The document discusses the role of Project Management Offices (PMOs) in enabling the delivery of corporate and business strategies. It notes that PMOs have been shown to decrease failed projects by 30% and increase projects delivered under budget by 25%. The document then outlines how PMOs can support business alignment, project portfolio management, project governance, and more. It describes how corporate strategy drives business strategies, and how business strategies are implemented through programs, projects, and products. Finally, it argues that a PMO is needed to integrate business and technical strategies, apply standard practices and metrics across all projects, and provide a unified view of strategic endeavors through portfolio, program and project monitoring.
One of the greatest challenges in regards to implementing a successful PMO, is being able to deal with continuous change(s).
The determination of what and how, can be improved, but requires both the organisation and the people to change the way they function in their business environment.
Successful change can be influenced by a variety of factors, which can affect the result of change itself, as well as the objectives of the PMO.
Specifically, an EPMO can act as a key enabler leading and supporting the organizational change work, therefore can make the change management process much easier, for the associated stakeholders.
In order for an EPMO to act a game changer, it is rather necessary to radically change the existing corporate structure, keep up with the challenges and align them with the corporate strategy and vision.
In this presentation you will discover how the PMO is vital to delivering real business results to companies that are seeking to maximized return on their investments and accelerate performance.
One of the greatest challenges in regards to implementing a successful PMO, is being able to deal with continuous change(s).
The determination of what and how, can be improved, but requires both the organisation and the people to change the way they function in their business environment.
Successful change can be influenced by a variety of factors, which can affect the result of change itself, as well as the objectives of the PMO.
Specifically, an EPMO can act as a key enabler leading and supporting the organizational change work, therefore can make the change management process much easier, for the associated stakeholders.
In order for an EPMO to act a game changer, it is rather necessary to radically change the existing corporate structure, keep up with the challenges and align them with the corporate strategy and vision.
In this presentation you will discover how the PMO is vital to delivering real business results to companies that are seeking to maximized return on their investments and accelerate performance.
PMO Handbook - How to Plan, Build, and Run a PMOAnthony Natoli
The purpose of this presentation is to provide a prescriptive guide on how to plan, build, and run a PMO from scratch or from an existing PMO that requires a reboot.
This was my dream assignment. I set up and built capabilities for a Project Management Office for a new technology division. I worked with my leadership, within the team, across with key stakeholders to design and implement a standardized Project Management approach for the team. The capstone of this experience, however, was working on the next phase of the PMO office. This presentation is what we shared with our division leadership to document our growth and map out ways to strengthen our capabilities.
Read more at leadanddeliver.com.
The term PMO has been around for many years but it stills creates confusion.
There is no standard definition of what a PMO is, even what some of the letters represent. A lack of common definition is acceptable, yet desirable since one-size does not fit all.
In this short presentation, the speaker will share his insights on PMO’s, purpose, mandates and why many PMO fails or are challenged. In addition, the speaker will discuss the critical link between PMO (Project Management Office) and OPM (Organizational Project Management) … closing with our hypothesis that unless the PMO own OPM, the organization will not achieve higher level of project management maturity and significantly enhance organization performance.
The Agile PMO: From Process Police to Adaptive Governance: This webcast provides techniques for an Agile PMO and discusses how those concepts are being applied in the industry. Presented by LitheSpeed.
Do you know what it takes to build a high-IMPACT PMO?
(attend the free training for this slideshare here: http://bit.ly/2Gu1I7S)
Whether you are starting a PMO for the first time, trying to get your PMO back on track, or just want to ensure that your PMO is as high-IMPACT as possible, this presentation will get right to the heart of what actually makes a difference, where you should start, and how to accelerate your PMO performance to deliver high-IMPACT outcomes for the organization.
It’s time to stop talking about “PMO survival” and ensure that YOU and your PMO are THRIVING!
This system has been developed leveraging more than 20 years of research and application of the most important techniques that Laura has used to transform the careers of hundreds of project managers, enabling them to become an invaluable strategic asset that business leaders are fighting over.
If you would like to attend the free training on this topic, go here: http://bit.ly/2Gu1I7S
After watching this presentation, you will be prepared to leverage a set of immediately applicable techniques to help you Get. It. Done.
Project Management Office Roles Functions And BenefitsMaria Erland, PMP
Created to demonstrate how an organization can improve the delivery of project management services both internally and externally using best practices. A project management office, empowered to govern a project portfolio, including the prioritization process that selects projects for the portfolio, can demonstrate measurable benefits by implementing a project management office using best practices. This presentation explains the roles, functions and benefits of such an office.
