St. Louis, MO (PRWEB) September 18, 2010
Efficiently managing company projects can significantly improve an organization's bottom line. The Doe Run Company]'s project management office (PMO) was recently recognized among the world's best when it was named first runner-up for the 2010 PMO of the Year. The annual award is presented by PM Solutions and the Project Management Institute's Program Management Office Specific Interest Group.
"By exploring new and innovative ways to manage our business, Doe Run was able to weather the economic downturn and make significant strides in making the company stronger and more sustainable," said Bruce Neil, Doe Run president and chief executive officer. "We are honored that, in just three years, our project management program ranks with those of leading global companies."
For the 2010 PMO of the Year, Doe Run competed against more than 40 applicants from around the world, including state and federal agencies, major nonprofit organizations and Fortune 1000 companies. The award distinguishes a company for its success in developing and maturing a program that supports the effective management of projects. Doe Run finished second to IBM's Center of Excellence; other finalists included Auckland City Council's Program Office, in Auckland, New Zealand, and T-Mobile USA's Enterprise Program Office in Bellevue, Wash.
In 2006, Doe Run introduced an enterprise-wide project management program that prioritizes and manages the entire company's portfolio of projects, including construction, engineering, corporate and IT endeavors. The PMO manages approximately 40 projects at any point in time, ranging in size from $10,000 to $150 million. At the end of 2009, 95 percent of Doe Run's initiatives achieved business objectives, thanks to its project management structure devoted to the successful management of company projects.
About The Doe Run Company
Based in St. Louis, The Doe Run Company is a privately held natural resources company and the largest integrated lead producer in the Western Hemisphere. Dedicated to environmentally responsible mineral and metal production, Doe Run operates one of the world's largest, single-site lead recycling facility, located in Boss, Mo. The Doe Run Company and its subsidiaries deliver products and services necessary to provide power, protection and convenience. Doe Run has operations in Missouri, Washington and Arizona. For more information, visit http://www.doerun.com.