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	<title>pmo Archives - Management Square</title>
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	<title>pmo Archives - Management Square</title>
	<link>https://www.management-square.com/tag/pmo/</link>
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<site xmlns="com-wordpress:feed-additions:1">119406395</site>	<item>
		<title>How to Set Up Your PMO for Managing Benefits ?</title>
		<link>https://www.management-square.com/pmo-managing-benefits/</link>
		
		<dc:creator><![CDATA[Management Square]]></dc:creator>
		<pubDate>Sat, 26 May 2018 17:25:22 +0000</pubDate>
				<category><![CDATA[Project Management Office]]></category>
		<category><![CDATA[Managing benefits]]></category>
		<category><![CDATA[pmo]]></category>
		<category><![CDATA[PMO BENEFITS]]></category>
		<category><![CDATA[PMO Managing benefits]]></category>
		<guid isPermaLink="false">https://www.management-square.com/?p=15389</guid>

					<description><![CDATA[<p>Managing benefits and understanding them in the process often happens after the project has ended, and that’s perfectly normal. But on the other hand, it’s also a problem. Why is that? The one main issue here once a project finishes, governance starts to slip away into the cracks. Tracking, reporting, and managing seem to go [&#8230;]</p>
<p>The post <a href="https://www.management-square.com/pmo-managing-benefits/">How to Set Up Your PMO for Managing Benefits ?</a> appeared first on <a href="https://www.management-square.com">Management Square</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Managing benefits and understanding them in the process often happens after the project has ended, and that’s perfectly normal. But on the other hand, it’s also a problem. Why is that?</p>
<p>The one main issue here once a project finishes, governance starts to slip away into the cracks. Tracking, reporting, and managing seem to go disappear as well, there’s no <a href="https://www.management-square.com/business-consulting/pmo-deployment-and-enhancement/pmo-value-ring-methodology/" target="_blank" rel="noopener">PMO</a> involved, and no meetings to discuss oversights and results.</p>
<p>Managing benefits and their realization are handed down to the people who have adopted the project deliverables. However, it is not their job to track and report results; it’s a key area where the <a href="https://www.management-square.com/pmo-goals/" target="_blank" rel="noopener">PMO</a> added value and give quality data in regards to the project initiatives.</p>
<p>&nbsp;</p>
<h2><span style="color: #355c7d;"><strong>Managing Benefits Approach</strong></span></h2>
<p>Before you delve managing benefits and realizing them under the flagship of <a href="https://www.management-square.com/pmo-metrics/" target="_blank" rel="noopener">PMO</a>, it’s essential to understandwhat the organization wants in terms of benefits tracking.</p>
<p>Benefits realization is often found in strategic and enterprise-level <a href="https://www.management-square.com/digital-pmo/" target="_blank" rel="noopener">PMO</a>s seeing that tasks such as tracking and reporting are often connected to <a href="https://www.management-square.com/business-consulting/portfolio-management/" target="_blank" rel="noopener">portfolio management</a>. If your business doesn’t still have a PMO for <a href="https://www.management-square.com/event/mastering-project-portfolio-management-pfmp-certification-preparation/" target="_blank" rel="noopener">portfolio management</a>, you might want to adapt your approach a little bit; ensure that you bounce this back to the senior management so that they have a clear view of the possible benefits in the project lifecycle.</p>
<p>Even if you don’t have a mature <a href="https://www.management-square.com/business-consulting/pmo-deployment-and-enhancement/" target="_blank" rel="noopener">PMO</a>, you can still incorporate an approach that can help you in managing benefits. Start this by creating a culture where <a href="https://www.management-square.com/project-management-certification/" target="_blank" rel="noopener">project managers</a> can see the deliverables used in an actual situation. The organization will find it easier to acquire benefits if the project has the user and end results in mind.</p>
<p>&nbsp;</p>
<h2><span style="color: #355c7d;"><strong>System Set Up</strong></span></h2>
<p>Your benefits system must have come out with data that will help managers make decisions, as reflected in the other systems of <a href="https://www.management-square.com/pmo-manager-roles/" target="_blank" rel="noopener">PMO</a>.</p>
<p>Tracking benefits should include an immediate flagging of issues within a project. This will give managers ample time to find solutions and deal the problem head-on. But managing benefits and tracking them go a long way. Other than the usual reporting and documenting, there is a need to pull some more weight to be able to effectively manage your resources.</p>
<p>&nbsp;</p>
<h2><span style="color: #355c7d;"><strong>Results Toward the Long Haul</strong></span></h2>
