Advanced Project Portfolio Management and the PMO: Multiplying ROI at Warp Speed

  • 7h 38m
  • Gerald I. Kendall, Steven C. Rollins
  • J. Ross Publishing
  • 2003

This comprehensive book covers the strategy, tactics, and processes needed for successful project portfolio management. It outlines a road map to unprecedented project management improvement and includes a detailed implementation plan for both strategic planning and a PMO that gives you measurable results in weeks. The author delineates four processes that get a PMO off the ground much faster, driving bottom-line value almost immediately. This book shows you how to turn a PMO into a value machine.

KEY FEATURES

  • Outlines a road map to unprecedented project management improvement
  • Includes real PMO case studies detailing techniques that have helped organizations such as AICPA, Tessco Technologies, City of Kansas City and Oklahoma State university grow and kept them at the top of their industry
  • Reviews the most popular EPM tools and provides a way to evaluate your PMO implementation using a PMO Maturity Model
  • Discusses how the PMO can effectively influence project teams and their team members to consistently seek out delivery acceleration opportunities and/or delivery threats relative to their work and the overall mission of the project team
  • Illustrates how Six Sigma and the PMO can support each other and be used to drive bottom-line value
  • Presents the new Theory of Constraints 4X4 method of strategic planning and the Critical Chain Multi-Project Management approach

About the Authors

Gerald I. Kendall, PMP, is a noted management consultant, strategic planner, public speaker, and project management expert who has been serving clients in Canada, the U.S., and overseas since 1968. His background includes extensive experience as a systems engineering, sales, marketing, and operations executive with an international focus. Recent clients include Babcock & Wilcox, Alcan Aluminum, Tessco Distributors, Brown and Williamson, Agere Systems, Lockheed Martin, and Travelocity.com.

Gerald is certified in the field of Theory of Constraints, and is a graduate and silver medal winner of McGill University. He is a member of PMI. Gerald is the author of Securing the Future: Strategies for Exponential Growth Using the Theory of Constraints. He is also the author of a chapter on Critical Chain Project Management in Dr. Harold Kerzner’s text, Project Management, A Systems Approach, 8th ed. He has had dozens of articles published in magazines and is a frequent speaker at conferences and chapter meetings. He is also the co-author of three recent white papers: “Integrating Critical Chain and the PMBOK,” “Choosing the Right Project Mix,” and “How to Get Value from a PMO.”

Steven C. Rollins, MBA, PMP, is a co-founder of PMOUSA Network. Steve is a well-known national subject matter expert in Enterprise Program/Project Management Office/Project Office startups and improvements. Steve has recently led the deployment of PMOUSA.com which was recently launched as a free information source to PMOs in the United States.

Steve’s background includes extensive experience in financial services, healthcare, human resources, information technology, insurance, and telecommunications. Steve has been a featured speaker at many project management community events, speaking to the “Value Proposition of Project Managers” at PMI chapters and businesses across the United States. Recent clients include American Century Finacial Services, Fortis Benefits Insurance Company, Honeywell, HR Block, International Institute for Learning, Jasmine Networks, Kaiser Permanente, Oklahoma State University, Principal Financial Group, Sprint, State of Kansas, and Westell Technologies. Steve is the Knowledge Chair for the PMI Metrics Specific Interest Group and was responsible for leading the framework development and rollout of the first ever comprehensive project management metrics Knowledge Center in 2002 (MetSIG.org). Additionally, Steve is the Executive Chair for the Mid America PMO Regional Group that operates as a chapter of the PMI PMO SIG. The Mid America PMO Regional Group has grown from its initial beginning in September 2001 to more than 650 members today and provides information and networking support to PMOs and project management professionals in seven states, plus additional membership around the world. Steve is also co-author of the recent white paper “How to Get Value from PMOs” and the author of white papers “How to Market your PMO” and “Growing the Business, the Value Proposition of Project Managers.”

In this Book

  • Introduction — Building a PMO that Executives Embrace
  • The Right People, the Right Tools, the Right Data, the Wrong Result — Why PMO Implementations Fail
  • What is a PMO and What Should a High Value PMO Do?
  • Moving Project Management from the Cost Model to the Throughput Model
  • Strategic Planning — The Number One Reason for Project Manager Stress
  • Applying Deming, Goldratt, and Six Sigma to Systems Thinking
  • The Eight Major Subsystems that Strategic Planning and Project Management must Address
  • The 4 × 4 Approach to Strategic Planning
  • The Right Marketing Projects
  • Securing the Future — The 10-Year Advantage Via Theory of Constraints
  • The Governance Board and Prioritization Management
  • Linking Project Progress to Strategic Objectives — The Executive Radar Screen
  • Delivery Management and Acceleration
  • Project Portfolio Management
  • Resource Portfolio Management
  • Asset Portfolio Management
  • Managing the Multi-Project Environment — The Critical Chain Approach
  • Reducing Negative Human Behavior
  • PMO Organization Models
  • PMO Roles and Responsibilities
  • Inputs and Outputs to a PMO
  • PMO Measurement System
  • EPM Tools and Their Value on Project Delivery
  • PMO, PMI, and the PMBOK®
  • The Executive Proposal in Detail
  • Obtaining Executive Buy-In
  • The PMO Value Proposition Maturity Model — Where Is Your PMO?
  • The Road Map to Implementing a PMO Executives Will Embrace
  • Sustaining the PMO Value — Moving From the Supply Side to the Market Side
  • Conclusions
  • Bibliography
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