
Explore the PMO value ring mindset by prioritizing stakeholder needs, encouraging reevaluation and reinvention, and delivering tangible and perceived value through service catalog decisions and KPI-driven functions.
Explore the PMO's role in delivering value through stakeholder alignment, professional competencies, the eight-step value ring framework, and benchmarking, while balancing methodologies and tools for success.
Balance the mix of functions and benefits within the BMO framework by analyzing current functions, aligning with stakeholder expectations, and forecasting short, medium, and long-term value generation.
Explore the BMO maturity cube and its self-assessment process to identify strengths and gaps. Set target maturity for strategic, tactical, and operational PMO functions, and improve delivery performance.
This course will help you understand the PMO Value Ring Methodology and pass PMO-CP exam easily.
PMO Value Ring methodology 8 steps are as the followings:
Step 1 - Define the Functions of the PMO.
Step 2 - Balance the Mix of Functions of the PMO.
Step 3 - Define the PMO Processes.
Step 4 - Define the PMO KPIS.
Step 5 - Define Headcount and PMO Competencies.
Step 6 - Identify the PMO Maturity and Plan Its Evolution.
Step 7 - Calculate PMO ROI.
Step 8 - Monitor the Strategic Performance of the PMO.
The Most Practical and Widely Adopted PMO Methodology in the World.
Project Managers who want to expand their understanding of PMO functions and align projects with organizational strategy.
Directors looking to establish or refine the PMO’s role within their business.
Portfolio, Program, and Project Office Managers who aim to standardize project practices and improve project success rates.
Project or Program Office Support Staff and Project Managers seeking to enhance their skills in PMO operations.
PMO Heads, Managers, Directors, and Staff responsible for managing or working within the PMO.
Professionals developing or planning to develop a PMO as a means of delivering strategic value.
Anyone looking to build a career in the Project Management Office, gaining skills that are highly valued in project-driven organizations.
This course equips learners with the tools to implement the PMO Value Ring methodology effectively and enhances their career prospects in project management and PMO roles.