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PMO interacts with many stakeholders inside and outside the organization. This interaction needs to be defined and governed properly through a governance model. The governance model or framework ensures creating value through a systematic approach by identifying stakeholders, understanding their int...

The Portfolio, Program or Project Management Office (PMO) tool is a necessity for any organization. Organizations are keen to select the right tool that matches the scale and complexity it has. They also vary from using different technologies or mixing between tools to have stable portfolio, program...

When your organization is designed in a way to fulfill your business goals, that is called organizational design. However, a lot of changes in external and internal factors can force you to restructure your organization in order to keep the momentum of your organizational performance. We at Minaret c...

There is more than one methodology to manage projects like PMP® which is forked from PMI and PRINCE2® methodology. At the same thing, PMOs have more than a classification. In previous articles, we spoke about PMOs sorted by the American-based PMI, and in this article, we're talking about ano...

Governance is essential for any organization in order to realize the strategy. Governance is a key success factor in public, private and non-for-profit organizations. Governance can be defined as the overall systems that direct and control the organization including identifying related stakeholders ...

Organizations needs to define the P3M policies, processes, KPIs, templates, forms and tools to ensure managing projects, programs and portfolios in a consistent and repeatable approach. Portfolio methodology defines the portfolio lifecycle which typically include initiation, planning, execution and ...

As an entrepreneur, it may take you years to find your own path for both your work and personal life, and you’ll still continue learning as long as you live. The most important lesson you may learn about entrepreneurship is to get the world’s news. Knowledge is power, and staying connect...

Strategy is simply a high-level plan or direction for an organization. The strategizing or strategy formulation is all about selecting the organization direction or selecting what to do. The strategic planning is done in two parts which are corporate strategy and business strategy. Corporate strateg...

Understanding the Two Sides of a Story It was said: "Before you blame others, walk a few steps in their shoes".  That is a good piece of advice! But how can we do that? How do we learn to see things from someone else's point of view so that we can better understand and interpret a person's t...

This article discusses the basics that supply chains need to get actual results from AI applications. What is Artificial Intelligence? AI is the intelligence that machines display, especially in the context of thinking, making decisions, and acting. It is when machines make smart decisions, wheth...