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<channel>
	<title>vPMO Blog</title>
	<link>http://virtualprojectservices.com</link>
	<description>Project Management Office and Virtual PMO Discussions</description>
	<pubDate>Mon, 14 Jun 2010 18:12:37 +0000</pubDate>
	<generator>http://wordpress.org/?v=2.2.1</generator>
	<language>en</language>
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		<title>Setting standards and achieving compliance</title>
		<link>http://virtualprojectservices.com/2010/06/14/setting-standards-and-achieving-compliance/</link>
		<comments>http://virtualprojectservices.com/2010/06/14/setting-standards-and-achieving-compliance/#comments</comments>
		<pubDate>Mon, 14 Jun 2010 18:09:08 +0000</pubDate>
		<dc:creator>Sasha Lomas</dc:creator>
		
		<category><![CDATA[PMO Set-up]]></category>

		<guid isPermaLink="false">http://virtualprojectservices.com/2010/06/14/setting-standards-and-achieving-compliance/</guid>
		<description><![CDATA[It is one thing to set standards. It is anther thing to achieve compliance. Setting standards means choosing the right processes and templates for the organization and making them a standard for the workforce to use. Achieving compliance is getting the team to follow the process and use the templates. This brings a whole new meaning to the PMO as [...]]]></description>
			<content:encoded><![CDATA[<p>It is one thing to set standards. It is anther thing to achieve compliance. Setting standards means choosing the right processes and templates for the organization and making them a standard for the workforce to use. Achieving compliance is getting the team to follow the process and use the templates. This brings a whole new meaning to the PMO as the bridge between the people and the process and templates. </p>
<p>In previous discussions we talked about if and how to get started with Project Management Office, the benefits that can be realized and what needs to happen to get started. The primary focus was on &#8220;Setting Standards&#8221;.</p>
<p>Once the standards are set, it is fair to assume that&#8230;&#8230;&#8230;</p>
<ol>
<li>You have completed the assessment, selected or created standard templates for projects from initiation to closure. The templates are easily accessible to all project managers and team leads. Next step is to make sure that they are used.</li>
<li>You have defined the success criteria for the PMO as <strong>compliance</strong> to project management methodology and correct use of <strong>standard</strong> templates. </li>
</ol>
<p>Now the fun starts. You need to get the team to buy in, follow the process, use the templates, achieve compliance.</p>
<p>The first step we recommend is COMMUNICATION. It is important to make sure that everyone who interacts with the PMO and uses the standards and templates, has read and understands the &#8230;&#8230;&#8230;&#8230;..</p>
<ul>
<li>company&#8217;s Project Management Methodology</li>
<li>Role of PMO</li>
<li>where to find the templates</li>
<li>how to use the templates</li>
<li>what is the process and turn around time to review the documents for compliance before they are submitted for approval</li>
<li>the tracking and reporting that the PMO does to acheive compliance</li>
</ul>
<p>The PMO should provide a single online repository for the Project Management Methodology and templates with guidelines on how to use them.  Regular lunch and learn meetings should be held to provide an opportunity to address any questions, provide training and collect feedback from the trenches.</p>
<p>We invite you to share with us your experience on setting up your standards and achieving compliance. Questions, comments, discussions are welcome as they will benefit all.</p>
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		<title>PMO - Who Should Have One?</title>
		<link>http://virtualprojectservices.com/2010/04/07/project-managment-office-who-should-have-one/</link>
		<comments>http://virtualprojectservices.com/2010/04/07/project-managment-office-who-should-have-one/#comments</comments>
		<pubDate>Wed, 07 Apr 2010 01:50:33 +0000</pubDate>
		<dc:creator>Sasha Lomas</dc:creator>
		
