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Research Paper
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ortfolio Project is structured to help you demonstrate understanding of the course material, as well as the implications of new knowledge gained

INSTRUCTIONS TO CANDIDATES
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The purpose of the Portfolio Project is to synthesize current research about the project management office (PMO) of the STANDARD BANK OF SOUTH AFRICA for the purpose of developing a PMO recommendation. The Portfolio Project is structured to help you demonstrate understanding of the course material, as well as the implications of new knowledge gained from research beyond the course readings and lectures. Your Portfolio Project will be developed in three independent but cohesive sections, which considered in whole constitutes your PMO recommendation. The three sections are: Section 1: Subject Organization and Rationale (Subject Organization = Standard Bank of South Africa) Section 2: PMO Mission, Charter, and Competency Section 3: PMO Recommendations SECTION 1 AND SECTION 2 ARE COMPLETED. ONLY SECTION 3 NEEDS TO BE WRITTEN Based on your Section 1 choice, one of the two PMO recommendation options will be performed for your Portfolio Project assignment, which are described as: Option #1: Recommendation for the implementation of a new PMO - or - Option #2: Recommendation for the advancement of an existing PMO For Section 1 - Based on your research of the subject organization, substantively address the following key elements: Subject organization information: - Organization name (Standard Bank of South Africa) - Organization's mission, vision, and values statement - Industry type and organization demographics - Description of organization's culture - Executive sponsor and key stakeholders PMO business case: - Assessment of existing project management: a) Project management methods b) Project management tools c) Project management experience d) Project management maturity - Perceived PMO benefits for the organization: a) Overarching business rationale b) Long term measurable goals (2-3) c) First year specific goals and metrics d) Quantified value proposition (short and long term) For Section 2 - Based on your research of the subject organization, substantively address the following key elements: FOR SECTION 2....THE PMO BEGAN USING AGILE PROJECT MANAGEMENT. THEREFORE THE PMO BECAME AN "AGILE PMO" OR APMO. Develop the PMO/APMO's Mission and Vision including: - State the PMO/APMO' mission and vision. - Validate alignment with subject organization's mission and vision. - Designate key PMO/APMO stakeholders. Develop the PMO/APMO's Charter: - State the PMO/APMO's business purpose. - Describe the PMO/APMO's business alignment and affiliation. - Designate the PMO/APMO's empowerment authority. - Describe the PMO/APMO's fiscal management. - Identify the Charter approval. Relate to the PMO/APMO competency continuum - Designate the PMO/APMO competency continuum stage. - Justify the subject organization's designated PMO/APMO competency continuum stage determination. - Correlate the designated PMO/APMO competency continuum stage to the Organizational Project Management Maturity Model (OPM3). For Section 3 - Based on your research of the subject organization, substantively address the following key elements: Designate recommendations, with appropriate rationale, for each of the following PMO/APMO key elements: - PMO/APMO type - PMO/APMO structure - PMO/APMO culture - PMO/APMO project methods - PMO/APMO project tools - PMO/APMO governance - PMO/APMO risk management - PMO/APMO business integration - PMO/APMO global challenges - Other relevant PMO/APMO considerations Recommend professional development for PMO/APMO advancement - Apply aspects of the project manager competency development (PMCD) framework for the PMO/APMO's professional development. - Designate professional certification requirements. - Describe mentorship role. - Identify project and portfolio leadership SECTION 1 AND SECTION 2 ARE COMPLETED AND ATTACHED ONLY SECTION 3 NEEDS TO BE WRITTEN FEEL FREE TO ENHANCE SECTION 1 AND SECTION 2 AS NEED BE BUT CONCENTRATE ON SECTION 3. SECTION 3 NEEDS TO BE AT LEAST 8 PAGES (not including title page and references).

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