SPM Lecture 24 (Pmo)
SPM Lecture 24 (Pmo)
SPM Lecture 24 (Pmo)
Lecture # 24
Summary of Previous Lecture
In previous Lecture, we have discussed about
Project Portfolio Management
Definition of Portfolio Management
Need of Project Portfolio Management
Goals of Project Portfolio Management
Benefits of Project Portfolio Management
Limitation of Project Portfolio Management
Project Portfolio Management Examples
Literature on Project Portfolio Management
OMP3
The Project Management Office
The Project Management Office
7
Who benefits from PMO?
Executive Stakeholders
Project portfolio management, Resource Managers
reporting Skills-based resource
management
Team Members
Use familiar tools to collaborate,
report status
IT Managers
Project Managers Open, secure
Intuitive project management systems
IT Managers
Team
Executive
Members
Resource
Project Stakeholders
Managers
Managers
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The Journey….
Resource Management
• Skill-to-task matching
• Resource gap analysis
• Rresource optimization
Communications Management
Change Management
Communications Management • Identification and elimination of organizational
• Centralized program and project reporting barriers to change
mechanisms • Management of employee resistance to change
• Inter-project communications • Assurance of effective involvement of, and
• Post-implementation tracking and feedback communication with, all project and program
constituencies
PMO Assistance/Support Areas
Project Project
Support Resources
• Project reviews/evaluation - Identification of suitable
• Project initiation/closing Resources for projects
• Assist with troubled projects The Project Management - Management of resources
across projects
Office
Consulting
and Methods Training
Mentoring and
• Knowledge transfer Standards • Provide SE Process trainings
• PM best practices competency • Provide PM T& tools trainings
• Adherence to PM & SE Standards
• Succession planning • Provide Training Materials
• Promote PM & SE Methods
• Accessibility of Methodology
SE = Software Engineering
PM = Project Management
Types of PMO
Early on in PMO history, the Gartner Group identified three PMO models
as flourishing: Project Repository Model, Project Coach Model &
Enterprise PMO Model
There are Many types of PMO Models defined in various books but PMO may be
categorized in 3 types:
People New Mix of core and new cohesive team high performing
resources team with
established career
path
EPM Sub-capabilities
EPM Components
Scheduling Resource Plans Data Warehouse Timesheet Portfolio Analysis
Platform
Project Workspaces
Timesheets
Projects
Prioritize Business Drivers Impact Assessment
Derive a priority score to evaluate each project Analyze the project portfolio before attempting
request (that is, strategic value, financial value, risk) to make funding decisions