SAP PMO
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A Project Management Office (PMO)
is a team that sets and maintains the standards for project management within an organization. It is in charge of creating procedures and best practices that will help the organizations operations work smoothly. Functions often include control, training, coaching, and mentoring to support the project manager. This work provides the project manager more time to develop a project quickly. For large projects it can represent a considerable amount of savings per project, resulting in better customer satisfaction and productivity improvements.
A Project Management Office (PMO)
is a team that sets and maintains the standards for project management within an organization. It is in charge of creating procedures and best practices that will help the organizations operations work smoothly. Functions often include control, training, coaching, and mentoring to support the project manager. This work provides the project manager more time to develop a project quickly. For large projects it can represent a considerable amount of savings per project, resulting in better customer satisfaction and productivity improvements.
Key Capabilities of SAP PMO include:
- Choosing the right mix of projects, an element of strategic planning
- Linking executive strategies with ongoing and future projects
- Managing the product portfolio correctly
- Improving the results of projects, strategically aligned with the company objectives
The first step is from management to give a medium and long-range strategy, outlining the steps to be achieved. The PMO team often bridges the gap between the strategic vision of the company and the implementation.
SAP PMO performs the following tasks:
- Define the project type and project plan
- Initiate sprints
- Manage project issues and risks
- Manage project documentation
- Manage quality gates and sign off
- Close sprints
It is possible to improve the rate of successful projects in addition to those that come in under budget, meet time requirements, and meet milestones. A good PMO has the resources needed for delivery, has a plan, and holds meetings for town hall project updates. The definition of the roles and responsibilities of the PMO members are critical key factors for this success.
Success factors in the implementation of an SAP PMO include:
- Ability to define quantifiable measures
- Determining the right time to observe those results
- Making sure the PMO has the necessary resources
- Working to establish creditability in the organization
- Having a great project manager
Key considerations for SAPinsiders are:
- How to Design a Planner Workbench for Improving Planner Productivity. This article explains how the standard SAP ERP Central Component (ECC) interface helps production planners update different planning objects and parameters. Learn how to design an interface to help you improve productivity.
33 results
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- SAP PMO
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Boost Project Clarity and Flexibility with a PMO
Reading time: 9 mins
Management Projects that are governed in ad hoc fashion or hatched in chaotic environments have lower success rates. These failures can often be attributed to bureaucratic wrangling, or because established methods and procedures have not been fully adopted by all project team members. It’s a lesson Sam Gorham has learned well. An IT professional with...…
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Strong Program Management Office for a Successful SAP S/4HANA Migration
Reading time: 2 mins
In SAP S/4HANA migration projects, maintaining a broader perspective can be challenging due to the fast-paced nature and frequent emergence of new challenges. A structured risk management approach and a strong Program Management Office (PMO) are critical for project success. The PMO should focus on managing budget, timeline, and scope by implementing a coherent methodology,…
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How to Automate an Internal Control for Missing Bank Statements
Reading time: 22 mins
In today’s world, financial transactions are becoming virtualized and bank-related transaction flows are essential for organizations’ financial systems. Banks periodically (usually daily) send electronic bank statements to an organization that are imported into the system and processed to do reconciliations with the financial system. This process creates the need for tracking whether or not the...…
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What Every Cutover Manager Should Know to Ensure a Smooth SAP Implementation
Reading time: 20 mins
ManagementCutover is one of the final steps for a successful implementation of any SAP project — and one of the most complex and critical components. A clear understanding of the processes, communication plan, staffing plan, resource requirements, execution steps, and expectations can help drive a successful cutover. Learn what is entailed in this process, what...…
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8 Steps to Document Controls for Sarbanes-Oxley Compliance
Reading time: 14 mins
As an operational specialist, you might not have as much experience documenting internal controls as your counterparts in finance. The author of this article provides a step-by-step approach for the operational side of the business and explains the differences among the different types of controls. Public companies registered with the Securities and Exchange Commission (SEC)...…
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Realize Special Requirements for Revenue Recognition
Reading time: 20 mins
Revenue recognition is the main accounting principle affecting an organization’s financial statements. There are various rules and regulations governing this aspect and meeting those is necessary from both a legal point of view and a logical point of view. Learn about special International Financial Reporting Standards (IFRS) requirements for revenue recognition and how they can...…
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Tracking SAP Implementation Metrics with the Earned Value Management (EVM) Methodology
Reading time: 8 mins
ManagementEarned Value Management (EVM) is a method for calculating overall project progress in a single metric. See how an SAP consulting team is applying EVM to track project progress during a large banking implementation. The famous business adage holds that you cannot manage what you cannot measure. It’s a lesson that resonates with experienced SAP...…
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5 Best Practices for Building a Successful Relationship with Your Systems Integrator
Reading time: 11 mins
ManagementYour systems integrator (SI) is a key partner in your mission to build and maintain a successful SAP implementation. Your relationship with that SI must be cultivated and managed carefully in order to maximize your investment. Greg Brown of Black & Veatch shares five best practices for building a successful relationship with your SI. Managing...…
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Six Keys to Achieving the “Flawless Launch”
Reading time: 7 mins
ManagementIn the manufacturing world, a flawless launch is one in which a new product is brought through the 90-day start of production phase with no defects or delays. It is an elusive ideal, since manufacturers must — among other things — keep development costs on target, secure production part approvals, deliver samples on time, ensure...…
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The Ultimate SAP CoE Guide
Reading time: 18 mins
Find out how to transform your CoE from a support function to a driver or change in your organization.
Featured Insiders
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Aric Quinones
Managing Director, Protiviti
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Craig L. Brown, Sr.
Chief Transformation Architect, Xceleon, LLC
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Marc Auro
Managing Director, CUVIV UK
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