Change Management is a critical issue for companies

Project and Change Management is a critical issue for companies dealing with transition or transformation in terms of goals, organization, processes, or technologies. And every company shall always be dealing with this kind of theme. That would mean it is constantly growing.

Thus, at Valuement, we have developed a systematic approach to planning and implementing effective change that allows us to control and ensure the adaptation of the operational model.

Industry statistics show that only 30% of organizational change initiatives are successful

Project Management Office & Change

Many cases prove the benefits of a PMO or Project Management Office. Indeed, companies with a strong focus on PMO & Change management can deliver 64% of their projects on time, compared to the 36% of companies without it.*

The Project Management Office works on standardizing processes, improving efficiency, and maintaining project management standards across the organization.

PMOs process and update project documentation and best practices, track metrics and offer training. They may also report the project’s progress to executives and stakeholders, help prioritize projects and ensure that all projects are in line with the overall business objectives of the enterprise.

The PMO is the keeper of documentation, guidance, and metrics for project execution, ensuring projects are completed on time and budget.

We can confidently say that most PMOs act as the backbone of a successful project management strategy in any organization. Most of them provide a bundle of critical services to their employer, such as:

• Governance: They make sure that the right decisions are being made by the right people based on the right information. This can also include auditing and peer reviews, developing project structure, and making sure there’s accountability.
• Transparency: Provides information that is relevant and accurate to support effective decision-making.
• Reusability: There is no reason to “reinvent the wheel,” so they are a depository of learned lessons, offering templates and best practices from previous successful projects.
• Delivery Support: Facilitate project teams and help them do their jobs more effectively and productively by streamlining process and bureaucracy, offering training, mentoring, and quality assurance.
• Traceability: They also manage documentation, project history, and organizational knowledge.