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Lola Picard
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Functional Managers usually have authority over their department's resources and staff, while Project Managers manage project resources across different functions.
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Demonstrate an understanding of project roles and responsibilities.
Also, managing changes is a significant part of this process.
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Give examples of typical activities within each process.
For approvals, we find digital signatures to be very efficient.
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Maintain records by capturing portfolio artifacts, such as approvals, prioritizations, and other decisions, in order to ensure compliance with organizational policies, regulatory requirements, and portfolio management standards.
Benefits can be quantified using various financial metrics like ROI, NPV, and IRR.
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Determine business driver of project, including key assumptions, benefits, and materialization of project.
Good article, but I think it should also mention how to adapt standards in a flexible manner when required.
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Establish consistency by deploying uniform standards, resources, infrastructure, tools, and processes in order to enable informed program decision making.
Solid advice. Thank you for sharing!
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Support team performance
How do you approach someone to be a mentor?
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Recognize and act on mentoring opportunities
I found that cultural differences can sometimes complicate stakeholder elicitation. Any advice on how to handle this?
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Determine stakeholder values regarding the product, using elicitation techniques in order to provide a baseline for prioritizing requirements.
I think the resource leveling explanation could be more detailed.
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Plan and manage schedule
Useful insights! This will definitely help me prepare for CAPM!
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Identify the suitability of a predictive, plan-based approach for the organizational structure (e.g., virtual, colocation, matrix structure, hierarchical, etc.).
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