A PMO can be the razor sharp point of your Project management spear or one of those medieval weapons no one knows how to use and you just hurt yourself trying. The difference is entirely up to you.
In any project management environment, installing a Project Management Office to oversee all projects is a popular approach (and a good idea to boot). Before we discuss how you set up a PMO, we need to talk about why they exist.
A PMO’s core responsibility is to ensure your project resources (cash, people, etc.) are adding the most value they possibly can. More practically, a PMO is a function that monitors new and existing projects and makes “Go” vs. “No-Go” decisions on them.
Now that you know what it’s really for, allow me to offer six critical aspects of a successful PMO. I’ll cover three of the steps today and three in the next post.
Anyway, let’s get started with the first three steps to PMO success: