ipl-logo

Pmo Research Paper

1390 Words6 Pages

White Paper

Taking Your PMO to the Next Level:
Four Steps to Value Improvement

October 2015
Table of Contents

Abstract 1
1. Introduction 1
2. Key Functions of the PMO 1
2.1 Conduct an Assessment of Your PMO 2
2.2 Determine What Type of PMO You Have 2
2.3 Determine the Value of Your PMO 2
2.4 Increase Your PMO’s Value 2
4. Conclusion/Summing Up/In Summary 4
5. References 5
6. About the Authors 5

Abstract
In today’s economy, every company and organisation is struggling to do more with less, and performance is paramount. This is true for public and private sector entities, as well as for non-profits. Which is why, in order to prevail in lean times, it is essential to optimise every operation of your organisation, …show more content…

Keeping in mind that the primary role of the PMO is to provide the structure and expertise required to improve an organisation’s project success rates, it is useful to step back and review the key functions of the PMO.

2. Key Functions of the PMO

In 2005, Dr. Brian Hobbs, a well-known and respected researcher at the University of Quebec at Montreal, conducted a survey of 500 PMOs for a research initiative commis¬sioned by the Project Management Institute (PMI®). The survey underscored the broad variation in activities and functions of each PMO participant. Of its many findings, the survey identified the top 10 most important functions of the PMO (as reported by the respondents), to include (Hobbs, 22):
1) Reporting project status to upper management
2) Developing and implementing standard methodologies
3) Monitoring and controlling project performance
4) Developing project management competencies, including training
5) Implementing and operating a project management information system …show more content…

You know the views of others inside the organisation with respect to your PMO, and you may have developed a path forward to address issues and concerns that emerged as a result of the survey. Based upon daily functions, as well as information obtained through the assessment, the next step is to determine what type of PMO you have. Your PMO may be all, some of, or just one or two of the following:
 A weather station — gathering and reporting project progress data
 A control tower — developing and enforcing standards, methods and processes
 A resource manager — dispatching project managers to key projects
 An integrator — managing project

Show More
Related

Pt1420 Unit 4 Research Paper

78 Words | 1 Pages

Write 9-4x^2-x+2x^4 in standard form You first look at all the the numbers in the polynomial and see which coefficient has the highest number exponent. (the degree) which is 2x^4. Then you keeping descending down so -4x^2 would be next. Then you look at the numbers and variables in the problem, all you have left is 9 and -x you always put the variable first so it would be -x, then 9. So your answer would be

Read More

Apush Unit 1 Research Paper

698 Words | 3 Pages

There were many groups living in the United States between 1860 and 1900 and most of the groups we can categorize people into had very different viewpoints. The main groups that most can be categorized into are the wealthy, the common people, the Indians and the Chinese. Starting with the wealthy they looked at the west as a big fat paycheck, the wealth folks went out west and bought up lots of land and production and monopolized, while the common people competed with these big companies for free and cheap land because they were the poor back east and came out west with hopes of finding gold while mining or getting rich off abundant crop land or maybe it was some common women who came out west because they were allowed to purchase land out west. The Indians were native to the west and after immigration started some of the bigger tribes fought back but most tribes were too small and were forced by the American

Read More

Co-Mo Research Paper

682 Words | 3 Pages

Co-Mo Electric Cooperative is a member owned, electric service program, not for gain. This electric company is owned by thousands of people, and one of the reasons why so many people own co-Mo is because of its benefits for saving money. For three reasons, I will explain how you can save money by becoming a member. First, the Business Energy Efficiency Tips; Low Cost and No Cost Money-Saving Tips gives great examples of how to save energy and lower the cost of your bill. Second, how to avoid the Phantom Load, which is an electrical device that gathers electricity when shut down, even though it is still latched into a wall socket.

Read More

Founders Club Research Paper

261 Words | 2 Pages

The Founders Club is one of Florida’s pre-eminent country club and golf communities. The Founders Club offers over 700 meticulously landscaped acres with 262 homes featuring golf, lake, or preserve views. Residents of the Founders Club enjoy the peace and serenity offered by a private community, yet gain easy access to some of the most popular dining, shopping and entertainment throughout Sarasota. The Founders Club offers signature amenities for each resident that includes a classic Robert Trent Jones constructed 18-hole golf course.

Read More

Apush Unit 1 Research Paper

1400 Words | 6 Pages

APUSH Unit 2 Long Essay In 1603, the English were still a small rising nation, poorer than most, and less powerful than Spain and France. Although the British colonies settled in the Americas late, they quickly became a dominant force in the new world. After they acquired their first permanent settlement in Jamestown, VA in 1607, the British became attracted to greater power and more land, which was the first building block of perhaps the most powerful European nation of the time period. Due to their growth in the Americas, the British were able to be compared to the Spanish colonies of the time period, which boosted the English’s confidence.

