Approach: To Have or Not to Have a PMO
Results of Company’s not having a PMO…
❑ Missed deadlines. ❑ Delays to other Projects (due to resource, schedule and funding constraints). ❑ Potential Compliance Issues due to inability to track project related impacts across the Business. ❑ Decreased Credibility with Executives. ❑ Wrong Projects being done. ❑ Minimized benefits from larger Corporate Strategic Goals due to poor prioritization and alignment. ❑ Overrun budgets or under-qualified projects.
❑ Missed Financial opportunities. ❑ Frustrated Project Delivery staff.
Benefits to Company’s investing in a PMO…
❑ Reduced project Costs ❑ Increased organizational Performance ❑ Effectively assign Accountability ❑ Increased Profitability ❑ Improved Quality ❑ Better prioritization of projects and funding
❑ More efficient use of Resources ❑ Increased ability to manage scope ❑ Improved communication of organizational goals ❑ Projects are fully supporting Business and Technical Strategies ❑ Mentor and develop current staff to deepen project management and delivery skills ❑ Real-time Visibility throughout the program providing Management with meaningful and timely information ❑ A foundation that supports enterprise Portfolio Management
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