Wednesday, July 9, 2008

Project-based organizations, or PBOs,

As project managers are asked to take a more strategic focus and as organizational managers look for better strategy delivery results both with mitigated success, a well-integrated PBO could be a possible answer provided their structures give horizontal integration from business strategy to operational benefits and vertical integration between corporate objectives and the prioritized portfolio of projects. It is also very likely that the adoption of an integrated wide-scale project approach, including a governance-oriented project management office, will enable organizations to deliver value consistently for all their stakeholders and therefore promote the organizational project management concept.

Value delivery, Industrial Engineer June 2008,

Michel Thiry is managing partner of Valense Ltd. Thiry has more than 30 years of experience in strategic project management, value program support, and organizational change for large multinational organizations. He is a visiting professor at Henley Management College in the United Kingdom, University of Technology in Sydney, Australia, and Polyfinance Business School in Casablanca, Morocco. Thiry has been awarded the PMI Fellowship for his continued contribution to project management and was elected fellow of the Association for Project Management in 2007.

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