Aligning Expectations & Functions Flashcards

1
Q

How many potential benefits does PMO-CP provide?

A

30

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2
Q

How many potential PMO functions does the PMOVR provide?

A

26

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3
Q

Why does “benchmarking” not fit the PMO model?

A

Because benchmarking is not suited for factors that can have very different behaviors, and every PMO is different because of its stakeholder needs.

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4
Q

What is the PMOVR based in?

A

“Collective intelligence”

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5
Q

How was the virtual community of PMO practices (VCoP - Virtual Community of Practice) formed?

A

By individuals and not by organizations

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6
Q

What are the eight steps of of the PMOVR?

A
  1. Define PMO Functions
  2. Balance the mix of Functions
  3. Establish PMO processes
  4. Define PMO KPIs
  5. Define PMO headcount and competencies
  6. Identify the PMO’s maturity and plan its evolution
  7. Calculate PMO ROI
  8. Monitor the PMOs strategic performance
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7
Q

The PMO Mix manager addresses the of challenge with defining the PMO priority functions, considering the expectation of benefits from its customers.

True or false?

A

True

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8
Q

The potential functions of a PMO are organized in a way that…

A

Provides a representation of which functions have the potential to most contribute to the benefits expected by PMO clients, with the highest benefits mapping at the top of the list.

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9
Q

The primary difference between Customer Satisfaction and Customer perceived Value is…

A

That customer satisfaction is usually accepted as one dimensional while perception of value is multi-dimensional.

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10
Q

The perceived value is seen as…

A

The balance of the benefits received by the stakeholders in relation to the total “cost” to get them.

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11
Q

PMO stakeholders will intuitively compare…

A

Perceived benefits with their expectations and their personal efforts to obtain them.

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12
Q

PMOs with excessive focus on short-term functions may…

A

Not address the organization’s real problems.

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13
Q

PMOs that focus excessively on long-term functions…

A

Do not survive long enough to demonstrate their value.

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14
Q

The PMO delivers value to stakeholders by…

A

Planning how this value will be delivered over time

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15
Q

Some examples of functions that deliver short-term value perception are:

A
  1. Execute specialized tasks for project managers
  2. Manage Lessons Learned meetings
  3. Provide project or Program Performance Reports to upper management
  4. Provide a strategic project scoreboard
  5. Monitor and Control Project performance
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16
Q

Some examples of functions that deliver medium-term value perception are:

A
  1. Perform Benchmarking
  2. Conduct Audit in projects
  3. Promote Project Management within the organization
  4. Provide mentoring for project managers
  5. Provide training and project competency development
17
Q

Some examples of functions that deliver long-term value perception are:

A
  1. Manage projects or programs
  2. Support Project portfolio Definition
  3. Provide project Management methodology
  4. Manage Lessons Learned Database
  5. Provide Project Management tools and Information Systems
18
Q

The PMO Service Catalog is comprised of

A

All active and approved services that can be offered to the current and future PMO customers.