Ulohomuno, Eze, Afieroho. PMP – September 2017
BY
ULOHOMUNO, EZE. AFIEROHO MBA,PMP,COREN
THE PMO – ENABLING STRATEGY EXECUTION EXCELLENCE
Ulohomuno, Eze, Afieroho. PMP – September 2017
TABLE OF CONTENT
• Understanding the PMO landscape
• THE PMO – suffering identity crisis, but value creating
• THE PMO – enabling strategy execution excellence
• Establishing a high performing PMO
• The need
• Values and capabilities
• Implementation framework
• Setting the agenda- establishing the PMO value
2
Ulohomuno, Eze, Afieroho. PMP – September 2017
3
UNDERSTANDING THE PMO LANDSCAPE
Ulohomuno, Eze, Afieroho. PMP – September 2017
THE PMO – suffering identity crisis, but value creating
• Organizations are gradually recognizing the value of project management and the PMO
 upward trend—from 61 percent in 2007 to 71 percent today
.
4
US$71 million to
in the form of revenue or cost
reductions
81% top performing
organizations have a PMO,
compared to 59% of
underperformers
There is no formalized model
and no standard consensus on
the “right” form of a PMO.
There is also little consensus
even on fundamental notions,
such as what the letters
actually stand for.
• Though suffering Identity crisis- it is no longer a nice-to-have, but a need-to-have
Culled from PMI’s Pulse of the Profession
Ulohomuno, Eze, Afieroho. PMP – September 2017
THE PMO – Enabling Strategy Execution Excellence
• An evolving concept that create value when aligned with strategy
• Shifting from purely administrative to incorporate the strategic,
5
The PMO- help an organization execute their strategy; choosing the optimal set of projects;
effectively executing; and realizing benefits
Culled from PMO competency continuum by Gerard M. Hill (2004)
Ulohomuno, Eze, Afieroho. PMP – September 2017
6
ESTABLISHING A HIGH PERFORMING PMO
Ulohomuno, Eze, Afieroho. PMP – September 2017
THE NEED
7
Orchestrating a portfolio of projects, for different customers with rapidly changing business needs
requires;
• Collective insight that aligns investment agenda with the organization’s strategic plan.
• Project planning tools and direct oversight that maximize the potential for achieving targeted
outcomes and objectives.
• Collaboration capabilities that remove organizational and geographic boundaries for faster, better
decision making.
A PMO will help DJL deliver greater value throughout its ecosystem of project participants,
business decision makers, and customers and clients
Ulohomuno, Eze, Afieroho. PMP – September 2017
VALUES & CAPABILITIES
8
Standards
• establishing, maintaining, and maturing a set of policies and procedures to
govern project delivery within the organization
Knowledge
• executing activities associated with knowledge acquisition and dissemination
for the benefit of project practitioners (including training)
Consulting
• assisting with or directly managing the execution of projects as required in
order to provide “expert guidance”
Invest- Portfolio Management
•Mature processes and frameworks to
select the right projects, that align with
strategic goal and optimise the return on
investment
Execute- Programme Delivery
•Improving the management and delivery
of projects, programs and overall
portfolios
Realise- Benefit Realisation
•Managed Benefits delivering intended
outcomes
PMO Value
PMO Capabilities
Ulohomuno, Eze, Afieroho. PMP – September 2017
IMPLEMENTATION FRAMEWORK
9
Ulohomuno, Eze, Afieroho. PMP – September 2017
SETTING THE AGENDA- Establishing the PMO value
10
Formalizing the
Value Proposition-
PMO Objective
• Translate the high focus
area/opportunity into
concrete set of deliverables
• Set realistic timeline for
each deliverable
• Define benefits for each
objective
Establishing
Meaningful Value
Measures
• Determine the potential
areas where the PMO may
provide value, considering
the current challenges or
opportunities that the
organization faces
Establishing
Mission for
Success
• The focus should be on the
transformational nature of
how the PMO will impact
and improve the
organization
Ulohomuno, Eze, Afieroho. PMP – September 2017
THANK YOU