		<category><![CDATA[PMO Set-up]]></category>

		<guid isPermaLink="false">http://virtualprojectservices.com/2010/04/07/project-managment-office-who-should-have-one/</guid>
		<description><![CDATA[Anyone who wants to&#8230;..
- achieve predictable results
- have quick access to project information
- reduce project costs caused by scope creeps
- manage and meet customer expectations
- position themselves for growth
- give confidence to customers in ability to deliver
What about YOU? Do you have a PMO or are you in the process of setting one up or are [...]]]></description>
			<content:encoded><![CDATA[<p>Anyone who wants to&#8230;..</p>
<p>- achieve predictable results</p>
<p>- have quick access to project information</p>
<p>- reduce project costs caused by scope creeps</p>
<p>- manage and meet customer expectations</p>
<p>- position themselves for growth</p>
<p>- give confidence to customers in ability to deliver</p>
<p>What about YOU? Do you have a PMO or are you in the process of setting one up or are you thinking about it?</p>
]]></content:encoded>
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		<item>
		<title>Holiday Note</title>
		<link>http://virtualprojectservices.com/2009/12/22/holiday-note/</link>
		<comments>http://virtualprojectservices.com/2009/12/22/holiday-note/#comments</comments>
		<pubDate>Tue, 22 Dec 2009 15:58:21 +0000</pubDate>
		<dc:creator>Carol Glover</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://virtualprojectservices.com/2009/12/22/holiday-note/</guid>
		<description><![CDATA[Its’ been one month since starting this blog and the holidays are upon us.  vPMO Blog will be taking a short break from posting but we plan to have some exciting topics in the new year. Questions, suggestions and comments are always welcome.
We’d like to take this opportunity to thank you for reading and to [...]]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal"><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 10pt">Its’ been one month since starting this blog and the holidays are upon us.  vPMO Blog will be taking a short break from posting but we plan to have some exciting topics in the new year. Questions, suggestions and comments are always welcome.</span></p>
<p class="MsoNormal"><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 10pt"></span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 10pt">We’d like to take this opportunity to thank you for reading and to wish you and your family a safe, happy holiday and a prosperous New Year.   We look forward to writing for you and getting to know you in the new year.</span></p>
<p class="MsoNormal"><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 10pt">Sincerely,</span></p>
<p class="MsoNormal"><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 10pt">Sasha Lomas</span></p>
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		<title>PMO Setup Part 2 - Quick Wins</title>
		<link>http://virtualprojectservices.com/2009/12/11/pmo-setup-part-2-quick-wins/</link>
		<comments>http://virtualprojectservices.com/2009/12/11/pmo-setup-part-2-quick-wins/#comments</comments>
		<pubDate>Fri, 11 Dec 2009 15:49:33 +0000</pubDate>
		<dc:creator>Carol Glover</dc:creator>
		
