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Luke Panezich

What is a PMO, and how does it work?

This course focuses on the Project Management Office (PMO) and the governance techniques used to monitor and control the delivery of projects and programs.

You’ll learn all about Portfolio management and the different kinds of PMOs in use today. You’ll also explore various approaches for building, maintaining and closing a PMO, as well as monitoring techniques to ensure that projects are completed successfully.

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What is a PMO, and how does it work?

This course focuses on the Project Management Office (PMO) and the governance techniques used to monitor and control the delivery of projects and programs.

You’ll learn all about Portfolio management and the different kinds of PMOs in use today. You’ll also explore various approaches for building, maintaining and closing a PMO, as well as monitoring techniques to ensure that projects are completed successfully.

What you'll learn

By the end of this course you will be able to:

  • Explain what a PMO is and why it exists
  • Describe how a PMO works within the broader organization
  • Identify and describe high-level strategies to set up, maintain, and wind down a PMO Understand the techniques to intake, prioritize, and select projects and programs so that they align with the organization's overall business strategy

What's inside

Learning objectives

  • Explain what a pmo is and why it exists
  • Describe how a pmo works within the broader organization
  • Identify and describe high-level strategies to set up, maintain, and wind down a pmo understand the techniques to intake, prioritize, and select projects and programs so that they align with the organization's overall business strategy

Good to know

Know what's good
, what to watch for
, and possible dealbreakers
Explores core concepts of project management offices, including their purpose and structure
Focuses on governance techniques and methodologies used to monitor and control the delivery of projects and programs
Practical strategies for building, maintaining, and closing a PMO, ensuring its effective operation
Techniques for intake, prioritization, and selection of projects and programs to align with organizational goals
Delivered by industry experts Luke Panezich, providing valuable insights and real-world perspectives

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Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Portfolio Management, Governance, & the PMO with these activities:
Review portfolio management principles
Recall key concepts that will be expanded on in this course.
Show steps
  • Review the definition and benefits of portfolio management.
  • Describe the different types of portfolios.
  • Identify the key steps in the portfolio management process.
Review PMO concepts
Review and reinforce knowledge of PMO concepts to enhance understanding.
Browse courses on Project Management Office
Show steps
  • Read course materials on PMO
  • Summarize key PMO concepts and definitions
  • Review previous coursework or textbooks on PMO
Review Project Management Fundamentals
Strengthen your understanding of project management concepts to enhance your grasp of PMO principles.
Show steps
  • Review your notes or textbooks from previous project management courses.
  • Take practice quizzes or mock exams to test your knowledge.
  • Attend webinars or workshops on project management fundamentals.
  • Participate in discussions or forums related to project management.
Eight other activities
Expand to see all activities and additional details
Show all 11 activities
Read The Project Management Body of Knowledge (PMBOK® Guide) - Sixth Edition
Build a strong foundation on project management best practices by reading the PMBOK® Guide.
Show steps
  • Gather materials such as a notebook, pens, and highlighters.
  • Read each chapter carefully, taking notes on key concepts and definitions.
  • Complete the practice questions at the end of each chapter to test your understanding.
  • Take time to review your notes regularly to reinforce your learning.
Join a PMO Study Group
Connect with fellow learners to discuss course topics, share perspectives, and reinforce your understanding.
Browse courses on Peer Support
Show steps
  • Reach out to classmates or colleagues to form a study group.
  • Set regular meeting times and a structured agenda.
  • Take turns leading discussions and presenting on assigned topics.
  • Collaborate on practice exercises and case studies.
Create a PMO Resource Library
Organize and consolidate course materials, research articles, and best practices to support your learning.
Browse courses on Knowledge Management
Show steps
  • Gather relevant documents, templates, and resources from the course.
  • Create a filing system or digital repository to store the materials.
  • Categorize and label the resources for easy access.
  • Regularly update and add new resources to the library.
Practice PMO techniques
Engage in practice exercises to strengthen skills in applying PMO techniques.
Show steps
  • Complete practice exercises in course materials
  • Solve practice problems related to PMO
  • Simulate PMO scenarios using tools or case studies
Complete PMO Simulation Exercises
Develop your critical thinking and decision-making skills through hands-on PMO simulations.
Show steps
  • Locate online or offline PMO simulation tools.
  • Set up a realistic scenario and parameters for the simulation.
  • Run the simulation and make decisions based on the information provided.
  • Analyze the outcomes and identify areas for improvement.
Develop a PMO Case Study Presentation
Deepen your understanding of PMO implementation and best practices by creating a case study based on your own work experience or research.
Show steps
  • Identify a PMO implementation project or case study.
  • Research and gather data on the project's objectives, challenges, and outcomes.
  • Develop a presentation outlining the key aspects of the case study.
  • Present your case study to classmates or colleagues for feedback.
Develop a PMO plan
Create a comprehensive PMO plan to gain practical experience in PMO implementation.
Browse courses on Project Governance
Show steps
  • Gather requirements and analyze existing PMO practices
  • Design and develop a customized PMO plan
  • Present and implement the PMO plan
Participate in a PMO Case Competition
Challenge yourself and showcase your PMO knowledge and skills by participating in a competitive environment.
Show steps
  • Identify and register for relevant PMO case competitions.
  • Form a team and develop a strategy.
  • Analyze the case study and prepare a comprehensive solution.
  • Present your solution to a panel of judges.

