In a project-focused organization, the Project Management Office (PMO) has a key role in assuring that there is a structure, a system, and qualified personnel needed to successfully manage projects. Adopters of Project Portfolio Management (PPM) have recognized the need to expand beyond the PMO and into the rest of the enterprise, in order to integrate certain essential operations management personnel into the picture. In fact, it is this integration that allows us to bridge a gap that often exists between the operations and project segments of the organization.
To properly execute PPM, organizations can create a PPM Governance
Council (GC). A successful enterprise-wide PPM governance model
will blend the talents and responsibilities of the PMO and the Governance Council together with Senior Management to assure that projects properly contribute to the corporate long term vision and strategies.
This eBook explores the make-up and roles of the GC and how the PMO is a key player in the PPM process. The discussion will extend to include a flow diagram depicting 7 major steps to ensuring and presenting PMO value, how to properly manage that value discovery funnel, and commentary on support tools for these expanded PPM functions.
About Harvey Levine, author of Bridging the PMO: 6 Must-Haves for Successful Enterprise-Wide PPM
Harvey Levine is a widely respected consultant, expert, and author on the topic of project management. He is the author of 3 books and over 300 articles and videos. He is a past president of Project Management Institute and a past PMI Fellow. With over 50 years of experience, he is an expert in PPM, PMOs, Risk Management, Earned Value, and PM tools.
While on the board of PMI, he was instrumental in the establishment of the PMBOK and the PMP certification standards. He was an early proponent of Project Portfolio Management, contributing to its establishment as an important component of project management and authoring the first substantive text on the subject. Harvey also provided guidance to the project management software industry on extending software capabilities to support PPM.