Recent surveys indicate that more than 50% of Project Management Offices (PMOs) [1] have been in existence for less than two years. Although PMOs are created at a high rate across industries and sectors it seems that PMOs also close (often cited as a response to budgetary constraints) or radically transformed at a similar rate. It transpires that PMOs have limited time to showcase the value they add to the organisation and justify their existence before they are seen as ‘overheads’ by the stakeholder and the project management communities they are designed to serve.
The role of the PMO and the value it brings to an organisation varies according to the stakeholders’ vision, needs and desires. They can perform valuable activities (for example supporting management decision-making) and/or add value to the organisation (for example improving project delivery performance reducing re-work and enhancing delivery on time and on budget within the quality constraints).
PMOs can generally perform
The value that PMOs bring to the organisation is very much dependent on the role the PMO was established to fulfil:
So, what strategies can PMOs employ to bring innovation in their roles and ensure that they remain relevant to the organisation they serve?
From experience, the priority of successful PMOs is to understand what their stakeholders expect of them and the metrics that are going to be used to assess their performance, safeguarding stakeholder buy-in.
PMOs, as the organisation they serve, must constantly evolve to ensure alignment with the organisation’s strategy and needs remaining relevant, valuable and value adding.
[1] https://mosaicprojects.wordpress.com/7930526410/pmo-survival/
Costas Chryssou
MBA, PhD
Founder and Managing Director
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