PMO Value Ring
The methodology provides a structured step-by-step to set up new PMOs or assess and redesign existing PMOs. Its optional web tool automates the methodology and provides access to a powerful database with the collective intelligence and experience of the global PMO community.
The Mindset Behind the Methodology
One Size doesn't Fit All: Forget pre-established PMO models and focus on creating a flexible PMO that fully fits your organization's needs. PMOs are Service Providers: PMOs exist to serve their clients, meeting expectations, and delivering expected benefits. PMOs must deserve Sponsorship: Lack of sponsorship is usually not the cause but the consequence of the failure of many PMOs. Adaptation is a Key to Survival: Be ready to rethink and reconfigure your PMO any time a significant organizational change arises. It's All About Value: Generate value perception for the PMO stakeholders, it's the most effective way to make the PMO thrive.
How the PMO Value Ring Methodology Works
- Identifying the warning signs Find out how to identify the pieces of evidence that show you must urgently rethink your PMO.
- Understanding clients' expectations and pains Learn a practical and extensively tested method to map the PMO clients' expectations and needs.
- Analyzing needs and setting the PMO priorities Learn how to analyze PMO Customers' priorities in-depth and understand the risks.
- Accessing the PMO community's intelligence Get recommendations from our global database, directing the PMO to what really matters.
- Defining the PMO functions and balancing the value generation Understand how to define the PMO's functions mix and how to make it fit the client's needs.
- Establishing the PMO processes and aligning expectations Learn how to define the PMO processes and align them with clients' expectations.
- Establishing the PMO performance indicators and service levels Get access to dozens of exclusive performance indicators to the PMO's functions.
- Reviewing the PMO headcount and improving competencies Learn how to define the PMO team and make action plans for the identified gaps.
- Assessing and planning the PMO maturity evolution Plan the evolution of the PMO maturity and how it will increasingly generate value.
- Running the PMO and monitoring the generated value Find out how to operate the PMO and generate results, monitoring strategic indicators.
- Measuring and revealing the value of the PMO Understand how to advance the PMO and measure the clients' value perception.
- Being recognized and starting a new assessment cycle Learn how to boost customers' perception of value and prepare for the next assessment cycle.