PMO (Project Management Office)

In this week's podcast, Ricardo talks about the future of PMOs in an AI-dominated world. He explores the fundamental question: Can Project Management Offices (PMOs) stay relevant in the age of AI? AI will change the work we all do inside PMOs. AI could take over tasks like making reports or sorting out data. But Ricardo sees a bright side.

Informal discussion with PMO Global Alliance and PMU (Bridge Conference) about the future of project management and their case study featured on the book PM Next Generation, published by Wiley.

Ricardo Vargas, in partnership with Dr. Harold Kerzner and Dr. Al Zeitoun his new publication: Project Management Next Generation: The Pillars for Organizational Excellence. In the book, a team of world-renowned project management leaders delivers an expert discussion on project management implementation in organizations of all kinds.

The book explores 10 pillars of project management that will be critical for companies in the coming decade. It offers contributions from industry changemakers and thought leaders that provide the perfect balance between practical experience across a variety of programs, projects, and transformation initiatives.

This project takes a deep dive into the current state of project management and identifies key areas for improvement. It discusses five key areas where blockchain technology can improve project management including storing of digital records, exchanging digital assets, reinforcing and verifying proper stakeholder behavior, building reputation systems, and executing smart contracts. It presents case studies of enterprises that are currently deploying blockchain to improve project management, including which activities are suitable (or not suitable).

In this episode, Ricardo comments on the Pulse of Profession® 2017 , an annual report published by the Project Management Institute (PMI). About 4,000 professionals worldwide were interviewed and one of the key indicators reported is that financial waste on unsuccessful projects has dropped by around 20%; Until last yet, it was about USD 122 million lost for every billion invested. This year, the value dropped to 97 million.

Through PMO case studies from high-performing PMOs, operating within major enterprises, this book both explains and illustrates the practical implementation of PMO principles and theory.

In this podcast, directly from the PMO Symposium 2013 in San Diego, Ricardo makes a brief summary of his perceptions about the main themes of the event, and comments the keynotes by Robert Kaplan (one of the creators of the Balanced Score Card - BSC) who spoke about the strategic position of the PMO, and Daniel Pink, on influence. He also comments on the winning of PMO of the Year Award.

In this podcast, Ricardo talks about the PMI Global Congress 2013 which took place in New Orleans, Louisiana, USA. He makes a brief summary of his perceptions of the key topics of the event, such as, how the project manager can practice and improve his, or her, leadership and influence skills. Ricardo also talks about the importance of participating in the PMI Global Congress, especially for the great opportunities for learning and networking.

The objective of this paper is to present, discuss and apply a mathematical model based on the use of Monte Carlo simulation in conjunction with researches on project success/failure rates of projects to develop a 10 step model to calculate the mathematical return on investment (ROI) for the Project Office implementation.

The objective of this paper is to present, discuss and apply a mathematical model based on the use of Monte Carlo simulation in conjunction with researches on project success/failure rates of projects to develop a 10 step model to calculate the mathematical return on investment (ROI) for the Project Office implementation.

In this podcast, Ricardo shares his understanding about the organization's hierarchy and the project manager. He also explains the differences between the role of the project manager and the role of the project office.

In this podcast, Ricardo continues to talk about his study to create a mathematical model to calculate the Return on Investment (ROI) of a Project Management Office (PMO). Remember to first download the reference material, the Processes Flow and the Report, in the website's downloads area.

In this podcast, Ricardo talks about his study to create a mathematical model to calculate the Return on Investment (ROI) of a Project Management Office (PMO). How to calculate the result of all projects, even those from areas like Human Resources and Marketing? Ricardo explains how it can be done.

This example report is part of the paper “ Determining the Mathematical ROI of a Project Management Office (PMO) Implementation ”.