ACT Concepts

Coherence in Action

In his book Good Strategy, Bad Strategy , The difference and why it matters, Richard Rumelt laid out some subtleties about coherence in action.

• Together with the diagnosis and guiding policies, a coherent set of actions form the kernel of the strategy

• Actions should be coordinated with one another to work together in accomplishing the guiding policy

• Strategy does not need to point to all the actions that will be taken as events unfold, but there must be enough clarity about action to bring concepts down to earth

• Resource deployments, policies, and maneuvers that are undertaken should be consistent and coordinated. The coordination of action provides the most basic source of leverage or advantage available in strategy

PMO

PMO stands for Program, Project or Portfolio Management Office. It is an organizational unit which defines and maintains standards for project management. The existence, size and role of PMO varies across organizations. Some characteristics of PMO are below:

1. Functions: Governance, Delivery Support, Reusability, Transparency and Traceability

2. Prioritize initiatives based on defined criteria such as alignment with strategy, business value, complexity, effort etc.

3. Define the methodology to be followed: hybrid, waterfall or agile.

4. Resource management

5. Best practices for Project Management