All in All PMO Checklist (50+ Pointers)

Every organization and every project is different. It is also turned out that there is no one way to better manage a project. In the thrust to recap my experience and upskill, drafting this consolidated post on the All-in-All PMO checklist. This post will be updated as and when any NEW process, templates, methods, ideologies,Continue reading “All in All PMO Checklist (50+ Pointers)”

Every Business runs on Capex & Opex

If there are two financial terms that every business should be familiar with to run their organization successfully, then it is CAPEX & OPEX. Right from understanding the terms, categories, differences, how they are accounted for, a few examples, and how they drive the business profitability, we are going to learn A-Z about Capex &Continue reading “Every Business runs on Capex & Opex”

15 points to keep in mind while creating PMO Financial Templates

In a recent job, I got an opportunity to improvise an existing resource forecasting template in Excel. It is exhaustive financial report and hence I learnt a lot in the process. Templates are predesigned document you can reuse without repeating the tasks everytime. Reworking on the excel documents is a waste of time and effort.Continue reading “15 points to keep in mind while creating PMO Financial Templates”

Does your PMO follow 4-Eye Principle

PMO has to work with multiple domains and leadership. It is all about data, information management for PMO. Most of the time, when it comes to the implementation of any new process, submission of reports, and sign-off of reviews, it is important to follow the 4-Eye principle. It is traditionally seen that PMO is responsibleContinue reading “Does your PMO follow 4-Eye Principle”

6 Forecasting Methods with Benefits

Forecasting is the key to any project’s success. Project success is directly proportional to the forecasting accuracy level. Planning and Forecasting are key important activities in the project. In project management, it can apply to hardware, resources, or even overall project budget forecast. In this post, the below topics are covered in detail. What isContinue reading “6 Forecasting Methods with Benefits”

How to convince the team to follow process?

During my career, I got an opportunity to work on timesheet management-related activities. What is traditionally followed in all the companies with respect to timesheet submission? Fill the timesheet either at the end of the week or month right? One of the experienced Finance Managers proposed a process after finding out a lot of gapsContinue reading “How to convince the team to follow process?”