THE PMO – ENABLING STRATEGY EXECUTION EXCELLENCE

  • 1.
    Ulohomuno, Eze, Afieroho.PMP – September 2017 BY ULOHOMUNO, EZE. AFIEROHO MBA,PMP,COREN THE PMO – ENABLING STRATEGY EXECUTION EXCELLENCE
  • 2.
    Ulohomuno, Eze, Afieroho.PMP – September 2017 TABLE OF CONTENT • Understanding the PMO landscape • THE PMO – suffering identity crisis, but value creating • THE PMO – enabling strategy execution excellence • Establishing a high performing PMO • The need • Values and capabilities • Implementation framework • Setting the agenda- establishing the PMO value 2
  • 3.
    Ulohomuno, Eze, Afieroho.PMP – September 2017 3 UNDERSTANDING THE PMO LANDSCAPE
  • 4.
    Ulohomuno, Eze, Afieroho.PMP – September 2017 THE PMO – suffering identity crisis, but value creating • Organizations are gradually recognizing the value of project management and the PMO  upward trend—from 61 percent in 2007 to 71 percent today . 4 US$71 million to in the form of revenue or cost reductions 81% top performing organizations have a PMO, compared to 59% of underperformers There is no formalized model and no standard consensus on the “right” form of a PMO. There is also little consensus even on fundamental notions, such as what the letters actually stand for. • Though suffering Identity crisis- it is no longer a nice-to-have, but a need-to-have Culled from PMI’s Pulse of the Profession
  • 5.
    Ulohomuno, Eze, Afieroho.PMP – September 2017 THE PMO – Enabling Strategy Execution Excellence • An evolving concept that create value when aligned with strategy • Shifting from purely administrative to incorporate the strategic, 5 The PMO- help an organization execute their strategy; choosing the optimal set of projects; effectively executing; and realizing benefits Culled from PMO competency continuum by Gerard M. Hill (2004)
  • 6.
    Ulohomuno, Eze, Afieroho.PMP – September 2017 6 ESTABLISHING A HIGH PERFORMING PMO
  • 7.
    Ulohomuno, Eze, Afieroho.PMP – September 2017 THE NEED 7 Orchestrating a portfolio of projects, for different customers with rapidly changing business needs requires; • Collective insight that aligns investment agenda with the organization’s strategic plan. • Project planning tools and direct oversight that maximize the potential for achieving targeted outcomes and objectives. • Collaboration capabilities that remove organizational and geographic boundaries for faster, better decision making. A PMO will help DJL deliver greater value throughout its ecosystem of project participants, business decision makers, and customers and clients
  • 8.
    Ulohomuno, Eze, Afieroho.PMP – September 2017 VALUES & CAPABILITIES 8 Standards • establishing, maintaining, and maturing a set of policies and procedures to govern project delivery within the organization Knowledge • executing activities associated with knowledge acquisition and dissemination for the benefit of project practitioners (including training) Consulting • assisting with or directly managing the execution of projects as required in order to provide “expert guidance” Invest- Portfolio Management •Mature processes and frameworks to select the right projects, that align with strategic goal and optimise the return on investment Execute- Programme Delivery •Improving the management and delivery of projects, programs and overall portfolios Realise- Benefit Realisation •Managed Benefits delivering intended outcomes PMO Value PMO Capabilities
  • 9.
    Ulohomuno, Eze, Afieroho.PMP – September 2017 IMPLEMENTATION FRAMEWORK 9
  • 10.
    Ulohomuno, Eze, Afieroho.PMP – September 2017 SETTING THE AGENDA- Establishing the PMO value 10 Formalizing the Value Proposition- PMO Objective • Translate the high focus area/opportunity into concrete set of deliverables • Set realistic timeline for each deliverable • Define benefits for each objective Establishing Meaningful Value Measures • Determine the potential areas where the PMO may provide value, considering the current challenges or opportunities that the organization faces Establishing Mission for Success • The focus should be on the transformational nature of how the PMO will impact and improve the organization
  • 11.
    Ulohomuno, Eze, Afieroho.PMP – September 2017 THANK YOU

Editor's Notes

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