Advanced Project Portfolio Management And The Pmo by Gerald I. Kendall PDF

By Gerald I. Kendall

This accomplished e-book covers the method, strategies, and techniques wanted for winning venture portfolio administration. It outlines a street map to unparalleled undertaking administration development and encompasses a distinctive implementation plan for either strategic making plans and a PMO that provides you measurable ends up in weeks. The authors delineate 4 methods that get a PMO off the floor a lot quicker, riding bottom-line price presently. It contains actual PMO case experiences, offers how to evaluation your PMO, illustrates how Six Sigma and the PMO can aid one another and be used to force bottom-line price and provides the hot idea of Constraints 4x4 approach to strategic making plans and the serious Chain Multi-Project administration process. . This publication indicates you ways to show a PMO right into a worth computing device.

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Dr. Harold Kerzner comments, "If the project managers report to the PMO, then the PMO effectively micromanages projects and the result may be a loss of strategic direction for the firm. For strategic efforts, it may be advisable for the project managers to report to the strategic PMO on a part-time Chapter 2: The Right People, the Right Tools, the Right Data, the Wrong Result — Why PMO Implementatio 31 r 2: The32 Right People, the Right Tools, the Right Data, the Wrong Result — Why PMO Implementations Fail basis.

They are as follows: 1. Project Repository Model (a low or no value model) 2. Coach Model (a tactical model that can provide some value for a short time) 3. Enterprise Model (a strategic model oriented to central control of all major projects) 4. "Deliver Now" Model (a high-value strategic model focused on throughput, delivery acceleration and choosing the right projects) PROJECT REPOSITORY MODEL The PMO serves as a source of information on projects, methodology and standards in this model. This PMO assumes that the enterprise has embraced a cohesive set of tools for project design, management and reporting.

11 Are the authors asking too much of the PMOs? List the pros and cons. 12 If your PMO had a $100 million portfolio budget to help deliver, how much should the PMO expect to help save the business in a Throughput Model approach over the fiscal year? In a Cost Containment approach? 13 True or False — It is permissible to establish a PMO and hire staff before defining the PMO mission and requirements. 14 True or False — In a Throughput Model, the PMO often dictates the priority of projects in a portfolio.

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