Project Management Office (PMO)

Project management is being increasingly vital to the success of a company. Optimally orchestrating a transformation within the company can make the difference between success or disaster. A PMO ensures that resources are invested according to the company’s strategic plan and according to determined budgets. The standardization of project delivery responds to the following issues: 

 

  • Lack of visibility and transparency at all levels of the organization; 
  • Lack of monitoring of project budgets, uncontrolled cost overruns; 
  • Challenging stakeholder engagement, speed of execution, user dissatisfaction; 
  • Prioritisation of projects according to the needs of a business unit versus prioritisation according to the company 

 

These are the main reasons why many organizations set up a project office. Eficio can help you set up a Project Management Office (PMO) by providing a senior project control officer (PCO) and a project management toolbox adapted to your organizational context. Your PMO will allow you to: 

  • To provide the company with a project management methodology and tools 
  • To have a complete overview of all your projects (Project portfolio management) 
  • Track projects based on your organization’s strategic priorities 
  • Track the dependencies between your company’s projects: assess the impacts on human and organizational resources 
  • Increase your ability to deliver projects 
  • Improve your organization’s understanding of project risks. 
  • Increase knowledge at the organizational level 
  • Accelerate the evolution from an operational culture to a culture of project management 

 

To learn more about our PMO implementation process, read our article on the subject: Setting up a project office 

 

Your CIO on demand can help you define and implement: 

 

  • The mission and objectives of the project office 
  • The organizational structure of the project office 
  • The products and services offered by the project office 
  • Management and control processes and tools 
  • A communication plan 
  • A transition plan 
  • A Project Control Officer (PCO) 

The following diagram shows the relationship between PMO, Project Portfolio Management and the management of each of the projects:

Do you have issues related to project management?