Portfolio

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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News

Life after Death PMO 2.0

                    Ralf Finchett from PMO Planet was recently interviewed alongside two other PMO experts from around the world, to discuss ‘is there life after death with PMO’s?’ Ultimately, the debate circled around why PMO’s fail and can they be resurected following a failure within an organisation, and how can this be achieved? To read more on the outcomes from the debate, please go to the PMI website or subscribe to the PM Network magazine (available free on an iPad app)

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