Project Management Institute

Burden or benefit

Today's organizations are demanding that every proposal--including investments in project management offices (PMOs)--first outline a realistic ROI. This article reports the results of a November 2008 survey conducted by ESI International, one that identifies the main ways in which executives are challenging plans to invest in PMOs. In doing so, it describes why the PMO in Siemens product lifecycle management (PLM) software is deemed, as the author notes, "fit for purpose." It discusses the evolution of this PMO, noting how the PMO's team was able to establish an organizational perception that this PMO supported the organization and was not an administrative overhead. It defines this PMO's purpose and its method for establishing a good relationship with Siemens management.
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