		<category><![CDATA[PMO Set-up]]></category>

		<guid isPermaLink="false">http://virtualprojectservices.com/2009/12/11/pmo-setup-part-2-quick-wins/</guid>
		<description><![CDATA[Further to last week’s posting, I’d like to build on the process of starting your PMO. I suggest that you focus on quick wins and plan for a gradual and orderly progression in project and PMO maturity.  How do you do this?  First, be sure to find people you trust to help you work through [...]]]></description>
			<content:encoded><![CDATA[<p><font face="Times New Roman">Further to last week’s posting, I’d like to build on the process of starting your PMO. I suggest that you </font><span style="font-family: Calibri">focus on quick wins and plan for a gradual and orderly progression in project and PMO maturity.  How do you do this? </span><span style="font-family: Calibri"> </span><span style="font-family: Calibri"><span style="font-family: Calibri">First, be sure to find people you trust to help you work through the initiating process.<span>  </span>You will need to take a cold, hard look at the way you do projects. If possible, review past projects for the following information:</span></p>
<p></span></p>
<ul>
<li><span style="font-family: Calibri">Were they completed on time? On budget? </span></li>
<li><span style="font-family: Calibri">Were there many changes (formal or informal)?</span></li>
<li><span style="font-family: Calibri">Did the team perform well together? Were there painful gaps in communication?</span></li>
<li><span style="font-family: Calibri">Do you create processes and templates at the start of each project?</span></li>
<li><span style="font-family: Calibri">Do you have a formal documentation process or is it adhoc? Is there similarity between projects even if not formalized?</span></li>
<li><span style="font-family: Calibri">Was there a review of the project after completion? If so, were any lessons learned documented?</span><span style="font-family: Calibri"> </span></li>
</ul>
<p><span style="font-family: Calibri">For each of the questions above, look a little deeper at the answers you give; go beyond yes and no. <span> </span>Ask yourself if there were any specific pain points that could have been avoided. <span> </span>Don’t worry if you can’t answer all of these questions.<span>  </span>You have already taken a big step just in starting to examine the possibility of implementing a Project Management Office.<span>  </span></span><span style="font-family: Calibri"> </span><span style="font-family: Calibri"><span style="font-family: Calibri">With the information you have gathered from the exercise above, you can start to identify your quick wins.<span>  </span>Some examples of quick wins could be:</span></p>
<p></span></p>
<ul>
<li><span style="font-family: Calibri">Create Templates for your project charter, requirements documents, work breakdown structure, meeting agendas and minutes as well as any other documents that you normally produce for each project. Don’t underestimate the power of the template.<span>   </span>Once you become familiar with the elements of the template, you will find that you begin to organize your thoughts well in advance of filling in the document.<span>  </span>Familiar templates also promote consistent flow of communication within the team because everyone knows what to expect and when. </span></li>
<li><span style="font-family: Calibri">If your projects follow a common flow, create checklists to ensure that you don’t miss details along the way. The checklist should include communication, documentation and decision waypoints.<span>  </span></span><span style="font-family: Calibri"> </span></li>
</ul>
<p><span style="font-family: Calibri">You will likely find at least 3 quick wins in your current project processes. You can either implement them all at once or in stages.<span>  </span>You are best advised to look at the culture of your work group and use your judgment on this.<span>  </span>Forcing too much at once will likely create resistance to these small steps and any future progress.</span><span style="font-family: Calibri"> </span><span style="font-family: Calibri"><span style="font-family: Calibri">Once you have had the chance to take a close look at your current project environment you will likely start developing ideas about what you want your PMO to achieve (see last post).<span>  </span></span><span style="font-family: Calibri"> </span></p>
<p></span></p>
<p style="margin: 0in 0in 0pt" class="MsoNormal"><span style="font-family: Calibri">Coming up in the next blog – Where do you go from here?</span></p>
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		<item>
		<title>Choosing Your PMO</title>
		<link>http://virtualprojectservices.com/2009/11/30/choosing-your-pmo/</link>
		<comments>http://virtualprojectservices.com/2009/11/30/choosing-your-pmo/#comments</comments>
		<pubDate>Mon, 30 Nov 2009 17:37:39 +0000</pubDate>
		<dc:creator>Carol Glover</dc:creator>
		
