These questions (and answers) have been written by executives for busy executives who are not running the project but do have to live with the consequences of it, and the resulting business outcomes.Â
To be a Strategic PMO, and to visibly deliver your organization's strategy, is a process. There are six critical areas you need to focus on - strategy, model, assessment, prioritization, execution, and tracking.
Creating a strategy is only the first step (5%). Executing the strategy is the next step (65%). Ensuring the strategy is executed and tracking your results is the final step (30%). Each step has its challenges, but all three steps are necessary for success.
Generation of a full business-based âValue Equationâ will substantially increase the actual value identified for, and realized from, an investment. The 'Value Equation' spells out in measurable terms the desired business outcomes, benefits and value that can be derived as a result of the investment. The 'Value Equation' also defines the major change activities required to realize this value.
The Investment Management Center of Expertise is designed to equip busy executives and board members with the knowledge and tools they need to effectively score, prioritise, monitor and manage their project investments
The Business Case Center of Expertise equips you to produce a value-based, value-optimized business case, easily, and in a straightforward manner.Â
Prioritization is about constraints. What is stopping us doing all of the projects we want to do? Resources! Prioritization is about determining which projects are clearly high priority, clearly low priority and then making decisions at the margin between those that might just be approved and those that wonât be approved.
Portfolio Management, correctly executed, can add massive value to an organization. Contrary to common understanding, Portfolio Management is not a superset of project and program management, but a subset of strategic management. Portfolio Management is about delivering the strategy through projects and programs.
Project governance is rarely well understood. It is an active role that determines the success of projects. Here's what to do, when, why and how.
The Project Governance Center of Expertise is a resource for businesses to get optimum value from their projects. This center explains the difference between project governance and project management, and how you can use this knowledge to execute your strategy by delivering business value.
This course is designed for all those involved in the identification, realization, management and measurement of strategies and projects.
Project planning is traditionally only focused on delivering project milestones, deliverables and outputs. Benefits are expected to be a subsequent result of the projectâs success and, therefore, not part of the project planning process. However, when youâre focused on benefits and value delivery, your primary focus when planning your project is on the delivery of the agreed âdesired business outcomesâ and their associated benefits.
The Value Delivery Center of Expertise teaches you a complete Value Delivery process. This will enable you to simply identify, maximize, optimize, plan, protect and deliver your project investment's benefits. In addition, you will increase your return on investment on a consistent basis.
The objective of Change Execution is to identify the detailed changes and tasks required to complete a project. A Change Identification Framework is used to track completion of these activities on a monthly basis. It is the complete implementation of these change activities that ensures the delivery of the Desired Business Outcomes.
This Master Class covers the project controls needed for investment, governance, project management, portfolio management, strategy, value, and delivery.
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