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Project Management Office

The Tactical Guide for Building a PMO – How to Run a Successful PMO

Despite what you might read in the news, or hear at the water cooler, there’s a growing demand for information on building a PMO (project management office). Over the past few months, I’ve had the opportunity to share my perspectives on this topic based on my book The Tactical Guide for Building a PMO. It has been a fantastic opportunity; people have enjoyed the presentation and have told me they now have some “amazing takeaways” ...

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Organizational Project Business Management and PMOs: Executive View

Written with Darrel G. Hubbard Introduction During our PMO case study research over the past 13 years, we delved into the construct, organizational concept, and framework of Organizational Project Business Management (OPBM). In addition, we delved deeply into the models, framework, and organizational concepts of the Project Business Management Or­ganization (PBMO). We documented those research results in our latest book, A Compendium of PMO Case Studies – Volume II: Reflecting Project Business Management Concepts {Bolles ...

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Pulse of the Profession 2017: Good News for Project Managers

Only 27 percent of organizations have low project management maturity anymore, according to data surveyed from 3,234 global professionals in PMI’s 2017 Pulse of the Profession. A not so bad 39 percent have low portfolio management majority. At last, organizations are waking up to the financial and strategic benefits of mature management, as “Organizations that invest in proven project management practices waste 28 times less money.” The organizations that PMI considers to be real “champions” ...

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The Long-Term and Strategic Side of Project Management

In a post for the PM Perspectives Blog, Elizabeth Harrin considers a theory being discussed about the future of project management. Right now, managers spend the great majority of their time on operational concerns, with only a bit of time leftover for project sponsorship, planning, etc. But over the next few years, these priorities are expected to swap in importance. Harrin considers the implications. Plotting Moves First of all, while the significance of project work ...

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Enterprise Benefits Realization Strategy: Laying the Foundations to Maximize Return on Investment

When in high school I first heard about a cost-benefit analysis, it made a lot of sense to me that every investment (i.e. cost) made by a person or organization is expected to generate some type of return (i.e. benefit). That was probably the first time when I understood benefits in a logical and mathematical sense rather than in a generic and intangible way. Later on, as a project planner, I developed an even better ...

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A Five-Phase Approach to Launching a PMO

Having a project management office (PMO) is never a bad idea. PMOs offer the potential to positively transform a business, making them a hot area for improvement. In a post for Voices on Project Management, Mario Trentim explains the five-phase process to best implement a PMO: Assess Define Implement Improve Close out The Office Is Open The first step is to understand your organization and assess the current state of any project management practices. Before ...

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4 Questions to Ask When You’re Asked to Help Set Up a New PMO

It is an adventure when your organization decides to make the full jump from project management infrastructure to a formal project management office (PMO). However, if you are tasked with leading this transformation, you may find yourself wondering where to begin. In an article for Project Smart, Brad Egeland discusses the four questions that need to be asked in order to establish the best PMO: What types of projects will the PMO be responsible for, ...

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Advice from the Field: What Makes a Successful PMO?

Despite all of the potential a project management office (PMO) may be able to deliver, they have the tendency to fail. What distinguishes a successful PMO implementation done by a great PMO leader? In a post for PM Hut, Michelle Greer elaborates on some factors that differentiate the great PMO leaders from those that are sub-par. Three Factors for PMO Success Having small wins Use the pull vs. push approach. Make the processes and tools ...

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PMO FAQs: Frequently Avoided Questions about PMOs

Is a PMO a truly valuable investment? Recently, there have been four multinational organizations that have gotten rid of PMOs in their entirety. Is this an indication of events to come? In a post for Voices on Project Management, Mario Trentim has compiled a list of five unavoidable questions to ask in order to get the right start and help decide if a PMO is a necessity: Is a PMO essential for this particular organization? ...

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The Argument for Disbanding Your PMO

Is the project management office (PMO) an unnecessary obstacle preventing future progression? In a post for the Back from Red blog, the practicality of a PMO is analyzed and definitively put in its appropriate place. Do PMOs Shunt Responsibility? What is the role of a PMO? This tool is designed to fill corporate gaps in areas ranging from project prioritization to resource allocation to project management coaching. However, these goals are made in an effort ...

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