For years, IT departments have struggled to deliver projects on time and within budget. But with today�s emphasis on getting more bang for the buck, IT has to rein in projects more closely than ever. That challenge has led many to turn to project management offices (PMOs) as a way to boost IT efficiency, cut costs, and improve on project delivery in terms of time and budget.
PMOs can help CIOs by providing the structure needed to both standardize project management practices and facilitate IT project portfolio management, as well as determine methodologies for repeatable processes. How a PMO is organized and staffed depends on a myriad of organizational factors, including targeted goals, traditional strengths and cultural imperatives. When deployed in line with an organization�s culture, PMOs will help CIOs deliver strategic IT projects that satisfy both the CFO and internal customers. PMO office can save organizations money by enabling better resource management, reducing project failures and supporting those projects that offer the biggest return.
Project support: What we provide and more�.
- Project management process/methodology: Develop and implement a consistent and standardized process.
- Project management software tools: Select and maintain project management tools for use by employees, ex. MS Project
- Day to day operation includes conducting program reviews, putting in place the mechanism's and PM processes to ensure on time and on budget delivery for the portfolio, producing and analyzing book of work metrics.
- Preparing and giving daily executive oversight committee presentations, and ensuring successful execution of the strategic roadmap.
- Preparing presentation decks to include key testing metrics, late/watch items in MS Project, risk & issue items, dependencies, environments program views, and more.
- Portfolio management: Establish a staff of program managers who can manage multiple projects that are related, such as infrastructure technologies, desktop applications and so on, and allocate resources accordingly.
WHY ALTERNATIVE MANAGEMENT
With the maturity that project management has in this day and age there are few companies with a PMO group. Organizations all over ask the question: why do I need a PMO? The main reason for a PMO is not to manage projects as this is the work of project managers. An effective PMO provides what no other existing team or group can provide the organization:
- Portfolio management support
- Information repository
- Prioritization management
- Planning and forecasting
- Information management
- Processes and methodology
- Training in program/project management
- Running Meetings/Meeting Minutes Notes
Alternative Management brings the expertise and tools needed to help you create and sustain a value-driven PMO. We can work with you to either deploy a new PMO, operate your PMO, or optimize and enhance your existing PMO. Our processes are scalable and fit PMOs at any level of the organization