PMI-PMOCP practice question 13 of 15
After collecting PMO stakeholders' benefit expectations, the PMO VALUE RING provides:
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The PMO VALUE RING is a stakeholder-centric methodology for designing and managing a PMO. A core principle is aligning the PMO's services with the value expectations of its stakeholders. After identifying stakeholders and collecting their expected benefits, the methodology uses a collaborative process where stakeholders prioritize these benefits. Based on this prioritization, the methodology generates a recommended, balanced, and prioritized list of PMO functions (services). This ensures the PMO focuses its resources on delivering the functions that provide the highest perceived value to the organization's key stakeholders, rather than simply implementing a standard set of "best practice" processes.
B. The methodology considers all relevant stakeholders, not just upper management. The initial focus is on "functions" or "services," with detailed "processes" being defined later for the selected functions.
C. This inverts the logic of the methodology. The process starts by identifying stakeholders' expected benefits to determine which functions to offer, not the other way around.
D. Prioritization is explicitly driven by stakeholder-perceived value (expected benefits), not by a generic list of best practices. This stakeholder-centric approach is a key differentiator of the PMO VALUE RING.
1. Pinto
A. (2014). The PMO Value Ring: A new methodology for building and managing value-oriented PMOs. PMI Global Congress 2014—North America
Phoenix
AZ. Project Management Institute.
Page 7
Figure 5 - The Eight Steps of the PMO Value Ring Methodology: This figure explicitly shows that Step 4
"Balance the Mix of PMO Functions
" follows Step 3
"Define Stakeholders' Expectations." The description of Step 4 states
"Based on the priorities assigned by the stakeholders to the expected benefits
a balanced mix of functions is recommended for the PMO."
2. Pinto
A.
Cota
M.
& Levin
G. (2011). The PMO Value Ring: A new methodology for assessing PMO's performance. PMI Global Congress 2011—North America
Dallas
TX. Project Management Institute.
Page 6
Section "Step 4 – Balancing the Mix of PMO Functions": This section details how stakeholder-prioritized benefits are used to calculate a "value score" for each potential PMO function. The functions are then ranked to create a "recommended list of functions for the PMO
prioritized by their potential for value generation."
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Other PMI-PMOCP practice questions
- Question 1The balance of a PMO's mix of functions is fundamental because:
- Question 2Why can the performance indicators of each function have different relevance?
- Question 3Are the skills of a professional in PMOs the same as those of a Project Manager?
- Question 4In order to select the PMO functions. It is necessary to evaluate a set of important indi…
- Question 5Many PMOs fail due to a lack of sponsorship. This is a:
- Question 6The Benefit Adherence Indicator (BAI) demonstrates:
