PMOs also help projects in these aspects ( Source): New competitors are emerging every day, thus the competition is getting fiercer, so organizations need to gain an advantage by continually improving their processes and introducing standardized processes to accelerate their time-to-market. The most appealing argument is obviously that PMOs help minimize costs, and increase efficiency and productivity. We’ve briefly touched upon the benefits of having a PMO in the teaser.
Your project office software#
Other responsibilities include the selection and implementation of software (such as project management tools). This is why a PMO also serves as a source of information and knowledge for the project manager and team. They offer training programs to ensure compliance, but also to increase the productivity and efficiency of team members. The PMO also has a controlling function, making sure that the project team adheres to the established processes and methodologies. In general, PMOs support project managers and teams in the implementation of the project. The purpose of the PMO is to increase business value by optimizing project processes and as a result increase organizational efficiency, introducing business standards and methods, and more importantly, ensure that staff complies with these standards. The PMO makes sure that projects are aligned with the organizational business strategy. Purpose and function of PMOsĪ project management office, often abbreviated as PMO (not to confuse with Program Management Office, or Portfolio Management Office, which are also called PMOs or the Project Office (PO)), is a department or a group in an organization that is responsible for establishing and maintaining standardized processes, methods and policies in the organization. This is why many consider establishing a project management office in their organization.
They also strive to improve processes, reduce costs, and become more competitive in the process.
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