LAMINAR™ PORTFOLIO CONTROL TOWER
The Client Experience
The powerful information visualization capabilities of Laminar™ have been leveraged in the Portfolio Control Tower, providing unmatched transparency to all PMO participants, including business stakeholders and executives. Pre-configured PMO dashboards, automated reports and configurable alerts for a best practice P-PM organization can be customized to each client’s environment and are enabled with drill-down capabilities, so there is always a single source of truth that is easily accessible by authorized users. Laminar™ is fast, affordable, and has in-built best practices of Fortune 500 companies.
1. CONDUCT STRATEGIC PLANNING
-
Planning
-
Annual planning
-
Quarterly planning and budgeting
-
-
Intake and prioritization
-
Business case (estimated value $)
-
Monthly approvals process
-
2. MANAGE EXECUTION & DELIVERY
-
Project management
-
Plan and milestones (SDLC and Hybrid)
-
Risk & issue management
-
Change control process
-
Budget, resource & staffing management
-
-
Go-live planning and transition to support
-
Change management & training
3. TRACK OUTCOMES
-
PMO dashboards & KPI scorecard
-
On time %
-
On budget %
-
On scope %
-
-
Value Realization $
4. SERVE STAKEHOLDERS & COMMUNICATE
-
Weekly status reports
-
Monthly steering committee meetings
-
Executive leadership reports
-
Out-of-cycle escalations
FEATURED INSIGHTS
Bridge Your Knowledge Gaps
This post discusses the role of the project management office (PMO) in achieving business success through an illustrative scenario.
An e-commerce start-up in line with its consumer-oriented digital transformation strategy decided to launch an augmented reality-enabled omnichannel commerce capability for its 17,000 consumers.
The leadership vision and goals are well-carved. The team members are working long hours. Despite the rigorous working hours, the team has not been able to achieve success. The launch is overdue by seven months, and there has been no communication with consumers. The delivery is at risk, as well as brand loyalty and credibility. Read more.
Most of us have seen examples of failed projects at some point in our careers. Some of us have been fortunate to take lessons from others, and some of us have learned the hard way.
The three most common reasons why projects fail are:
1. Unclear priorities
2. No visibility to other teams
3. Concerns not reported early on
FINDING THE RIGHT PMO CONSULTANT
Finding the right PMO consultant for your company takes time and careful thought. You can ensure that you find the right person to help establish and improve your PMO by looking at a consultant's industry experience, track record, expertise in project management methodologies, communication skills, and certifications. Finally, a good PMO consultant can assist your company in improving project management processes, increasing efficiency, and producing better results.
You can ensure the success of your PMO by taking the time to find the right consultant. Read more.
AFFORDABLE AND PRAGMATIC PRODUCT MANAGEMENT PRACTICES FOR MID-SIZED FIRMS
Product management is a crucial function for any company that offers products or services to users. Great examples include, Netflix, Amazon, Tesla, and Southwest Airlines. However, for small to medium-sized companies, resources are often limited, and the cost of implementing good product management practices can be a challenge. Nonetheless, promoting good product management practices is essential for the growth and success of a company, and there are several affordable ways to achieve this. In this article, we will discuss some of these practices. Read more.
LEADING THE WAY: THE TRANSFORMATION OFFICE AND THE ART OF CHANGE MANAGEMENT
In the world of corporate transformations, the story often begins with the establishment of a Project Management Office (PMO). Led by a spreadsheet-savvy analyst, these PMOs are tasked with tracking countless transformation initiatives. The transformation managers diligently attend PMO meetings, tick boxes, and generate reports. However, it's not uncommon to encounter roadblocks, like one memorable incident at a New York-based client, where the VP of Facilities & Ops adamantly declared, "We can't move the data center because we haven't received the server list from IT." The conversation stalled, and the PMO leader called for a time-out. There were no follow-ups. These delays are often attributed to external factors, new timelines are proposed, and discussions on root-cause analysis ensue, postponing the day of reckoning. Even when PMO projects progress, the organization remains stuck, operating sluggishly within the same traditional structures. Read more.
LAMINAR PMO AT TOY COMPANY ACCELERATES ORGANIZATIONAL EFFICIENCY
Melissa & Doug is an American manufacturer of children's toys, inspiring creative thinking through screen-free, open-ended play for over two decades.
A remarkable year-on-year growth brought with it the need for a stronger operational infrastructure.
The company realized they lacked visibility to cross-enterprise initiatives, portfolio management became challenging due to inconsistent reporting and varied project management techniques, the organizational efficiency and productivity were impacted due to the lack of a prioritization process for project funding and resources.
Melissa & Doug hired Mr. Mike Macrie as the CIO, of Digital Transformation and Innovation to solve their digital strategy and transformation challenges. Mike’s vision was to establish a strong Project Management Office to enable growth and organizational efficiency. He set out to standardize processes and workflows by bringing in Laminar to establish, run, and mature the PMO function. He turned to Gravitas for help. Read more.
