Webinar recording

3 Ways Your PMO Can Give the Gift of Unlimited Upside

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About this webinar

Mike Hannan starts with a reframe: the people who fund projects are investors, not just stakeholders. Investors and project managers already agree on two things: earlier returns through faster completion, and dependable returns through reliable delivery.

They split on the third. Investors won’t back work with wildly uncertain timeframes, while project managers can’t see why worthwhile projects struggle to get funded. Mike’s three gifts, framed through A Christmas Carol, are how a PMO closes that gap:

  • Speed: stagger project starts around the most constrained resource instead of loading work from overall capacity alone.
  • Reliability: drop task-level commitments the customer doesn’t care about. Task dates invite padding, and work expands to fill the time allowed. Pool the uncertainty in one project-level buffer instead and let teams move as fast as they can.
  • Selection: use consistent logic, weighted criteria and informed human judgement so investment choices focus on organisational value rather than political bargaining.

The three depend on each other. Faster, more reliable execution makes estimates of timing, cost and return more credible. That gives investors greater confidence in funding decisions, while better selection raises the value of the work entering the system.

Mike’s bonus gift is purpose: help project managers see themselves as part of the engine producing investment return, not simply as keepers of schedule, budget and scope. That also recasts the PMO as steward of the system supporting speed, reliability and sound investment decisions, rather than as a compliance layer people groan at.

Research in context

A 1996 Harvard Business Review study of about a dozen companies applying process management to product development found that projects got done faster when organisations took on fewer at a time, and that relieving bottlenecks produced disproportionately large time-to-market benefits. In those companies, extra capacity paid off most at the bottleneck, supporting Mike’s case for pacing new work to the constrained resource rather than overall capacity.

How this connects to TransparentChoice

Mike’s framework raises a portfolio question: once you know which work matters and where capacity is constrained, which combination should actually go ahead, and when?

TransparentChoice connects those two parts of the decision. Leaders weigh what matters using structured, pairwise judgement, so the criteria behind each choice are visible and open to challenge.

The software then models funding and capacity by role, skill, team or other resource pool, shows where capacity is under pressure, compares feasible combinations and sequences selected work against time-phased capacity. Leadership can see which commitments fit and which should wait or change.

See how the software works.

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How much resource detail is enough?

Mike returns to the constraint question with Dan Dures and asks how much portfolio-level capacity detail leadership needs without recreating detailed resource planning. Watch: The Goldilocks of Project Portfolios.

What happens when the portfolio is carrying too much work?

Mike Hannan and Stuart Easton use traffic and relay-race examples to show why starting more work can slow completion, and why improving flow without prioritisation can mean finishing the wrong projects faster. Watch: Avoid Project Portfolio Disasters.

How can teams resolve resource conflicts without another escalation?

Mike Hannan shows how visible schedule buffers can help two projects competing for the same specialist coordinate directly, without waiting for a manager to arbitrate. Watch: Do PMOs Destroy Productivity?

Speakers

Michael Hannan, Founder and Principal Consultant at Fortezza Consulting
Michael Hannan
Founder and Principal Consultant, Fortezza Consulting

Mike Hannan is a co-author of the PMBOK® Guide – Eighth Edition and lead author of The CIO’s Guide to Breakthrough Project Portfolio Performance. He brings more than 25 years of project management experience across portfolio, programme, process and technology roles, including work with government agencies and Fortune 500 companies.

Stuart Easton, Founder & CEO at TransparentChoice
Stuart Easton
Founder & CEO, TransparentChoice

Stuart Easton is Founder & CEO of TransparentChoice. He works with leaders and portfolio teams on decisions about which investments and initiatives to fund, continue, change, defer or stop when priorities compete for limited funding and capacity. His work combines structured decision-making with practical portfolio choices.