PMO VALUE RING

One methodology, eight tools
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AN INNOVATIVE METHODOLOGY THAT WILL MAKE YOUR PMO BE RECOGNIZED AND VALUED

The PMO VALUE RING methodology was developed with the participation of successful PMO leaders with a high level of maturity, with the objective of developing a solution to support the creation, revision, and operation of PMOs, focusing on the generation of effective value for organizations.

It is based on extensive benchmarking with the experience of professionals from different countries, providing recommendations and guiding the PMO configuration from successful experiences.

In fact, the PMO VALUE RING methodology is the voice of the worldwide community of PMO professionals telling us what can really increase the chances of making our PMOs successful.

THINGS THAT YOU CAN NOT FORGET:

RECOMMENDATIONS UNDER MEASURE TO MAKE YOUR PMO GENERATE VALUE

The PMO VALUE RING methodology adapts to different organizational scenarios, assuming that there is no ideal PMO model, but different configurations, which must always be aligned with the value expectations of stakeholders.

THE EXPERIENCE OF THE GLOBAL COMMUNITY OF PMOs AT YOUR REACH

Each step of the PMO VALUE RING methodology proposes specific recommendations for its PMO, based on a benchmarking database, which brings together the experience of hundreds of PMO professionals around the world.

Methodology

STEP 1:

DEFINE PMO FUNCTIONS

In this step, the PMO VALUE RING will collect the most important benefits that each stakeholder of your PMO expects to receive. Based on this information and our benchmarking database, our tool will provide a list of priority functions to increase the likelihood of meeting these expectations.

Methodology

STEP 2:

BALANCE THE MIX OF PMO FUNCTIONS

In this step, the PMO VALUE RING will collect the expectations of each stakeholder and will use our benchmarking database to indicate how the PMO will be able to generate perceived value for its stakeholders over time.

Methodology

STEP 3:

ESTABLISH PMO PROCESSES

In this step, the PMO VALUE RING will provide detailed process recommendations for each of the selected PMO functions, based on our benchmarking database.

Methodology

STEP 4:

DEFINE PMO KPIs

In this step, based on our benchmarking database, the PMO VALUE RING will provide a set of KPIs for each PMO function, including recommendations on the relevance of each indicator and the details on how they should be established, measured and evaluated.

Methodology

STEP 5:

DEFINE PMO HEADCOUNT AND COMPETENCIES

In this step, the PMO VALUE RING will provide recommendations for defining the PMO team, identifying the competencies required and their relevance. It will also provide a 360° assessment tool that will identify the level of proficiency of each PMO team member in the competencies required, identify gaps, assist in the definition of development plans, and suggest the best allocation of resources according to PMO function.

Methodology

STEP 6:

IDENTIFY THE PMO’S MATURITY AND PLAN ITS EVOLUTION

In this step, the PMO VALUE RING will assist in assessing the current and desired levels of PMO maturity, detailing each function at levels that reflect the evolution of the PMO’s ability to generate value for the organization. Using our benchmarking database, the system will also support the creation of action plans for the evolution of the PMO.

Methodology

STEP 7:

CALCULATE PMO ROI

In this step, the PMO VALUE RING will assist in measuring the PMO’s financial return, taking into account the specific organizational problems that generate potential losses, the PMO function mix, and our benchmarking database.

Methodology

STEP 8:

MONITOR THE PMO’S STRATEGIC PERFORMANCE

PMO VALUE RING offers a control panel where you can set goals and track PMO results by monitoring the generation of value for your stakeholders and your organization.

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