		<category><![CDATA[PMO Set-up]]></category>

		<guid isPermaLink="false">http://virtualprojectservices.com/2009/11/30/choosing-your-pmo/</guid>
		<description><![CDATA[You have a desire to implement a PMO in your organization.  Being a responsible executive, you decide to do some research.  There are many articles and even more solutions to be found.  It is easy to be overcome by information and options.  You will find many tools on the market, free and not-so-free that claim [...]]]></description>
			<content:encoded><![CDATA[<p><span style="font-family: Calibri"></span><span style="font-family: Calibri">You have a desire to implement a PMO in your organization.<span>  </span>Being a responsible executive, you decide to do some research.<span>  </span>There are many articles and even more solutions to be found.<span>  </span>It is easy to be overcome by information and options.<span>  </span>You will find many tools on the market, free and not-so-free that claim to be “the” solution. Suddenly you don’t know what to do anymore – information overload.</span><span style="font-family: Calibri"> </span><span style="font-family: Calibri"> </span></p>
<p><span style="font-family: Calibri"></span><span style="font-family: Calibri">Let’s get back to basics.<span>  </span></span><span style="font-family: Calibri"> </span><span style="font-family: Calibri"><span style="font-family: Calibri">Think about what you want your PMO to achieve.<span>  </span></span></span></p>
<ul>
<li><span style="font-family: Calibri">Provision of templates for project charter, financial analysis, procurement documents etc.</span></li>
<li><span style="font-family: Calibri">Central archive for project documents</span></li>
<li><span style="font-family: Calibri">Documented project methodology</span></li>
<li><span style="font-family: Calibri">Provide project guidance and training</span></li>
<li><span style="font-family: Calibri">Provide specialized resources to projects</span></li>
<li><span style="font-family: Calibri">Align projects with business goals and strategies</span></li>
<li><span style="font-family: Calibri">All of the above, some of the above or something completely different.</span><span style="font-family: Calibri"> </span><span style="font-family: Calibri"> </span></li>
</ul>
<p><span style="font-family: Calibri">The next step is to consider your current project maturity. Do you already have efficient templates and successful &amp; consistent project practices or are you starting from square one? Square one can be defined as inconsistent application of project management processes, lack of templates and discipline.<span>  </span>The answer to this question will guide you in determining the complexity you are able to tolerate in your new PMO.<span>  </span></span><span style="font-family: Calibri"> </span></p>
<p><span style="font-family: Calibri"></span><span style="font-family: Calibri"><span style="font-family: Calibri">Here are some more questions you must ask yourself before deciding on a PMO solution:</span></span></p>
<ol style="margin-top: 0in" type="1">
<li style="margin: 0in 0in 0pt; tab-stops: list .5in" class="MsoNormal"><span style="font-family: Calibri">Can you afford the full time resources that are typical of a PMO?</span></li>
<li style="margin: 0in 0in 0pt; tab-stops: list .5in" class="MsoNormal"><span style="font-family: Calibri">How many projects typically run concurrently?</span></li>
<li style="margin: 0in 0in 0pt; tab-stops: list .5in" class="MsoNormal"><span style="font-family: Calibri">How complex are our projects – do they span days, weeks or months? How many business units are involved in each project?</span></li>
<li style="margin: 0in 0in 0pt; tab-stops: list .5in" class="MsoNormal"><span style="font-family: Calibri">What is the corporate culture and appetite for structure?<span>  </span></span></li>
</ol>
<p><span style="font-family: Calibri"></span><span style="font-family: Calibri">Once you assess your needs closely and as objectively as possible, you can get back to researching the solutions.<span>  </span>Ask your Project Managers for guidance or approach a professional to guide you through the process.<span>  </span>Aim small to start; focus on quick wins and plan for a gradual and orderly progression in project and PMO maturity. </span><span style="font-family: Calibri"> </span></p>
<p style="margin: 0in 0in 0pt" class="MsoNormal"><span style="font-family: Calibri">The next blog(s) will build on this process. Bookmark this site and come back often for help with building your PMO. Feel free to leave comments / questions if you have specific questions about choosing your PMO structure.</span></p>
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		<title>PMO and the Triple Constraint</title>
		<link>http://virtualprojectservices.com/2009/11/26/7/</link>
		<comments>http://virtualprojectservices.com/2009/11/26/7/#comments</comments>
		<pubDate>Thu, 26 Nov 2009 14:41:30 +0000</pubDate>
		<dc:creator>Carol Glover</dc:creator>
		
