Guessing is not a strategy: How to build decision velocity with AI and real-time data
June 10, 2026 | Live Webinar
Tooling Up For PMO Success
A dedicated project management office can provide the oversight and coordination to deliver projects on time and on budget, but many PMOs fail to deliver on the promise, often because they are not properly empowered or equipped with the right tools. Here are four best practices for building a more effective PMO.
Project Management Offices (PMOs) have proliferated across the business landscape, driven by the need to reduce major project cost overruns, delays and cancellations. A majority of industry analysts agree that when organizations establish enterprise standards for project management, including a Project Office with suitable governance, they experience reduced costs and improved efficiencies.
A dedicated PMO can provide the oversight and coordination to deliver projects on time and on budget by managing and reporting on schedule, risk, cost, quality, scope and resources across all projects. But many PMOs fail to deliver on the promise, often because they are not properly empowered or equipped with the right tools.
Here are four best practices for creating an effective PMO from the start, or strengthening an existing one.
#1 - Take the PMO Outside Information Services
Most PMOs are established to manage massive, complex IT projects. But when you really think about it, you quickly realize that the business of business is projects. From opening a branch …
Please log in or sign up below to read the rest of the article.
ADVERTISEMENTS
|
"It is better to have a permanent income than to be fascinating." - Oscar Wilde |