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Empowerment of the Project Office (PMO)
PMO is the anchor in project portfolio execution, the ability to meet goals of budgets, milestones, quality and benefits.
PMO coordinates projects – on going as well as future projects – resources and timing.
PMO presents management with the basis for decisions based on updated information about status, problems and options.
PMO communicates with Project Managers and Resource Owners about priorities and actions decided by management and steering committees.
PMO works with the systematic improvement of methods and performance.
It is a challenging job for many reasons. The nature of project work where changes are too be expected. The many supporting spreadsheets and Project tools used, often personal (not integrated) and not standardized. ERP systems which are cumbersome and mainly focused on accounting.