Chapter 6

The Project Management Office


Armonk, NY, September 8, 2010—The Project Management Institute announces that IBM's Project Management Center of Excellence (PM/COE) has been selected as The 2010 PMO of the Year. The annual award specifically recognizes IBM for “creating global project management standards and enterprise-wide consistency among its 26,000 project managers worldwide; establishing a dedicated project management knowledge repository and communications network; increasing project accountability; improving time-to-market by 65 percent; and decreasing the number of troubled projects by 25 percent.” IBM's Center of Excellence was selected from a field of more than 40 applicants from nearly every continent and including state and federal agencies, major nonprofit organizations and Fortune 1000 companies.

“All of this year's award applicants are excellent examples of the incredible impact a mature PMO can make on an organization and of how far the PMO has come over the last decade,” said J. Kent Crawford, former president and chairman of PMI and current CEO of PM Solutions, a project management services firm helping organizations apply project management office (PMO) practices. “The vast measures that IBM has taken in this area and its outstanding accomplishments reveal a telling story on how to create a successful PMO that sets the course for the entire enterprise.”

“Being honored with this award is a coming of age for our team,” said ...

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