The Project Management Office (PMO)
It is widely believed that companies that implement Project Management Offices (PMOs) have a higher rate of overall success. Surprising (even shockingly), the Standish Group reports that companies with PMOs generally do not fare any better than those companies without PMOs. The author of the Standish survey thinks “in some cases, compliance and governance processes caused programs to run longer and be delayed … projects don’t do well, so you add governance. Then they do worse and you add more governance without ever knowing what you get out of it.”
A popular misconception of the PMO is that it should only be responsible for driving standards and what has been identified as best practices across a ...