Evolving the PMO

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May 1, 2014

PMO-EvolutionCompanies today have to face cut-throat market competition. New businesses are emerging every day, posing threat to the existing ones. Organizations also need to keep themselves updated with the advancement of technology and processes to be able to tackle the challenged head-on. Because of this, companies, with a dynamic PMO structure in place, can maintain organizational sustainability in the market.

As far as project oriented businesses are concerned, competent project managers play a crucial role behind the successful completion of every project. However, in order to keep PMOs delivering their best, companies need to provide them with the scope to evolve. Since today’s business environment is marked by constant change, having appropriate knowledge management and change management skills proves to be beneficial for PMO professionals.

What needs to be done to help PMOs evolve?
After the completion of every project, an assessment should be carried out to identify the key factors that played a major role in the success or failure of that particular project, program. The results of these assessments should be provided to the senior executives who will transfer the knowledge to PMOs and the rest of the organization.

Its not a common place yet for the organizations to pass on the knowledge gained from project assessments to PMO and lesser organizations communicate the results found from the assessments.

Learning and improving are at the core of creating high-performing PMO professionals. That is why being committed to knowledge management and change management helps improve processes, while ensuring future optimization.

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