<p>Projects take time to produce so you can&#8217;t expect that managing benefits can be shifted overnight. It’s a big step moving to <a href="https://www.management-square.com/pmo-learning-transfer/" target="_blank" rel="noopener">PMO</a> processes and tools that will simplify complex reports.</p>
<p>Start taking baby steps at this point such as:</p>
<ul>
<li>Updating your project template to include a detailed benefits data</li>
<li>Giving balances during the project lifecycle to evaluate whetherthe project is on the right track in order to acquire the stated benefits</li>
<li><a href="https://www.entrepreneur.com/article/244309" target="_blank" rel="noopener">Creating a culture</a> where the organization can benefit from rather than just accomplishing tasks onthe list</li>
</ul>
<p>These activities will take a long time. Remember that managing benefits is a long-term approach and something that you’re willing to work over time. You might even get some extra help seeing that you don’t have enough expertise and skills in it.</p>
<p>&nbsp;</p>
<h2><span style="color: #355c7d;"><strong>Raising Up Your Benefits</strong></span></h2>
<p>The role of a mature PMO is to aim for managing benefits. If your <a href="https://www.management-square.com/pmo-types/" target="_blank" rel="noopener">PMO</a> is not mature enough, you might consider taking a first few steps before delving into managing benefits. And when the time comes, you might consider raising up the bar for your team and processes for you to be able to support PMO benefits management. Prepare your plan of action, software, processes, resources, and a vision supported by the executives.</p>
<p>&nbsp;</p>
<p>It always starts small and builds to something bigger and greater.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>The post <a href="https://www.management-square.com/pmo-managing-benefits/">How to Set Up Your PMO for Managing Benefits ?</a> appeared first on <a href="https://www.management-square.com">Management Square</a>.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">15389</post-id>	</item>
		<item>
		<title>Things You Need to Know About Digital PMO</title>
		<link>https://www.management-square.com/digital-pmo/</link>
		
		<dc:creator><![CDATA[Management Square]]></dc:creator>
		<pubDate>Tue, 28 Nov 2017 09:34:08 +0000</pubDate>
				<category><![CDATA[Project Management Office]]></category>
		<category><![CDATA[Digital PMO]]></category>
		<category><![CDATA[Digital Project Management Office]]></category>
		<category><![CDATA[pmo]]></category>
		<category><![CDATA[project management office]]></category>
		<guid isPermaLink="false">https://www.management-square.com/?p=15327</guid>

					<description><![CDATA[<p>The industry has been under a lot of changes for the past ten years. Mobile devices, cloud software, and big data in a single machine have made their way to the top, giving way to a more streamlined effective approach and principle, as well as strategies and methodologies. Lump everything together and you got yourself [&#8230;]</p>
<p>The post <a href="https://www.management-square.com/digital-pmo/">Things You Need to Know About Digital PMO</a> appeared first on <a href="https://www.management-square.com">Management Square</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The industry has been under a lot of changes for the past ten years. Mobile devices, cloud software, and big data in a single machine have made their way to the top, giving way to a more streamlined effective approach and principle, as well as strategies and methodologies. Lump everything together and you got yourself a digital PMO.</p>
<p>&nbsp;</p>
<h2><span style="color: #355c7d;"><b>Digital PMO: An Overview</b></span></h2>
<p>From the word ‘digital’ alone, we already have an idea that it has something to do with the internet, going mobile or relying on online software tools to get the job done. In the case of digital <a href="https://www.management-square.com/business-consulting/pmo-deployment-and-enhancement/pmo-value-ring-methodology/">PMO</a>, it is to relay real-time information to team members to any device, at any time.</p>
<p>The main advantage of digital PMO is that managers are able to acquire information easily and make decisions at any given time. What’s more, it makes procedures faster, as well as approvals and authorizations that need to be made in a project. There’s no need to wait around a day or even a week for reports considering that they are relayed during the task. It makes this efficient because the managers in charge can check for issues and come up with an immediate solution.</p>
<p>Another benefit of digital <a href="https://www.management-square.com/business-consulting/pmo-deployment-and-enhancement/">PMO</a> is there are less frequent meetings. That is not to say that meetings, in general, are unnecessary and a waste of time, but they do eat some precious time. At this rate, meetings should be done when there are some crucial points to be made before starting the project or a recap of this week’s progress. Digital PMO reduces cost as well because everything&#8212;from spreadsheets to reports are merged into one online tool where certain people have access to it. Lastly, transparency is increased which means more information will be provided among teams and in turn increase productivity and make tasks more efficient.</p>
