Building a Next Generation Program Management Office (PMO) and Portfolio Management

Partcipants will:

• Be able to identify the key elements necessary for building a PMO.
• Be able to determine the appropriate PMO strategy, tactics and operations
• Be able to assess your organization's level on the PMO continuum based on maturity model
• Be able to apply concepts of Portfolio Management and plan the evolution and linkage to the PMO
• Be able to implement contemporary approaches to lessons learned, best practices and PM
• Be able to create PM communities for ongoing PMO development
• Be able to apply contemporary approaches in communications, change management, cultural and political strategies
• Be able to implement PMO Scorecard based on metrics & measurement criteria
• Apply success strategies and avoid pitfalls

PMO can offer tremendous benefits and have strategic impact, the challenge is in the focus of the PMO and the way it is implemented and sustained. How can you find innovative ways to build and sustain a PMO that can address the challenges and critical success factors to overcome the barriers? What organizational structures, functions, processes and practices will ensure success? How can you sell/demonstrate PMO value and Return on Investment? How does PMO tie into Portfolio Management?This seminar is designed to anticipate as well as answer these questions. Besides the traditional elements of a PMO, this seminar will outline the steps necessary to establish or enhance a next generation PMO focusing on both tactical and strategic aspects.

It will introduce a framework which can be applied to your organizational needs. By focusing on the connections between people, processes, tools and measurement, emerging techniques to build a results-oriented project office will be presented. It will focus on creating the right environment for Portfolio Management by providing a framework for project selection, prioritization, oversight and governance. Each organization is unique and this seminar will provide a framework that will help you to assess your organizational environment & culture & craft a customized PMO and Portfolio Management plan.

• Build / Design a PMO structure that is appropriate for your needs.
• Portfolio Management - Review and customize a process that will work for your organization. Promote organization-wide consistency with regard to portfolio management objectives, processes, roles, and responsibilities.
• Utilizing new tools & technology - Learn new tools and techniques integral to a functioning PMO. Get exposure to latest technology and project management information systems.
• Implementing new and unconventional management techniques based on live case studies
• Integrate and enhance project management by marrying the concepts and practices of Knowledge Management that enhance project management practices and also foster a projectized culture.
• Develop a PMO scorecard and project dashboard approach to measure results and demonstrate ROI.
• Craft a blueprint and develop a PMO and Portfolio Management Plan tailored to your organization's needs.