Tag Archives: PMO

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)”

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”

As a PMO, you are working with multiple stakeholders. You need to work hand-hand most of the time. It is termed by the word – Buy-In. Buy-in is getting the concurrence from your team by why your idea achieves their goals. Sounds simple, right? In reality, it is difficult to do being in PMO, inContinue reading “How to get Stakeholders Buy-In in PMO?”

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”

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”

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”

Here’s a tit-bits about Charts. Data visualization is the key in any industry. Took time to learn some shortcuts and standard techniques. 1.Press Alt + F1 to insert the chart in same worksheet and F11 to create in different work sheet. 2.Understand the chart type before populating the data. Try different varieties and then selectContinue reading “Tit-Bits of Charts”

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?”

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”

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”