Remove Definition Remove Governance Remove Monitoring Remove PMO
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Review Individual Competence Baseline – Reference Guide ICB4 for PMO

Henny Portman

This new IPMA standard defines the competences for the individuals working in PMO. A PMO has three main activities: Design – the creation, establishment and maintenance of standards, processes, procedures, and tools that define how work should be done inside. Can a PMO employee not be a portfolio manager or portfolio analyst?

PMO 52
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How to Build and Implement a Project Strategy

ProjectManager.com

Project Management Office (PMO): A PMO is responsible for defining and maintaining the standards for an organization’s project management. They help with prioritizing projects, providing governance guidelines and ensure that projects are beneficial to the organization by aligning with larger strategic goals.

Budget 363
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Cure Your Zombie PMO

Planview

Breaking news update: as I previously reported in the blog, “ Symptoms of the Zombie PMO ,” zombification is still proliferating in businesses throughout the world. In this updated report, I will expound upon the cures discussed by experts in the on-demand webinar, “ Avoiding the Pitfalls of a Zombie PMO.”.

PMO 109
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What Is Lean Portfolio Management? A Quick Guide

ProjectManager.com

Lean portfolio management is a process by which strategy is aligned with execution using a lean approach and agile portfolio operations and governance. Be sure to monitor your planned costs against your actual costs to stay on track and reallocate as needed. Execute Lean Governance. What Is Lean Portfolio Management?

Lean 322
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Aligning the PMO to Organizational Strategy

WorkOtter

“How do you sell management on the relevance and importance of the PMO to the organization?”. This is one of the top questions pondered by the majority of PMO leaders I have met in the workshops I have presented over the years. To do this the PMO must become aligned with the organization’s strategies, goals and objectives.

PMO 60
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The Risk Management Plan

Project Risk Coach

If you have a PMO, see if they have a risk management template. Methodology – Describe the methods of how you will identify risks, assess risks, perform risk response planning, and monitor risks. Companies with strong risk governance may require that you use a standard set of risk categories.). Will you quantify risks?

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Some thoughts on Setting up a PMO

Jez Lister

I first came across the Project Management Office or PMO concept twenty-five years ago whilst working as a project manager for a large systems integrator. Most of my colleagues – myself included were initially unclear about the purpose of the PMO and assumed that we were all to be relocated to new offices. PMO as a Service Provider.

PMO 40