In this article by Forrester Consulting they have written an excellent paper on how strategic PMOs play a key role in increasing an organisations ability to delivery the right projects in the right way, thus improving organisational performance and agility.
It includes an interesting section about the triggers for PMOs taking on this strategic relevance, not surprisingly, most are linked to a corporate calamity of some sort or a new CEO who is a believer.
Their findings illustrate that the critical success factors include:
- The have a seat at the executive table
- They are a critical part of the strategic planning process
- They embrace core competencies
- They use consistent objectives across industries and regions
For those of you that are familiar with Sue Vowlers P3O some of this will be old news, but it is still a very interesting article with current examples
No organisation can successfully deliver programmes and projects without an effective framework. Our work on developing the maturity model P3M3® and undertaking assessments of over 100 organisations enabled us to review a wide range of processes, guidance and tools that are used across a range of sectors.
- Incomplete frameworks with inadequate lifecycles
- Frameworks that replicate manuals and basic theory but add no value
- Roles and responsibilities that are generic, confusing or conflicting
- Themes, such as risk, that are not connected to the lifecycle or sit in isolation
- Generic role definitions with no application of the responsibilities
- Templates that bear no resemblance to the lifecycle or processes
- Little connection between programme and project management systems
- Portfolio Management frameworks that fail to address balancing priorities
To overcome this we developed our own Align Framework® and offer it as a fully supported package. If you would like to find out more about the Align Framework®, click here
P3M3® is a [registered] trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.
Lets face it, for many people Network Rail is their least favourite organisation, most of us have a tale of misery (we have) about a train journey.
What most of us don’t know is that Network Rail is one of the biggest project delivery organisations in the world, investing billions of pounds annually to recover from the historic lack of investment and build a 21st century railway whilst maintaining a Victorian infrastructure. At any one moment, around 117,000 are employed as part of these investments on the rail network.
This case study tells the story of the performance improvement journey over the last four years of Network Rail Infrastructure Projects (not the operations or the train operating companies) and in particular the Signalling division, who has now achieved P3M3 level 4.4 maturity, the highest score we have seen after assessing hundreds of organisations around the world.
This case study provides the evidence of the performance improvements that come from the adoption of P3M3 as the improvement framework.
We hope you enjoy it.