How does a project portfolio office go about answering the question of what value does the portfolio provide the organization? There are bunches of obstacles to creating and maintaining a set of projects that can deliver the most benefits to the enterprise.

Project Management Portfolio Office Challenges:

- Chaos in the external environment

- Clashes in the executive suite

- Competency in the portfolio office

Portfolio offices are staffed by senior project management professionals assisting business leaders in steering the funding of the organization to respond to the chaos in the external environment, politics and personalities in the C-suite, and they may not be prepared to understand the details of the content of the projects or the mechanics of portfolio data analysis. Whew.

We can help by understanding business needs, ensuring those needs are included in the business case for portfolio selection, and creating forums for portfolio alignment. Yup – I’ve done these things.

But what is really the answer to surviving a job in a project management portfolio office? I believe that in large part it is a focus on outcome management. This is a phrase coined by my peer in the industry, Russ McDowell. We need to help an organization identify the key measurements that drive the health of the organization. Next, we identify how projects support improvement of those metrics.

What are the key outcomes your organization needs to manage? Vote Now! Enter your vote below:

Copyright 2009 PM Perspectives LLC Rosemary Hossenlopp PMP

Thanks for your interest in writing a chapter in the premiere organization project management (OPM) book.

We need key project management professionals to write on issues that matter to senior leadership.

What will you get from being an author on this ground-breaking organizational project management book?

- Access to OPM author speed research teleseminar
- Access to OPM author writing to a C-Level audience teleseminar
- 5-10 minute Audio Interview professionally edited for use on your web sites or blogs
- 30 minute Audio Interview professionally edited for use on your web sites, blogs or for DVD sale
- Access to a project management consultant marketing boot camp Webinar series
- Peer review of chapter
- Professionally edited chapter
- Global availability of books through Amazon
- Significantly discounted case pricing of books for use in their classes and consulting practices

We look forward to working with you.

Click below to download the handout for the July 23 Conference Call on OPM Book Project

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