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| AUTHOR: | Gerald I. Kendall, Steven C. Rollins |
| CATEGORY: | Book |
| MANUFACTURER: | J. Ross Publishing |
| ISBN: | 1932159029 |
| TYPE: | Business / Economics / Finance, Business/Economics, Project Management, Strategic planning |
| MEDIA: | Hardcover |
| # OF MEDIA: | 1 |
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Customer Reviews of Advanced Project Portfolio Management and the PMO: Multiplying ROI at Warp Speed
Implementing a PMO Overall a good book, with lots of good advice for those starting or improving a PMO. <
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>However it got a bit hung up in the necesity of directly adding value to every project, e.g. by reducing cyckle time and increaing throughput. My organization cleary sees the value of implementing a PMO, but does not necesarily want to change our whole approach to Project Management. <
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>Still, not a bad read...
A must-read for project-based organizations
A very complete book on the subject of project management offices (PMO). It presents a complete and practical how-to guide to selling, establishing, running, and controlling PMOs in organizations, with a constant eye on the business value (ROI).
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>The section on strategic planning was an eye opener for me in terms of the value that a PMO can bring to the organization in supporting the selection of the `right' projects, i.e. a well balanced project mix that maximizes the return on investment of the portfolio. It is my experience that few organizations think in those terms and it often results in project selections being made based on the clout of their `champions' or by simply jumping from emergency to emergency, strategic projects becoming more the exception than the rule, with the negative bottom line impacts that it implies. Obviously there lies also the greatest challenge of the PMOs given that they have to carve a role for themselves in the high spheres of management where those decisions are made. They also need to instill in management the rigor of project selection, above and beyond mere intuition or customer pressures. This is truly where the strategic value of the PMO is.
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>Another compelling aspect of the book is the incorporation of the principles of the theory of constraints (TOC). For the organizations that are interested in reaping the benefits of critical chain project management (CCPM) for instance and applying TOC to maximize project flow in their organization, this is a plus. This is one of the rare books that addresses PMO in the context of TOC. The readers should quickly be able to envision the bottom line impact that an efficient and strategic PMO (at the portfolio level) combined with the well documented results of CCPM implementations at the project level could have in their organizations.
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how to make your projects work for your business
This book is great.
It provides a comprehensive, step by step approach to project management.
It gave us some outstanding tips and insights that enabled our projects to deliver more with less and have greater impact on our business. Reading this book provided us with a robust governance structure, tools, processes and frameworks which followed through to the bottom line. The benefit of implementing the concepts of this book blew us away.
It is a must read for project managers and project management executives.