The foundation of the PMO is changing. This means it’s an incredibly exciting time to build a new PMO (or refactor a current one).
With these 8 steps, you’ll construct a Project Management Office that’s aware of its responsibilities, dependencies, stakeholders, and - most importantly - potential.
But, like anything in life, nothing’s set in stone. Once your build’s complete, continue to measure the success of your PMO. Then, use the lessons learned to implement continuous improvement at a controlled pace your organization can keep up with.
A Project Management Office (PMO) is a group or department within an organization. Their duties involve: managing project portfolios, standardizing project management methodologies and frameworks, delivering project status reports, facilitating project approval processes, and more.
With 71% of businesses containing at least 1 PMO, we’re certain you’re no stranger to the concept.
That said, if you’re reading this white paper, we can assume one of two things:
- You’re about to build a new PMO and want to make it a success.
- You want to improve the performance of your current Project Management Office (or offices).
But before you can get to work and build (or reform) your PMO, you must answer this one question: