Hi, need to submit a 1750 words paper on the topic Enterprise Project Management. To establish a performance-focused environment, a regular monitoring and performance determination system using the Earned Value (EV) method is set in place. The project team is taken through a mentoring process in all phases of the project from project definition to rollout. All the company management stakeholders are trained in a full range of project management topics each to understand their role in making the project successful. The IT PMO keeps the company management team and project management well informed by giving various reports at relevant times.
It can also serve the company authority on project management methods and practices by setting the company’s IT methodology and standards, strongly advocate for better project management practices in the company, select a competent management tool and serve as the official source of project templates and other project aids. By IT PMO charter collaborating, the company’s IT directors in managing IT project portfolio helps in the development and articulation of the company’s technology strategy (Mahnic, & Zabkar, 2012). A master IT project plan is successfully selected is also maintained and published. Project resource management as a key tool is handled and further warning the company’s IT organ over any project at risk and providing recommendations.
The charter also performs capacity planning with the company’s IT Directors for the company to make optimal use of its resources. It also works closely with the company’s project manager and the project sponsor to make adjustments to under-performing projects.
The charter can also manage all company IT projects either directly or indirectly. In the event the IT PMO directly manages projects on request. sponsors make their request to the PMO that collaborates with other stakeholders to decide where resources should be .allocated, the charter provides the project management services for the project, and it also takes the accountability for the successful project delivery (Mahnic, & Zabkar, 2012).