september 2012 chapter meeting

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Making project management indispensable for business results.® The Strategic Project Management Office Diane White, MA, SCM, PMP, 2012 PMI Board of Directors Presented to: PMI Central Indiana Chapter 20 September 2012

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Page 1: September 2012 Chapter Meeting

Making project management indispensable for business results.®

The Strategic Project Management Office Diane White, MA, SCM, PMP, 2012 PMI Board of Directors Presented to: PMI Central Indiana Chapter 20 September 2012

Page 2: September 2012 Chapter Meeting

PMI Membership At-Large

2

Page 3: September 2012 Chapter Meeting

PMI Envisioned Goal

3

Worldwide, organizations will embrace,

value, and utilize project

management and attribute their

success to it.

Page 4: September 2012 Chapter Meeting

PMI Envisioned Goal

4

Worldwide, organizations will embrace, value, and utilize project management

and attribute their success to it.

Strategic Plan

Program Plan and Budget

Page 5: September 2012 Chapter Meeting

PMI 2012 Selected Program Highlights

5

Regional Strategies

Government

Corporate

Volunteers

Communities

Research & Publications

Page 6: September 2012 Chapter Meeting

Strategic PMOs

6

The Strategic Project

Management Office

Page 7: September 2012 Chapter Meeting

Many Companies Have PMOs

7

3 of 5 organizations have an enterprise PMO

Different mandates

Varying structures

Source: 2012 PMI Pulse of the Profession survey

Page 8: September 2012 Chapter Meeting

Adapting to Fit Needs

8

PMOs often transform every few years

Page 9: September 2012 Chapter Meeting

PMOs Ensure That an Organization’s Projects Align to Business Strategy

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Page 10: September 2012 Chapter Meeting

The Roles of the PMO Are Diverse

10

Source: PMI Pulse of the Profession, 2012

72%

62%

52% 52% 50%

42% 45%

34%

83%

66%

57% 59%

48%

40%

50%

44%

79%

70%

61% 57% 55%

50% 48% 46%

78%

66%

54% 54%

48%

42%

49%

43%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90% 2006 2008 2010 2011

PM Standard-

ization

Monitor project success metrics

Program Mgmt.

Develop core PM competencies

Provide PMs

Mgmt. of project resource

allocation

Training Portfolio Mgmt.

Page 11: September 2012 Chapter Meeting

Strategic Roles for PMOs

11

Project Management Maturity

Talent Management Portfolio Management

Page 12: September 2012 Chapter Meeting

Talent Management

Project Management

Maturity

12

A PMO’s Three Strategic Roles

Portfolio Management

Page 13: September 2012 Chapter Meeting

Portfolio Management

13

Do your organization’s projects complement and reinforce each other??

Page 14: September 2012 Chapter Meeting

Portfolio Management

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Forecast benefits

Decide which projects and programs to approve

Allocate resources

Set and communicate expectations

Evaluate progress against strategy

Adapt to conditions and strategy

Page 15: September 2012 Chapter Meeting

Portfolio Management in Practice

15

Examines how each project aligns with the goals of the organization—and how it specifically delivers critical strategic functions to the organization

Moves resources from low-priority projects to crisis

response, and there is a communication and response

plan in place before an event occurs

Page 16: September 2012 Chapter Meeting

A PMO’s Three Strategic Roles

16

Project Management

Maturity

Talent Management

Portfolio Management

Page 17: September 2012 Chapter Meeting

Project Management Maturity

17

Project Outcomes by PMO Status

65%

57% 54%

60%

51%46%

Met goals/intent In budget On time

Have a PMO No PMO

Page 18: September 2012 Chapter Meeting

Project Management Maturity

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Capture and accumulate experience

Share knowledge

Foster solid practice

Page 19: September 2012 Chapter Meeting

IBM: Becoming a Project-Based Enterprise

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Page 20: September 2012 Chapter Meeting

IBM: From Products to Solutions – via Projects

20

Interconnected project teams using technology to leverage assets and common processes

Intelligent practitioners who grow their competency through education, experience, recognition and mentoring

Page 21: September 2012 Chapter Meeting

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The Value of Project Management to IBM

• Project engagement value

• Business unit value

• Corporate value

Page 22: September 2012 Chapter Meeting

Project Management

Maturity

A PMO’s Three Strategic Roles

22

Portfolio Management

Talent Management

Page 23: September 2012 Chapter Meeting

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The Role of a PMO in Talent Development

Organizations will renew their focus on Talent Development as they look to grow and gain competitive advantage in new markets

of organizations now have a career path for those engaged in project or program management

Source: PMI Salary Survey – Sixth Edition

Page 24: September 2012 Chapter Meeting

Importance of Complexity Skills and Behaviors

24

83% Align Team to Vision

80% Exemplify Integrity

Influence Stakeholders 80%

75% Negotiate Successfully

73% Inspire the Team

73% Establish Vision

Page 25: September 2012 Chapter Meeting

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Talent development: The Next Generation Project Manager

Scope

Page 26: September 2012 Chapter Meeting

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Talent development: The Next Generation Project Manager

Strategic / Management

Page 27: September 2012 Chapter Meeting

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A PMO’s Three Strategic Roles

Project Management

Maturity

Talent Management

Portfolio Management

Page 28: September 2012 Chapter Meeting

Supporting the Strategy and Envisioned Goal

Worldwide, organizations will embrace, value, and utilize project management and attribute their success to it.

28

© 2012 Project Management Institute

Page 29: September 2012 Chapter Meeting

Questions

29

© 2012 Project Management Institute

Page 30: September 2012 Chapter Meeting

Thank you

30

© 2012 Project Management Institute