Chief Project Officers or CPOs sit at Board-level alongside the more traditional roles; CIO, CTO, COO, CFO and report to the CEO. A Chief Project Officer’s main responsibilities are to:
Focus on achieving strategic business objectives through projects, programs and portfolios
Ensure key projects and programs support the right business goals
Balance risks with rewards
Link projects with the business strategy
Drive efficiencies and linkages between projects
Manage resource requirements across the portfolio of projects
Make sure each project has an effective leader/project manager
Implement or oversee appropriate project management methodology
Oversee and control all changes to project scope
Strive toward achieving execution excellence
Today, the title of “Chief Project Officer” is relatively little well known. But there are a number of equivalent senior project executive roles such as “Head of Project Services”, “Executive Director of PMO”, “VP of Strategy Execution”, “Director of Business Excellence”, etc. In other cases, the other C-Level such as the COO, CFO, and CMO have part of the CPO responsibilities. This executive course is designed for all decision makers and leaders that are in the C-suite (or aspire to work with the C-Suites) sponsoring and overseeing major projects, programs, and portfolios.
About The Course
In this course you will acquire the concepts, methods and tools of project, program and portfolio management to lead the strategic business execution of your firm.
Transforming Strategy into Action
Competitive and strategic organizations recognize the importance of project, program and portfolio management – to achieving organizational goals. By investing in project and program management education and certification, organizations are paving the way for the future. The course has been designed to expand your knowledge of today’s higher–level strategic project management issues and the more complex tactical challenges involved in project, program and portfolio management. It offers an intensive learning opportunity to acquire tools, techniques, and knowledge that can be applied immediately. The course comprises academic theory along with project management principles to deliver insights and practical tools for managing projects, programs, and portfolios from the 30,000 foot view. Through dynamic, practical, hands-on lectures, case studies, small group discussions & interactive workshops, students will gain exposure to the latest methods, techniques and tools for managing a portfolio of programs and projects. Students will learn how to:
- Align project initiatives with strategic objectives;
- Select, prioritize, and manage a portfolio of projects;
- Complete projects faster, with more efficient resource deployment;
- Establish effective governance over a project / program;
- Meet leading experts, faculty and practitioners in the project management disciplines;
- Network with participants from leading organizations;
- Communicate with the other C-level executives and board members;
- Build world class project teams to effectively execute projects, programs, and portfolios
Career Description of the Course
The C-Suite needs someone to take organizational strategies and implement them, give feedback to the planning process on complexity, feasibility, and relevance of programs and projects; navigate portfolio, program, and project management direction and assure successful delivery of projects and programs in the organization. Commonly the Chief Project Officer and other senior project executive roles can select, prioritize, and terminate projects and programs to achieve alignment with the organization’s strategy along with having the ability, power, and authority to identify chart organizational change.
In most organizations despite being accountable for governance, the head of the PMO has little or no authority in enforcing organizational governance on the projects and programs run by the PMO. This is resolved by having a Chief Project Officer at the executive C-level where the authority and control would be afforded to implement organizational governance (assurance that risks at the organizational level are managed appropriately and resources are expended and utilized responsibly). The Chief Project Officer aligns the organization’s project portfolio with its strategic plan, assesses risk, spots conflicts or inefficiencies between existing or proposed projects.
A Chief Project Officer who possess specific knowledge about global methodologies such as the Project Management Institute (PMI) standards including: The Standard for Portfolio Management, The Standard for Program Management, A Guide to the Project Management Body of Knowledge (PMBOK® Guide), Managing Change in Organizations: A Practice Guide, Navigating Complexity: A Practice Guide, and other PMI frameworks of guidance.
A Chief Project Officer will have extensive experience in managing strategic change through projects, programs, and portfolios and holds a clear vision of “what it takes” to manage and successfully deliver programs and projects. They would need to have broad experience with tools and techniques, methods, and implementation in planning, execution, change control, benefits realization, benefits tracking, etc.
