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. The Secret is in Using a Top-Down Approach.

The Balanced PMO

The Lazy Project Manager

The same is true of the PMO. A balanced approach will definitely pay dividends and will not only ensure that the PMO is as effective and efficient as possible but will also aid the acceptance of the PMO by the rest of the organisation. For example, if your PMO is created solely with the purpose of being the ‘project police’ then you will be in for a very short run.

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Where to Start in Finding a Great PMO Job

Arras People

You’re looking for a new job in PMO, you don’t just want any job, you want a great job. In this article we start by taking a look at the most important component when it comes to finding a new PMO job. I get a lot of questions from PMO practitioners who find job hunting a struggle – often they can’t work out why there are no positive responses to applications they make or why interviews are not ending in success and a job or contract offer. So for example, the PMO context.

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The PMO is Dead… Long Live the PMO!

Arras People

In this guest post from Christopher Worsley at CITI he looks at one of my favourite subjects, the PMO. For those of you who have worked in this field I’m sure you’ll recognise some of the scenarios that can lead to the demise of a PMO. You may or may not agree with his thoughts around the PMO, ” it is a function not a department” or indeed that PMOs are binned because they become stakeholders. What is a PMO anyway? The PMO gets disbanded.

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Realign Your Vision – 3 Ways The PMO Can Drive A Successful Business Transformation

Speaker: Peter Taylor, Speaker/Author, The Lazy Project Manager

Business transformation is a high priority in today's corporate landscape - a fact that the C-Suite is well aware of. But once executives have decided to implement some type of transformation, they often rush to de-prioritize it. Sometimes they even stop paying any attention at all to this critical organization change, delegating essential strategy projects to those with little to no relevant experience. Enter: the project management office. PMOs are uniquely situated to orchestrate organizational change, all while building a landscape that is centered around collaboration and social interaction.

How to “Brexit Proof” Your Project Strategy

Arras People

The event’s title of “ How to ‘Brexit-Proof’ your Project Strategy before December 14th 2018 ” provided a clear picture of the key strategies you should employ in order to best prepare for Brexit. Held at the prestigious IoD (Institute of Directors) the speakers looked at how Project Leaders could apply Agile PMO, risk management, project governance, procurement, and change management to the range of project controls and management challenges Brexit will pose.

Online Training: RapidStart PMO Review

Girl's Guide to PM

RapidStart PMO: Online Project Management Training Review. Diab is the CEO of Leadership Formation, a consulting firm that focuses on helping organisations with strategy, alignment, execution and people. The paid course covers everything you’d need to get a PMO up and running in a few months. There are two workstreams within the RapidStart methodology: Workstream 1: Designing, launching and aligning the PMO. Then it talks about aligning the PMO.

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PMO: The Gap Closers

Strategy Execution | PMO Perspectives

In a new report from Strategy Execution, 86% of organisations which are delivering change through programmes and projects struggle to prioritise work streams and resources. All these insights form the basis of the latest survey from Strategy Execution which focuses on the emerging trends and the impact on skills. The PMO: Gap Closer. It’s the PMO. The only entity that exists today that can support that is the PMO. Where the PMO Closes the Gap.

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Sustain Your PMO: Nine Easy Lessons

The Lazy Project Manager

As has been already discussed the reality out there in ‘PMO land’ is that there is not a plethora of wise and experienced PMO managers, directors, leaders, heads, etc., and so it is sensible for anyone who is engaged to help an organisation set up a new PMO or advise on improvements to an existing PMO to reach out for some help. The risk to not doing so is to, at the very least, slow the return on investment of the new PMO down. Is the PMO model the right one?

PMO Spotlight – Michelle Kinzie @ Constellation Brands

Clarizen

I then moved to Rochester, NY to pursue my MBA in Marketing and Strategy from the Simon School of Business. Tell us more about the types of projects in your portfolio and how your PMO operates. That has always been a passion of mine and why I got my master’s in Marketing & Strategy.

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What Makes Organisations Fail to Execute Their Strategy?

