Risk taker or Risk manager? Apply MoR to your business and projects

There are risks everywhere you go. Driving to work? There’s a risk you will have an accident, so how do you protect yourself or your car? Transfer the risk to an insurance company. Sure, the insurance company will gain if you don’t have an accident, but its a small price to pay to have peace of mind.

Whenever I hire a car on business, I take the insurance. Small accident, $3,000 cost. For $25/day, I can reduce it to $300. Risk management. Whenever I book travel interstate or overseas, I use my Visa Gold card – built-in insurance protection. For any risk, you can analyse your options and decide whether you think you will be OK or not. You have a choice, so no complaints if the house burns down and you invested the insurance premium in other areas of your life.

I take out private health insurance. Sure, it costs more, but I get choices, and peace of mind. It comes down to whether in certain circumstances you are a risk-taker or a risk manager.

We teach Risk Management. We are helping businesses and government departments to define risk management policies and processes and adopt models to help assess risk (and opportunities) so they are able to survive and grow. MoR is a sound model aligned with ISO31000 and with international accreditation. We offer special rates here: http://www.yellowhouse.net/mor-offer.html

The official Management of Risk site: http://www.mor-officialsite.com/

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Setting up or refreshing your PMO?

In recent years we have seen a growth in the set up and development of the PMO, moving from a single project office providing some standards and support for project delivery, to complex integrated multi-disciplinary strategic portfolio or program offices.

At Yellowhouse, we have brought this together into a training and consulting model based on P3O® – Portfolio, Programme and Project Management Offices.

P3O is a decision enabling and delivery support structure for all change within an organization. This may be through a single permanent office eg, Portfolio Office, Centre of Excellence, Enterprise or Corporate Programme Office.

It may otherwise be provided through a linked set of permanent and temporary offices, providing a mix of services.

There has been no single source of information to provide guidance or advice on setting up or running an effective delivery support office.

P3O brings together in one place a set of principles, processes and techniques to facilitate effective portfolio, programme and project management through enablement, challenge and support structures.

Our courses are delivered in an entertaining and highly interactive manner with real life examples. There is a high degree of participation, examination preparation and practice. Our courses are intensive, but practically based. We have courses at the Hilton Hotel in Brisbane with a special offer here http://www.yellowhouse.net/p3o-offer.html

The official P3O site details are here http://www.p3o-officialsite.com/

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What is MSP (Managing Successful Programs)

MSP – Program management and strategic benefits

What is MSP?

Managing Successful Programmes (MSP®) seeks to bring about change through the co-ordinated management of a dossier of projects that change the organization to achieve benefits of strategic importance.

MSP is characterised by its focus on benefit management, which is a process for maximising benefit realisation from organizational change projects.

A programme is made up of a specific set of projects identified by an organization that together will deliver some defined objective or set of objectives. The objectives, or goals, of the programme are typically at a strategic level so the organization can achieve benefits and improvements in its business operations.

The new MSP 2011 guide has replaced the 2007 version, with several improvements to assist with effective programme management. The Quality chapter has been re-written as Quality and Assurance with the assurance elements infused throughout the framework.

At Yellowhouse, our courses are delivered in an entertaining and highly interactive manner with real life examples. There is a high degree of participation, examination preparation and practice. Our courses are intensive, but practically based. We have courses at the Hilton Hotel in Brisbane. To register click HERE

The official MSP site details are here

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What is ITIL®?

What is ITIL®?

ITIL or the IT infrastructure library is the world’s most adopted IT Service Management framework. Developed over 20 years ago ITIL is best known as being a “no-nonsense, practical approach to the identification, planning, delivery and support of IT services to the business”.

ITIL is the most widely accepted approach to IT service management in the world. Providing a cohesive set of best-practice guidance drawn from the public and private sectors across the world, it has recently undergone an update, resulting in the publication of the ITIL 2011 editions.

ITIL works around a Service Life-cycle including Service Strategy, Service Design, Service Transition, and Service Operation and encompassed by Continual Service Improvement.

  • Service Design – assures that service changes are designed to meet the customer expectations. Also what are the tools that are necessary to monitor and support the changes? How are these changes measured for quality efficiency and effectiveness.
  • Service Transition – this is where the design is built tested and moved into production
  • Service Operation – this is the delivery of the service on an ongoing basis.

