258: Latest PMO Research Revealed with Rachel Hentges & Joe Pusz
Jun 2, 2024
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Rachel Hentges and Joe Pusz discuss the 2024 PMO Research Report, highlighting the link between executive support and PMO success, struggles with measuring PMO value, and the importance of organizational acceptance. They delve into critical factors that could enhance PMO performance and shift perspectives on strategic IMPACT.
Shift to business impact-focused strategies for enhanced success.
Deep dives
Understanding the 2024 PMO Research Report Insights
The 2024 PMO Research Report by the PMO Squad delves into key insights focused on people, processes, technology, and PMO success. By surveying over 160 participants, the report aims to uncover organizational challenges, opportunities, and successes within PMOs. It highlights the importance of assessing PMO performance, organizational acceptance, and capability for project management success.
The Value of Executive Understanding in PMO Support
An essential finding reveals that 93% of unsupported PMOs cite a lack of executive understanding regarding the PMO's value. Additionally, 70% of PMOs lack a formal process for value assessment. This underscores the critical need for PMO leaders to engage executives in understanding and championing the PMO's contributions to organizational success.
Organizational Project Delivery Journey and Capability Building
The report introduces the Organizational Project Delivery Journey, illustrating five stages from ad hoc management to generating value. Over 50% of organizations are still in stages one and two, emphasizing the necessity of enhancing organizational capability for effective project delivery. PMOs play a pivotal role in guiding organizations toward strategic project delivery and value generation.
Shifting Mindsets Towards Business Impact
A key takeaway revolves around shifting mindsets from project-centric to business impact-focused strategies. PMO leaders and executives must align efforts with organizational goals, emphasizing project delivery as a means to achieve strategic outcomes. The report advocates for a holistic organizational approach to project management for enhanced business success.
Welcome to the PMO Strategies Podcast + Blog, where PMO leaders become IMPACT Drivers!
PMI Talent Triangle: Business Acumen
Hey, IMPACT Driver!
Are you curious about where your PMO stands in 2024?
We've got something special for you!
Our friends at The PMO Squad have just released their 2024 PMO Research Report, and in our latest podcast episode, we're diving into the key findings. What we share with you about these findings might surprise you!
In this episode, Joe Pusz, CEO of The PMO Squad, and Rachel Hentges, Director of Sales & Marketing, explore the insights from the report that could change your perspective on PMO effectiveness.
From evaluating people and processes to technology and PMO success, you'll discover critical factors that could elevate your PMO’s performance.
Key Highlights:
The link between executive support and PMO success.
Why organizations struggle with measuring PMO value.
The importance of organizational acceptance and capability.
Tune in now to uncover insights that could drastically shift how you think about your PMO’s strategic IMPACT.
Enjoy the episode and let me know what you think!
P.S. Have questions or insights? Join our discussion on LinkedIn and share your thoughts!
Thanks for taking the time to check out the podcast!
I welcome your feedback and insights!
I’d love to know what you think and if you love it, please leave a rating and review in your favorite podcast player. Please leave a comment below to share your thoughts. See you online!
Warmly,
Laura Barnard
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