What exactly is a project, program or portfolio management office (PMO) today? The answer depends on whom you ask, what industry they’re in, their role and how their organization engages PMOs.
While we think of a PMO as a function, historically it has been more of an umbrella term for a lot of diverse functions. As the pace of business increases across nearly every industry, the PMO is playing an increasingly central role in delivering value to the organization. And while it can be hard to define the PMO role, there has been increasing clarity and agreement about what traits are most valued in a modern PMO. Recent trends have seen PMOs move from:
- Project focus to business focus (up and out, not down and in)
- Output–driven to value–driven (benefits, not deliverables)
- Tactical to strategic (portfolio, not project)
So, what is a modern PMO? What does it take to build a modern PMO? What is the skillset of a modern PMO? These are some of the questions we explore and answer in this white paper.
Download the white paper to learn how CA Project Portfolio Management (CA PPM) can help your organization evolve and achieve the benefits of a modern PMO.