Wednesday, 29 April 2009

PMO Priorities in an Economic Downturn

In the midst of the cut backs and changing priorities, many firms restructure the IT department to get more value creates strain on the PMO.  

How can the PMO maintain continuity and add value?

Key processes on whcih to focus to maintain the balance include

- Objectively measuring the Business Impacts and Benefits
- Requirements collection
- Estimation
- Scope, schedule, cost
- RAIDS and interdepencies between projects

I recommend listening to the podcast from Enterprise Leadership ( Accelerating IT Initiative Despite Tough Economy - Tim Shaefer, Northwestern Mutual’s CIO

Tim relates three investment initiatives which are driving them forward.  He also relates their governance model and staffing strategy.  Many fascinating insights. Well worth a listen.

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