Adopting project management offices to exploit the true benefits of project management
Adopting project management offices to exploit the true benefits of project management

Summary/Abstract: In today’s highly competitive business environment, organizations need to stay alert and act in a fast and efficient manner. Many organizations have discovered project management as a valuable asset for successful organization, enabling them to respond timely to the changes in the environment and to plan and organize resources to achieve the envisaged outcome. Given the need for a consistent project methodology many organizations have deployed a focused Project Management Office (PMO) as coordination body of the project management flow and advocate for project management. The goal of this paper is to demonstrate that adopting PMOs would ensure true guidance and support in the project management roadmap and true utilization of the benefits of project management. In this regard, this paper makes a direct correlation between the success criteria identified for projects and the contribution of the PMOs. Furthermore, it exploits the responsibilities of PMOs and how these responsibilities support the projects’ successful execution. Finally, giving insight into PMOs as a trending practice among the organizations nowadays, this paper attempts to examine the strategic possibilities as well as the benefits these organizations have witnessed from adopting PMOs as a precondition for successful project execution.

• Details
• Contents