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Madrid, Spain Strategy, M&A
Associate
8 years experience
  • Project Management Office (pmo)
  • Financial Modeling
  • Business Strategy
  • M&A
  • +55
Hire FREDERICK
Dubai Investments Park - Dubai - United Arab Emirates Strategy
Analyst
10 years experience
  • Project Management Office (pmo)
  • Business Strategy
  • Business Development
  • Financial Analysis
  • +11
Hire Abood
Berlin, Germany Strategy, M&A
Senior
6 years experience
  • Project Management Office (pmo)
  • Business Strategy
  • M&A
  • Business Development
  • +11
Hire David
Toronto, ON, Canada Strategy, Private Equity
Associate
15 years experience
  • Project Management Office (pmo)
  • Project Management
  • PMO
  • Project Management Office (PMO)
  • +25
Hire Hussain
France Strategy, M&A
Senior
10 years experience
  • Project Management Office (pmo)
  • Financial Modeling
  • Business Strategy
  • M&A
  • +30
Hire Cyril
Düsseldorf, Germany Strategy, M&A
Associate
4 years experience
  • Project Management Office (pmo)
  • Financial Modeling
  • Business Strategy
  • M&A
  • +22
Hire Sven
Miami, FL, USA Strategy, Private Equity
Manager
4 years experience
  • Project Management Office (pmo)
  • Financial Modeling
  • Business Strategy
  • Financial Analysis
  • +5
Hire Muz
London, UK Strategy
Manager
5 years experience
  • Project Management Office (pmo)
  • Business Strategy
  • Project Management
  • Competitive Analaysis
  • +1
Hire Javier
Project Management office consultants play a role in managing and executing projects from a strategic level. Project management office consultants usually provide frameworks, templates, and methodologies for managing projects within an organization. 

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Frequently asked questions

What clients usually engage your Project Management Office (PMO) Consultants?

We work with clients from all over the world. Our clients range from enterprise and corporate clients to companies that are backed by Private Equity or Venture Capital funds. Furthermore, we work directly with Family Offices, Private Equity firms, and Asset Managers. Most of our enterprise clients have dedicated Corporate Development, M&A, and Strategy divisions which are utilizing our pool of Project Management Office (PMO) talent to add on-demand and flexible resources, expertise, or staff to their in-house team.

How is Fintalent different?

Fintalent is not a staffing agency. We are a community of best-in-class Project Management Office (PMO) professionals, highly specialized within their domains. We have streamlined the process of engaging the best Project Management Office (PMO) talent and are able to provide clients with Project Management Office (PMO) professionals within 48 hours of first engaging them. We believe that our platform provides more value for Corporates, Ventures, Private Equity and Venture Capital firms, and Family Offices.

Our Hiring Process – What do ‘Community-Approach’ and ‘Invite-to-Apply’ mean?

‘Invite-to-Apply’ is the process by which we shortlist candidates for the majority of projects on our platform. Often, due to the confidential nature of our clients’ projects, we do not release projects to our whole platform but using the matching technology and expertise of our internal team we select candidates who are the best fit for our clients’ needs. This approach also ensures engagement with our community of professionals on the Fintalent platform, and is a benefit both to our clients and independent professionals, as our freelancers have direct access to the roles best suited to their skills and are more likely to take an interest in a project if they have been sought out directly. In addition, if a member of our community is unavailable for a project but knows someone whose skill set perfectly fits the brief, they are able to invite them to apply for the role, utilizing the personal networks of each talent on our platform.

Which skills and expertise do your Fintalents have?

The Fintalents are hand-picked and vetted Project Management Office (PMO) professionals, speak over 55 languages, and have professional experience in all geographical markets. Our Project Management Office (PMO) consultants’ experience ranges from 3+ years as analysts at top investment banks and Strategy consultancies, to later career C-level executives. The average working experience is 6.9 years and 80% of all Fintalents range from 3-12 years into their careers.

Our Project Management Office (PMO) consultants have experience in leading firms as well as interfacing with clients and wider corporate structures and management. What makes our Project Management Office (PMO) talent pool stand out is the fact that they have technical backgrounds in over 2,900 industries.

How does the screening and onboarding of your Project Management Office (PMO) talent work?

Fintalent.io is an invite-only platform and we believe in the power of referrals and a closed-loop community. Members of our community are able to invite a small number of professionals onto the platform. In addition, our team actively scouts for the best talent who have experience in investment banking or have worked at a global top management consultancy. All of our community-referred talent and scouted talent are subject to a rigorous screening process. As such, over the last 18 months totaling more than 750 hours of onboarding calls, of which only 40% have received an invite-link after the call.

What happens if I am not satisfied with my Project Management Office (PMO) consultant’s work?

During your initial engagement with a member of our Fintalent talent pool with no risk. If you are not satisfied with the quality of your hire for any reason then we are able to find a replacement at short notice. There is no minimum commitment per project, but generally projects last at least 5 days and can last 12+ months.

We are a community-based M&A staffing platform.

With our platform, you can fill full-time M&A roles, or staff your team with a Project Management Office (PMO) expert when you need an extra hand.

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Everything you need to know about Project Management Office (PMO)

In 2020, statistics showed that 89% of companies had at least one Project management office. Most project failures are due to poorly defined objectives and pathways, faulty strategies, poor discipline, and lack of ownership. 

