Question

If the Total Dollar Business Value Completed of a Portfolio is a key value metric for executives, how, as a PMO leader, would you try to improve it every year?

Answer 1

If the Total Dollar Business Value that is completed or attained by a portfolio is the key value metrics for executives this implies that the PMO leader should improve it in the following ways:

1.        They should set targets for a higher valuation

2.        They should have skill training for continuous improvement of productivity

3.        The employees performing well could be provided with the ESOP options

4.        The business value generated by each employee should be analysed as a basis for appraisal and promotions.

5.        The employees should be continuously motivated in the form of organizational awards, other perks, and benefits being provided to them.

6.        The project should be set with a small deadline so that all the opportunities could be tapped thereby generating value addition teams.

7.        Continuous evaluation of teams should be made.