“In her group, Ms Aitken says agile and scaled-agile methods are often used in conjunction with sequential techniques such as waterfall and specific customer-driven approaches. “Part of my role as CPO (chief project officer) is to bring to life the vision of what professional project management means in 2016, which is about getting projects most efficiently and effectively from ideation to value creation,” says Ms Aitken of Telstra’s approach. “This enables Telstra to be agile with our delivery, independent of project type or methodology.”
“Delivery is more important than ever for organisations. “According to PMI’s research, on average, $122 million is wasted for every $1 billion invested due to poor project performance, a 12 per cent increase over last year,” says Ms Aitken. “The role of CPO was created to ensure we have professional project management as a standalone capability distinct from our engineering, IT or business skills to safeguard our portfolio from this statistic. The better we can execute our projects, the more money we will have to invest in delivering world-class technology to our customers on a world-class network.”
A focus on aligning projects with strategy while also managing projects on a tactical, day-to-day basis can help your organisation achieve its desired business results while being a model of high performance and efficiency. Having a CPO can help your organisation be agile and nimble while focusing on delivering business results – qualities that are necessary in today’s unpredictable environment.” – Excerpted from the article, Advancing project management with a chief project officer, at Raconteur.net, click here to read the article in its entirety.
Insightful and well said! PMO Advisory offers courses throughout the year designed for project professionals interested in Portfolio (PfMP), Program (PgMP), Project (PMP & CAPM) Risk (PMI-RMP) Management, and Agile (PMI-ACP) certifications.