Delivered to clients in U.A.E and Africa within the past month at their request. Clients had already put in place a project methodology but now wanted support in maximising the benefits.
In this presentation, the Ricardo explains the project management office and the main types. He also shows the benefits gained, the mistakes and successes of a PMO, and the challenges to implement a PMO.
As a part of Skillogic Knowledge Solutions PMP Certification Training, here are slides which explains about "Project Management Framework"..
Skillogic is one of prominent training institute for PMP Certification Course in India. Having classroom training centres in Bengaluru/Bangalore, Chennai, Hyderabad, Mumbai, Pune and Delhi. If you are looking for PMP Training visit: http://in.skillogic.com/
PMO Handbook - How to Plan, Build, and Run a PMOAnthony Natoli
The purpose of this presentation is to provide a prescriptive guide on how to plan, build, and run a PMO from scratch or from an existing PMO that requires a reboot.
This was my dream assignment. I set up and built capabilities for a Project Management Office for a new technology division. I worked with my leadership, within the team, across with key stakeholders to design and implement a standardized Project Management approach for the team. The capstone of this experience, however, was working on the next phase of the PMO office. This presentation is what we shared with our division leadership to document our growth and map out ways to strengthen our capabilities.
Read more at leadanddeliver.com.
The term PMO has been around for many years but it stills creates confusion.
There is no standard definition of what a PMO is, even what some of the letters represent. A lack of common definition is acceptable, yet desirable since one-size does not fit all.
In this short presentation, the speaker will share his insights on PMO’s, purpose, mandates and why many PMO fails or are challenged. In addition, the speaker will discuss the critical link between PMO (Project Management Office) and OPM (Organizational Project Management) … closing with our hypothesis that unless the PMO own OPM, the organization will not achieve higher level of project management maturity and significantly enhance organization performance.
The Agile PMO: From Process Police to Adaptive Governance: This webcast provides techniques for an Agile PMO and discusses how those concepts are being applied in the industry. Presented by LitheSpeed.
Do you know what it takes to build a high-IMPACT PMO?
(attend the free training for this slideshare here: http://bit.ly/2Gu1I7S)
Whether you are starting a PMO for the first time, trying to get your PMO back on track, or just want to ensure that your PMO is as high-IMPACT as possible, this presentation will get right to the heart of what actually makes a difference, where you should start, and how to accelerate your PMO performance to deliver high-IMPACT outcomes for the organization.
It’s time to stop talking about “PMO survival” and ensure that YOU and your PMO are THRIVING!
This system has been developed leveraging more than 20 years of research and application of the most important techniques that Laura has used to transform the careers of hundreds of project managers, enabling them to become an invaluable strategic asset that business leaders are fighting over.
If you would like to attend the free training on this topic, go here: http://bit.ly/2Gu1I7S
After watching this presentation, you will be prepared to leverage a set of immediately applicable techniques to help you Get. It. Done.
Project Management Office Roles Functions And BenefitsMaria Erland, PMP
Created to demonstrate how an organization can improve the delivery of project management services both internally and externally using best practices. A project management office, empowered to govern a project portfolio, including the prioritization process that selects projects for the portfolio, can demonstrate measurable benefits by implementing a project management office using best practices. This presentation explains the roles, functions and benefits of such an office.
Delivered to clients in U.A.E and Africa within the past month at their request. Clients had already put in place a project methodology but now wanted support in maximising the benefits.
In this presentation, the Ricardo explains the project management office and the main types. He also shows the benefits gained, the mistakes and successes of a PMO, and the challenges to implement a PMO.
As a part of Skillogic Knowledge Solutions PMP Certification Training, here are slides which explains about "Project Management Framework"..
Skillogic is one of prominent training institute for PMP Certification Course in India. Having classroom training centres in Bengaluru/Bangalore, Chennai, Hyderabad, Mumbai, Pune and Delhi. If you are looking for PMP Training visit: http://in.skillogic.com/
APM event sponsored by the Northern Ireland branch on 27 April 2023.
Speaker: Petula Allison
This presentation by the APM Portfolio Management Specific Interest Group (SiG) focussed on bringing to life Portfolio management through case study of delivering and managing a transformation portfolio in the Financial Services and shares the theory on Portfolio Management (reference ‘The Guide to Portfolio Management’ written by the PfM SiG). This event was held on 27 April 2023.
