Solving the PMO Predicament: Learn How to Create a Successful PMO
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Transcript of Solving the PMO Predicament: Learn How to Create a Successful PMO
Presentation Here3:45 pm
SOLVING THE
PMO
PREDICAMENTLearn How to Create a Successful
PMO
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When was the concept of Project Management Offices first developed, and what industries first
successfully practiced it?
PMO Trivia
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• The number of organizations with an established PMO jumped from 47 percent in 2000 to 84 percent in 2010
• The average number of people reporting into an established PMO is 16 up from 9 in 2006
• The median number of projects that organizations with PMOs work on per year is 36; those without = 18
• 80% of PMOs fail in their first year
• It takes PMOs three years to be successful
Statistics
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The business of business is projects – nearly every
business function is essentially about planning, executing and reporting on
projects.
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• Better adherence to Project Lifecycle– Project Submission– Resource Requests– Scope & Change Management
• Removal of Information Traffic Jams
• Consolidates reporting across all projects
• Aligns projects with company objectives
• Efficiently manages/tracks resources
Benefits of a PMO
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• Get Executive Buy-in
• Define your purpose
• Categorize your PMO
• Define Success Metrics (KPIs)
Where to Begin
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• Embrace Resource Management
• Identify tools
• Network to grow knowledge
• Promote your PMO / Celebrate
Where to Begin
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• PMO Creation is an emerging trend yet is often met with failure
• PMO Implementation projects are Organizational Change projects
• The PMO requires a clear mission based upon the needs of its customers
• People are the most important resource of the PMO
• PMO creation is a journey, not a destination
• Management needs to know that the investment is paying off
Key Things to Remember
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THANK YOU!