Remove Key Performance Indicator Remove Metrics Remove Risk Remove Scorecard
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6 best practices for better vendor management

CIO Business Intelligence

Develop a robust vendor partnership evaluation framework Companies should develop a set of standard vendor performance scorecards that are updated quarterly and reviewed with the vendor to provide feedback, Allen says. Allen says. This should be a continuous process, not something to do once or twice a year,” he says. “To

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What is a project management office (PMO)? The key to standardizing project success

CIO Business Intelligence

Furthermore, the PMO serves as a centralized deposit of project-related information, such as status reports, identified risks and project interdependencies. According to Sargeant, companies in highly regulated industries, as well as organizations where projects present high levels of risk, often opt to implement a controlling PMO.