Chapter 8 Setting Up and Running an Enterprise Project Management Office (EPMO)
8.1 Why an EPMO?
Entities in private and non-profit/governmental sectors need to constantly address changes that are due to external and internal forces. As noted in the chapter on Portfolio Management (Chapter 2), these organizations maintain the master portfolio/sub-portfolios and launch programs and projects to address the change. As the extent of change becomes more complex, these organizations are confronted with the following queries:
– Is our current portfolio aligned with our Corporate strategy?
– Are we responsive enough to address the impacts of change?
– Did we select the right programs and projects to run? Are we investing in the right initiatives? ...
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