How performance management can help your project
Consistent high performance in the creation of value from projects and programs requires the technical capabilities to manage projects effectively but Pat Weaver looks at why technical maturity is not enough and how performance management can change the game.
Why PPM and PMOs fail—KeyedIn Projects
Why PPM and PMOs fail
There is a wide gap between what the PMO (Project Management Office) is doing and what the business expects it to be doing. This misalignment has serious consequences for both the PMO and the business.
If you are concerned about setting up your PMO, then maybe you should be—the failure rate is very high with approximately half of all PMOs closing down within three years or considered implementation failures.
Fortunately, it’s not all bad news. A select few PMOs are maturing to add great value to their businesses. What do these best in class PMOs do to separate themselves from the rest? With the right knowledge and an effective game plan you can make a huge difference to your PMO strategy—both strategically and tactically through the use of Project Portfolio Management (PPM).
Author: KeyedIn Projects
Review Status: N/A
Evaluating a program management office
Many organisations have contemplated or implemented program management as a means of managing interrelated projects within their organisation, with varying degrees of success. PM Oracles asks, how do you know its value?