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Businesses’ new dynamic duo: Chief Transformation Officer and Project Management Office
The modern project manager and CTOs have the potential to emerge as a dynamic duo at a time when organizations need a hero.
In today's business landscape, flexibility and resilience are crucial for success, particularly when it comes to project portfolios that drive organizational change. Within project management offices (PMOs), the ability to adapt and evolve is essential.
With the support of a PMO Managed Services provider, organizations can achieve these goals by enhancing their assessment, mobilization, implementation and operation of a project, program or portfolio management office.
Determine the effectiveness of your PMO by taking our brief PMO Maturity Assessment. Discover critical insights into your current state, maturity level, pain points and growth opportunities. Learn how to accelerate your organization's success and unlock its full potential. Our managed services can help guide you toward enhanced performance and efficiency.
Blending structure and flexibility to suit your organization’s taste.
In our “new normal” of constant change and transformation, a business’s survival hinges on its ability to transform. The COVID-19 pandemic has intensified this – the ability to stop, pivot, restart and move on is more important than ever. While this is true for business at large, it is especially true for the projects that underpin and drive organizational change. The ability to create and deliver a portfolio of projects in an agile way is now an imperative and companies want to understand how to organize around this and invest in the people and technology required for success.
Our research has highlighted three essential ingredients to consider bringing together when developing your organization’s strategy for project management:
As one of our interviewees, a Finance Program Manager at a global technology firm, says “we need rigor in our approach, to enable the flexibility and quick thinking to assess, pick up and drop projects as necessary. It’s so important to think tactically about projects – more than ever before.”
“We know that managing change initiatives is different than managing a capital project, in terms of the speed and cycles you need to go through - if you place concrete in a capital project, you’re not going to easily pivot away from that action. When it comes to organizational change, we need different management processes to help us work together and prototype to get our outcomes much faster.”
The modern project manager and CTOs have the potential to emerge as a dynamic duo at a time when organizations need a hero.
PMOs that recognize the strategic value of projects and modernize their approach to project management are gaining a distinct marketplace advantage.