So, what are the benefits of ITIL?

  • It aligns with the business needs – ITIL is an asset to businesses when solutions are Proactive rather than Reactive.
  • Service levels are achievable – When realistic service levels are negotiated and agreed on both Business and IT work harmoniously.
  • Predictable, consistent processes – they are what they are and everyone can expect the same thing every time.
  • Efficient service delivery – defined processes mean accountability and measurability thus optimizing the delivery of the service
  • Services and processes the can be measured and therefore improved – when process are consistent and predictable they can be modified and tweaked to be optimised.
  • Common language – all the terms are defined so everyone knows how to talk to everyone else.

To find out more on ITIL. Visit the official ITIL website HERE

IF you want to get ITIL Certified Yellowhouse runs regular training  for more information Click here or to go straight to our registration form

ITIL® is a Registered Trade Mark of the Cabinet Office
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What is PRINCE2?

Lizz Robb Yellowhouse Managing Director and Lead Trainer at Yellowhouse

Lizz Robb Yellowhouse Managing Director and Lead Trainer at Yellowhouse

What is PRINCE2?

After ten years training and consulting in the PRINCE2 methodology, we have a much greater understanding of the simplicity of effective project management in the complexity of change. It’s not rocket surgery. Why do we make it so difficult?

Effective Project management with PRINCE2

First, understand what you are trying to achieve. Understand the need for change, the scope of the change and the impact on your organization. Small projects need less governance, management and templates. In the PRINCE2 2009 guide, Chapter 19 talks about tailoring the methodology. We need to take it seriously so we don’t overkill the project with the over-use of the methodology.

PRINCE2 is the world’s leading project management methodology. You can use it for any project. Any size. Any industry.

In a rapidly changing world, you need an effective project management solution to help you manage your projects. And why not gain professional accreditation for the project management work that you do? PRINCE2 is a methodology covering the organization, management and control of projects.

To register for a PRINCE2 course with Yellowhouse CLICK HERE

Our courses are delivered in an entertaining and highly interactive manner with real life examples. There is a high degree of participation, examination preparation and practice. Our courses are intensive, but practically based. We have courses at the Hilton Hotel in Brisbane.

The official PRINCE2 site details are here

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What is Portfolio Management? (MoP)

An introduction to MoP

MoP offers;

a co-ordinated collection of strategic processes and decisions that together enable the most effective balance of organisational change and business as usual.

MoP provides an overview of all change activities including what is in the portfolio, what it is costing, what risks are faced, what progress is being made and what the impact is on business as usual and the organization’s strategic objectives.

The core guidance is aimed at the decision makers. The people who have to prioritize investment across an organization’s programmes and projects. The MoP guide introduces the key concepts of portfolio management, its benefits to an organization, how it fits in with current business processes and how to get started.

Stephen Jenner – co author of the OGC (now the Cabinet Office) MoP Guide, has more information about MoP HERE

At Yellowhouse, we offer training and consulting in the “Management of Portfolios” (MoP) framework, approaching themanagement of change projects and programmes from a strategic viewpoint.

Our courses are delivered in an entertaining and highly interactive manner with real life examples. There is a high degree of participation, examination preparation and practice. Our courses are intensive, but practically based. We have courses at the Hilton Hotel in Brisbane. To find out more Click HERE

To find out more on MoP visit the OFFICIAL SITE HERE

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Making sense of change management

At last we are getting it – Project Management is actually a delivery mechanism to achieve Change. When the business needs a new solution, to move from “current state” to “future state”, we set up a Project to deliver the change. The new challenge is to build capability during the transition land the change effectively and move the business forward.

There’s a lot of talk about the best way to train your people in change management.

What courses are out there? What certifications do I need? Should we hire an Organisational Change Consultant? Do we need a psych background?

How many possible models are there and which is the best one for us?

Dealing with change and, more importantly, the impact of change is a high priority for all organisations.

We can help.

Yellowhouse will equip you with the tools to work in your organisation as a “change agent” with an understanding of how to assist projects and groups to work through change. We even look at the impact on individuals so they can be empowered to survive the transition.

| Want to know more? | Register for a Yellowhouse course here |Find Yellowhouse on LinkedIn|

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