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Chapter 16
Oversight
McGraw-Hill/Irwin
© 2008 The McGraw-Hill Companies, All Rights Reserved
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Project Oversight
A set of principles and
processes to guide
and improve the
management of
projects.
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Oversight (cont.)
 At
the Organization Level:
Project
selection
Portfolio management
Assess and elevate maturity level of project
management system
Review progress on strategic priorities
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Oversight (cont.)
 At
the Project Level:
 Review
project objectives
 Resolve issues raised by project manager
 Track and resolve bottlenecks
 Review status reports
 Audit and review lessons learned
 Authorize major scope changes
 Cancel the project
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Project Office
 Unit
responsible for:
Supporting utilization
of project
management
methodologies
 Training and
assistance in project
management
 Documentation and
champion of best
practices

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Project Portfolio Cost Summary
Report
FIGURE 16.1
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Project Portfolio Schedule
Summary Report
FIGURE 16.2
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Phase Gate Methodology
A
structured process to review, assess,
and document outcomes in each project
phase and to provide management with
information to guide resource deployment
toward strategic goals
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Phase Gate Process
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Project Management Maturity Model
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Unresolved Issues
How far can virtual project
management evolve?
How do we manage projects
under high levels of uncertainty?
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Project Management Career Issues
Career Paths
Temporary
Assignments
Pursuing a Career
Professional
Training and
Certification
Gaining Visibility
Mentors
Success in
Key Projects
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Key Terms
Balanced Scorecard
Mentor
Oversight
Phase gating
Portfolio management
Project management maturity
Project office (PO)
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