Chief Project Officer Explained
In his paper, “The Case for the Chief Project Officer,” Andy Jordan identifies the Chief Project Officer as “an executive responsible for project execution as well as participation in strategy formulation, implementation of organizational change, and responsibility to ensure organizations attain and sustain the maturity levels that best serve their needs”.
In his article “The Development of the Chief Project Officer” Paul Marshall claims that a Chief Project Officer “will help demonstrate just how important projects are in the continual development and maturity of an organization. Effective project delivery will be viewed as a ‘must-do’ rather than resourcing projects with existing staff using a ‘best-endeavors’ approach. The future of an organization might be dependent on benefits being realized through the delivery of a successful project.”
Ed Kozak, author of “The Chief Project Officer and How One Can Benefit your Organization,” defines the Chief Project Officer as “a single individual at the Senior Management level who is responsible for providing governance over the organization’s internal projects.” Kozak further adds that it is the Chief Project Officer’s responsibility to “Link all projects to strategic and operational business plans; make sure that every project supports the right business goals; require that every project have an effective manager or leader in charge; implement and maintain an appropriate PM Methodology; rigorously and formally manage changes to project scope, budget, schedule, and requirements; group similar projects to them in a similar manner; and implement, lead, and coordinate project portfolio management.”
Dr. Te Wu, Founder & CEO of PMO Advisory
Who Should Take this Course and What’s Covered?
Anyone with the ambition to serve as a Chief Project Officer or serve in other Senior Project Executive roles including Head of Enterprise PMO. The course content reflects current global research, emerging trends, and leading practices and covers the following topics:
- 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
- Engaging Executive Stakeholders; Expectations & Communication
- Building and Implementing a World Class PMO
- Leading Benefits Realization Management
- Crafting Performance Metrics for Project Executives
- Establishing a Balanced Scorecard for Project Environment
- Managing Global Initiatives
- Understanding Essential Financial Management for Projects
- Achieving Strategic Value Using Portfolio Management
- Managing Complex Programs
- Confronting Challenges in Project Management
- Leveraging Agile Approaches to Project Management
- Championing Transformational Change
- Motivating and Leading Diverse Teams
- Instituting an Effective Project Management Information System
- Creating a Culture to Sustain Execution Excellence
Chief Project Officer Program: A Transformative Journey – Pre-Registration
Start Date: June 5 – June 16, 2019 at our 2019 Mega Bootcamps located in the Poconos, PA
Format: Two Days in person, followed by weekly 2 hour live virtual sessions for 8 weeks. Total time is about 40 hours
Cost: Pre-registration price of $5,000 which includes lodging and food for the two days and all course materials
PDU: Earns 40 PDUs, 20 Strategic, 10 Leadership, and 10 Technical (of which 4 are Portfolio Management Technical PDUs)
Class Size: Small group of up to 10 people of senior project executives
Bonus: Registering and Paying for the CPO Course and taking our PgMP or PfMP Bootcamps at our Mega Bootcamp 2019 (on 6/3 and 6/4, 2019 at the same location), we will provide you FREE lodging and meals for this course as well. Click here to learn about our Mega Bootcamp 2019 for you and your team.
For more information or if you have any questions, please complete the inquiry form below.
Our Philosophy and Values
PMO Advisory is a PMI® Registered Education Provider (R.E.P. #4172) and proud to be one the very few PMI® registered firms able to offer Portfolio (PfMP®), Program (PgMP®), Project (PMP®), and Risk (PMI-RMP®) Management Certification Training. We make tremendous effort to understand our clients, their needs and interest and align our products and services accordingly. Because we are a small firm we’re agile, responsive, and will adapt our training programs as your needs change with a speed larger firms just can’t match. We’re committed to getting individuals, small teams, and organizations professionally trained and transformed in line with set goals. You are guaranteed a positive client service experience which meets (and ideally exceeds) your expectations, this is our goal behind all of our business interactions. Specifically we promise to:
1. Focus on the benefit of the training as it relates to each customer’s individual needs.
2. Be responsible and accountable for each customer’s success.
3. Always act with integrity and dignity when dealing with customers, vendors and employees.
4. Always EXCEED the client’s expectations.
Te Wu, Founder & CEO