According to Wikipedia, A project management office
(abbreviated to PMO) is a group or department within a business, agency, or
enterprise that defines and maintains standards for project management within
the organization. The PMO strives to standardize and introduce economies of
repetition in the execution of projects. The PMO is the source of
documentation, guidance and metrics on the practice of project management and
execution.
Functions of PMO
Governance - The PMO’s governance function plays an
important role by providing decision support for project sponsors, decision
makers, and stakeholders involved in the program, organization and enterprise.
Documenting governance decisions and tracking action items for future
governance sessions provides the administrative support needed for effective
decision making.
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