Originally posted by northernladuk
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Reply to: PMO - what is it?
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Previously on "PMO - what is it?"
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Only this - you're glad when a bad PMO isn't involved in a project but you'll do everything to get a good one on board.Originally posted by northernladuk View PostA PMO can make or break a project IMO. A bloody good PMO can make a huge difference if they are carrying out the correct roles well. We have two on this project and they are worth their weight in gold.
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A PMO can make or break a project IMO. A bloody good PMO can make a huge difference if they are carrying out the correct roles well. We have two on this project and they are worth their weight in gold.
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That is true I guess, ISTR the junior traders used to be on 5% commision for deals whereas the senior ones were on +/- 10% and the head ones were on more but, to be fair, that is going back about 10 years! One of the senior guys mentioned that it was mainly luck and having nerve, you only have to be right 51% of them time etc.Originally posted by aussielong View PostMUN- most traders are monkeys putting on client orders. I earn twice what most of them do. Only the head traders make serious dough. If you can get stuff working fast, reliably, you can contribute more to the bottom line than a lot of traders. Lot of rich traders are simply lucky that they got put on a big deal, and got big commission off it.
One of them made an absolute fortune on a trade when he guessed right and invested very heavily. Afterwards he simply told everyone "I don't give a **** what happens for the rest of the year!" and then spent the aftenoon in the pub. If only I had got into the industry a few years earlier!
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They are there to look nice and massage the egos of senior management.
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Ex-Partner is PMO. It provides the ideal outlet for her nasty Nazi control-freakery and micromanagement and creates a suitable illusion of doing something important with spreadsheets. Predictably, she used to work in HR.
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MUN- most traders are monkeys putting on client orders. I earn twice what most of them do. Only the head traders make serious dough. If you can get stuff working fast, reliably, you can contribute more to the bottom line than a lot of traders. Lot of rich traders are simply lucky that they got put on a big deal, and got big commission off it.Originally posted by MyUserName View PostI thought that the traders were the kings in the front office investment banking world?
Minestrone- Have you worked out what your program does yet you thick twat.
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they wear nice clothes, are female, look like they boss the developers about and hob nob with management. They are higher up the pecking order than you!
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I thought that the traders were the kings in the front office investment banking world?Originally posted by aussielong View PostPM? There is no PM. This is front office investment banking. Developer is king here pal. You wouldnt survive in this jungle.
These PMOs don't have any useful project knowledge.
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Even if they were secretaries YOU don't ask them for stationary that's so 1980s.
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Originally posted by aussielong View PostThe PMO ladies in this bank I'm at have more attitude than HR. It's glorified secretary work isn't it? They think they are real players.
I'm not sure what they do. So I asked one of the long term
Staff here and he said 30 years ago they would of been called secretaries.
You can't ask them for stationary. You get "how would I know" and they just stare blankly while they try and make their point passive aggressively.
I would imagine the cleaners would have a legitimate claim to being 'real players' when they meet you in the office.
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Interestingly enough I when I was a PM I often got shouted at by pointless d1ckeds because I was too quick to go to development and apparently we had not explored all of the requirements fully.Originally posted by aussielong View PostPM? There is no PM. This is front office investment banking. Developer is king here pal. You wouldnt survive in this jungle.
These PMOs don't have any useful project knowledge.
So actually sounds like just the environment I would survive in - however sadly I no longer PM!
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AKA Service Delivery Managers, they are glorified admins though on par with company secretaries but usually more with the brain power of HR
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They've probably been warned about the cleaner nicking pens.Originally posted by aussielong View PostThe PMO ladies in this bank I'm at have more attitude than HR. It's glorified secretary work isn't it? They think they are real players.
I'm not sure what they do. So I asked one of the long term
Staff here and he said 30 years ago they would of been called secretaries.
You can't ask them for stationary. You get "how would I know" and they just stare blankly while they try and make their point passive aggressively.
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PM? There is no PM. This is front office investment banking. Developer is king here pal. You wouldnt survive in this jungle.Originally posted by original PM View Postjeez
PMO
Project Management Officers
They effectlvely ensure the project runs smoothly, ensure admin is done, ensure meetings are booked, fill in for PM when PM unavailable.
They are not 'glorified secretaries' (although I might add that a decent secretary is worth his/her weight in gold) nor do they have the key for the stationery cupboard
Is it just because they happen to be female that you have decided they are there to run the stationary cupboard and make tea
you firkin bellend
These PMOs don't have any useful project knowledge.
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