Strategy Execution | PMO Perspectives

After some tapping on their laptop, they proudly showed me their new corporate webpages, proclaiming their ‘strategy’, ‘vision’ and ‘mission’ statements. [1] All we need to do now is execute that strategy! Strategy is not hard to understand: Where is our chosen market? 3] And choosing to perform activities differently, or performing different activities is crucial, otherwise, as Porter said, strategy is just a marketing slogan. [4].

The International PMO standard from AIPMO

Henny Portman

AIPMO is developing the first ‘leading’ international PMO standard based on a combination of research findings and expert knowledge. P3O or IPMA PMO certifications are not comparable to AIPMO’s core certifications in terms of approach, content and outcome. AIPMO’s core PMO certifications covers much more! To support the certifications and running or assessing a PMO there will be 7 core publications (still work in progress). PMO Services and Capabilities.

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Is Your PMO a Healthy PMO?

MavenLink

So here you are, leading a successful project management office (PMO) and all is well with the world. If the answer to any of these is “yes,” then now is the time to move onwards and upwards (according to your plans); perhaps extending to an enterprise level PMO and connecting with your clients’ PMOs, for example. As a starting point, why not just re-validate the current support for your PMO and also re-validate the business need? As is taking your PMO “pulse.”.

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PMO in a Professional Services Firm

EasyProjects

The project management office (PMO) is typically an operating unit of a professional services firm. The writer worked for an extended period in two firms that may broaden the concept of the PMO. Meaning of PMO, its role and responsibility. What are the benefits of the PMO?

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The Need for an Innovative PMO

MPUG

Traditionally, the department managing the flow of projects, including innovation initiatives, is the Project or Portfolio Management Office (the PMO). According to the Project Management Institute, 71% of companies have a PMO, a steady rise over the past ten years. Other recent surveys suggest that 90% of large enterprises , 88% of midsize companies, and 61% of small companies now have a PMO, too. The post The Need for an Innovative PMO appeared first on MPUG.

Project Management Careers Q&A – PMO Manager Career Path

Arras People

I’ve been working as a PMO Manager for a number of years now and I want to progress further into portfolio level PMOs, getting involved in strategy execution and generally working at a more senior level. As well you know, there are many different types of PMO in existence so the transition you make will largely depend on this – the culture, context, and the type of services provided by your PMO today. All terms that are associated with great Portfolio PMO leaders.

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Top Ten PMO Themes 2019

Strategy Execution | PMO Perspectives

Last week it was the fifth PMO Conference in London. With over 400 PMO practitioners from around the globe and over 20 sessions to choose from, there’s a lot to learn about where PMO is heading right now. Strategy Execution were there catching up with PMO practitioners and discussing the latest challenges PMOs are facing today. Staying with the reporting theme, data analytics will be a game changer for the PMO in the coming years. Agile for the PMO.

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How to connect business strategy with project management

Moira Alexander

To align business goals with project management (PM), leaders from the enterprise project management office (EMPO) or project management office (PMO) need to be involved in strategic planning sessions alongside senior-level management. Suresh Srinivasan, CTO at NYU Langone Medical Center , tells CIO, within the NYU IT department there are two key components that link the business strategy and project management. The first component is building the institutional IT strategy.

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How to Achieve Results Through Implementing PMO?

Project-Management.pm

Implementing PMO is the key to combat such issue. With this, PMO will take over various components of the agency such as strategy , quality of the products, and enhancement of resource management. PMO is crucial and a key instrument in for the success of any existing agency. Implementing PMO will boost all the agency’s structures and that includes the results that they will deliver. Implementing PMO Step#1: Evaluation . Implementing PMO Step#2: Planning.

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5 More Advanced Training Options for the PMO

Strategy Execution | PMO Perspectives

Back in 2015, we took a look at the five advanced training options for people working in PMO. Four years on and a few things have changed in the PMO field. There is now another PMO certification option available alongside P3O from AXELOS and the PPSO ones from BCS, both of which feature in the last article. The AIPMO has introduced deeper learning for PMO practitioners – for practitioners at different stages of their career. Strategy.

