The project management office (PMO) is gaining popularity for centralizing
IT initiatives within organizations. It could be time to consider
implementing a PMO in your company to keep IT projects on track, on
schedule, within budget, and in adherence to business strategies and goals.
What Role Does a PMO Play? To quote Intelligent
Enterprise, a PMO provides "visibility into the health of projects and
a support structure to help with project successes." The specific
duties of a PMO will vary depending on the organization and its industry,
but generally a PMO fulfills one or more of the following roles, as defined
by Gartner Group:
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Standardizes methodology for all IT projects across the company.
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Evaluates resource allocation and distribution to projects, without
conflict.
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Plans project scheduling, timelines, and completion dates.
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Manages project charters, deliverables, milestones, and status...