Secondly, with so many inter-linked initiatives and scope, projects and major transformations can start to feel like a never-ending, continuous change process for the wider business. This has a twofold benefit firstly, it helps keep their stakeholders motivated and keep in mind why each action and initiative is a priority. Project professionals also need to be able to communicate effectively, and articulate how projects further the organization’s strategic goals to their colleagues. To accomplish this, organizations must be prepared to make shifts in their project portfolio capabilities.īy working with a PMO Managed Services provider, organizations can realize these outcomes by improving how they assess, mobilize, implement and run a Project, Program or Portfolio Management office.Ī firm understanding of the big picture - and the people who can communicate it
The survey results give us a place to start exploring what PMOs need to drive genuine business value in an ever-changing business climate. Many US PMOs currently track these key business strategy metrics with customer satisfaction (59%) at the highest, followed by risk management indicators (41%), alignment to the wider organizational strategy and KPIs (41%), and regulatory compliance indicators (40%). In 2021 PwC and PMI conducted a global survey of project managers and senior leadership to examine high impact organizations' approach to project management and the PMO, and report on the actions that will help organizations use projects effectively to drive success.
Within project management offices (PMOs), the ability to adapt and evolve is critical. Flexibility and resilience have never been more important for businesses - especially true for the project portfolios that drive organizational change.
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