The story of Telstra’s PMO has everything – there’s the first Chief Project Officer role, then there’s the ePMO and portfolio approach (“to advance project management to improve business value”). There are key focus areas on capability, assurance, community, project sponsorship, business case, benefits, advice and intervention – all those areas PMOs should strive to deliver and support.
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In this session we take a look at one of the main challenge areas for PMOs right now - how to support the benefits management process.
It was an interactive session to help us really understand what the challenge is - and what the PMO can do to overcome the issues and really support their organisations going forward.
Sign in to read more about what the common hurdles are to overcome and how PMOs are doing just that.
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In this session, we take a closer look at benefits management and benefits realisation.
Just what are the expectations of the PMO when it comes to benefits management? How do we prioritise? Should we be reporting it, and if so what?
Or is there a case for the PMO not supporting benefits management? Would it make that much difference?
We were joined by Subash Tavares, the Founder and MD of thevirtualpmo, who talks about the realities of benefits management and the role of the PMO – sharing his experiences from Thames Tideway, Lower Thames Crossing, TfL Major Projects Directorate and other major programmes. He also covered what, how and why we in the PMO need to be at the core of benefits realisation.
This session also featured our first attempt at a debate - find out how we got on and what we learnt.
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Many people do not fully understand benefits, see them as a side-activity unconnected to the main activities of project, programme or change management – or just do not consider them at all.
Benefits management is not an activity, it is a mind-set. Described as ‘the golden thread’ from business case to business as usual, benefits are the reason we invest in doing things differently.
In this interactive session, PMO Flashmobbers will learn what benefits are, how they are identified and begin to develop an understanding of the part we all play in realising them. Attendees will learn, through practical exercises, how to use tools such as the Dellar Success Case to start shifting your mindset to a benefits one.
Carry on reading and listen to the full recorded session PLUS a full breakdown of the practical exercise:
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