4 Guiding Principles of an Effective PMO – Finding the Sweet Spot
We outline the four guiding principles of an effective PMO, emphasizing cultural alignment, resource allocation and flexibility.
Execute tactics and strategies with an optimized PMO.
According to Gartner, 38 percent of surveyed project management leaders stated that a “misalignment between enterprise strategy, investment decisions and day-to-day execution” prompted their company to create a portfolio, program or project management office (PMO).
If your business wants to develop its capacity for end-to-end strategy execution and value realization, it’s time to build or transform your PMO.
Gone are the days when PMOs simply monitored program progress and managed project tasks. Today’s most successful PMOs not only control business cadence and compliance with agility, but also actively deliver business outcomes. They help businesses skillfully implement strategic programs and projects, maximize resources, minimize risks and achieve results.
An efficient and effective PMO can translate your high-level business strategies into an action-oriented and results-driven portfolio of projects. When your PMO team is fast and flexible, your business can rapidly adjust to changing circumstances while delivering successful results.
Our Enterprise Portfolio and Program Management experts provide the benchmarking data, best practices and experience-based insight you need to create or optimize your company’s PMO. Our PMO consulting services help play a role in reshaping your enterprise strategy, operations and culture with a comprehensive and collaborative approach to project portfolio management (PPM).
