PMO
Project Management Office (PMO)…why have one
Attributes associated with building the case for a PMO include: · Implementation of a project management methodology (if in doubt use PMBOK ©) · Leading organization changes in promoting project management culture (no more “flying by the seats of your pants”) · Institutionalizing organizational processes (COBIT © can at least get you started) · Improving
Project Failure Avoidance
Senior executives frequently bet their companies on Mergers & Acquisitions, major product releases, strategic IT projects, organizational restructurings, fast-paced downsizings, outsourcing, or aggressive quality initiatives. These bets rarely play out as anticipated. With estimated failure rates ranging from 72 to 91%, companies’ collective inability to execute on major projects costs hundreds of billions of dollars