The Program Management Improvement Accountability Act (PMIAA):
Proactive Strategy for Federal Agencies and Contractors using Portfolio Management, 1-Day Seminar
Date & Location to be announced!
This seminar introduces the Program Management Improvement Accountability Act (PMIAA), public law 114-264, effective December, 2016. The Office of Management and Budget (OMB) will likely have next steps to support the PMIAA, and the coming impact for Government Agencies and Federal Contractors. PMIAA will institutionalize everything from defined career paths and executive sponsorship to a standards-based program management policy that spans the entire federal government.
This one day seminar will focus on developing a standards-based (using PMI ANSI standards) program management policy across the federal government. How will a “standards-based” law and coming policy affect your organization? The 4 tier ANSI standard structure will be reviewed with a focus on Portfolio Management, which has been increasingly used across federal agencies. The seminar will discuss how Portfolio Management is more than a portfolio approach to the Federal Capital Planning and Investment Control (CPIC) process or PortfolioStat review.
Participants will get the opportunity to see how portfolio management could link their programs/projects up to the specific goals/objectives in the agencies’ strategic plans and how governance through the Executive Review Committee (ERC) would be modified and the program level approach for business cases could evolve to portfolio views.
Outcomes:
- Participants will learn the fundamentals of the ANSI Standards (PMI’s Project, Program, Portfolio Management standards) and the four tier framework it outlines for governance.
- Understand how the new PMIAA law could impact each agency through a standards- based OMB policy. See how agency strategic plans, capital investment plans, and the framework used to manage related programs/projects could be impacted.
- Work through potential answers to upcoming questions such as: How is the four tier standards framework different from the current Agency approach? How can agencies’ strategic planning processes be impacted in a way that it supports a portfolio approach? How can acquisition and CPIC processes be integrated with the four tier ANSI Standard’s framework? How can Enterprise Architecture and Enterprise Risk Management be enhanced using portfolio management? How will PortfolioStat be affected by the portfolio reviews called for in the new law?
Who Should Attend: CIOs, Deputy CIOs, and CIO staff including IT planners, operations management and acquisition experts. Executives and managers of leading business programs that will eventually be held accountable to the performance of IT investments. Program Managers who are interested in the role of investment management within their programs. Federal Executives and Managers interested in gaining insight into the CPIC processes and practices, and understanding how it will impact agency IT service delivery and costs to their programs. CFOs, Deputy CFOs and staff, Chief Acquisition Executives (CAE) and Senior Staff, Program Executive Officers (PEOs) and their senior program managers
The Program Management Improvement Accountability Act (PMIAA):
Proactive Strategy for Federal Agencies and Contractors
using Portfolio Management, 1-Day Seminar
This event will be presented by Te Wu of PMO Advisory and John Driessnack of Olde Stone Consulting.
PMO Advisory LLC was founded by Dr. Te Wu who holds the following PMI® certifications: PfMP®, PgMP®, PMP®, and PMI-RMP® (Portfolio, Program, Project and Risk Management, Professional), and is an assistant professor at Montclair State University, while also being an adjunct at Stevens Institute of Technology, and Touro Graduate School of Business.
John Driessnack is a nationally known expert in Systems and Portfolio/Program management in the Federal/DoD/Intel acquisition environment. He was part of the Project Management Institute (PMI) pilot program for Portfolio Management Professional (PfMP) and has written white papers published by PMI. Background includes experience as a military officer on major ACAT1D Aircraft and IT/Intel program(s), Managing Director of senior consulting groups, researcher in economics of portfolio/program controls and industry structure, and instructor along with curriculum/program development and administration experience at Defense Acquisition University, American University, and industry professional groups and companies. Read John Driessnack’s PMI white papers at www.OldeStoneConsulting.com