August 15, 2008

The key elements in establishing a PMO

Let's take a couple of moments to talk about the fundamentals. A PMO needs to have some basic elements in place to drive the project portfolio. These elements include:


  • A process for project presentation, prioritization, and selection.

  • An understanding of budget and resource capacity of the organization.

  • An understanding of the project demand

  • The ability to measure and report upon project portfolio success.

  • A continuous improvement process with metrics indicating the value of the improvement.


Without these key element, the PMO will end up like so many others after 3 years with no measurable way to indicate business value - Disbanded and disbursed.

Posted by Elyse at August 15, 2008 8:12 AM
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