PMO GOVERNANCE - CHANGE AGENT
(Evolution From PMO Immaturity to PMO Maturity)
Most PMOs have problems with project performance, such as: on-time delivery, within budgeted cost, poor metric reporting (i.e. BAC, EAC, ETC,VAC, etc), process inefficiency, dissatisfied stakeholder, undocumented business processes, no standardization, etc.
The resulting impact is costing the organization potentially tens of thousands, hundreds of thousands, or possibly millions of dollars on a portfolio level that should warrant immediate PMO Changes for productivity improvement.
Productivity improvement requires a Jump Start program, a review of the PMO Governance Current State for the cost reduction opportunities. We have such a program. The program works by consolidating metric data on a portfolio level, documenting process inefficiencies, assessing dollar value impact, and providing opportunity for improvement with recommendations.
Also, the program pays for itself by providing dollar quantification for potential PMO Governance productivity improvement (i.e. portfolio savings) for a Future State PMO Governance design.
PMO Leaders must understand the PPM Big Picture, always remembering the function of the PMO is an overhead cost. This is sometimes forgotten because the cost centers and profit centers are continually providing funds for implementing projects.
Team Exec understands as overhead cost can be reduced by ensuring that there is No Duplication of Effort for the Project & Program Managers to streamlining PMO Governance efforts while increasing productivity.
Current State - 2 Week Assessment
We provide a 2 Week Current State assessment for the existing PMO Governance highlighting the existing PMO Portfolio costs in comparison to a New Mature PMO Governance set-up including the following: metric reporting, standardization, templates, tools, and etc that will increase the opportunities for productivity improvement. As a bonus, this service is provided at a reduced rate with 3 Top Project Executive Summaries, processed through our award winning PPM Executive Command Center (PPM - ECC).
In addition, we provide an estimate of the Quality Improvement Productivity for time efficiency and cost savings for the New Future State Design.
Team Exec understands the “PPM Big Picture” as this tool was designed and developed using the #2 product (Balanced Scorecard) listed in the Harvard Business Review – Top 6 Products providing PMO’s with a fully integrated, dynamic and robust Project Portfolio Management (PPM) solution with dashboards and analytic reporting.
Team Exec has published an article the "Top Ten Reasons for Project Portfolio Management (PPM) Failure" in the PM World Journal.
PM WORLD JOURNAL:
July, 2016: Avoid PPM Failure
In conclusion, we welcome the opportunity to discuss this service leveraging experienced Team Exec members. We can demonstrate with Speed, Simplicity and Self-confidence evolution very quickly into a mature PMO.