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PMO Blog

Why the 3×3 Project Risk Scoring Matrix doesn’t work on Portfolio’s?

This has been a frustration of mine for a long time – how many Portfolio’s collect all the Project Risk Logs (or RAIDs) and then say this is the Organisations Portfolio Risk Log….. WRONG!!! The top scoring aggregated Project risks are not Organisational Portfolio risks. There might be the odd one or two which comes from a Project and affects the whole Portfolio, but generally one set of risks focus’s on delivery of a single project (outputs and plans etc), the other should focus on the impact to the Organisations ability to absorb change, and if there is any risk…

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PMO Blog

What is a Portfolio Office?

One question with so many answers….. EPMO, CPMO, PPO, PMO, ABC, 123…. la la la…. Lets start with what it is not…. a Portfolio Office is not about standards, or training, or templates, or dashboard reports… Although these are activities that a Portfolio Office could class within it’s accountabilities, the main objective should be a commercially driven one; something along the lines of ‘accountable for the business to realise the best value proposition in delivering change that drives the organisations strategic objectives’ Run the Business, Change the Business, Run the Business – this is the reality of ensuring all change…

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PMO Blog

War on Project Failure

  To kick off the ‘War on Project Failure’ we’ve attached some propaganda posters for you to download…. click here to see all the ‘Keep Calm’ posters or go to http://146.66.76.103/~pmoplanet/war-on-projects The idea was formed from an article produced on the PM Hut, listing 31 reasons why projects fail. The list was not a detailed explanation, but literally a simple list. So as a bit of fun, we’ve started adding to this list….. and feel free to suggest any posters you would like to see Keep Calm…. it’s only a Project! p.s. for those wanting to know more about Keep…

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Events

PPSO Special Interest Group – North England

The 1st North:PPSOSIG Event We are pleased to announce the first PPSOSIG:North event which will be taking place on Thursday 26th August at 5pm – 7pm (to 7.30pm for networking afterwards) Agenda Hosted by Lindsay Scott, PPSOSIG Committee John Heathcote, Senior Lecturer and Course Leader for the MSc (Hons) Strategic Project Management degree at Leeds Metropolitan University (Centre for Project Management) will be presenting on “How PMO’s Add to the Maturity of Project Management in an Organisation” Attendees will also be able to ask John questions about the current project management research at the Leeds Met Ralf Finchett Jnr is…

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