There’s a lot that goes into planning and implementing a project management office (PMO). First, you’ve got to have executive signoff and sponsorship. Then, you have to effectively communicate the value to your teams that are going to be involved. Those are both significant accomplishments, but the rewards are better execution and competitive edge.
That said, PMOs aren’t a one-size-fits-all concept. Depending on company size, strategic goals, departmental needs, and more, are all determining factors in the kind of PMO that’s right for you. From an enterprise PMO (EPMO) to a governance PMO to a managing PMO, all have varying functions that support how initiatives are executed.
Before diving into the PMO pool, know how to set your teams up for success in figuring out what kind of PMO is right for you. Also, learn how to jumpstart the success of the PMO by communicating across departments and empowering your teams to work smarter and better.
As with any business decision, there are myriad features of a PMO that have to be considered. It all starts with knowing where you want to go and being flexible enough to adapt so that you can get there.