Consolidated Edison’s Frank La Rocca did such a great job setting up an enterprise PMO to handle a $200 million portfolio that the energy company has asked him to do the same for $2 billion of spend. What made him so successful? La Rocca understood early on that he had to have the portfolio transparency to know what projects were underway and the financial metrics to gauge their performance. He had to make changes to ensure he had the information he needed to make smarter portfolio decisions from selection forward.
