Project Management Office PMO for Management Consultants
What you’ll learn
How to set up a Project Management Office (PMO)
Identify the type of PMO you have to build
Select the right projects that will deliver the biggest value
How to prepare your team members for the work in the PMO
You will get in additional resources examples of deliverables and tools you will need for the PMO
Requirements
Basic or intermediate Excel
Basic knowledge of economics or finance
Description
What is the aim of this course?Sometimes to create value in the firm or manage a huge number of complicated projects you have to set up a Project Management Office (PMO). PMO is responsible for making sure that all strategic projects will be delivered on time. PMO has to also analyze and select projects and support project managers in managing project delivery. Building and running PMO is pretty difficult, especially when it comes to selecting the right projects and later on implementing them. I will teach you in this course how to do it efficiently. We will look at different types of PMO setups for different purposes. In this course you will learn:In what situation PMO is used and how its goals differ depending on the situationHow to select the right projects to implement using PMOIn the attached resources, you will also find examples of PMO deliverables you will have to create and examples of tools you can use to run the PMO efficientlyThis course is based on my 15 years of experience as a consultant in top consulting firms and as a Board Member responsible for strategy, performance improvement, and turn-arounds in the biggest firms from Retail, FMCG, SMG, B2B, and services sectors that I worked for. I have carried out or supervised over 90 different projects in different industries that generated in a total of 2 billion in additional EBITDA. I have also built and supervised PMOs in 10 different organizations. On many occasions, I had to grow, coach, and supervise managers, directors, and CEOs. On the basis of what you will find in this course, I have trained in person over 100 consultants, business analysts, and managers who now are Partners in PE and VC funds, Investment Directors and Business Analysts in PE and VC, Operational Directors, COO, CRO, CEO, Directors in Consulting Companies, Board Members, etc. On top of that my courses on Udemy were already taken by more than 182 000 students including people working in EY, McKinsey, Walmart, Booz Allen Hamilton, Alvarez & Marsal, PwC, Dell, Walgreens, Adidas, Orange, and many othersI teach through cases, so you will have a lot of lectures showing examples of analyses, tools, and end-products of PMO. To make the course more realistic and applicable we will go over many examples from our consulting practice, where we had to build and run a PMO. To every lecture, you will find attached (in additional resources) the Excels as well as additional presentations, and materials shown in the lecture so as a part of this course you will also get a library of ready-made analyses that can, with certain modifications, be applied by you in your work.Why did I decide to create this course?Building and running a PMO requires a specific approach and set of skills that you are not able to acquire easily. There are also hardly any practical resources that would help you in this job. Therefore, we have decided to describe our approach to this sort of project. This course will help you create a PMO, select the right projects, and deliver outstanding results to stakeholders (Board of Directors, Inventors, and your boss). What you will learn in this course will be extremely useful not only in consulting but also if you want to create a PMO internally to support the value creation process or to speed up the change management process. By giving you exposure to real-life cases and analyses I want to improve your skills in building PMO, selecting projects, and delivering tangible results through the PMO. Thanks to this course, you will know what and how to do once you are given the task of setting up and running a PMO.To sum it up, the course will help you become an expert in building and running PMO on the level of McKinsey, BCG, Bain, PwC, Deloitte, EY, and other top consulting firms. That is why, I highly recommend this course not only to Management Consultants and Project Managers that have to advise their customer but also to Investment Directors working for PE, Directors, and Managers responsible for running internal PMO departments.In what way will you benefit from this course?The course is a practical, step-by-step guide loaded with tons of analyses, tricks, and hints that will significantly improve the speed with which you understand, and analyze the business considered for acquisition. There is little theory – mainly examples, a lot of tips from my own experience as well as other notable examples worth mentioning. Our intention is that thanks to the course you will learn:In what situation PMO is used and how its goals differ depending on the situationHow to select the right projects to implement using PMOIn the attached resources, you will also find examples of PMO deliverables you will have to create and examples of tools you can use to run the PMO efficientlyYou can also ask me any questions either through the discussion field or by messaging me directly.How the course is organized?The course is divided currently into the following sections:Introduction. We begin with a little intro to the course as well as some general info on how the course is organizedWhen PMO is used. In the second section, I will show you different situations in which PMO can be used. We will go through the difference and the goals of PMOs. PMO can be created in a Juggernaut situation, Performance Improvement situation, Turn Around situation, Private Equity situation, Drastic growth situation, and othersHow to build PMO? In this section, I will show you the step-by-step process that will help you establish the PMO.Project selection. In the 4th section, I show you different frameworks that you can use to select the projects that you should concentrate on as a PMO. We will discuss the Strategic alignment framework, Value proposition alignment framework, Portfolio decision-making, and my favorite one – The bottleneck Framework.Recruit & Train the PMO team. In the 5th section, I will briefly discuss the process of recruiting and training team members that you will need to run the PMO. If you are working in a consulting firm you simply get well-prepared people, but if the PMO is built internally then the task is much more difficult.PMO Deliverables. In this lecture, we will discuss what you should deliver as a PMO. There will be examples of the main deliverables.Tools used by PMO. In the last section, we will briefly discuss the tools used by the PMO such as project management tools, slides templates, and a library of slides.You will be able also to download many additional resourcesUseful frameworks and techniquesList of resources useful during performance improvement projectsSelected analyses are shown in the courseLinks to additional presentations, articles, and moviesLinks to books worth readingAt the end of my course, students will be able to…How to set up a Project Management Office (PMO)Identify the type of PMO you have to buildSelect the right projects that will deliver the biggest valueHow to prepare your team members for the work in the PMOWhat type of deliverables and tools you will needWho should take this course? Who should not?Project ManagersManagers responsible for building and running Project Management Office (PMO)Board MembersInvestment DirectorsManagement Consultants selling the PMO serviceBusiness Analysts & Management Consultants working within PMODirectorsWhat will students need to know or do before starting this course?Basic or intermediate ExcelBasic knowledge of economics or finance
Overview
Section 1: Introduction
Lecture 1 What the course will be about
Lecture 2 How the course is organized
Lecture 3 A little bit about me
Lecture 4 How to deal with Blurry image
Lecture 5 How to reach additional resources
Section 2: When, in what situation PMO is used?
