About PMO
ROLL IT
Types of PMO:
1. Supportive PMO: As the name suggests they support you, the project manager, with templates, best practices and even training. This type of PMO cannot have much control over how project is managed.
2. Controlling PMO: This type of PMO is a bit more involved with project management.
3. Directive PMO: This type of PMO pretty much manages the project on its own and hence has complete control over how things are done.
6 Constraints of a Project:
Scope, Time, Cost, Risk, Resource, Quality
Three Types of Managers:
1. Functional Manager: A Functional Manager is responsible for a specific function of an organization, such as Finance, Customer Success, Sales, or Human Resources.
2. Operational Manager: Operations are 'ongoing' activities of an organization, and an Operations Manager is responsible for efficiently running Operations.
3. Project Manager: a project manager is responsible for leading the team that is achieving project objectives.
Three fundamental characteristics of an effective project manager are –
1. Knowledge
2. Performance
3. Personal Skills
What is project management?
Project management is the application of knowledge, performance and personal skills of a project manager to achieve project objectives.
Types of Organization:
1. Functional Organization: ...is where functional manager has complete control over the project. Functional manager decides everything - who works on the team, what is the budget, what is the plan, so on. Team members report directly to the functional manager.
2. Weak-matrix Organization: …is still structured around functional organization. Project managers have limited powers, such as chairing project meetings, certain reporting functions - depending on the practices in the organization. (Coordinator will have some powere where as Expediter will have zero power)
3. Balanced-Matrix Organization: ...is the one where management responsibilities are divided almost equally between functional and project manager.
4. Strong-Matrix Organization: A place where project managers feel a bit more comfortable - they control good part of the decisions on the project, including selection of resources and decisions on the budget.
5. Projectized Organization: ...is the one where teams are organized around projects. Project manager takes complete responsibility of the project, its deliverables and the team. Project team reports only to the project manager.
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