PMO: Getting Your Project Management Office Started https://ift.tt/2CrRG9k
An emerging trend over the past 10-20 years (certainly in the information technology areas of a company) is to implement project management (PMO) office to help companies deliver on strategic plans. Project management has been around for centuries in various forms. As a discipline, it gained in importance in 1968 when the Project Management Institute (PMI) was formed to provide guidelines and insights on proper project management. PMOs have become more commonplace in large companies as the need to formalize practices is necessary to improve the efficiency and effectiveness of project management. The goal of this article is to discuss PMO: Getting Your Project Management Office Started. Insights will be reviewed that will help you prepare your organization for the implementation of your project management office. Types of Project Management Office (PMO) Structure The Project Management Institute (PMI) outlines three different PMO structures typically found in organizations in their book the PMBOK Guide: A Guide to the Project Management Body of Knowledge – Sixth Edition. Early on in your PMO efforts, you will want to decide the type of structure you want for your PMO:
Your decision on the structure will have varying effects on various stakeholders throughout the organization. Project Management Office First Steps: The following stakeholders should be considered at the beginning of your efforts:
Systems Support A critical component of a successful project management office (PMO) structure is a Project Portfolio Management (PPM) platform which also contains the capability to manage projects. PPM platforms come in a variety of sizes and styles and can range from ~$100,000 to over $1,000,000 per year. Understanding the needs of your project managers and other stakeholders will help you select the right system that meets your needs at an optimal cost. It is recommended that a formalized request for proposal (RFP) be conducted which includes the following considerations for the platform. Platform Features and Functionality
Project Planning and Project Management
Resource Management and Demand Planning
Other Steps Additional steps will be critical to the implementation of your PMO
You will find that the implementation of a Project Management Office (PMO) will prove to be one of the most effective means for to improve the execution of your projects and initiatives in reaching your company’s strategic goals. https://kamyarshah.com #SMBConsultants
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