		<category><![CDATA[Challenges]]></category>

		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://virtualprojectservices.com/2009/11/26/7/</guid>
		<description><![CDATA[PMO and the Triple Constraint If you are reading this BLOG, you probably know about the triple constraint in project management.  Scope, time and cost are the three elements of the triple constraint; you cannot change one without affecting the others.   I was going to add some statistics here to show how PMO has proven its [...]]]></description>
			<content:encoded><![CDATA[<p><span style="font-family: Calibri">PMO and the Triple Constraint</span><span style="font-family: Calibri"> </span><span style="font-family: Calibri"><span style="font-family: Calibri">If you are reading this BLOG, you probably know about the triple constraint in project management.<span>  </span>Scope, time and cost are the three elements of the triple constraint; you cannot change one without affecting the others.<span>  </span></span><span style="font-family: Calibri"> </span></span><span style="font-family: Calibri"><span style="font-family: Calibri">I was going to add some statistics here to show how PMO has proven its ability to improve project success but I wasn’t able to find any I could really hang my hat on.<span>  </span>I can only guess that this is because if you don’t have a PMO, you probably don’t keep track of your successes, shortcomings and outright failures.<span>  </span>Doesn’t this alone prove my point?<span>  </span>Should I just stop the blog here?<span>  </span>Of course not!</span><span style="font-family: Calibri"> </span></p>
<p></span><span style="font-family: Calibri"></span><span style="font-family: Calibri"><span style="font-family: Calibri">PMO and Scope Management:</span><span style="font-family: Calibri"><span>  </span></span></span><span style="font-family: Calibri">The PMO provides processes and templates to capture project goals and scope as well as any related assumptions, constraints, dependencies and risks. Using these templates and standards results in a consistent processes setting a project baseline to which scope changes are managed.<span>  </span>The outcome and benefit is a predictable scope management practice that all levels of the organization or project team can count on and informed decisions are based on.<span>  </span>The PMO regularly reviews the scope management process and adjust it as the organization’s project maturity evolves.<span>  </span></span><span style="font-family: Calibri"> </span></p>
<p><span style="font-family: Calibri">PMO and Time Management:</span><span style="font-family: Calibri">  </span><span style="font-family: Calibri"><span style="font-family: Calibri">The use of repeatable processes and reusable tools saves time during all project phases.<span>  </span>Time is most noticeably saved during the initiation and planning phases of a project because you don’t have to reinvent the entire process from scratch.<span>  </span>You establish a familiar thought process that you know works; you don’t have to think about “how”, you can get into productive mode right away.<span>  </span></span><span style="font-family: Calibri"> </span></span><span style="font-family: Calibri"><span style="font-family: Calibri">The PMO also contributes to effective time management through centralized resource management and access to historical data. PMO provides the necessary information and processes to produce better estimates in the planning phase. The PMO can aid in more effective resource selection and distribution through consultation or provision of skilled team members.<span>   </span></span><span style="font-family: Calibri"> </span></p>
<p></span><span style="font-family: Calibri"></span><span style="font-family: Calibri"><span style="font-family: Calibri">PMO and Cost Management:</span><span style="font-family: Calibri">  </span></span><span style="font-family: Calibri">Tools, processes and templates provided by the PMO clearly contribute to cost savings. The PMO is in place to streamline the project lifecycle, affect rework as well as to remove redundancy and roadblocks.<span>  </span>The relationship to cost savings should be obvious: Time = Money.<span>  </span>The PMO, as warehouse for historical information contributes to cost management by enabling more accurate cost estimates during the initiation and planning phases.<span>  </span>Tracking tools provided by the PMO make sure that costs are tracked and controlled over the course of the project.<span>  </span></span><span style="font-family: Calibri"> </span><span style="font-family: Calibri"><span style="font-family: Calibri">In summary, the PMO helps manage the triple constraint by providing a communication highway. Establishing a predictable flow of communication gives the entire organization a sense of confidence in the project process.<span>  </span>Stakeholders are more comfortable with backing a project when they know what they can expect along the way.<span>  </span>Relationships are easier to maintain when everyone understands their role, responsibilities and reporting structure. <span> </span></span><span style="font-family: Calibri"> </span></span><span style="font-family: Calibri"> </span></p>
<p><span style="font-family: Calibri"></span><span style="font-family: Calibri">The PMO delivers consistent management of the triple constraint through the provision of quality data, tools and processes. This nearly guarantees repeatable, successful project delivery.</span><span style="font-family: Calibri"> </span><span style="font-family: Calibri"> </span></p>
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		<title>PMO and the Project Management Maturity Model</title>
		<link>http://virtualprojectservices.com/2009/11/24/pmo-and-the-project-management-maturity-model/</link>
		<comments>http://virtualprojectservices.com/2009/11/24/pmo-and-the-project-management-maturity-model/#comments</comments>
		<pubDate>Tue, 24 Nov 2009 16:35:38 +0000</pubDate>
		<dc:creator>Carol Glover</dc:creator>
		
