PMO has the responsibility to create the processes and workflows along with the responsibility to streamline the same. Resources do not have to sit idle in the future, it has to be taken care of by the PMO team. They ensure the resource is utilized efficiently and track all the project, non-project related activities including leaves of the resource. It creates a resource plan and creates visibility of availability for all the stakeholders. Financial Data such as budget, marginal cost, actual cost.Įffective Resource planning is one of the very important aspects that the PMO team manages.
Milestones being achieved on time or not.PMO play’s a major role in the project’s success as they maintain data and reports for the following: PMO works on centralizing all the information and provides the same to concerned stakeholders. #2) To provide data and reports to the management Risk assessment is done across the projects.Resource utilization is done efficiently.Projects are progressing within the budget and timeline.The project structure is defined by the PMO to ensure that Project-related training, knowledge sharing across the teams.Simplify communication and team collaboration.To provide data and reports to the management.Project kickoff to project delivery, PMO has many responsibilities to play. PMO plays a very important role in the success of the project. The stakeholders include the Management, Project Manager, Team members, etc. The below structure shows where does the PMO fall in the organization’s hierarchy:Īll the stakeholders have their own expectations from the PMO, and it is the single point of contact for all. PMO works as a point of contact for all the projects. which makes it easy to track the progress of the project. They ensure to deliver the projects on time and highlight the hurdles at the earliest to get them sorted on time. Most of the organizations opt for Project management tools such as Gantt Charts, Pert Chart, etc. PMO ensures that all the projects are running on the track and as planned. Project Managers handle the projects on the broader level. The organization’s Management cannot track the day-to-day progress of the projects as they have other responsibilities to fulfill. The lack at any of the stages can lead to failure of the project, that’s why PMO plays an important role in the project’s success. PMO helps to streamline the process, helps in project estimation and planning, defines goals and objectives, improves the quality of the project. PMO is required where the organization has a number of projects in running state. They have to ensure that all the processes, operations, quality of deliverables are managed efficiently. Project Management Office (PMO) is a team that has the responsibility to maintain benchmarks for Project Management.
Difference Between Project Management Office And Project Manager.