The State of the PMO 2014
A benchmark study shows project management offices continue to expand their influence as strategic resources for their organizations. In addition, high-performing PMOs improved the alignment of projects with strategy by 53 percent. Top priorities this year include implementing various processes to improve strategic capability.
Already prevalent in most organizations today, project and program management offices (PMOs) are now becoming strategic entities, adding ever more value to their firms. According to PM Solutions’ bi-annual benchmark study “The State of the PMO 2014,” three quarters of high-performing PMOs participate in their organization’s strategic planning, and help to improve the alignment of their organizations’ projects with their strategies and objectives by 53 percent.
Earlier this year, PM Solutions surveyed 432 high-level project management personnel from organizations of all sizes in various industries, including manufacturing, healthcare, technical, finance and government. The primary purpose of the study was to understand PMO trends regarding functions, staffing and development, and capabilities that positively impact organizational performance.
What distinguishes PMOs in high-performing organizations? Three quarters of them report to the highest levels of executive management. They address the issues that matter
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