		<category><![CDATA[PMO Set-up]]></category>

		<guid isPermaLink="false">http://virtualprojectservices.com/2009/11/24/pmo-and-the-project-management-maturity-model/</guid>
		<description><![CDATA[Yesterday I was reading about Project Management Maturity Models. While there are many versions of the maturity model, they generally show a progression from unstructured project work &#62; standardizing language and process &#62; managing and measuring processes &#62; sustaining and optimizing the project framework. 
As I read I began to wonder how a Project Management Office [...]]]></description>
			<content:encoded><![CDATA[<p><span style="font-family: Calibri"></span><span style="font-family: Calibri">Yesterday I was reading about Project Management Maturity Models. While there are many versions of the maturity model, they generally show a progression from unstructured project work &gt; standardizing language and process &gt; managing and measuring processes &gt; sustaining and optimizing the project framework.</span><span style="font-family: Calibri"> </p>
<p></span><span style="font-family: Calibri">As I read I began to wonder how a Project Management Office contributes to the maturity model and vice versa.<span>  </span>I decided to ask my associate, Sasha Lomas for some clarification on this since she has extensive experience in this area. The biggest question on my mind: what comes first, the PMO or maturity? Sasha guided me toward the following answers.<span>  </span></span><span style="font-family: Calibri"> </p>
<p></span><span style="font-family: Calibri">One of the main reasons for establishing a PMO is to guide the maturity process.<span>  </span>Once the business has a fair understanding of how they currently manage projects and has a genuine desire to improve project performance, the PMO can be introduced.<span>  </span>There is no prerequisite for a company to have existing standard processes, only the desire to have them is required. </span><span style="font-family: Calibri"> </p>
<p></span><span style="font-family: Calibri">The PMO becomes the catalyst for standardizing project processes and administration. During the setup phase, the PMO group works closely with management and other business levels to devise the processes and templates.<span>  </span>From there the PMO guides the execution of projects and enhances the system with the goal of optimizing project performance.<span>  </span></span><span style="font-family: Calibri"> </p>
<p></span><span style="font-family: Calibri">Sasha sums it up best. “PM Maturity starts by standardizing the project management processes and then monitoring, tracking and ensuring compliance to the defined processes. Supporting PMO would be the first step towards achieving PM Maturity since someone needs to ensure that the processes are followed, that people understand what they are and how to apply them in a timely fashion.” <span> </span></span><span style="font-family: Calibri"> </p>
<p></span><span style="font-family: Calibri">Establishing a PMO provides a centralized location for project related data. This then leads to informed decision making for upper management. It raises the awareness of project health and monitors the effectiveness of established processes. <span> </span>Consistently applied processes and controlled change management increase project success rates and directly impact customer satisfaction.<span>   </span></span><span style="font-family: Calibri"> </p>
<p></span><span style="font-family: Calibri">The establishment of a PMO can accelerate the maturation of project methodologies but the desire to improve your project framework must come first.<span>   </span></span><span style="font-family: Calibri"> </p>
<p></span><span style="font-family: Calibri"><span> </span></span></p>
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		<title>Virtual PMO Concept</title>
		<link>http://virtualprojectservices.com/2009/11/20/virtual-pmo-concept/</link>
		<comments>http://virtualprojectservices.com/2009/11/20/virtual-pmo-concept/#comments</comments>
		<pubDate>Fri, 20 Nov 2009 02:25:11 +0000</pubDate>
		<dc:creator>Carol Glover</dc:creator>
		
