PMP

Program management is the process of managing programs mapped to business objectives that improve organizational performance. Program managers oversee and coordinate the various projects and other strategic initiatives throughout an organization.

Gold plating is a serious issue as not only can it lead to difficult discussions with the end users, it’s often the case that as a result of the time spent, additional budget would be needed in the long run.

Gold plating is also considered a bad project management practice for different project management best practices and methodologies such as Project Management Body of Knowledge (PMBOK) and PRINCE2. In this case, 'gold plating' means the addition of any feature not considered in the original scope plan (PMBOK) or product description (PRINCE2) at any point of the project. This is because it introduces a new source of risks to the original planning such as additional testing, documentation, costs, or timelines. However, avoiding gold plating does not prevent new features from being added to the project; they can be added at any time as long as they follow the official change procedure and the impact of the change in all the areas of the project is taken into consideration.

Marie Herman shares her top tips for managing expectations on projects to ensure success

Odoo is an amazing software. Just by using Odoo standard, the customer’s company will be massively transformed, for the better. Most departments will be more efficient, and employees will have a tool to boost their productivity. This is where the value is; the custom developments will be only 5% to 10% of the features the customer will use from the platform.

if your aim is to foster speed, agility and innovation – traditional project management will likely stop you in your tracks.

A point of contact (POC) or single point of contact (SPOC) is a person or a department serving as the coordinator or focal point of information concerning an activity or program. A POC is used in many cases where information is time-sensitive and accuracy is important.

With Odoo Project module, tasks are centrally managed, scheduled and tracked throughout project lifecycle.

Hindsight is the ability to learn from the past. Insight is the ability to interpret and respond to the present and foresight is the ability to predict and prepare for the future.

Project Management methodology was different a decade ago when managers had to just keep the project running. Now, it’s more about strategizing, collaborating with the project team, agile project management, and project portfolio management. Analytics can simplify these tasks for modern project managers.