Without a process to check for project lapses, most projects stand a chance of failing. This is where project management offices come in handy. Thus, this brief piece is a broad overview of everything you need to be aware of regarding project management office.

Read on.

What is a project management office?

A project management office is a department or group that defines, maintains, and ensures standard organizational project management practices. Project Management offices are either internal or external. This office keeps tabs on projects and provides direction, metrics, and indices in project execution. 

A project management office aims to create efficiencies between projects by operating a coordinated and centralized management hub for all the projects. Project management office software can derive data and insight into organizational projects. 

Through professional recommendations, the Project Management Office helps organizations add value to their stakeholders through projects and portfolios, increasing the return on their investments.

Functions of a Project Management Office

Project management offices are the backbone of any organization’s successful project management approach. They offer support and ensure the success of the projects executed by the organization. 

The main functions of PMOs include governance, transparency, delivery support, templates, and methodology. Furthermore, they manage documentation, project history, and organizational knowledge. 

They also encourage reusability within the organization. They create a depository that includes templates, lessons learned, and best practices from previous successful projects.

What do project management office consultants do?

Project Management office consultants play a role in managing and executing projects from a strategic level. Project management office consultants usually provide frameworks, templates, and methodologies for managing projects within an organization. 

They help control the project management resources needed to maintain and deploy projects. Project management office consultants play multiple roles in an organization. Some of these roles include

Governance

Project management office consultants help to set the best practices for developing programs across an organization. They focus on procedures by standardizing PMO methodologies that are necessary across multiple departments. 

They also ensure that the right people make the right decisions, always using the right information. Auditing, project development structure, peer review, and ensuring accountability are other ways they carry out this function. 

Coaching

PMO consultants train and mentor team leads as well as project managers. They aid the other project team members in doing their jobs more effectively by streamlining processes and bureaucracy, offering mentoring, training, and sometimes quality assurance. 

This process increases the value of the team’s skill set while also ensuring the best project management practices are adopted. Subsequently, the team has the total capacity to steer the project in the right direction. 

Strategic planning

PMO consultants help the senior management team prioritize projects based on long-term goals. They assist in allocating resources based on priority and their impact on the organization. 

Usually, these consultants have the expertise to estimate the resources needed for a project and optimize the use of the most expensive resources. They use PMO software to run simulations and what-if analyses to make these optimizations as accurate as possible.

Managing Resources

The PMO consultant also manages the interdependencies between multiple projects, helping minimise errors and resource waste. They create teamwork among project managers. Financial resources form a pillar of project execution. 

PMO consultants usually develop and manage project budgets, track expenditures, and ensure transparency. They audit the financial reporting process and assist project managers with invoice and billing challenges. 

A PMO consultant may also be responsible for human resource management. This may include hiring and recruiting project managers and other team members. They may also be responsible for training and development, performance management, and succession planning.

Project Management Office Software

Project management software is used for project planning, resource allocation, and scheduling. It gives project managers and members of the team control over budget, quality management, and documents exchanged throughout a project. This software also enhances collaboration among project stakeholders.

Top project management software share several features in common. Some of these features include file sharing, which involves sharing and organizing key documents relating to the project. 

Smooth and easy communication, task lists, scheduling, and reporting, which are critical in project management, are also provided by top PMO software.

Below are three popular project management software used by organisations.

Meister Task

Meister task’s kanban structure aids the smooth management of projects. Due to its wide range of capabilities, this software is popular for teams that value clean visual design and user experience. 

Meister task offers features like watching, mentioning, tags, task scheduling, and a personal board to which tasks from any project can be pinned and organised. This makes it simple, enjoyable, and easy to collaborate with colleagues either in-house or in-home office.

Nifty

Nifty greatly reduces project development cycles and improves team productivity. Nifty software allows users to manage tasks through list view or Kanban. Its calendar feature is easily integrated with google, making it easy to schedule tasks. 

Nifty also offers file sharing and makes communication seamless because each project has an individual discussion channel, encouraging project-specific communication.

Trello

Trello is an online kanban tool used for project management. With Trello, one can visualize an entire project in one view. Trello also allows users to move their cards around on their dashboards. Allocation of tasks and information display is done using these cards, which are accessible to any team member.

Asana

Asana project management software offers tasks, projects, conversations, and dashboards to keep work organized. A peculiar feature is the ability to create custom features peculiar to a particular user. The software also offers “Team pages” for conversations and ideas and a “Smart Box” for important project updates. 

Conclusion

Project management offices form an integral part of an organization. They are key to ensuring the success of the projects of the organization. They facilitate the planning and implementation that brings a project from conception to complete execution. 

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As a founder CEO, I’ve been evaluating our exit readiness and other options. Fintalent.io provided me with an expert who helped me to understand the value of our business. He took a closer look at our internal KPI and structures, to make sure we’re set up in the most professional way possible.

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Bernd Bube
Founder & CEO, Advendio

»Our Fintalent was incredible. He always went a layer deeper. We now consider Fintalent a partner on all our new projects.«

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Tiara Letourneau
CFOO, Rewrite Capital

»Fintalent gives me access to high potential strategy and M&A professionals, efficiently and fast. Their quality is unmatched in the industry. Fintalent is here to fundamentally change the way companies run high-impact M&A projects.«

Melik Salmi
Seyfi Melik Salmi
Senior Director Corporate Development & Strategy at SAP