<p>&nbsp;</p>
<h2><span style="color: #355c7d;"><b>Is the Change Worth It?</b></span></h2>
<p>Think about how digital PMO impacts your workplace, project, and team as a whole. Going digital doesn’t mean that your PMO will lose its ability to tackle with physical resources. It’s still up to the organization if they want a full-blown digital PMO and if that will be the case, you need to take cost, tools to use, storage space, and available network into account. Building a digital PMO is the first step and everyone must be ready for that from beginning to end.</p>
<p>Take note that there will be setbacks along the way so ensure that the resources are compatible such as instant messaging, project management software tools, templates, and other online applications.</p>
<p>It’s safe to say that all areas of businesses and industries are already on their way to embracing these digital changes and <a href="https://www.management-square.com/pmo-types/">PMO</a> is no exception. You cannot expect that everyone can easily adjust to digital PMO and other changes, so hands-on practice should be implemented.</p>
<p>&nbsp;</p>
<p>It’s also crucial to integrate your system to these <a href="https://en.wikipedia.org/wiki/Change_management" target="_blank" rel="noopener">changes</a> for a streamlined approach. Start with small steps and don’t force your team members to immediately digest the aspects of a certain tool or approach. While you are at it, take note of your priorities and don’t get lost in your organization’s objective. At the end of the day, embracing digital PMO doesn’t necessarily mean building it from scratch. You can also make do with what you already have. Take a good look around and look for practices and tools that you can use to skyrocket your PMO into the digital spectrum.</p>
<p>The post <a href="https://www.management-square.com/digital-pmo/">Things You Need to Know About Digital PMO</a> appeared first on <a href="https://www.management-square.com">Management Square</a>.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">15327</post-id>	</item>
		<item>
		<title>How To Take Advantage Of Learning Transfer With Your PMO?</title>
		<link>https://www.management-square.com/pmo-learning-transfer/</link>
		
		<dc:creator><![CDATA[Management Square]]></dc:creator>
		<pubDate>Thu, 09 Nov 2017 08:00:58 +0000</pubDate>
				<category><![CDATA[Project Management Office]]></category>
		<category><![CDATA[Learning Transfer]]></category>
		<category><![CDATA[pmo]]></category>
		<guid isPermaLink="false">https://www.management-square.com/?p=15297</guid>

					<description><![CDATA[<p>Course training is a great way for employees to boost their learning in their respective field and even unearth skills they never have before. But if you have a ten-strong team doing massive projects at once, it’s hard to keep track and ensure if the training is even put to good use. It is proven [&#8230;]</p>
<p>The post <a href="https://www.management-square.com/pmo-learning-transfer/">How To Take Advantage Of Learning Transfer With Your PMO?</a> appeared first on <a href="https://www.management-square.com">Management Square</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Course training is a great way for employees to boost their learning in their respective field and even unearth skills they never have before. But if you have a ten-strong team doing massive projects at once, it’s hard to keep track and ensure if the training is even put to good use.</p>
<p>It is proven that when training is brought to one’s task, <strong><a href="https://www.management-square.com/business-consulting/pmo-deployment-and-enhancement/" target="_blank" rel="noopener">Project Management Office</a> (<a href="https://www.management-square.com/business-consulting/pmo-deployment-and-enhancement/" target="_blank" rel="noopener">PMO</a>)</strong> becomes more effective. Learning a significant element in the training is essential for a vital PMO and this increases its effectivity. On the other hand, it is the PMO’s job to provide these training courses and coordinate with the respective offices.</p>
<p>&nbsp;</p>
<h2><span style="color: #468cca;"><strong>The Matter of Learning Transfer</strong></span></h2>
<p>It’s no surprise that people have a hard time implementing what they learn from the training to their task at work. Even more so, they just forgot them altogether the minute the training is finished. Some are able to use their new skills, but only for a short span of time.</p>
<p>This ‘gap’ is more common on soft training skills. Harder skills, such as utilizing <a href="https://www.management-square.com/business-consulting/project-management-consulting/" target="_blank" rel="noopener">project management</a> software, are more practiced in their field. There are certain skills that won’t cling for a long time. On the other hand, when you have a skill in collaborating tools to get data on said tool, this will likely be a part of your forte.</p>