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PMO Leadership: How PMOs Can Evolve into Savvy PMOs

Planview

PMO leadership today is about more than being a purveyor of governance and delivering projects on time and on budget. The Savvy PMO fosters organizational agility, cultivates efficiencies, and drives growth strategies. The PMO leadership journey to becoming a Savvy PMO builds on a collaborative approach to adapt processes, support multiple work methodologies, and relook at their toolset. Start with this quick-start post to becoming a Savvy PMO.

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Strategy Implementation Needs Great Portfolio Management

Strategy Execution | PMO Perspectives

In recent years, portfolio management has evolved from an administrative process, in which projects are selected and prioritised, to one of the key ways in which organisations can focus on strategy implementation. Aligning most of the projects and programmes to the organisation’s strategies is one of the most important benefits of implementing organisational portfolio management. This post first appeared on PMO Perspectives Blog. Portfolio Management Strategy Execution

Successfully Deliver Strategy… Fast

Planview

So far in this blog series, we have defined strategy, covered the basis of strategic planning, and discussed who to include in your strategic planning team. If you need a refresher on the first two phases of this rescue mission, read through parts 1 and 2 below: Part 1: Failing to Deliver Strategy… Slowly. Part 2: Begin to Deliver Strategy… Fast. Step 1: Start with strategy. The post Successfully Deliver Strategy… Fast appeared first on Planview Blog.

Why PMOs Fail: 5 Shocking PMO Statistics

Keyedin

As you can see from the quotes below, there is much to be concerned about as you set up your PMO and Project Portfolio Management (PPM) strategy. Since 2008, the correlated PMO implementation failure rate is over 50% (Gartner Project Manager 2014). One of the overriding issues fueling these poor stats is the fact that in many organizations, there is a wide gap between what the PMO is doing and what the business expects.

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How to develop a PMO strategic plan

Moira Alexander

Having a solid company-wide strategic plan provides the blueprint that all PMO initiatives should align with and be measured against. Unfortunately, only 41 percent of strategic PMOs have a high level of alignment with their organization's strategy. Given the likelihood of project failure , organizations are under increasing pressure to develop a PMO strategic plan.

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How the Savvy PMO Does Demand Management

Planview

Have no fear, the Savvy PMO is here! Your team of experts can objectively assess all incoming work for alignment to strategy, risk mitigation, customer impact, overall improvement, financial benefit, capacity, and more. As a result, you can better select the initiatives that align to your business goals and strategies and continuously deliver value. The Savvy PMO knows that employees are a great source of ideas, but they need an easy way to submit them.

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Top 5 PMO Trends for 2017 You Can’t Afford to Ignore

Arras People

In this article, Patrick Tickle from Planview * gives us the top five trends for any PMO wanting to stay ahead of the game – in this fast paced interconnected world. What does the “P” in PMO stand for? White Paper: 8 Reasons Your Business Strategy Might Just Fail. PMO future trends in project management trendsHeard the saying, “Change has never happened this fast before, and it will never be this slow again”?

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Building an Effective Communication Strategy for Your PMO (Program/Project Management Office)

Keyedin

Any one who has ever had to suffer through excessive use of the “reply all” email function at their organization immediately understands that deciding what to communicate to whom, at what level of detail and at which point in the process can be a puzzle for the PMO. It helps to have an overarching communication strategy running with clear deliverables and focused messaging. Learn how to standardise communication across your PMO with KeyedIn Projects

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Building an Effective Communication Strategy for Your PMO (Program/Project Management Office)

Keyedin

Any one who has ever had to suffer through excessive use of the “reply all” email function at their organization immediately understands that deciding what to communicate to whom, at what level of detail and at which point in the process can be a puzzle for the PMO. It helps to have an overarching communication strategy running with clear deliverables and focused messaging. Technology is sometimes only as good as the principles that govern its application.

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How to develop a PMO strategic plan

Moira Alexander

Having a solid company-wide strategic plan provides the blueprint that all PMO initiatives should align with and be measured against. Unfortunately, only 41 percent of strategic PMOs have a high level of alignment with their organization's strategy. Given the likelihood of project failure , organizations are under increasing pressure to develop a PMO strategic plan.

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Is Joining a PMO the Right Career Move for You?

