As far as statistics show, the high-performing PMOs are 3 times more capable of achieving their potential in contributing business value than the low-performing PMOs. A company’s financial performance has more chances of going above average when it has a high-performing PMO team in place. An in-depth research into the PMO framework, and roles and responsibilities of each PMO type has led to the identification of methods that can help increase the competencies of the Project Management Office. To make your PMO team more competent, you must follow these tips:
A culture of project management
Every organization needs to recognize the importance of efficient project/program management. Organizations must also realize how the Project Management Office can help them become more successful. A company needs to give PMO proper credence within its operational business structure in the form of support, tools and management authority. The top executives need to have a thorough understanding of Project Management Office, and how they can use PMO for the successful completion and better delivery of projects.
By creating an organization-wide culture of project management, a company can effectively increase the value PMOs add to the business. However, to make this happen, PMOs need to be provided with clear direction, support and governance. The PMO department must have skilled professionals, and access to higher management.
Continually evaluating PMO performance
To make a project/program successful, the primary goals of the project should be kept in mind. When new priorities are not aligned properly to the strategic goals, the whole project faces the risk of skewing off-course! That is why it is vital that the performance of the PMOs is continually evaluated. PMO professionals must be self critical, and they must assess their work in context of the company’s overall success. that is how PMOs can significantly reinforce business value, and help senior managers understand the contribution they have made.
Minimal PM - Weekly Project Management tips