My series on “Choosing the Right PMO” concludes with this post about the most important twin goals of an organization and therefore a PMO:
1. Execute strategies- the record is very poor here. Most companies do a very bad job of executing strategies. Strategies lead to tactics which lead to projects. If your project management is out […]
A PMO conducting research? Sounds like we have a mini-Gartner or AMR on our hands. And why not? This is the ultimate best of the best practice for a company and a PMO. The PMO is in the best position to do this because it is the vehicle that best supports execution of strategies.
The logic […]
Best of the best PMOs can support marketing strategies by continuously performing two projects (or project areas):
1. One factor/single focus that makes the organization number one in their industry- This is truly a continuous effort that can change focus often. The PMO that plays a leading role in this area helps a company maintain it’s […]
The first of the three areas of a PMO pursuing the “vision beyond the vision” is a PMO that initiates it’s own continuous improvement projects. These projects would require governance board approval and prioritization just like all projects. A PMO that can create it’s own projects that survive the glare of a governance board will […]
I could easily write a book on the “vision beyond the vision”. It would be about achieving the best of the best business practices. I was inspired to write about this ultimate vision after reading about what a PMO can become in the book that guided my thinking about the “Choosing the Right PMO Vision” posts: Advanced […]
Up to now we have been dealing with convincing (value selling) executives on the value of a PMO. The value assessment gives you a chance to “sell” the PMO to the organization and verify the value that was discussed in the visioning/modeling discussions. The marketing to the organization is extremely important to the PMO’s success […]
Once you agree on the problem that is being solved with a PMO deployment, and you have a pretty firm understanding of the PMO model and vision at the executive level, you are ready for a full blown value assessment effort. This is NOT an excel spreadsheet exercise. It is not a gap analysis with […]
My blog management at b5media runs promotions every once in awhile. The latest is “traditions”; obviously designed to associate with the Thanksgiving holiday tradition and all the things we do to make it a successful event. The word tradition caused me to think about how Vince Lombardi said that the team that blocks and tackles […]
Let’s sum up the value of the PMO models regarding the value points of project budget, throughput, and projects completed. I know this is oversimplified- value depends on many factors and situations. Each one of these areas will vary quite a bit; but for purposes of getting a feel for the relative magnitude you can […]
The Conference Board, a preeminent business research organization, recently published a new CEO survey. Interestingly, executing strategies and innovation are at the top of the list of challenges that CEOs are concerned with. As you know from my recent posts, Execute Strategy PMOs are designed to attack these challenges head on. Read The Conference Board’s overview […]
Innovation and executing strategies through projects
Written by Kim Beasley [email] for b5media.
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