The document discusses the role of a project management office (PMO) in strategy design and execution. A PMO can play various roles from supportive to controlling to directive, depending on the degree of control it has over projects. Key responsibilities of a PMO include aligning projects with corporate strategy, establishing governance, and ensuring benefits realization. For a PMO to be effective, its role must be clearly defined, have executive support, and promote proper project management processes.
Original Description:
What is the Role of PMO in the Strategy Design and Execution
Original Title
What is the Role of PMO in the Strategy Design and Execution
The document discusses the role of a project management office (PMO) in strategy design and execution. A PMO can play various roles from supportive to controlling to directive, depending on the degree of control it has over projects. Key responsibilities of a PMO include aligning projects with corporate strategy, establishing governance, and ensuring benefits realization. For a PMO to be effective, its role must be clearly defined, have executive support, and promote proper project management processes.
The document discusses the role of a project management office (PMO) in strategy design and execution. A PMO can play various roles from supportive to controlling to directive, depending on the degree of control it has over projects. Key responsibilities of a PMO include aligning projects with corporate strategy, establishing governance, and ensuring benefits realization. For a PMO to be effective, its role must be clearly defined, have executive support, and promote proper project management processes.
What is the role of PMO in the strategy design and execution, to define the certain advantages and disadvantages
s from having PMO
and how it participates in the successful strategy design and execution of any strategic plan. As organizations mature their project, program, and portfolio management practices to better align work with strategic goals, to support effective stakeholder communication and collaboration, to develop talent, and to place a focus on realizing value from organizational investments through effective benefits realization management, The PMO has many potential roles to play as a contributor to advancing these important topics.
There are several types of PMO structures in organizations, each varying in the degree of control and influence they have on projects within the organization, such as:
Supportive. Provide a consultative role to projects by supplying templates, best practices, training, access to information and lessons learned from other projects. This type of PMO serves as a project repository. The degree of control provided by the PMO is low. Controlling. Provide support and require compliance through various means. Compliance may involve adopting project management frameworks or methodologies, using specific templates, forms and tools, or conformance to governance. The degree of control provided by the PMO is moderate. Directive. Take control of the projects by directly managing the projects. The degree of control provided by the PMO is high.
PMO may have the authority to act as an integral stakeholder and a key decision maker throughout the life of each project, to make recommendations, or to terminate projects or take other actions, as required, to remain aligned with the business objectives. In addition, the PMO may be involved in the selection, management, and deployment of shared or dedicated project resources. A primary function of a PMO is to support project managers in a variety of ways.
Also PMO responsible for alignment of project and program work to corporate strategy; establishing and ensuring appropriate enterprise project, program, and portfolio governance; performing and executing portfolio management functions to ensure strategy alignment and benefits realization; and related functions responsible for alignment of initiatives to corporate strategy. The specific form, function, and structure of a PMO are dependent upon the needs of the organization that it supports.
*Some organization refer to this as a portfolio management office.
Below illustration is a view of the PMO roles in an organization which we can conclude that The PMO integrates data and information from corporate strategic projects and evaluates how higher level strategic objectives are being fulfilled. The PMO is the natural liaison between the organizations portfolios, programs, projects, and the corporate measurement systems upon execution.
In addition; to successful implement of PMO, organization should remember these key concepts: -The Role of the PMO must be clearly defined -An organization should initially define the role of the PMO using one of the three previously identified roles and then let that role evolve to fit the needs of the origination. -The commitment of executive management is required -The PMO will not improve project performance without the use of proper project m management processes and techniques, so professional project management must promote. Please see PMI PMO framework: https://www.pmi.org/~/media/PDF/Publications/PMI_Pulse_PMO-Frameworks.ashx