PMI’s Program Management Office (PMO Symposium): Asking Tough Questions, Identifying Solutions
+1 610-356-4600 x1092
Megan Maguire Kelly
+1 610-356-4600 x7030
LAS VEGAS, Nevada, 13 November 2012 – At the PMO Symposium, which kicked off this week in Las Vegas, NV, more than 600 of the profession’s top project, program and portfolio leaders are meeting to discuss the challenges of PMOs and learn how to take them the next level for improved performance and business outcomes. According to Project Management Institute (PMI) president and CEO Mark A. Langley, organizations can improve the effectiveness of their PMOs through the following actions:
Create a PMO that leads and enables, not one that simply manages. This includes well-defined roles and responsibilities, a clear reporting structure, strong executive support, an open view of the portfolio across the organization, organizational agility and defined benefits realization. Organizations must elevate the project, program and portfolio management discussion to a strategic level in order to be most effective.
Develop a portfolio of project executives who lead business strategy and organizational change. These executives can be the business leaders of the future-- those who will connect the performance of the PMO to achieving the organization’s strategic objectives.
In keeping with this charge for creating strategic and leadership-based PMOs, Langley announced the PMO Thought Leadership Series, a groundbreaking seminal research initiative that will provide insight and guidance to PMO success, including trends, best practices and key performance indicators that measure PMO success. The research, which will take place over the course of the next year, will explore PMOs in the context of organizational project management, business operations and corporate strategy. The results will be shared at the 2013 PMO Symposium in San Diego, CA.
“In today’s economy, every company and organization is struggling to do more with less, and performance is paramount. This is true for public and private sector entities,” said Mark A. Langley, president and CEO of PMI. “PMOs deliver the most value when they are strategically aligned and can enable competitive advantage without losing sight of project and organizational objectives.”
About Project Management Institute (PMI)
PMI is one of the world's largest not-for-profit membership associations for the project management profession, with more than 650,000 members and credential holders in more than 185 countries. As a global thought leader and knowledge resource, PMI advances the profession through its global standards and credentials, collaborative chapters and virtual communities and academic research. When organizations invest in project management, supported by PMI, executives have confidence that their important initiatives will deliver expected results, greater business value and competitive advantage. Visit us at www.PMI.org, www.facebook.com/PMInstitute and on Twitter @PMInstitute.