January 2025

What is a VMO, really?

For more than 25 years now, we have heard that organization must be more project-oriented, most organizations now have a PMO (Program/Project Management Office), recently, in the project management world, the new “fad” has become value! Everybody talks about the VMO and writers and consultants are promoting a shift “from PMO to VMO”.

But… not many of these value proponents understand Value beyond its financial meaning of Dollar Benefits vs Cost. So, the question is: what can the Value Community bring to the table?

Larry Miles defined value as Quality vs Cost, from there the definition has widened to encompass Satisfaction of the stakeholders’ (Customers) needs vs the resources required to satisfy those needs. More recently Lean concepts have added the concept of a Value Stream trying to weed out waste from the process of satisfying stakeholders’ needs and expectations.

In this presentation Michel presented a dynamic view of the VMO (Value Management Office or Organization) that is in line with the current complex context of organizations and the long history of Value Management.


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