<p>&nbsp;</p>
<h2><span style="color: #468cca;"><strong>How to Get that Learning Moving</strong></span></h2>
<p>A course doesn’t ensure that an individual has the entire grasp of what it contains. The aspects within a certain course will end up useless if one doesn&#8217;t know how to work it to his or her advantage. There are many ways that <a href="https://www.management-square.com/business-consulting/pmo-deployment-and-enhancement/pmo-value-ring-methodology/" target="_blank" rel="noopener">PMO</a> and project managers can instill that learning to their staff.</p>
<p>Before the course or training, set objectives on what everyone should learn from the session. Set expectations as well and prepare hands-on training containing real-life situations with a realistic approach and result. Create an exercise every training so that the following attendees can have the full understanding of what they’re getting into. Putting them in a particular situation will stimulate their critical thinking skills, creativity, and initiative.</p>
<p>The PMO can also give coaching sessions as part of the training exercises. This will serve as <a href="https://en.wikipedia.org/wiki/Mentorship" target="_blank" rel="noopener">mentoring</a>, as well as training on new skills that will be useful for their upcoming tasks. Newly trained employees can be put on certain areas as part of their evaluation process, but you need to coordinate with the line managers before doing this so that both of you can come up with an efficient method for the following skill sets.</p>
<p>These sessions don’t have to be done every day but rather set aside a schedule for weekly training that includes task recap, skill assessment, and what the employees have learned on their last course. This is also a great platform for them to ask questions and clarify certain aspects of their training.</p>
<p>&nbsp;</p>
<h2><span style="color: #468cca;"><strong>The Impact of Training on Your Project Team</strong></span></h2>
<p>Pre and post-training surveys are the most common tool to measure how training or courses impact your project teams—how much they have learned or areas they need to improve on. While you are at it, you can measure each of the individual&#8217;s project data before and after the training. Even with all the million tools in the world, measuring the training impact is deemed difficult, so you need to think hard for the right method for your <a href="https://www.management-square.com/pmo-types/" target="_blank" rel="noopener">PMO</a>.</p>
<p>&nbsp;</p>
<p>Getting information and measuring the results of project team training is crucial since it also impacts the business. This concept works on all angles where project managers will become more aware of the areas they need to improve on and PMOs will know the inner workings of a particular job. The following training sessions will also help everyone in the hierarchy to develop a new technique to make them more effective in their field.</p>
<p>The post <a href="https://www.management-square.com/pmo-learning-transfer/">How To Take Advantage Of Learning Transfer With Your PMO?</a> appeared first on <a href="https://www.management-square.com">Management Square</a>.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">15297</post-id>	</item>
		<item>
		<title>So What Kind Of PMO Are You?</title>
		<link>https://www.management-square.com/pmo-types/</link>
		
		<dc:creator><![CDATA[Management Square]]></dc:creator>
		<pubDate>Mon, 06 Nov 2017 09:58:31 +0000</pubDate>
				<category><![CDATA[Project Management Office]]></category>
		<category><![CDATA[Business Unit PMO]]></category>
		<category><![CDATA[Center of Excellence]]></category>
		<category><![CDATA[Enterprise PMO]]></category>
		<category><![CDATA[pmo]]></category>
		<category><![CDATA[PMO Type]]></category>
		<category><![CDATA[PMO Types]]></category>
		<category><![CDATA[project management office]]></category>
		<category><![CDATA[Project PMO]]></category>
		<category><![CDATA[Project Support PMO]]></category>
		<guid isPermaLink="false">https://www.management-square.com/?p=15292</guid>

					<description><![CDATA[<p>Every PMO is different and each caters to various needs of an organization. This factor is significant since your PMO needs to be tailored in order to serve as a support system for your strategies and people. &#160; Despite the distinctions, there are five most common PMOs that exist in most organizations that have become [&#8230;]</p>
<p>The post <a href="https://www.management-square.com/pmo-types/">So What Kind Of PMO Are You?</a> appeared first on <a href="https://www.management-square.com">Management Square</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Every <em><strong>PMO</strong></em> is different and each caters to various needs of an organization. This factor is significant since your <a href="https://www.management-square.com/business-consulting/pmo-deployment-and-enhancement/" target="_blank" rel="noopener">PMO</a> needs to be tailored in order to serve as a support system for your strategies and people.</p>