		<category><![CDATA[Virtual PMO]]></category>

		<guid isPermaLink="false">http://virtualprojectservices.com/2009/11/20/virtual-pmo-concept/</guid>
		<description><![CDATA[Many organizations believe in the concept of the Project Management Office but find it difficult to imagine in their situation.  Offshore resourcing, telecommuting and budget restrictions have sparked the creation of Virtual Teams. The term PMO brings to mind a central location; how can that be possible in a virtual world? The original PMO was [...]]]></description>
			<content:encoded><![CDATA[<p>Many organizations believe in the concept of the Project Management Office but find it difficult to imagine in their situation.  Offshore resourcing, telecommuting and budget restrictions have sparked the creation of Virtual Teams. The term PMO brings to mind a central location; how can that be possible in a virtual world? The original PMO was organized as a largely administrative function. Small and medium sized businesses likely don’t have the project volume or complexity to warrant full time resource dedication to “project administration”.  Large companies can also be faced with this notion depending on which stage of operation they are in (growth or maintenance). </p>
<p>First, we need to rethink the function of the Project Management Office.  Originally it was simply a repository for documentation and a facilitator for analytical functions.  The PMO has evolved into a business strategy, resource management and knowledge distribution centre.  Today, the PMO has strong connections to the finance department and corporate executive; it supports and defends corporate goals and principles.  </p>
<p>If you consider the new PMO model it is easier to imagine how it can work in any modern organization. Here’s how:  </p>
<ul>
<li>Requires smaller staff for administration and operations</li>
<li>Leverages existing cross-functional and virtual teams</li>
<li>Develops and reviews project standards, tools and templates</li>
<li>Supports project startup process and is able to expand as needed to support major projects.</li>
<li>Centralizes tracking and reporting functions, ensures information gets to the right people with the right level of detail in a consistent format.</li>
<li>Has visibility at project, program and portfolio levels to ensure the right work is done – at the right time.</li>
<li>Oversight allows for faster issue, risk and redundancy identification.  </li>
</ul>
<p>To make the Virtual PMO concept work you must start with the following 3 things:</p>
<ol>
<li>Executive support and Management involvement – words are not enough, all levels of the organization must see this in practice consistently.</li>
<li>Structural Support - Regular communication keeps the group engaged. Goals and policies must be published and regularly communicated to ensure the virtual group remains focused. Meetings must be structured and effective to ward of complacency and to maintain authority/respect.</li>
<li>Technical Support - Invest in collaboration tools to facilitate information gathering and sharing. Use social media and collaborative communications (online meetings) for fast, effective communication.  </li>
</ol>
<p>A PMO, virtual or actual, can now be leveraged by any company to make projects more efficient and far less painful.  Cost efficiencies from a Virtual PMO setup are quickly realized through reduced project cycle time, reduced resource overhead and increased ability to provide more accurate project estimates. Who doesn’t need that?  </p>
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		<title>Hello world!</title>
		<link>http://virtualprojectservices.com/2009/11/18/hello-world/</link>
		<comments>http://virtualprojectservices.com/2009/11/18/hello-world/#comments</comments>
		<pubDate>Wed, 18 Nov 2009 23:33:13 +0000</pubDate>
		<dc:creator>Sasha Lomas</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

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		<description><![CDATA[Welcome to WordPress. This is your first post. Edit or delete it, then start blogging!
]]></description>
			<content:encoded><![CDATA[<p>Welcome to WordPress. This is your first post. Edit or delete it, then start blogging!</p>
]]></content:encoded>
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