Program and Project Management
PMO Accountability - Facilitating and providing transparency to all projects with a gated process that typically has two complementary, but distinct stages – Funnel and Pipeline
Managing the Funnel – Portfolio Planning & Analysis
Primary Objective – Provide a repeatable framework to ensure that the company is focused on the right set of projects.• Typically executed in alignment with the annual budgeting process for the next fiscal year
Inputs:
- Business & Risk Strategy Documents
- High Level Financial Whitepapers/Business Case Documents
- Audits and Compliance Commitments
- Resource Allocation Map
Outputs:
- Capital Spend Paper
- Approval of projects for the subsequent fiscal year
- Establishment of P&L centers for each project
- Project & Staffing Calendar
Managing the Pipeline – Early Warning System
Primary Objective – Continuous reduction of execution risk by monitoring the scope, timeline and budget using well defined stage gates
Inputs:
- Project Budgets & P&L accounts
- Allocated Resources
- Project & Staffing Calendar
Outputs:
- Visual Representation of project status through Dashboards, Alerts, Gauges and Reports
- Common project status reports, focused on deliverables and risks
- Integrated with the Systems Delivery Life-cycle (SDLC) for the company
- Periodic financial reviews and audits
