A couple of weeks ago we were in Manchester for an evening of The Value of the PMO The evening event explored three different insights that are focused on the value a PMO provides to an organisation. We looked at what P3O had to say; the PMO Value Ring (something we've written about before) and the Business Driven PMO.
The Business Driven PMO comes from Mark Price Perry - he wrote about it first of all back in 2009 in his popular book with the same title - Business Driven PMO Setup: Practical Insights, Techniques and Case Examples for Ensuring Success
Mark came over to the UK earlier in the year for the PMO Conference where he provided the opening keynote - the message was all about putting the horse before the cart when it comes to PMO set up. Take a look at a brief part of the keynote where he talks about the usual journey a PMO set up and ongoing management takes.
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Learn about business-driven PMOs, stakeholder engagement, tailoring services, PMO principles, and more. From Agile epics to evolving beyond year three, this recap captures the buzz, wisdom, and practical lessons from PMO leaders and practitioners.
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Jez Rose is a behaviourist, broadcaster, speaker and Beverly Hills Awards-winning author. He works globally with organisations to help them ‘flip the switch’, to achieve extraordinary results with simple changes to how they think.
Jez demonstrates brain tricks and behaviour fixes to achieve extraordinary results, inspiring everyone to find the gap between stimulus and response and be the best they can be.
An energising and inspiring end to the PMO Conference.
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Saudi Arabia has been dependent on oil but with the reduction in demand and the drop of oil prices it needs to find alternative revenue sources. Saudi Arabia is going through a 15-year plan called Vision 2030, reinventing itself by moving up the value chain. To do this, large and complex projects have been identified and budgets have been established. The Saudi King has carried out an assessment of critical success factors and determined that PMOs at all levels of the government and industry are key to success for these projects.
The concept of PMOs have been established at the Kingdom level reporting to highest authority. This presentation explains why and how the PMOs have been established and how the topology reflects the business demand across the various departments and industries.
This amazing story explains how PMOs were identified as functional critical success factors and how they are one of the main pillars of success for a nation that needs to change.
The presentation moves from the macro to the micro level and details the 10 top challenges PMO Directors and PMO Managers face in the government sector.
Takeaways:
Saudi Arabia success story in using unified PMO approaches across all government entities to achieve Vision2030
Key role and power of decision makers on PMO success
10 top challenges PMO Directors and PMO Managers face in the government environment
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In this case study, Kingsley and Dave will explain how RPCuk and Faithful + Gould deployed technology to facilitate the delivery of integrated services, which included Project Controls, Portfolio Management and Costs Integration. This solution has been designed and a POC delivered for a leading UK academic institution.
Through the intelligent amalgam of Project Controls best practice and supporting technology, we maintain proper governance of our data whilst increasing the access and exposure to information critical to the success of our project.
This presentation, demonstrated by RPCuk, will highlight one particular component, the integration of cost data and how we brought together information from multiple systems to manage budgets, expenditure, resources and schedule and delivered visibility of the true cost of the project, from funding and budget through to expenditure, and highlighted the cost of change and impacts on forecasts.
Takeaways:
A high level view of the integrations and touch points to be considered in developing the technology platform
Specific example of an integrated cost sheet and how to drill down to component items, regardless of the data source.
Recognition of the risks related to managing the plethora of data sources and manipulations currently in use in most PMO’s
The benefits of marrying people, processes and products and why it is important
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Learn how Agile Portfolio Management helps organisations stay competitive and responsive. Explore its benefits over traditional approaches, the PMO’s role, and practical tips to make it work in your organisation.
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Many PMOs are vulnerable to failing within the first three years of operation due to the changes that continually impact its very existence.
In this session, Robert Joslin explores the top ten key drivers of change that affect the PMO and gives insights into how practitioners can prepare for the PMO’s response to changes.
This session, based on evidence-based findings, introduces the seven core PMO principles, which form the basis of a new international PMO standard. Implementing these seven core PMO principles, within any type of PMO today, will not only underpin PMOs with a solid foundation for delivering high value services, they will also reduce the risk of adverse effects during these turbulent change periods.
Takeaways:
The importance of seven core principles underpinning PMOs
The top 10 drivers changing the PMO today
Why and how PMO principles will increase the long-term value of PMOs within an organisation
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Our portfolios typically contain strategic and business delivery portfolio items, which are initiated through top down imperatives or BAU work.
However, how do we deal with ideas from the bottom up? How do we set idea challenges and nurture ideation? How do we capture and develop the good idea? Does that need to be part of the portfolio management and what part does the ‘PMO’ play in creating the environment for, and perhaps managing that process?
Takeaways:
Understanding what is involved to embrace innovation within your organisation
Awareness of what benefits bottom up innovation can deliver
An appreciation of the part technology can play and advice on getting an initiative off the ground
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Attracting talent to PMO as a career can be a challenge; creating a clear, yet “agile” path of progression perceived as “exciting” as a role in delivery can seem impossible!
As a fledgling PMO Practitioner searching the internet for “PMO Accreditation” will bring back a plethora of offerings but somehow the “O” of “PMO” gets lost after the first or second result!
With very little relevant, formal PMO training available and more and more pressure on L&D budgets, how, as we build our PMO community of Practice, can we develop a self-sustaining learning cycle which will develop the individual as well as the service?
This session will explore the challenges presented and some solutions in building capability within a PMO Practice where the “bar “is constantly rising, and PMO, even though respected can be considered second choice as a Career.
Takeaways:
Becoming first choice- peeling away the administrative role
Potential Career journeys in PMO
The Capability Jigsaw- how do we make the pieces fit across PM and PMO?
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Explore how modern PMOs can lead in agile organisations by focusing on purpose, outcomes, and evidence-based delivery. Learn tips for aligning initiation with success and redefining the project management triangle.
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