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?”

My First experience with MS Visio with Samples

During my tenure in Cyient in 2017, I first got introduced to the mind-blowing tool called MS Visio. At first, it was very overwhelming to crack the tool. Over a period of time, I got so connected with the tool for its amazing features to create project artifacts in a visually appealing and intuitive representation.Continue reading “My First experience with MS Visio with Samples”

All about Resource Capacity

Resource management is an integral part of any business or organization. Planning the demand and the supply of the resources effectively and efficiently will help the organization in many ways. Also, 70%, as per the recent survey on Labor statistics, 70% of the total business costs come from employee benefits and payroll. Hence, we needContinue reading “All about Resource Capacity”

Have you heard of Pomodoro Technique

Recently I read somewhere about a productivity technique called the Pomodoro technique. The name sounds very interesting so thought to dig deep into the concept. It is worth sharing with you all. What is Pomodoro Technique? First things first. By definition, the word Pomodoro means “Timer”. This is by far the simplest productivity technique. ItContinue reading “Have you heard of Pomodoro Technique”

All about PMO Set Up

Here’s I’m summarizing the learnings of the PMO set up process from various sources. As PMOs come in varying shapes, sizes, and personalities, it was very interesting to learn from his experience. Do you know who is he? Yes, I’m talking about the teachings of Hussain Bandukwala, Founder and Chief PMO Coach at Parwaaz Consulting. RecentlyContinue reading “All about PMO Set Up”