PMO?

p_03_1PMO office is a committee of project managers and senior management that defines and maintains standards for project management within the organization.

PMO generally will become the source for guidance, documentation, and metrics related to the practices involved in managing and implementing projects within the organization.

Set Project Management standards:– The PMO builds up a common set of practices, principles and templates for managing projects. So that the project managers can switch more easily between different projects and new project managers get up to speed faster.

Ensure project management standards are followed:– While the PMO sets project management standards, it also must ensure they are followed by performing regular assessments of projects.

Assistance to Project Managers:– The PMO assists the project managers who need expert judgment in cost and duration estimations, risk identification, changes evaluation as well as defining metrics for the project. PMO extends their assistance whenever there is a critical issue in Project.

Projects status for management review:– The PMO will track the status of all projects in the organization based on updates from the project managers. PMO will consolidate the project’s status and send updates to management review using project dashboards which provide a clear way to keep track of the status of projects.

Guidance new project managers:– Most PMO’s develop into a center of excellence for project management and can provide guidance and coaching to novice project managers or new project managers who need to understand how the organization runs projects.

 

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