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Driving Resource Management Decisions: A White Paper Guide For PMOs

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A new white paper from the resource portfolio management experts, ProSymmetry, focuses on how PMOs can drive executive engagement and decision making around resource management tools, technology, and strategy.

You can download the white paper here.

The Resource Management Conversation Guide is authored by Donna Fitzgerald, former Gartner Analyst and Chief Product Evangelist at ProSymmetry. The white paper takes a deep dive into how to achieve buy-in to resource portfolio management, drive the conversation up the food chain, and win the resources management tools your PMO needs.

Despite the myriad of toolkits now available to support PMOs more generally, resource management remains a difficult area over which to achieve visibility and control.

But, as we move into 2022, resource management is quickly shifting from an operational consideration to a key portfolio driver. And it’s an area that is becoming more – not less – complex to get to grips with.

Of course, COVID-19 is a key factor, with the pandemic freezing new hiring, causing employee burnout, and changing people’s perceptions of what work should look like. But there are other complexities too. As highlighted in our previous resource management interview with Prosymmetry’s Greg Bailey, Gartner’s 2021 TalentNeuron™ data reveals the extent to which skills shortages are biting across every sector.

That’s important – because resource management is about much more than just allocating man-hours. Portfolio delivery moving forwards will also depend on having the right people, with the right motivation and skills, in the right roles at the right time. And that’s before we even start to think about talent management, knowledge transfer, career development, experience levels, and all of those other factors that make human resources so invaluable to the business.

No matter how challenging it seems, it’s essential that PMOs everywhere get control and oversight of the resource portfolio and pipeline. According to Forrester, the right resource management tools and strategies can drive benefits including:

  • A 15% decrease in project failure rates
  • A 10% decrease in project overruns
  • A 15% decrease in project throughput times
  • A 10% reduction in number of low-value projects
  • A 25% reduction in administrative time

So, for PMOs, project professionals and portfolio managers, resource management is a vital component of delivering successful portfolio strategy, driving PPM success, and achieving a bigger win of the market share.

As well as reading the white paper, you can also explore other thought leadership including ProSymmetry’s 2021 webinar with PM Today’s Associate Editor, Amy Hatton and ProSymmetry’s resources section.

Amy Hatton
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