“ Thirty-one percent (31%) of all development projects are canceled.
Another 52% are late, over budget, or with fewer than specified functions. – Standish Group International, January 2005
Companies, today, continue to be challenged with resource planning and forecasting, consistent application of defined project management processes, and demand management, to name just a few. A well-managed Project Management Office (PMO) can address these challenges and focus on much more than just delivering projects. It can help implement governance, portfolio, resource, performance, and demand management practices to provide continuous value to your business.
That’s why we have a team of experts dedicated to helping you establish your PMO — we bring proven PMO structures and process flows to get your PMO up and running now. We then transfer our PMO knowledge to your staff, so they can run the program once we leave. The results are on-time, on-budget performance that delivers value from your outsourcing relationship. Better program management means optimized leverage with your providers and that translates to a better bottom-line. We can work with your company 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 (enterprise, divisional, departmental, etc.). We’ve worked in most industries, including manufacturing, IT, financial services, and healthcare.
“ Forty-two percent (42%) of corporate information technology projects will be abandoned before completion. – Wall Street Journal, April 2008
Our PMO model drives project success at 4 levels:
- Business Goals: Alignment of project goals with the business strategy and corporate goals.
- Business Processes and Service Levels: Consistent execution of projects within the PMO for meeting customer demands linked to provider service level agreements.
- Proper Portfolio Management Requirements: Accurate capture of business requirements ensuring applications meet the service demands of the business.
- Infrastructure and Resource Capacity Requirements: Optimum utilization of infrastructure capacity keeping capital expenditures cost in balance with service demand capacity.
The PMO becomes the control center for aligning client and provider capabilities to ensure project effectiveness and value realization through:
- Enhanced alignment of the business organization with business strategy
- Improved demand management and business communications
- Coordinated project execution for better results
- Managed process interfaces with providers/vendors/contractors
- Optimized resource management
If your company is planning a business critical project with a need to guarantee success, the PMO is a component for achieving your project goals and delivering the results.
