Some value engineering initiatives can garner 100% return on investment which are incredibly attractive to public institutions dependent on bond issues to fund capital renewal or investment. The savings are often relied on to compensated for changes in construction prices, upgrade design finishes, add features, expand program scope all without having to increase the bond limit. These funds may show up as renewable energy systems, better playground equipment, safety and security measures, technology, environmental systems…. truly items that make for better schools. However, bond money cannot be invested into the chronically under-funded follow-on operations and preservation of facilities over their remaining 35 plus years.
This is a discussion is a look at the asset creation initiatives that should be considered to optimize facilities and portfolios over their entire lifecycles consistent with the owner’s requirements.
PMI Talent Triangle: Strategic and Business Management
Based upon lessons learned and best practices, discuss what to do (and not to do) in building and more importantly maintaining an impactful PMO. A focus of the discussion will be on how to better position your PMO to be considered a strategic, respected and value-added partner.
I will illustrate examples of best practices and lessons learned from my experience managing a PMO with numerous internal and external customers, many of which did not understand our role and mission.
I will explore what it takes to develop and sustain an impactful PMO in a resource constrained environment where often times the PMO is considered an impediment to achieving the intended mission. I will also discuss what steps are needed to harden your PMO to be better positioned to provide sustained support that is recognized and respected by the project owners.
I will provide key take-aways that can be utilized immediately to help ensure PMOs develop the requisite business model to enable them to be considered an impactful strategic business partner.
PMI Talent Triangle: Leadership
