PMO Guiding Principles
The ‘Ten Commandments’ of project management principles.
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Business value: The goal of all project work is to deliver business value.
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Judgment: Empower project staff to make decisions about methodology application and trade-offs between scope, schedule, and budget when necessary.
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Enterprise perspective: Consider the impact of project decisions on enterprise value, not just project or PMO objectives.
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Shared accountability: Create commitment to a shared vision of project outcomes.
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Stakeholder partnership: Establish personal connections with stakeholders based on leadership, trust, and credibility.
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Proactivity: Take a proactive approach to identifying and resolving project challenges.
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Risk management: Enable informed trade-offs between project and portfolio risks and potential rewards.
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Time management: Encourage project managers (PMs) to value time—both stakeholders’ and their own—when making project execution decisions and managing meetings.
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Cost efficiency: Calibrate resource use and project management costs with project needs and expected returns.
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Reuse: When possible, use existing processes and tools before creating or buying new ones.