The Value of a Programme Management Office
Dear Readers,
I found an excellent article on the Value of a PMO from Project Steps.
For your convenience I have summerised the article below.
What Value can a PMO (Programme Management Office) Offer?
Establish and deploy a common set of project management process and templates. These reusable components save time by allowing projects to start-up more quickly and with less effort.
The PMO builds and maintains the PM methodology and updates it to account for improvements and newly discovered best practices.
The PMO facilitates improved project team communication by having common processes, deliverables, and terminology.
The PMO sets up and supports a common repository so that prior project management deliverables can be candidates for reuse by similar projects. This helps to save start-up time.
The PMO is responsible for PM training. This training helps to build core PM competencies and a common set of experiences. This PMO training helps to reduce overall training costs paid to outside vendors.
The PMO coaches project managers to help keep projects from getting into trouble. At risk projects can be assisted by the PMO to mitigate further issues and risks.
The PMO serves as a tracking mechanism for basic project status information and provides a common project visibility report to management.
The PMO tracks organization-wide metrics on the state of project management, projects delivery, and the value being provided to the business by project management in general, and the PMO specifically.
The PMO is the overall PM advocate to the organization. This could include educating and selling management on the value of using consistent PM processes, or as a liaison to other business centers to provide project management training and support.
One fact is clear from the research I have conducted, a PMO is critical when it comes to supporting sound project management practices. The larger the project the more project management (PM) can help to bring about success. It is readily accepted that good Project Management processes support:
A) Reduced Cycle Time and Delivery Costs
B) Improved quality of project deliverables
C) Early identification of project issues, budget, scope and risks
D) Reuse of knowledge and the ability to leverage that knowledge on future projects
E) Improved accuracy of project estimates
F) Improved perceptions of the project management organization by our partners
G) Improved people and resource management
H) Reduced time to get up to speed on new project
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