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Know the Lingo?
 
Do you speak project management? See if you can define the following term and then check below to see if you are correct.
 
- Stakeholders

Words of Wisdom
"If you fail to plan you are planning to fail."
 
PM Industry Info
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Fall 2009
Project Managers, Inc.
www.ProjectMgrs.com
 
704.332.6611
Why PMO's Get a Bad Rap
      By Juliann Knott, PMP - Senior Project Manager

You want to paint a picture: Did you get the "paint by numbers" with a predefined picture and stay within the lines or do you start with a creative stroke of red paint on a white canvas? 
 
All too often we see PMO's that are built without following the same practices we would use to begin a project. Instead, they are built from a prescribed method without consideration for the problem being solved. This is where the trouble begins and the "bad rap" is attached to the PMO.

Let's look at some reasons why PMO's get a bad rap and what you can do to build a successful PMO for your organization.
Refresh: Why Projects Fail

It is likely that each of us will be faced with turning around a distressed project at least once in our career. Let's take a look at a few of the obvious and not so obvious reasons why projects fail. The following list is an excerpt from Karen McIsaac's upcoming presentation, "Rescue 911: Why Projects Fail and How You Can Be a Hero" for the Project Management Institute's Professional Development Day.

1. Lack of planning - Resources, timeline, milestones, risks, assumptions, constraints.
 
2. Lack of Leadership - PM must be a leader, have flexibility and build relationships and not just have the technical project management skills.
 
3. Not planning for quality - If you don't identify what is to represent quality, how will you know you have it? You may have a project that met the budget and timelines but also had rework or poor quality - not a success.
 
4. Not assessing and planning for risk - How do you build a contingency for risk if you don't know it or the significance of it? The project implementation may have been successful however, there was negative impact.
 
5. Not having a project infrastructure - Processes, standard meeting routines, roles/responsibilities, governance and approval processes, change control processes, communication plan, project organization chart, etc. If this simple early organization is not done, what is confidence level for organizing the project?
Answer: Know the Lingo 

Stakeholders are individuals or cross-functional areas of an organization that are project participants or will be impacted by a project. Stakeholders can include anyone from the project sponsor to customer service representative. Individuals that are stakeholders may also be a part of the project steering committee. It is critical that all stakeholders be identified and included in project communications planning, including contact lists, status reports, etc.