Definition of PMO and the benefits of having one in your organization
Wondering what the PMO meaning is in project management? This is a critical term to know that will help you determine whether you need a PMO in your organization.
Definition of a PMO
PMO is an abbreviation for Project Management Office. A PMO is usually its own department within an organization, and it has a few main purposes:
- The department looks to standardize project ways of working
- It ensures project best practices are being implemented within an organization
- PMO is the place where all projects get funneled through
- Ensures that every project is aligned with the strategic initiatives of the organization
- Collects important project metrics
- Reports into the senior executives regarding project status
What are the benefits of having a PMO?
Now that you know the definition of a PMO, how do you determine whether your organization needs a PMO?
One great benefit of PMOs is that they centralize everything and provide best practices so that everyone in the organization does their due diligence. Any organization that needs standardization or that has individuals who don’t really understand how to run projects will benefit from having a PMO.
Who should work in a PMO?
This answer requires a little more explanation if you want to make an informed decision about who should work in your organization’s PMO. So, I want to direct you to another resource I’ve created, a video on YouTube, that will only take up a few minutes of your time but will help you determine whether your organization needs a PMO, and if so, who should work in the PMO.
So, make sure you don’t stop here. Head over to YouTube and check out my video where we discuss all things PMO!
I really hope that you found this helpful – and if you did, it would mean so much to me if you would share it on your social media.
Meanwhile, if you really are committed to mastering your next project, do consider taking my SLAY Project Management online course where I show you step-by-step how to successfully manage a project, plus you get access to every template you will need, along with detailed video instructions on how to fill them out.
-Adriana