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Posts Tagged ‘Project Management Institute’

_________________________________________________________________________________________________________  Project Partners Blog Author: Donna Dignam | Principal Functional Consultant  ____________________________________________________________________________________________________________________ In April 2015, FASB (Financial Accounting Standards Board) issued ASU (Accounting Standards Update) 2015-05 to assist entities to determine when a customer in a cloud computing arrangement “CCA” (i.e. hosting arrangement) included a software license. If a CCA includes a license to internal […]

Author: Wendy Lamar | Managing Principal Consultant | Project Partners Oracle E-Business Suite R12 Project Certified Implementation Specialist

By Kimberly McDonald Baker A new white paper published by Oracle, Delivering Success in Public Infrastructure Projects, provides a compelling portrait of the quantifiable benefits delivered by Enterprise Project Portfolio Management, especially as pertaining to public infrastructure or civil engineering projects. “Research from the Project Management Institute (PMI) suggests that performance in meeting project goals, […]

OPM3® (Organization Project Management Maturity Model) is a Project Management Institute® (PMI) standard much like the PMBOK® Guide that was started in 1998 by PMI. The OPM3 standard consist of three major elements: Knowledge, Assessment & Improvement and they are described below. Knowledge: The user becomes proficient in OPM3, the body of Best Practices, the […]

A Project Management Office (PMO) is a group within an organization that defines and maintains standards for project management.  A PMO generally bases its project management principles, practices and processes on some kind of industry standard methodology such as PMBOK (Project Management Body of Knowledge) or PRINCE2 (Project in Controlled Environments).   Over time, a […]

As your organization prepares to spend significant money on new tools to help you better manage projects, how prepared are you to achieve a return on this investment?   Bradford K. Clark confirms a 15% to 21% improvement in project execution and delivery costs in a 1997 study done at the University of Southern California by […]