Why PMOs Should Leverage the Cloud
Kevin Kern serves as Innotas' President and CEO, leveraging his 20 years of operational experience with high-growth software companies. Innotas is a leading provider of Cloud Solutions for IT Management.
With cloud-based project portfolio management software, project management offices can gain visibility into both strategic initiatives and sustaining operations, resulting in clear visibility into operations, effective prioritization, and better decision-making across the entire portfolio.
A Project Management Office (PMO) doesn't always achieve its full potential. Project managers often find themselves short on resources, time and money, which can lead to delivering projects late or incomplete. Without visibility into business goals, the PMO is unable to align project priorities with the long-term strategic requirements of the business. We've seen PMOs even fall short on their initial promise to define and standardize processes and practices, which makes it difficult to leverage institutional knowledge or to reduce the effects of complex operational challenges.
PMOs that are successful are able to overcome a host of challenges, including:
- Insight into ongoing operations
- Ability to support best practice methodologies
- Departmental silos of information
- Incorrect alignment with enterprise strategy and priorities
- Prioritizing requirements
- Visibility into financial measurements
- Effective communications
To help the PMO successfully deliver on strategic initiatives, companies are coming to the realization that in …
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