course of effective project management. The training modules contain several programs that suit the requirements of an organization based on its performance matrices.

These training modules and programs form an integral part of an organization’s business procedures; which further paves the way for carrying out PMO services in an organization.

 

Resources:

No organization works without depending on its resources. Resource availability and resource allocation mark the needs of an organization.

Businesses utilize their resources to perform their business functions, contributing to their project activities.

Hence, it becomes imperative for organizations to have a real-time view of their resources, effectiveness, and overall management of the projects.

 

Processes:

Efficient work processes result in an efficient project management office (PMO).

In a digital world where everything g is digitized and agile, taking place at lightning speed, organizations expect things to change regularly.

With the rise in digitized business practices, organizations have undergone BCPs (Business Continuity Plans); which have changed the entire business practices structure.

With the change in BCPs, organizations leverage the new and innovative business practices that are digitized and take care of the transformed business ways.

 

Standards:

Standards and procedures set the overall tone for project management in an organization.

PMO sets standards, procedures, guidelines, and frameworks; that considers the latest market trends and set industry benchmark to carry out business practices.

Industry-defined standards lead to more accountability in organizations’ business procedures digitally transformed manner.

According to research from PMI (Project Management Institute), the global non-profit organization for project management; more than 55 percent of PMO directors say that  PMO has changed magnificently since the pandemic has emerged.

Leader Group’s Project management Services, with its skillful, experienced consultation; helps organizations effectively manage their project portfolio by enhancing their projects, improving their program performance, and increasing the overall probability of their successful completion.

Furthermore, its services provide a professional and pragmatic approach that controls the numerous project requirements, commissioning and deliverables details, and program implementation risks.

Furthermore, it provides organizations with a holistic and process-oriented strategy to project management, offering a specialized service that aids organizations in determining their options, specifying their project requirements, and then overseeing project completion.

 

Conclusion – Project Management:

Digital is the new normal. With the rise in digitized business practices, organizations focus on driving their projects digitally to achieve maximum outputs with minimum inputs.

PMOs across the organizations earlier found it challenging to invest in digital project management tools and drive efficacy.

However, with the adoption of digitized business procedures and agile PMOs; the project management processes have become more manageable, convenient, and digitized, enabling organizations to achieve their business goals more effectively.

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