Do you know why so many projects fail?
Some of reasons are due to poorly constructed project plans, not documented or tracked requirements, lack of visibility and training, poor leadership, and inadequate or misused methods. It doesn’t matter the size of your company if you don’t have a foundation for your projects and if you cannot fulfill its main project requirements such as time, budget, and quality. That’s why, the project management office exists. We provide you with more than 350 project management templates.
What is a PMO?
The Project Management Office (PMO) is an organizational unit that is the source of documentation, guidance and metrics on the practice of project management and execution. IT companies were the first companies to begin using the PMO approach, but now, even advertising, health care, consulting, and many other industries are using it. It is proven to highly increase the success rate of your projects.
What are the advantages of having a PMO?
- Centralized place for forms and templates to facilitate the development of project estimates, project plans, schedules, risk, issues, change management, and project reports.
- Reduce project costs because common tasks are managed at the PMO level.
- Provide project management support and guidance to project managers.
- Facilitate the management of multiple projects (project portfolio management).
- Gather project experience and data for use in future projects and to improve project management methods.
- Establish a standard project management methodology, including tools, a collaborative environment and communication.
- Provide a single point of contact for all project information.
- Increase resource utilization across the organization matching project needs helping to balance the workload of project managers and project team members across all projects.