PJM580 Project Management- Organization Adopting PMO
Answer
Project Management Office
PMO and Adoption of Project Management Methodology
Better Decision Making: PMO can be helpful in ensuring a collaborative decision making for the organization in fruitful, much easier, and effective manner.
Minimize risk: This could ensure that the level of risks within the project will be maintained at low level and eliminate them at the early stage of the project.
Maximize resources: It makes sure that the human resources related to the efficiency and control will be maximized (Kerzner, 2017).
Prove the value to stakeholders: It is much valuable for the important stakeholders those are related to the activities vital for them in the project.
Enable repeatable success: It considered the future success of the organization not only the present success.
Organization Adopting PMO
Wegmans Food Markets can implement PMO in manner to manage the 47,000 employees and revenue of $ 8.3 billion considering the future success of the organization.
Project Management Methodology
Waterfall methodology is one of the oldest methodology and mainstream for the various organizations for years. PMO should follow waterfall methodology, as it is a sequence of milestones and activities including the static phases such as design, requirement analysis, testing, maintenance, and implementation (Turner, 2016). These activities should be executed in specific order. This methodology is very less complex and focuses on the completion of each step for the execution of the next step. This will help in capturing the needed or necessary requirements for the project and reduce the chances of losing requirements and key information at the initial stage of the project.
References
Kerzner, H. (2017). Project management metrics, KPIs, and dashboards: a guide to measuring and monitoring project performance. John Wiley & Sons.
Turner, R. (2016). Gower handbook of project management. Routledge.
Answer
Project Management Office
PMO and Adoption of Project Management Methodology
Better Decision Making: PMO can be helpful in ensuring a collaborative decision making for the organization in fruitful, much easier, and effective manner.
Minimize risk: This could ensure that the level of risks within the project will be maintained at low level and eliminate them at the early stage of the project.
Maximize resources: It makes sure that the human resources related to the efficiency and control will be maximized (Kerzner, 2017).
Prove the value to stakeholders: It is much valuable for the important stakeholders those are related to the activities vital for them in the project.
Enable repeatable success: It considered the future success of the organization not only the present success.
Organization Adopting PMO
Wegmans Food Markets can implement PMO in manner to manage the 47,000 employees and revenue of $ 8.3 billion considering the future success of the organization.
Project Management Methodology
Waterfall methodology is one of the oldest methodology and mainstream for the various organizations for years. PMO should follow waterfall methodology, as it is a sequence of milestones and activities including the static phases such as design, requirement analysis, testing, maintenance, and implementation (Turner, 2016). These activities should be executed in specific order. This methodology is very less complex and focuses on the completion of each step for the execution of the next step. This will help in capturing the needed or necessary requirements for the project and reduce the chances of losing requirements and key information at the initial stage of the project.
References
Kerzner, H. (2017). Project management metrics, KPIs, and dashboards: a guide to measuring and monitoring project performance. John Wiley & Sons.
Turner, R. (2016). Gower handbook of project management. Routledge.
