LovePS is your PMO
You don’t just want projects, you want successful projects. As a new company starting out, you need a good project manager but can’t always afford experts. LovePS understands all of the factors that contribute project success and will work with you using the processes and tools best suited to your organization.
As your Project Management Office (PMO), we will:
- Develop your Project Management methodology with processes and procedures appropriate to your business and culture.
- Identify and implement Project Management Information System (PMIS) technology that works for you.
- Manage your Projects, Programs, and Portfolios when you need more expertise or additional resources.
- Provide mentorship and guidance for your Project, Program, and Portfolio Managers.
- Transition our activities to your staff once you are big enough for an in-house PMO.
“Project: A temporary endeavor undertaken to create a unique product, service, or result.”
Organizations handle projects in a variety of ways – many of which are unsuccessful. We believe in methodologies to ensure project success, such as those that the Project Management Institute (PMI) describes in their Project Management Body of Knowledge (PMBOK). We also believe that there is no “one size fits all” solution that works for every company.
As your PMO, we will help you to identify the sections of the best practices that are important you, to adapt those that might not fit as well, and to plan for the evolution of your methodology.
“Program: A group of related projects, subprograms, and program activities managed in a coordinated way to obtain benefits not available from managing them individually.”
You walk around your office and everyone looks busy, but what are they actually doing? Are they working on the right projects first, or just the easy ones? A program manager can coordinate your shared or “drum” resources, minimizing the effect of projects on each other.
As your PMO, we will help you to group your projects into meaningful programs and to prioritize projects when resource conflicts arise. We will monitor how scheduling changes in one project will affect the other projects in the program, providing more insight into the true cost of changes. We will show you where those resource hours really go.
“Portfolio: Projects, programs, subportfolios, and operations managed as a group to achieve strategic objectives.”
How do you decide which projects to undertake? Do you find yourself wondering whether you could have made more money, had you worked with a different client? Do you ever ask yourself whether your organization can actually close out a project? Portfolio managers oversee the business side of your projects, looking at how well you perform as an organization and what you can do to become more profitable.
As your PMO, we will identify metrics for comparing projects that are relevant to your organization. We will help you to choose the most profitable projects and show you how to monitor projects against forecasts to identify when a project is in trouble.
Written by Stacey