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Business
Management
Skill No. 2 - Project and Portfolio Management Description: The application of knowledge, skills, tools and techniques to project activities to meet project requirements and ensure projects are delivered on time and on budget. Depending on where a project fits in Gartner's BPM Sweet Spot Framework, skills may require more of a "build for change" than a "build to last" mentality (see "Two Factors That Help Identify the BPM 'Sweet Spot"). Responsibility: Project managers are responsible for balancing a BPM project's time, cost and resource constraints against desired business outcomes and alerting the process owner to problems. The project manager works with the process owner to select a "build to last" or "build for change" approach and should also work closely with the enterprise program management office (PMO) to share knowledge and experience on project delivery and benefits. 5,6 Source: Program managers, and (enterprise) PMO and project managers.

Skill No. 2 - Project and Portfolio Management Description: The application of knowledge, skills, tools and techniques to project activities to meet project requirements and ensure projects are delivered on time and on budget. Depending on where a project fits in Gartner's BPM Sweet Spot Framework, skills may require more of a "build for change" than a "build to last" mentality (see "Two Factors That Help Identify the BPM 'Sweet Spot"). Responsibility: Project managers are responsible for balancing a BPM project's time, cost and resource constraints against desired business outcomes and alerting the process owner to problems. The project manager works with the process owner to select a "build to last" or "build for change" approach and should also work closely with the enterprise program management office (PMO) to share knowledge and experience on project delivery and benefits. 5,6 Source: Program managers, and (enterprise) PMO and project managers.

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Skill No. 2 - Project and Portfolio Management Description: The application of knowledge, skills, tools and techniques to project activities to meet project requirements and ensure projects are delivered on time and on budget. Depending on where a project fits in Gartner's BPM Sweet Spot Framework, skills may require more of a "build for change" than a "build to last" mentality (see "Two Factors That Help Identify the BPM 'Sweet Spot"). Responsibility: Project managers are responsible for balancing a BPM project's time, cost and resource constraints against desired business outcomes and alerting the process owner to problems. The project manager works with the process owner to select a "build to last" or "build for change" approach and should also work closely with the enterprise program management office (PMO) to share knowledge and experience on project delivery and benefits. 5,6 Source: Program managers, and (enterprise) PMO and project managers.
Transcribed Image Text:Skill No. 2 - Project and Portfolio Management Description: The application of knowledge, skills, tools and techniques to project activities to meet project requirements and ensure projects are delivered on time and on budget. Depending on where a project fits in Gartner's BPM Sweet Spot Framework, skills may require more of a "build for change" than a "build to last" mentality (see "Two Factors That Help Identify the BPM 'Sweet Spot"). Responsibility: Project managers are responsible for balancing a BPM project's time, cost and resource constraints against desired business outcomes and alerting the process owner to problems. The project manager works with the process owner to select a "build to last" or "build for change" approach and should also work closely with the enterprise program management office (PMO) to share knowledge and experience on project delivery and benefits. 5,6 Source: Program managers, and (enterprise) PMO and project managers.
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