Career center

Learners who complete Portfolio Management, Governance, & the PMO will develop knowledge and skills that may be useful to these careers:
Portfolio Manager
A Portfolio Manager is responsible for managing a portfolio of projects, programs, and other initiatives. This includes developing a portfolio strategy, managing project and program plans, and monitoring progress. This course can be useful for a Portfolio Manager because it will help you understand how to set up and manage a PMO, which can help you improve your portfolio management skills.
Resource Manager
A Resource Manager is responsible for managing the resources needed to complete a project or program, including human resources, financial resources, and physical resources. This course can be useful for a Resource Manager because it will help you better understand how to manage a PMO, which can help you improve your resource management skills.
Project Scheduler
A Project Scheduler is responsible for developing and maintaining project schedules. This includes identifying the tasks that need to be completed, estimating the time required to complete each task, and sequencing the tasks in a logical order. This course can be useful for a Project Scheduler because it will help you better understand the role of a PMO and how it can support project managers.
IT Project Manager
An IT Project Manager is responsible for planning, executing, and closing IT projects, as well as managing the IT project team. This course can be useful for an IT Project Manager because it will help you better understand how to manage a PMO, which can help you improve your IT project management skills.
Project Manager
A Project Manager is responsible for planning, executing, and closing a project, as well as managing the project team. This course can be useful for a Project Manager because it will help you better understand how to manage a PMO, which can help you improve your project management skills.
Project Controls Specialist
A Project Controls Specialist is responsible for developing and maintaining project controls systems and processes. This includes tracking project progress, managing project budgets, and forecasting project costs. This course can be useful for a Project Controls Specialist because it will help you better understand how to manage a PMO, which can help you improve your project controls skills.
Program Manager
A Program Manager is responsible for overseeing a program consisting of multiple projects. This includes developing a program strategy, managing project plans, and monitoring progress. This course can be helpful for a Program Manager because it will help you understand how to set up and manage a PMO, which can help you improve your program management skills.
Project Coordinator
A Project Coordinator is responsible for providing administrative and logistical support to a project manager. This includes scheduling meetings, taking minutes, and managing project documentation. This course can be useful for a Project Coordinator because it will help you better understand the role of a PMO and how it can support project managers.
Business Analyst
A Business Analyst collects information about how a business operates, how it may improve its operations, and how to operate more cost-effectively. This course can be useful for a Business Analyst because it will help you better understand how to manage a portfolio of projects. This includes selecting the projects to include in the portfolio, developing a plan for managing them, and monitoring their progress.
Change Manager
A Change Manager is responsible for managing changes to a project or program, including changes to the project scope, schedule, or budget. This course may be useful for a Change Manager because it will help you better understand how to manage a PMO, which can help you improve your change management skills.
Project Estimator
A Project Estimator is responsible for estimating the cost of a project. This includes identifying the resources that will be needed to complete the project and estimating the cost of each resource. This course may be useful for a Project Estimator because it will help you better understand the role of a PMO and how it can support project managers.
Risk Manager
A Risk Manager is responsible for identifying, assessing, and managing risks that may affect a project or program. This course may be useful for a Risk Manager because it will help you better understand how to manage a PMO, which can help you improve your risk management skills.
Business Development Manager
A Business Development Manager is responsible for identifying and developing new business opportunities for a company. This includes meeting with potential clients, pitching the company's services, and negotiating contracts. This course may be useful for a Business Development Manager because it will help you better understand how to manage a portfolio of projects and programs, which can help you improve your business development skills.
Product Manager
A Product Manager is responsible for developing and managing a product. This includes defining the product's features, setting the product's price, and marketing the product. This course may be useful for a Product Manager because it will help you better understand how to manage a portfolio of projects and programs, which can help you improve your product management skills.
Management Consultant
A Management Consultant is responsible for providing advice to companies on how to improve their operations. This includes analyzing the company's current operations, identifying areas for improvement, and developing and implementing solutions. This course may be useful for a Management Consultant because it will help you better understand how to manage a portfolio of projects and programs, which can help you improve your consulting skills.

Reading list

We've selected 13 books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Portfolio Management, Governance, & the PMO.
Comprehensive guide to preparing for the PMP exam. It covers all of the material that is tested on the exam, and it is written in a clear and concise style that makes it easy to understand.
Provides a clear and concise framework for developing good strategy. It valuable resource for anyone who wants to learn more about strategy or improve their strategic thinking skills.
Provides a behind-the-scenes look at the consulting firm McKinsey & Company. It reveals the techniques and tools that McKinsey consultants use to help their clients solve complex business problems.
This classic work of political philosophy provides a pragmatic guide to acquiring and maintaining power. It valuable resource for anyone who wants to learn more about politics or leadership.
Classic in the field of innovation. It provides a framework for understanding why large companies often fail to innovate, and it offers practical advice on how to overcome this challenge.
Must-read for anyone who wants to learn about lean startup principles. It provides a practical framework for building and launching successful businesses.
This self-help book provides a framework for personal and professional success. It valuable resource for anyone who wants to improve their productivity, communication skills, and leadership skills.
Explores the power of mindset. It shows how our beliefs about ourselves and our abilities can have a profound impact on our success. It provides practical advice on how to develop a growth mindset and achieve your full potential.
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Explores the power of grit. It shows how passion and perseverance can help us achieve our goals, even when we face setbacks. It provides practical advice on how to develop grit and cultivate a growth mindset.
Challenges the prevailing view that extroverts are always more successful than introverts. It provides a valuable perspective on the strengths and weaknesses of both types of personality.
This ancient Chinese military treatise is still relevant today for its insights into strategy, leadership, and warfare. It valuable resource for anyone who wants to learn more about these topics.

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