Read More

Cinqo Research Paper

426 Words | 2 Pages

Straight from the east side of Scotland is where Cinqo Slash, full-blood Mexican who grew up in Scotland. Cinqo lived in an orphanage in Oxgangs which was known as a 'unit '. However, at this point in Cinqo 's life he was known by the alias of 'Soapy '. Cinqo didn 't feel like he was living the life he wanted due to being the only different person in Scotland, because all the other kids had a 'stabby stabby ' attitude about them; always caring blades, you could spot them a mile away, Nike and Adiddas tracksuits, joints hanging out their mouths as the pollute the streets with their 'waccy bacci '. With Cinqo living in a unit and not a real father figure to teach him how to be a man, he was gathered into a gang, a feared gang among the parts he stayed, passed down by their pre-accesors; they called it Bar-OX, we called it mYo.

Read More

Case Study Report Of Guelph General Hospital

1671 Words | 7 Pages

To begin with, the lean methodology is one that is applicable to all industries, regardless of the present systems and approaches towards management (Tsironis & Psychogios, 2016). Therefore, the major decision is to proceed with the implementation of the lean and other improvement processes, even though it should take different approaches. When considering the challenges noted, most of them emerge from the reactions and actions of the

Read More

Background And Case Study: Marriott Bedding Plan

1642 Words | 7 Pages

Reasons for Success: 1. Stakeholders of the project were clearly identified, engaged and successfully managed: In this project - Marriott Lodging Program, a very professional project team has formed by a program manager from PMO to manage several certified project managers. They have clearly identified the key stakeholders of the project such as hotel owners and franchisees,

Read More

My Oma Research Paper

606 Words | 3 Pages

My Omi, which means grandmother in German, often tells me stories about when she was young living in Germany. As I got older, I became more curious about the many life experiences she encountered. The stories she told me were so surreal I could not even imagine living in her shoes. Her shared moments ranged from stories of her grandmother in the concentration camp to her meeting my grandfather and moving to the United States.

Read More

Daktronics Case Study

1420 Words | 6 Pages

As lean manufacturing tries to eliminate wasted space, this proves to be an advantage to implementing it within your

Read More

Memo For Business Analysis Paper

1517 Words | 7 Pages

From: Eric, Nshimiyimana To: Larry Lawless Date: November 25, 2015 Subject: Analysis of Acme’s Legal Liabilities and Recommendations on Establish a Business Dear Larry: This memo contains two important aspects. The first one will focus on legal liabilities associated with Legalpalooza unfortunate events while the second one will ascertain as well as showcasing recommendations on the best option if Acme wants to establish a new business to run future Legalpaloozas.

Read More

How Do Managerial Roles Most Likely To Influence The Aspirations Of An Organization

131 Words | 1 Pages

Managerial roles most likely to influence the aspirations of an organization include leadership, structure, and focusing on objectives to lead team members according to the corporation’s mission. A manager’s obligation is to incorporate leadership into their team strategy in order to operate successfully within the corporation. As mentioned by Bell in 2012, management includes numerous responsibilities in order to accomplish an organization’s goals (Bell, L., 2012, pg. 112). Currently, in my organization, the managers use project management proficiencies throughout their day including calendars and trackers for their schedule, meetings, action items, delegation, and to measure effectiveness. Leadership incorporating organization and intentional

Read More

The Complexity Theory In Project Management

911 Words | 4 Pages

To organise for project management requires an understanding of the organisation’s architecture which includes the organisational hierarchy - the grouping of internal business units, the authority lines and interaction with one another. Each of these aspects should be designed to support project management within the organisation. Structure should follow strategy or else it may impede communication, coordination and decision making which are all key to success (Brevis, 2014, p. 224). Hence, an important function of upper management is to support project teams by either redesigning the organisation to emphasize projects or integrating projects into the current organisation (Graham & Englund, 2004).

Read More

Mistakes In Project Management Case Study

1327 Words | 6 Pages

Every project manager potentially faces countless mistakes that affect projects, cause delays and, in some cases, contribute to complete project failure. Here are a few common mistakes in project management and how to avoid them: 1. Employing a Project Manager Lacking Experience Knowledge of running status meetings, developing a project plan, managing risks and issues, and dealing with stakeholders is crucial to the successful outcome of the project. Solution:

Read More

Msc Project Management Personal Statement Sample

1125 Words | 5 Pages

The principle reason that motivated me to pursue the MSc Project Management course is the appeal and challenge Project Managers experience in delivering assignments they undertake in their career. The qualification, indeed, lead to very smart and modern careers for graduates who love challenges, creativity, leadership and success. As a graduate of Mathematics, I have cultivated these features in my student life. Now, for my master level of study, I would like to take my chance of attaining formal skills in the area of project management. From my research, I see that Project Management is the application of skills, knowledge and techniques to meet the objectives of a project and stake holder’s expectations.

Read More

More about Pmo Research Paper

Related Topics

Open Document