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- Accountable for the strategic initiatives of the organizations, often manifest in enterprise projects, programs, and portfolios.
- Champion culture change and shift the organization toward greater execution excellence.
- Establishment of key processes including governance, risk management, implementation methodology, project talent management, and other strategic practices.
Description: Today, there are many chiefs in contemporary organizations. The top three chiefs are the Chief Executive Officer (CEO), Chief Operation Officer (COO), and Chief Financial Officer (CFO). But there are many others such as CIO, CTO, CRO (risk), CMO (marketing), and even CDO (data). But is there a chief responsible for project execution? Yes, it is the Chief Project Officer (CPO).
Reinhard Wagner, the Past President of IPMA and Chairman of the IPMA Council, says that the CPO is responsible for all project-oriented operations. The main responsibilities of the role are:
- Establish a governance system for projects, programs, and portfolios
- Direct all activities in the field of projects, programs, and portfolios
- Perform leadership for the project, program, portfolio managers and the PMO
- Support all other board members in chartering or sponsoring projects in their areas of responsibility
In our view, the responsibilities above are still narrow. Organizations should invest in the creation of the Chief Project Officer (CPO) role for two primary reasons: 1) create a true Enterprise PMO responsible for the execution of a selective few enterprise projects and programs; and 2) achieve sustainable excellence in strategic business execution.
To become a Chief Project Officer or another Senior Project Executive role, individuals must command more than project and program management. Below are the top five topics according to our research.
- Making Strategy Work
- Enabling Strategic Business Execution
- Designing Optimal Governance in Projects, Programs, and Portfolios
- Championing Change through Effective Project Leadership
- Managing Risks Across the Portfolios, Programs, and Projects
Why Attend?: To help project professionals understand the road ahead and what they can look forward to as they develop their skills. For aspiring project executives, this also serves as a road map for their development.
Who Will Benefit? : All project professionals who are looking to make advancements and march toward senior project executive roles.
Outcome: At the end of this webinar, participants should be able to:
- Describe the role of the chief project officer
- Articulate the key skills required to become a chief project officer
Meet the Presenter
Dr. Te Wu
(PMP, PgMP, PfMP, PMI-RMP)
Professor Te Wu is an academic and a professional with over 25 years of work experience helping businesses to improve their strategy execution, over 15 years of teaching experience empowering students with management knowledge and skills, and now over 10 years of experience as an entrepreneur. His core belief is that most organizations and people have more ideas than they can successfully tackle. Thus, his recent work has focused on “getting the right things done, in the right way.” In his professional journey to date, he grew from the shop floor to leading hundred million-dollar portfolios. He is a researcher, author, speaker, teacher, and also a practitioner. Selective highlights of Wu’s work include the following:
- Found and built PMO Advisor into a leading project management training (PMI Global R.E.P.) and consultancy
- Professorship at multiple global universities including China-European Business School and Montclair State University. Also on the Project Management Advisory Board at Stevens Institute of Technology
- Served/serving on two PMI Global Standard Committees: The Standard for Portfolio Management – Fourth Editionand The Standard for Risk Management in Portfolios, Programs, and Projects
- Serving as a U.S. delegate on the International Standard Organization’s Technical Committee 258 for project, program, and portfolio management
- International speaker including many PMI Chapters around the world, PMI®EMEA Congress, PMI China Congress, and most recently across multiple cities in China at the invitation of China’s State Administration of Foreign Experts Affairs
Emerging Role of Chief Project Officer
Wednesday, February 20, 2019
1:00 p.m. – 2:00 p.m. Eastern Standard Time
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