Portfolio Management in the Rolls-Royce Engineering Improvements Centre
On Thursday 24th April the North East branch welcomed John McGregor and Dean Hall of the Rolls-Royce Engineering Improvements Centre of Competence who presented their approach to managing a mixed portfolio of engineering improvement projects and programmes.
The Rolls-Royce Engineering Improvements Centre of Competence delivers a mixed portfolio of engineering improvement projects and programmes ranging from small single-user process improvements to multi-million pound global life cycle management programmes.
This presentation covered the challenges of managing a varied pipeline of opportunities into a dual funded portfolio and how the particular need to have a flexible model suitable for engaging with – and getting results from - a wide range of global internal and external project managers has been addressed.
In setting up the portfolio, which runs with a very small PMO team, great use is made of Microsoft tools to drive consistency and ease of information management and this was demonstrated during the session.
The PMO has been undergoing a significant transformation and central to this has been the development of a strong portfolio management process.
John and Dean's presentation can be viewed below: