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PMOs as profit centres

Project Accelerator News

During this mayhem, PMOs struggle to evade the cost cutting knife and are forced to cut back resources and scale down services. Subsequently, selected staff are normally transferred to departments with budgets, while others are made redundant. Here lies the opportunity for PMO directors to turn the situation to their advantage.

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Strategy Implementation Needs Great Portfolio Management

Strategy Execution | PMO Perspectives

In this article I talk about the latest developments in portfolio management, drawing on my own experience as Head of Portfolio Management for three leading multinationals, as well as the dozens of workshops with top executives and senior government officials that I have facilitated around the world. Portfolio Management and Risk Management.

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Project Cost Management – The Essential Things to Know and Do

Online PM Courses

But there’s little your project sponsor, your client, or their Finance Director care about more than your budget and how closely you can stick to it. Instead, you must act with determination to understand project cost management and implement all the tools at your disposal to control costs and bring in your expenditure on budget.