The evolving role of Project Management Offices (PMO)

The role of the Project Management Office (PMO) is changing as organizations recognize the need for effective project management to achieve their strategic goals. Here are some of the changing roles of the PMO:

  1. Strategic Focus: The PMO is becoming more strategic in its focus, working closely with senior leadership to align projects with organizational goals and objectives. This involves providing strategic guidance, setting priorities, and ensuring that projects are aligned with the organization’s overall strategy.
  2. Value Delivery: PMOs are increasingly focused on delivering value to the organization. This includes measuring the benefits of projects and ensuring that they deliver a positive return on investment. The PMO also works to ensure that projects are completed on time, within budget, and to the desired quality standards.
  3. Risk Management: The PMO is becoming more involved in risk management, identifying potential risks and developing mitigation strategies. This includes ensuring that projects are aligned with the organization’s risk appetite and that risk management processes are integrated into project planning and execution.
  4. Knowledge Management: PMOs are increasingly responsible for knowledge management, ensuring that project information is captured, stored, and shared effectively. This includes developing project management methodologies, templates, and tools, and ensuring that best practices are shared across the organization.
  5. Resource Management: The PMO is responsible for resource management, ensuring that projects are properly staffed and that resources are allocated efficiently. This includes managing resource demand and capacity, identifying resource gaps, and developing strategies to address them.
  6. Change Management: PMOs are increasingly involved in change management, ensuring that projects are managed in a way that minimizes disruption to the organization. This includes developing change management plans, identifying potential impacts of change, and ensuring that stakeholders are engaged throughout the project lifecycle.

Overall, the changing role of the PMO reflects the increasing recognition of the importance of effective project management to the success of organizations. The PMO is becoming more strategic, focused on delivering value, and responsible for managing risk, knowledge, resources, and change.

For resources to develop / support your PMO, drop us an email at: training@workle.ca, and we will reach out to you at your preferred time.

The evolving role of Project Management Offices (PMO)

Build high performance teams

Schedule a call

[fibosearch]