PMO Implementation

When establishing a PMO, it is important to understand how the organization is currently performing and the desired target state. FSC provides the Audit Committee an assessment to provide you with a framework for project risk, program risk and portfolio risk. 

We institute common PMO functions to provide you with additional transparency:

  • Project and Program Corporate Governance.

  • Performance and Financial Management.

  • Risk, Issue and Scope Management.

  • Communications Management.

 

FSC provides these functions in detail to your team.  These functions can be applied at program, program and portfolio level depending on the organizational need.  By examining the day to day execution of the projects in the organization, a PMO can identify opportunities in project initiation, governance reviews, project portfolio planning, PM training, knowledge sharing and status reporting.

Once you have your list of gaps, we provide an agreed list of the recommendations to help close those gaps. Some recommendations could include:

  • Provide governance and better decision making through gate reviews to mitigate financial and reporting risk.

  • Track program and project progress and identify risks to the C-level leaders.

  • Provide resource management by analyzing resource requests and commitments for projects initiating and executing in the portfolio.

  • Consult and mentor new PMs on project management processes.

  • Build an implementation plan.

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