LiquidPlanner

Project managers wonder where the PMO fits in their career as many project managers are rewarded with more projects and higher complexity and scope—not detours into process, methodology, and compliance. If you are a PM who has considered a PMO assignment, you may have asked yourself these questions: Where does the PMO fit in this career path? Is joining a PMO a good career move? Will I be stuck if I go into the PMO? Five Reasons to Join a PMO.

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Healthcare PMO: BCBS Roundtable Exchanges Thought Provoking Ideas

Planview

A healthcare PMO today must have a strong constitution. Challenges Connecting Strategy and Delivery: “How do we ensure we are investing in the right things?”. One of the challenges discussed was how the healthcare industry’s constantly shifting dynamics make connecting strategy to delivery more complex at all times. Healthcare PMO’s should ensure that the organization has the right portfolio mix to accomplish its goals and be able to pivot and re-prioritize as needed.

Lessons in How to Drive Large Scale Digital Transformations

Clarizen

Watch this video to learn more about the goals they have/had, the strategies they employed, and the lessons learned throughout the process. Aimee Shea, Director of PMO at Cisco Capital: Aimee leads the PMO which sits within the larger strategy & product development team at Cisco Capital.

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Why PMOs Fail: 5 Shocking PMO Statistics

Keyedin

As you can see from the quotes below, there is much to be concerned about as you set up your PMO and Project Portfolio Management (PPM) strategy. Since 2008, the correlated PMO implementation failure rate is over 50% (Gartner Project Manager 2014). One of the overriding issues fueling these poor stats is the fact that in many organizations, there is a wide gap between what the PMO is doing and what the business expects.

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Project Prioritization as a Savvy PMO

Planview

Regardless of whether you’re still learning how to prioritize projects or you’re a seasoned veteran, you can walk away from this blog knowing how to become a Savvy PMO. It may require a little experimenting to find the right method to match the needs of your PMO and organization. The Savvy PMO is grounded in reality when creating their prioritized list. Demonstrating the importance of your PMO by delivering value based on strategic outcomes rather than project outputs.

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PMO Leaders: Creating Executive Conversations that Convert

Keyedin

Convert your executive sponsors and leaders to staunch supporters of your PMO. If your leadership team does not understand your PMO capacity and corresponding strategy, they may have a difficult time trusting you with their most crucial business goals. We recently hosted a webinar titled “ Modern Capacity Planning – Putting the Strategy into Resource Management ” in which many attendees cited this problem as paramount in their organizations.

Begin to Deliver Strategy… Fast

Planview

If you’ll recall, we previously got you set up to translate your organization’s strategy into a top down vision with metrics in the blog, “ Failing to Deliver Strategy… Slowly.” But no one can do this alone—you need a strategy planning team to set up a strategic plan that the organization can deliver… fast. Effective strategy planning will take multiple departments. Challenge your executives to begin translating strategy one step below the vague vision statement.

Surviving the Zombie PMO Apocalypse

Planview

The PMO is under fire … but why? Perhaps the business is evolving and the focus of the PMO has shifted. Is digital transformation and the need to drive growth strategies across the organization creating complexity? Can the PMO handle it, or is it dangerously slow in responding to change and delivering business value? The Zombie PMO pandemic is upon us. Zombie-PMO Symptoms. You already have smart, resourceful people in the PMO–leverage them.

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IT PMO - KPI Dashboard for PMO

Techno-PM

PMO KPI Dashboard - Excel While more and more IT organizations have a project management office (PMO) in place nowadays, the percentage of IT PMOs which are terminated after just a brief period of time is far from encouraging. Download This Template PMO KPI Dashboard This scenario can have several causes; however, a common reason is the lack of communication of the value of the PMO to the organization. The PMO delivers so many more services, why not measure these too?!

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How Do You Conduct Resource Planning as a Savvy PMO?

Planview

Today’s enterprises are increasingly looking to the PMO to boost the bottom line. The Savvy PMO consistently assigns its people to the highest value work and rebalances roles, people, and team assignments to ensure strategic alignment. It’s people first for the Savvy PMO. Once you figure out which processes and strategies work best, you can add more resources later. The next step is to select your staffing strategy.

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