Starter guide for Project Management Offices
As we explained in a previous article, the PMOs serve to ensure that companies understand the value of the investments of their projects, usually focused on improving the stability of the management processes. The PMOs can have several formats, adapting to the needs according to functions.
The fifth edition of the PMBOK guide defines how the management structure that standardizes the processes of the projects and facilitates resources, methodologies, tools and techniques.
The most typical forms of PMOs are defined by the main client. The functions and service offerings of a PMO must be aligned with the form of the PMO. The best form of PMO will be the one that best suits the commercial value that the PMO intends, being able to be a hybrid of two or more forms.
When was the Project Management Office defined?
“Office of Project Management” was the term used to describe the governance of agriculture in the 19th century. The first use of the “Project Management Office” in a publication occurred in 1939. The definition has existed since the mid-1950s.
Who developed the concept of PMO?
The US Army gave rise to the term PMO and provided the basic concepts that evolved to support the current definitions of the Project Office. They developed a project office function in the 1930s to monitor aircraft construction, and in the 1950s they needed an approach to centralize the system’s multiple development efforts to streamline budget management. Since then, the concept of PMO has been extended to other industries, such as construction and financial services, generally in relation to the increase of information technology.
What are the benefits of a Project Management Office?
The project management offices are designed to improve organizational performance. A PMO that is perceived as not offering benefits is a short-term PMO.
The benefits of a successful PMO are directly related to the objectives of the organization that are carried out in a more timely, less expensive and with higher quality. Related to the evaluation and improvement of the business process to comply with the regulation and achieve a competitive advantage or deliver a new product or service.
The scope of benefits is directly related to the place of the PMO in the organization.
What is the most important point of a Project Management Office?
Know how you want your PMO to be. Determining how it is initially created, how it will create the demand for PMO services and how the PMO is managed to give the maximum value to the company.
Implementing a PMO is a strategy that helps many organizations to carry out projects more efficiently, since it gives them a more homogeneous character. TALAIA allows a current and dynamic report on the status of projects and their degree of execution.