Lecture 6 When PMO is used – Introduction
Lecture 7 Juggernaut situation
Lecture 8 Performance Improvement situation
Lecture 9 Turn Around situation
Lecture 10 Private Equity situation
Lecture 11 Drastic growth situation
Lecture 12 When PMO is used – Summary of main situations
Lecture 13 When PMO is used – Other situations – big project, oneoffs
Section 3: How to build PMO?
Lecture 14 How to build PMO – Introduction
Lecture 15 How to build PMO – Step by step process
Lecture 16 Goals of the PMO
Lecture 17 KPIs for PMO
Lecture 18 What role can PMO play on different projects
Section 4: Project selection
Lecture 19 Project selection – Introduction
Lecture 20 Strategic alignment framework – Introduction
Lecture 21 Strategic alignment framework – Case Introduction
Lecture 22 Strategic alignment framework – Overiew of Projects
Lecture 23 Strategic alignment framework – Did we achieved the goal
Lecture 24 Strategic alignment framework – When it makes sense to use it
Lecture 25 Value proposition alignment framework – Introduction
Lecture 26 Value proposition alignment framework – Cases Introduction
Lecture 27 Value proposition alignment framework – Data Available
Lecture 28 Value proposition alignment framework – Overview of Projects Part 1
Lecture 29 Value proposition alignment framework – Overview of Projects Part 2
Lecture 30 Value proposition alignment framework – Solution Summary
Lecture 31 Value proposition alignment framework – When it makes sense to use it
Lecture 32 Portfolio decision making – Introduction
Lecture 33 Portfolio decision making – Case Introduction
Lecture 34 Portfolio decision making – Available Data
Lecture 35 Portfolio decision making – Solution in Excel
Lecture 36 Portfolio decision making – When it makes sense to use it
Lecture 37 Bottleneck Framework – Introduction
Lecture 38 Low hanging fruits
Lecture 39 Theory of constraints and bottlenecks
Lecture 40 Removing bottlenecks – Content marketing agency – Introduction
Lecture 41 Removing bottlenecks – Content marketing agency – Solution
Lecture 42 Bottleneck Framework – The Process
Lecture 43 Bottleneck Framework – Case Introduction
Lecture 44 Bottleneck Framework – Data for the Case
Lecture 45 Bottleneck Framework – Case – Summary of Projects
Lecture 46 Bottleneck Framework – Case – Analysis of Bottlenecks
Lecture 47 Bottleneck Framework – Case – the Approach to solving the case
Lecture 48 Bottleneck Framework – Case – Project New Format
Lecture 49 Bottleneck Framework – Case – Project Private Label
Lecture 50 Bottleneck Framework – Case – Project Rebranding
Lecture 51 Bottleneck Framework – Case – Project Hospitals
Lecture 52 Bottleneck Framework – Case – Project Marektplace
Lecture 53 Bottleneck Framework – Case – Project Loyalty Program
Lecture 54 Bottleneck Framework – Case – Project Foreign Expansion
Lecture 55 Bottleneck Framework – Case – Project BI
Lecture 56 Bottleneck Framework – Case – Project MA
Lecture 57 Bottleneck Framework – Case – Summary
Lecture 58 Bottleneck Framework – When it makes sense to use it
Section 5: Recruit & Train PMO team
Lecture 59 Recruit & Train PMO team – Introduction
Lecture 60 Introduction to creating ideal team members
Lecture 61 Values
Lecture 62 Profile of the team member
Lecture 63 Structure for cooperation
Lecture 64 Why team members have to constantly improve
Lecture 65 How to teach your team members
Section 6: PMO Deliverables
Lecture 66 PMO Deliverables – Introduction
Lecture 67 Project Card / Charter – Example
Lecture 68 Project Summary Tool – Example
Lecture 69 Detailed Presentation & Analysis – Example
Lecture 70 Examples of deliverables from projects
Section 7: Tools used by PMO
Lecture 71 Tools used by PMO – Introduction
Lecture 72 Project Management Tools
Lecture 73 Slides Templates
Lecture 74 How to define the scope of a project
Section 8: Conclusions
Lecture 75 Bonus Lecture
Project Managers,Managers responsible for building and running Project Management Office (PMO),Management Consultants selling the PMO service,Business Analysts & Management Consultants working within PMO,Board Members & Directors supervising PMO,Investment Directors working in PMO
Course Information:
Udemy | English | 3h 23m | 788.59 MB
Created by: Asen Gyczew
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