PM Insight Sunnyvale
Avoiding the “too many projects” problem depends on a coherent portfolio management process for selecting and staffing projects. Whenever an organization initiates work requiring more money, staff, or other resources than are available, projects are a challenge to control and many inevitably fail.
An effective process for managing project portfolios at the organization level helps to ensure that the mix of current projects remains within its realistic resource limits.
Event Date | 06-09-2021 6:00 pm |
Event End Date | 06-09-2021 8:00 pm |
Cut off date | 06-08-2021 10:00 pm |
Individual Price | $5.00 |
Location | Virtual Event |
PM Insight-Sunnyvale Virtual Meeting:
From Project Management Office (PMO) to Value Management Office (VMO)
Years ago, organizations created Project Management Offices (PMOs) to guide and lead their project teams through the challenges of the day. But the business environment has changed since then and PMOs are struggling to be relevant. The rate of change is accelerating, complexities are increasing, and available resources decreasing. To address these challenges PMOs must evolve into Value Management Offices (VMOs).
Where PMOs focus on governing and leading project teams, VMOs govern and guide initiatives. Similar on the surface, the shift from managing projects to delivering value requires new ways of thinking and working. This presentation works through why your PMO must evolve, how a VMO is different, and how to safely get there.
Takeaways:
- Recognize the factors that are driving PMOs to evolve into VMOs
- Understand why traditional PMO strategies are insufficient to address today’s challenges
- Describe the aspects of a VMO and how they address those challenges
Event Date | 04-10-2024 6:00 pm |
Event End Date | 04-10-2024 8:00 pm |
Cut off date | 04-10-2024 10:00 am |
Individual Price | $5.00 |
Location | Virtual Event |