From the course: Delivering Results with a Business-focused PMO

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The importance of the business-focused PMO

The importance of the business-focused PMO

From the course: Delivering Results with a Business-focused PMO

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The importance of the business-focused PMO

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- What's the purpose of a project management office, or a PMO? That's a question people may find hard to answer. Oh sure, we talk about providing reporting, governance, and oversight, or of owning the project management methodology, maybe even training and coaching project managers, but that's not the purpose. That's just a list of actions the PMO does. For most PMOs, those created to oversee project delivery and provide governance and reporting, the purpose is never defined. Businesses create PMOs because they think they need to have some form of control function, but they don't think about what that means. As a result, the value of the PMO is hard to define and demonstrate. How do you show value when you don't know what your employer considers to be valuable? That's why many PMOs have shut down within a few years of being created. Executives don't feel they're getting a return on the investment they're making in the function. This is a never-ending cycle. PMOs are established, they…

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