HSA 4191 Chapter Notes - Chapter 11: It Portfolio Management
Document Summary
These high-functioning portfolio management capabilities are being formalized in many leading healthcare organizations via the establishment of an hit pmo. The functions of a pmo include but are not limited to the following: Issuing regular communications to project stakeholders and the rest of the organization regarding: The entire portfolio: providing authoritative management and oversight of all projects within the portfolio, serving as staff support to the hit governance of the organizations, including: Performing portfolio analyses as requested by hit governance. Recommending hit investments: creating metrics and dashboards to facilitate transparency. These tasks can be accomplished without putting in place a formal pmo, but a number of consultants and researchers suggest that organizations that institute a pmo have a competitive advantage over those that do not. Establishing a pmo is not a quick fix to whatever project management challenge the organization is facing.
