Overview

PMO VALUE RING was created in collaborative research work, with the participation of dozens of PMO professionalsfrom different countriesPMO VALUE RING has 8 Steps:1-COLLECTING PMO STAKEHOLDERS EXPECTATIONS:2-DEFINING THE PMO MIX OF FUNCTIONS:3-DEFINING PMO PROCESSES4-DEFINING PMO PERFORMANCE INDICATORS.5-HOW TO ASSESS THE COMPETENCIES OF PMO TEAM MEMBERS, AND ESTABLISH IMPROVEMENT PLANS.6-HOW TO EVALUATE THE MATURITY OF THE PMO, AND ESTABLISH EVOLUTION PLANS.7-HOW TO EVALUATE PMO ROI.8-HOW TO ESTABLISH A STRATEGIC MONITORING PANEL FOR THE PMO.The eight-step cycle of the PMO VALUE RING should be repeated periodically, every 12 months at most. However, it is important to remember that whenever there is a significant change to the PMO, it is fundamental to reapply the entire framework, to ensure the realignment of the PMO to the new needs.**Choosing a "type" of PMO is the first step to failure as it induces the organization to follow pre-established models as if they are the way to success.**Reality shows that flexibility is the key to generating value. Thus, there is no "ideal type" of PMO.**Choosing a "type" is dispensable. What matters is that the PMO offers services (functions) that meet the needs of its stakeholders.**The PMO function mix can simultaneously be strategic, support, center of excellence, or several of these types.**The PMO VALUE RING has in its database: 30 potential benefits and 26 potential functions for a PMO

Skills

Reviews