The APM Portfolio Management SiG (PfM) aims to support everyone interested in PfM by promoting awareness of latest practices, researching new ideas, developing new approaches, and providing ways to share experiences and debate challenges.
The SiG’s intention is to be a major contributor to the future development of PfM through sharing knowledge and best practice and delivering the theory and case study of portfolio management in practice – collaborating with APM professionals in APM Branches and SiGs.
Case Study – Delivering a Transformation Portfolio at YBS
Q&A – Open Session
Portfolio Management – The Theory (From APM and Best Practice)
https://www.apm.org.uk/news/portfolio-management-and-how-it-can-deliver-organisations-strategy-and-value-1/
We help our clients solve big, complex industry issues and capitalize on opportunities to help deliver outcomes that grow, optimize and protect our clients’ businesses.
Our project portfolio management approach takes a holistic view of your company’s overall strategy, helps gain control of investments and helps to deliver meaningful value to the business. It focuses on the entire life cycle of the project
portfolio from planning to monitoring and on to delivery. This includes three major processes — portfolio strategy, planning
and portfolio operations: all three processes centre around both value alignment and identification within the business, as well
as value realization within your IT and operations functions.
Our holistic approach will enhance your organization’s chance of success in its transformation efforts because it will help
the organization to focus on the risks that matter. In addition, this approach will help enable a common risk language within
programs and projects, thereby strengthening your company’s risk culture.
ExcelR provides 4 days PMP® certification training in Kolkata as part of our Portfolio of Project management courses. PMP®, PMI® certification training is delivered by highly experienced and certified trainers who are considered as one of the best trainers in the industry. We are one of the best PMP® training institutes in Kolkata and our best – in -class trainings will equip you with thorough knowledge on Project management based on PMBOK® Guide Sixth edition and help you to get PMP® certified. Along with the 4 days training we offer you 180 day e-learning access, 3 sets of 200 simulated PMP® mock examinations, knowledge area wise mock tests, 35 contact hours, free online instructor led beginner MS Project Professional 2013 training and many more such facilities.
xcelr solutions is providing project management proffessional (PMP) training in hyderabad , india
it includes 3000 practice questions, free project management templates
it has 97.3% pass percentage rate.
it has both online and offline and for offline it is 12500/- and for offline 12500/-
Attend The PMP Certification From ExcelR. Practical PMP Certification Sessions With Assured Placement Support From Experienced Faculty. ExcelR Offers The PMP Certification.
<a href="https://www.excelr.com/pmp-training-in-abu-dhabi-united-arab-emirates"> ExcelR PMP Certification</a>
excelr solutions is providing project management proffessional (PMP) training in hyderabad , india
it includes 3000 practice questions, free project management templates
it has 97.3% pass percentage rate.
it has both online and offline and for offline it is 12500/- and for offline 12500/-
Excelr Solutions provides pmp training.we provide both Classroom and online professional training across the globe.24*7support Lifetime E-learning access.we have top notch faculty with rich industry experience.
Similar to Portfolios, Programs, Projects and the Enterprise PMO (20)
Portfolios, Programs, Projects and the Enterprise PMO
1. *Portfolios, Programs, Projects
and the Enterprise PMO
(Enabling the Delivery of Corporate & Business Strategies)
Shea Heaver, PMP
www.sheaver.com
2. *Opening Thoughts
PMOs contribution to performance improvement
Decrease in failed projects 30% Projects finish ahead of schedule 19%
Projects delivered under budget 25% Cost savings per project 15%
Improvement in productivity 22% Customer satisfaction increase 31%
The State of the PMO (2012)
“The Enterprise Project Management Office (EPMO) is an
obvious vehicle to deploy project governance from the
corporate level through to each and every project”
KPMG Global IT Project Management Survey, 2005
Percentage of companies with PMOs
2012 87%
2010 84%
2006 77%
2000 48%
3. *A PMO Can Support & Help with…
Business
Alignment
Practice
Management
Infrastructure
Management
Resource
Integration
Technical
Support
Project Portfolio
Management
Project
Management
Methodology
Project
Governance
Resource
Management
Mentoring
Customer
Relationships
Project
Management
Tools
Assessment
Training and
Education
Planning
Support
Vendor &
Contractor
Relationships
Standards and
Metrics
Organization and
Structure
Career
Development
Project Auditing
Business
Performance
Project
Knowledge
Management
Facilities and
Equipment
Support
Team
Development
Project Recovery
4. Clear, hierarchical and common objectives & standards
Coordinate prioritizing, planning & execution of projects
Facilitation of Resource Management
Between projects, within programs, across the portfolio
Aggregated Risks
Risk that are common to more than one project are better
managed at the program and/or portfolio level
Reciprocal and Horizontal Relationships…
…between interdependent business units and strategies
…among project and product objectives
…facilitate acceptance of selection and prioritization efforts
A project-centric approach yields detailed and timely
information enabling companies to react to market
demands…
*PMO Benefits and Value
5. *Strategies Drive the Business
Corporate
Strategy
Business
Strategy
Business
Strategy
Business
Strategy
Product
Strategy
Product
Strategy
Product
Strategy
Product
Strategy
Product
Strategy
6. The overall long-term objectives and goals of
the company.
