Overview:

The Challenge
You want to take action to make your projects more routinely successful, and you understand that a Project Management Office (PMO) may be just what you need. But PMO implementation seems to be a risky business. They have a reputation for either working very very well, or ending in a very bad way. You're not sure you want to take the risk. Is there anything you can do to ensure that your PMO will be one of the good ones?

The Solution
The PMO can be one of the most important investments that your organization has ever made. An effective PMO can generate an 80% ROI, reduce project cycle time by 20%, and increase successful project delivery by over 30%. Designing your PMO to maintain a sustained focus on delivery of Business Value is key to reaching that level of performance. Design and Implementation of the Next Generation PMO gives you the tips, tools and techniques that can bring you to that level of performance and more. In addition, you leave with part of the work done. Exercises lead students to begin development of a PMO Charter and a PMO project plan, both of which are critical to the successful implementation of a Value-Focused PMO. The format of this course is truly multimodal, with a mixture of exercises, group discussions, individual discovery and lecture. Every student receives a set of useful PMO templates. Topics covered during this course include:

• PMO Fundamentals
• PMO Benefits and Challenges
• Types of PMO Organizations
• Functions of a PMO
• Roles and Responsibilities
• PMO Design and Implementation
• Common pitfalls of PMO Startup
• Reporting, Monitoring, and Controlling
• PMO Governance