The Program Management Office: Establishing, Managing And Growing The Value Of A PMO

Official reference material for the Portfolio Management Professional (PfMP) Credential Examination! The role of project management in the modern organization has grown significantly. The effective management of project portfolios that include numerous short-term projects and large multi-project programs has become increasingly important. Many organizations have recognized the need to formalize project management practices and develop centers of coordination and excellence. This book serves as a guide to establishing, managing, and growing the value of a Program Management Office (PMO), covering strategic and practical aspects including creating a business case, designing, structuring, implementing, and demonstrating the value of a PMO. It addresses common challenges and provides step-by-step instructions for implementation, as well as ways to enhance existing PMO performance and value. The author highlights three primary missions of the PMO — standards, consulting, and knowledge — and discusses how to serve each to maximize organizational value. A valuable resource for those starting or enhancing a PMO and for project management education.