PMOs under pressure

The average life span of a project management office (PMO) is two years. This article features two project professionals discussing why so many fail and how to make them work. In doing so, it cites the 2010 research report The Project Management Office (PMO): A Quest for Understanding, showing that the average life span of a PMO is only two years and emphasizing the need for the PMO to be closely aligned to the organization and executives, to understand business drivers and what's going on to consistently demonstrate value. It explores how PMOs must match the organizational and business needs, and discusses portfolio management. Furthermore, the article notes the placement of the PMO in the organizational hierarchy as a determining factor in its success. If an organization has multiple PMOs, the article recommends that each one has a clear mandate and understanding of what it is trying to achieve and how they work together. In addition, it identifies the four basic requirements for PMOs. It suggests that PMOs
registered user content locked

Log in or join PMI to gain access

or Account Registration

Advertisement

Advertisement

Related Content

Advertisement

Publishing or acceptance of an advertisement is neither a guarantee nor endorsement of the advertiser's product or service. View advertising policy.