The virtual PMO

iFocus has developed a framework for virtual portfolio management – we call the concept vPMO. We base the concept on well-known PMO standards that, in less time than usual, improve your organization’s ability to create value and reduce costs on failed projects.

The virtual PMO is a framework of processes, methods, tools, and templates that are tailored to your organization and integrated into existing business processes. The framework is embedded into the existing organization, by training Executive Management, Department Managers, Steering Committee, Project Managers and Project participants in how to use the framework. This is by far the cheapest and fastest solution to start with.

iFocus PMO

As the organization then matures in handling its projects, it can gradually move from left to right and perhaps at some point decide to invest in setting up a real PMO function in the organization.

But in most cases, it never gets to this, as the vPMO alone will sufficiently cover most needs for structure and transparency.

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