Generally the strategy is deliberate, planned,
stable and does not change.
*Corporate Strategy
7. “A portfolio is a collection of projects and/or
programs and other work that is grouped
together to facilitate the effective management of
that work to meet strategic business objectives.
The projects or programs of the portfolio may be
mutually independent or directly related.”
Project Management Institute
*Portfolios
Examples
An item such as a briefcase for holding various materials OR the materials collected in the case
such as an artist’s or photographer’s portfolio of work
Investors or even yourself may have a portfolio of stocks, bonds etc..
Portfolios rely on a relatively stable corporate
strategy, with clear performance indicators
8. Established in response to specific business unit
decisions that support the corporate strategy.
Can emerge, change and be adaptive due to
various factors, but are always aligned with
corporate objectives.
*Business Strategy
9. “A program is a group of related projects
managed in a coordinated way to obtain benefits
and control not available from managing them
individually. Programs may include elements of
related work outside the scope of the discreet
projects in a program”
*Programs
Examples
NASA’s shuttle program
Car maker’s program(s) for cars or vehicle types
Acquire premium inventory for exchange
Charitable fundraising program(s)
Project Management Institute
10. An identifiable set of deliverables designed to
facilitate the success of business strategies.
Quantitative and measurable features
Can adapt due to market demand and/or
strategy requirements
*Product Strategy
11. “A project is a temporary endeavor undertaken to
create a unique product, service or result”
*Projects
Examples
A new website or software system
Upgrade existing mail server
Build a dog house
Send a rocket to Mars
“A project is much more than just a logistical
exercise in staying on time and within budget. It
is, in fact, a business imperative, a major
financial investment with goals that must be
successfully achieved…”
The Business-Savvy Project Manager – Gary R. Heerkens (McGraw-Hill)
Project Management Institute
12. Business
Strategy
Business
Strategy
Business
Strategy
Program
Program
Program
Program
Program
Program
Project Deliverables
Project Deliverables
Ongoing Work
Project Deliverables
Project Deliverables
Project Deliverables
Project Deliverables
Ongoing Work
Project Deliverables
Ongoing Work
Project Deliverables
Project Deliverables
Business
Benefits
Business
Benefits
Business
Benefits
Business
Benefits
Business
Benefits
E
N
V
I
R
O
N
M
E
N
T
A
L
I
N
P
U
T
S
*PMO Strategic Framework
C
O
R
P
O
R
A
T
E
S
T
R
A
T
E
G
Y Tactical Planning & Support Infrastructures (Portfolio, PMO)
Tactical Planning & Support Infrastructures (Portfolio, PMO) Corporate
Goals
Corporate
Goals
Corporate
Goals
Corporate
Goals
14. *Managing the Portfolio
Analyzing portfolio
of existing &
potential projects
Selecting projects
to be implemented
as part of the portfolio
Allocating resources
to projects that
have been selected
Collecting & storing
project data for perf.
measure. & future proj.
15. Business and technical strategy integration
*Why do we need a PMO
Integration of strategic initiatives and ongoing
operational work
Applying standard practices, controls and
performance metrics (CSF/KPI) for all projects
Improve project, program and company wide
team collaboration
It is a means to advance strategic goals
through the use of Project Management principles
A unified view of all strategic endeavors by
monitoring the health of the portfolio,
programs and projects
16. *PMO as The Binding Force
Strategic
Direction
&
Alignment
Project
Management
Program
Management
Portfolio
Management
Tools
Templates
Standards
Mentoring
Resource
Management
Metrics