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

www.ThePersimmonGroup.com

When was the concept of Project Management Offices first developed, and what industries first

successfully practiced it?

PMO Trivia


• 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


The business of business is projects – nearly every

business function is essentially about planning, executing and reporting on

projects.


• 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


• Get Executive Buy-in

• Define your purpose

• Categorize your PMO

• Define Success Metrics (KPIs)

Where to Begin


• Embrace Resource Management

• Identify tools

• Network to grow knowledge

• Promote your PMO / Celebrate

Where to Begin


• 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


THANK YOU!

Business

Solving the PMO Predicament: Learn How to Create a Successful PMO