Traditionally a Project Management Office (PMO) was a management structure and knowledge repository used to address a specific issue, such as the application of a standardized project governance processes across all projects in a department or organization. Once the mission of the PMO has been established it is recommended that it should be assessed annually. If significant organizational changes take place, e.g. if a company grows rapidly, the mission should be revisited more regularly. A commitment to improving these templates and processes results in a PMO evolving, maturing and becoming a driver of strategic business alignment.
There are many benefits of having mature PMO processes in place. According to PMI’s 2017 Pulse of the Profession, organizations that align their enterprise-wide PMO to strategy had 38% more projects meet original goals and business intent compared to those who did not. They also had 33% fewer projects deemed failures.
The Project Management Institute states that there are five levels of PMO maturity:
Although the labels or titles of the stages may vary the principles are the same.
Our team of consultants will identify gaps in your current practices and outline the benefits of improving and optimizing your processes.In the meantime, if you’re considering digitizing your PMO this post “5 Steps to Building an Effective Digital PMO” outlines how you can make your digital PMO a success.