Making the PMO a valuable asset to the organization – Part 1
In the dynamic business environment today, project management is not just about execution any more. Organizations are looking to reduce costs, optimize processes, improve productivity, and strengthen bottom line. When dealing with multiple projects of diverse nature, organizations often tend to lose the plot. This has led companies to turn to Project Management Offices (PMOs) as a way to boost efficiency, reduce costs, and enhance project delivery metrics. The PMO oversees and manages the entire spectrum of projects and provides support in terms of people, processes, tools and timely interventions, to ensure projects are heading in the right direction. This drives high standards project management rigor through process excellence, resource management, customer experience and technology adoption.