CIOs need to care more about project management
Only two CIOs I’ve ever worked for over the past 15 years have really cared about project management.
Only two CIOs I’ve ever worked for over the past 15 years have really cared about project management.
I setup my first project management office (PMO) because despite the success my company had enjoyed over the years (and failures too), I decided that we needed more structure.
Project failures continue to occur despite the countless numbers of audits, reports, anecdotes, consultants and speeches in the public domain advising senior management on what not to do when it comes to project delivery.
Consider this scenario. A government department charged with delivering the IT component of a massive infrastructure program recognised complexity caused its $3 billion project environment to perform in, at times, mystifying ways.
Is your project management office (PMO) seen by your business as a great black hole of cost and despair? Adopting a customer service mind set might help change that view.
To bastardise author Jane Austen, “It is a truth universally acknowledged that a well-heeled client in possession of a good cash flow must be in want of an expensive consultant.”
Companies invest heavily in projects and they do so for one compelling reason: their ability to compete might depend on it. However, their ability to execute these loftier ambitions is sometimes hindered by poorly functioning, costly and process heavy project portfolio management (PPM) environments.
When we began our collaboration on this article, we wanted to ensure that our readers didn’t see it as another article on how to manage and/or define the benefits of a PMO (program and/or project management office).
Much has been written about how best to establish a PMO. There are many elements to take into account, and this article seeks only to provide what we believe are a few “pointers” to consider.
As companies begin to re-invest in capital projects, project management offices (PMOs) need to gear up to facilitate these new plans. But that doesn't mean they need to adopt more methodology, documentation and process. In fact, many PMOs would be better served by taking a leaner approach to project management, according to a recent report from Forrester Research.