2016 PMO of the Year – A Winning Approach
The Project Management Institute, a non-profit professional organization, is based in the United States. They offer services to help you develop standards in a professional setting. PMI organizes seminars and conferences, and offers accreditation for project management. Each year, the PMI honors organizations who excel in project management. This award is the prestigious PMO Award of the Year.
A project management office, also known as a PMO, is a group of people or departments within an enterprise. They are responsible to maintain the PMI guidelines. The PMO adheres to industry standards. A PMO that has demonstrated exceptional skills in project management is awarded the PMO of Year. It recognizes the efforts made by a PMO to achieve organizational excellence through strategic initiatives.
Three companies will be shortlisted for the award, of which one winner is chosen. The award will be presented to one recipient. These three companies represent excellence in organizational governance, execution in management, and practices.
BC Hydro, an electric utility based in British Columbia (Canada) was the winner of the PMO of the Year 2016. The company was concerned about climate change and wanted to reduce its carbon footprint. It spent $25 billion Canadian dollars to improve its infrastructure to become carbon neutral. BC Hydro’s Project Management Office (PMO) centralized their project delivery process. To achieve outstanding project execution, they used PMI’s Organizational Project Management Maturity Model. They were able identify risks and reduce project failures.
BC Hydro’s PMO team ensured that PMI principles were followed throughout the governance process. They ensured that there was a clear vision for project delivery, keeping in mind the long-term benefits. They were able to win the award for 2016 because of their approach to project execution. Parker Aerospace and Entel were also finalists. BC Hydro won the award due to its strong governance and efficient project execution.