Megaprojects tend to be over the £1 billion mark in terms of budget and are often under great scrutiny - not just because of the politics but because many of these projects are investment projects - for communities, cities or countries. They also tend to take a long time to deliver, over years, decades and many organisations who run them - their project departments are huge in terms of the people working on them, and the third-parties and customers involved.
Read on to find out what the PMO can learn from megaprojects
The Infrastructure and Projects Authority’s (IPA) have an initiative called Project X.
Project X is
a vehicle to engage contemporary research in project and programme with the ‘real-world’ issues that are manifest across the Government’s Major Project Portfolio (GMPP). Project X is ambitious, it seeks to promote and support methodologically rigorous research that is firmly grounded in clear pathways to impact – with an ultimate ambition of delivering savings for the project delivery and enhancing project management capability across government departments and industry.
As part of the initiative, different organisations are taking part and making contributions, the Association for Project Management (APM) is one of them and a recent report called Developing the Practice of Governance - was released.
The report focuses on how project practitioners could improve governance on their projects and of course, that's a subject that should interest any PMO practitioner too.
As part of the weekly #PMOwfh session, we had one of the authors of that report join us. It sparked some really interesting and new insights which we think you'll enjoy exploring too.
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