<p>&nbsp;</p>
<p>Despite the distinctions, there are five most common PMOs that exist in most organizations that have become a solid foundation for a business’ success, as well as the project management’s effectiveness. These five types are also recognized by the Project Management Institute’s (PMI) PMO <a href="https://www.pmi.org/-/media/pmi/documents/public/pdf/learning/thought-leadership/pulse/pmo-frameworks.pdf" target="_blank" rel="noopener">Framework</a> that contains various areas of what a certain PMO does, based on the category it falls in. Additionally, the framework is also validated by existing PMO leaders and teams, so you can say that these PMO types do exist.</p>
<p>&nbsp;</p>
<p>So from this list, which Project Management Office type do you most likely to fall in? Are you more the Project Support type? Or an Enterprise PMO? Below are the five types of Project Management Office and their distinct qualities.</p>
<p>&nbsp;</p>
<ol>
<li>
<h2><span style="color: #355c7d;"><strong>Project Support PMO</strong></span></h2>
</li>
</ol>
<p>Also known as Project Services or Control Offices, Project Support PMO concentrates on requirements in order fulfill the job. They are the jack of all trades when it comes to processes, tools, training, and techniques. Project management software and collaboration tools also happen to be their forte.</p>
<p>Project support PMOs are usually present on project management with low maturity, so if you want to boost your project management’s maturity level, have this type of <a href="https://en.wikipedia.org/wiki/Project_management_office" target="_blank" rel="noopener">Project Management Office</a> around you.</p>
<p>&nbsp;</p>
<ol start="2">
<li>
<h2><span style="color: #355c7d;"><strong>Business Unit PMO</strong></span></h2>
</li>
</ol>
<p>They are usually on limited departments such as IT sectors where they are in charge of governance, training, resource allocation, and reporting. Business Unit PMO is different from IT PMO. The former is more focused on financial responsibility for capital project cost, while the latter is more inclined to IT-based projects such as interface processes.</p>
<p>&nbsp;</p>
<ol start="3">
<li>
<h2><span style="color: #355c7d;"><strong>Center of Excellence</strong></span></h2>
</li>
</ol>
<p>As the name itself, this certain Project Management Office focuses on improving and developing people’s skills and competency. This is done through a different array of support services such as maintaining project management resources, delivering training courses, and facilitating mentoring or coaching sessions.</p>
<p>As a competency center of a business, Center of Excellence is considered the gatekeeper of methodologies used for an organization&#8217;s success, as well as the effectiveness of people in their tasks and responsibilities. The end goal of this particular Project Management Office type is to establish standard practices of instilling knowledge and managing lessons from both the training and tasks.</p>
<p>&nbsp;</p>
<ol start="4">
<li>
<h2><span style="color: #355c7d;"><strong>Project PMO</strong></span></h2>
</li>
</ol>
<p>Project PMO is usually required on large-scale projects, often temporarily deployed to serve as governance on activities such as project coordination and report. Don’t confuse main PMOs to project PMOs since the former is the administrator of the entire project and the project PMO is focused on specific projects and reports the progress back to the main PMO.</p>
<p><strong> </strong></p>
<ol start="5">
<li>
<h2><span style="color: #355c7d;"><strong>Enterprise PMO</strong></span></h2>
</li>
</ol>
<p>As the highest ranked among PMOs, Enterprise is responsible for reporting to board members and maybe even a CEO. Their primary goal is strategic alignment—ensuring that the project and program are parallel to the organization&#8217;s objective. They are highly-involved in enterprise-wide governance as well as <a href="https://www.management-square.com/business-consulting/portfolio-management/" target="_blank" rel="noopener">portfolio management</a>, project prioritization, strategy formulation, and alignment.</p>
<p>&nbsp;</p>
<hr />
<h2><span style="color: #355c7d;"><strong>You Could Be a Combination of One or More PMOs</strong></span></h2>
<hr />
<p>You might fall into the Business Unit or Project Support PMO—or you can be a combination of both or all five <a href="https://www.management-square.com/business-consulting/pmo-deployment-and-enhancement/" target="_blank" rel="noopener">Project Management Office</a> types. In that case, you are doing your organization a great advantage. Having these combinations will make you more capable in various fields with in-depth tasks, making you a jack of all trades in the PMO field.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>The post <a href="https://www.management-square.com/pmo-types/">So What Kind Of PMO Are You?</a> appeared first on <a href="https://www.management-square.com">Management Square</a>.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">15292</post-id>	</item>
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