Concept and history of PMO With the development of economy, project management office (PMO) plays a more and more significant role in organizations. To many organizations, project management office provides such an important process to help the organizations increase the success. In order to support and coordinate management of projects with better outcomes, a lot of organizations establish PMO to achieve their business objectives. However, what is project management office? The most general definition about “PMO” is the department which can harmonize, normalize, optimize, and manage the process of projects. (Letavec, 2005). There are some specific definitions regarding PMO as the method which can promote efficiency, reduce cost, enhance the …show more content…
The history of PMO can be regard as the evolution of PMO’s definition. When did the project management office appear? The earliest record about PMO which was referred to farming improvement appeared in1800s in the UK (Darling & Whitty, 2016). As a well-known modern PMO, which was used in aerospace industry in 1950s, PMO did have a series of evolution. The PMO first appeared in business and government areas in 1960s, and continued progress to contemporary (Darling & Whitty, 2016). Since mid-1990s, plenty of organizations attach great importance to the role of PMO, and set up the PMO departments or groups to boost the process of projects (Kutsch, Ward, Hall & Algar, 2015). There is no doubt that PMO has changed a lot. It not only has been evolving and adapted to the development of the times, but also has a new interpretation on the function and assume more responsibilities …show more content…
“a Departmental/ Organizational PMO” This type of PMO will provide support for the departments or units in the company, not just for the single project. It will provide supports such as portfolio management, governance, operational project support and utilization of human resources. 2. “a Project-Specific PMO” Project-Specific PMO focuses on the specific project. This type of PMO established because of that project, it’s a temporary entity to support the project by providing coordination, management, and administration. 3. “a Project Support/ Services PMO” Project Support/ Services PMO will provide supports for projects including provide different types of resources, offer training, make delivery support and ensure the project is in right direction. It’s similar as Project-Specific PMO but instead of focus only one one project, this type of PMO will provide supports for all the related projects in the company. 4. “an Enterprise
Interpersonal skills. Project Managers also serve as mentors to employees on how to appropriately implement Six Sigma procedures (Knapp, 2015, p. 856). The “role modeling, teaching, and coaching” performed by the project managers “helps facilitate others who are internalizing the desired values” (Knapp, 2015, p. 856). Therefore, in addition to guiding projects, project managers build the culture that is vital to the success of an organization. This additional function of a project manager emphasizes the importance of including the project manager into the hierarchy with the appropriate span of
As Dr. Matulovic background was from process development, he felt that the problem was more towards governance and process. He did a great job of getting the team under one umbrella, and also installing a system with process driven approach, responsibility for the weekly report and monthly budget checks. PMO did what was deemed necessary from and IT team, they started working towards on-schedule and on-budget projects and there were qualified project Managers who were responsible for the Management of IT projects.
The Project Management Institute (PMI) was formed in 1969 to provide a non-profit organization for project professionals. This global organization offers eight different endorsements to aid project management professionals in acquiring positions with higher wages and career prospects (Learn about PMI, n.d.). The Project Management Institute is the foremost authority in project management (PM) fundamentals and serves as the lead organization for project administration. With organizational groups that extend globally, this institution
The project manager leads the project and provides vision, direction and encouragement. The project manager takes lead in project planning to determine the schedule and budgets neces-sary to meet the project objectives and is responsible for delivering the project once the pro-ject has been approved by senior management. The project manager is also responsible for the project support team.
Project portfolio is also referred to as the company’s aggregate project plan. Its primary purpose is to define whether the organization succeeds in managing all of its projects. An aggregate project plan is made to determine whether a company is good at achieving it long-term objectives. The reason for its development is that the organization usually has way too many projects because it focuses on the financial attributes of them, not their contribution to the set goals. The point here is to define the appropriate order in which to conduct operations so that both financial and strategic objectives of the company are achieved. What should be taken into consideration is the project type and project life cycle.
Project management is known as the discipline of planning, organizing, motivating, and controlling resources to achieve specific goals. In the diagram to the left in the picture you can see that as a project manager you are the center of either a great accomplishment or a major failure. Some of the major factors to being a successful project manager would be a person that is a great manage several projects or responsibilities and scope issues on an every day basis. If you have a pr...
In order to cope up with the rising consumerism as well as globalization, the business needs of the many industries such as the healthcare, are fluctuating. Additionally, as medical technologies are improving healthcare organizations need to integrate those futuristic needs (Arab et al., 2014). One such successful approach needed by PMH is to implement a viable strategic plan that could incorporate the various aspects of both the market analysis as well as the SWOT analysis. Recruitment of Healthcare Providers To overcome the biggest weakness faced by PMH, which is the physician shortage issue, it needs to generate certain initiatives that could further help in both recruiting and retaining physicians at PMH (CSU, 2016). One of the most commonly
Gray, C., Larson, E. (2008). Project Management: The managerial Process. New York, NY: The McGraw-Hill Companies Inc.
The main philosophy of the project office is to provide the organization with a single point of enterprise project planning and control. The project office supports all levels of management by monitoring all current projects in an integrated form. It stores all relevant data and disseminates information to all the various managers involved in all projects. It is the only office that has a global view of all the corporate projects and their history.
A project is a temporary endeavour undertaken to create a unique product or service. They are goal oriented, have a definite start and finish time, must be done within cost, schedule and quality parameters. Projects involve the coordinated undertaking of interrelated activities (Project Management: Achieving Competitive Advantage). According to Tom Peters, “Projects, rather than repetitive tasks, are now the basis for most value-added in business”. Based on this, it is clear that projects are of utmost importance to businesses in both the service and the manufacturing industries.
First, PMI actually provide you a tremendous quantity of resources that will help you in your professional life. For example, if you are a member of the Project Management Institute, you have access to the PM Network, a magazine which speak about all types of projects all over the world. Plus, you can have access to the library of the PMI Global standards. For instance, the PMBOK provides you methods, frameworks and knowledge to be a good project manager. These standards are accepted and used by every companies, so even if you change your environment (company, colleagues or employer), you will not have to learn it again. Plus, this library is regularly update to be sure that your standards will always stay accurate. If you add to that all the books, e-books and articles available in the marketplace section of the website, you get a tremendous amount of data to help you through your carrier.
Project Management Institute (PMI) (2013). Project Management Professional (PMP) Handbook. [ONLINE] Available at: http://www.pmi.org/certification/~/media/pdf/certifications/pdc_pmphandbook.ashx. [Last Accessed 20 April 2014].
Project management involves all activities that encompass scheduling, planning, and controlling projects. A successful project manager ensure that an organization’s resources are being used both efficiently and effectively. Most projects need to be uniquely developed require a sense of customization and the ability to adapt to any posed challenges. The scope of effective project management includes defining what the project is and what is being expected to be accomplished. Projects are imposed to fulfill a certain need and project managers must have the ability to create the proper definition. Goals and the means used to attain those goals have to be clearly stated. Project Managers must also have the ability to plan
When planning a new project, how the project will be managed is one of the most important factors. The importance of a managers will determine the success of the project. The success of the project will be determined by how well it is managed. Project management is referred to as the discipline that entails the processes of carefully planning, organizing, controlling, and motivating the organization resources so as to foster and facilitate the achievement of specific established and desired goals and meet the specific criteria of success required in the organization (Larson, 2014). Over the course of this paper I will be discussing and analyzing the importance of project management.
“Project management is the application of knowledge, skills, tools, and techniques to organisational and project activities to achieve the aims of an organisation through projects” (PMI, 2003).