{"id":3818,"date":"2020-07-10T20:56:11","date_gmt":"2020-07-10T19:56:11","guid":{"rendered":"https:\/\/www.curo.ie\/?p=3818"},"modified":"2020-10-05T22:56:38","modified_gmt":"2020-10-05T21:56:38","slug":"what-does-a-pmo-do-for-a-business","status":"publish","type":"post","link":"https:\/\/projectoffice.ie\/blog\/2020\/07\/10\/what-does-a-pmo-do-for-a-business\/","title":{"rendered":"What does a PMO do for a business?"},"content":{"rendered":"<div class=\"fusion-title title fusion-title-4 fusion-sep-none fusion-title-text fusion-title-size-two fusion-border-below-title\">\n<p>A PMO is a Project Management Office. It\u2019s a function within an organisation that defines the standards for project management. And it can do a whole lot more than that too. The main purpose of a Project Management Office (PMO) is to make sure that projects and programs are run in a repeatable, standardised way.\u00a0 A PMO maintains an overview of projects, knows the company strategy, and ensures that both go hand in hand. However, the specific application areas of a PMO vary greatly from company to company. There are no \u201cclassic\u201d PMO task fields, but only many possibilities:<\/p>\n<\/div>\n<div class=\"fusion-li-item-content\">\n<ol>\n<li>Compiling the project portfolio by classifying, selecting and prioritizing projects based on the company strategy and available resources, preparing decision-making and facilitating decision-making for the portfolio board<i class=\"fusion-li-icon fa-chevron-right fas\"><\/i><\/li>\n<li class=\"fusion-li-item-content\">Planning resources at the portfolio-level, optimizing the use of resources and solving resource conflicts<\/li>\n<li class=\"fusion-li-item-content\">Maintaining current employee data, especially in terms of capacity, project allocations and skills<\/li>\n<li class=\"fusion-li-item-content\">Standardising methods and processes in project management<\/li>\n<li class=\"fusion-li-item-content\">Selecting, implementing and training employees on applicable tools and software<\/li>\n<li class=\"fusion-li-item-content\">Increasing transparency of current and planned projects through up-to-date, reliable project data<\/li>\n<li class=\"fusion-li-item-content\">Promoting information flow and communication<\/li>\n<li class=\"fusion-li-item-content\">Creating a knowledge base with Lessons Learned and Best Practices from past projects to avoid repeat errors<\/li>\n<li class=\"fusion-li-item-content\">Monitoring project progress and control the dependencies that affect resources, budgets, and schedules (project portfolio tracking)<\/li>\n<li class=\"fusion-li-item-content\">Training and coaching project leaders and stakeholders<\/li>\n<li><i class=\"fusion-li-icon fa-chevron-right fas\"><\/i>Providing administrative and operational support for project managers and project teams (e.g., conflict management, workshop moderation, etc.)<\/li>\n<\/ol>\n<div class=\"fusion-li-item-content\">\n<p>source &#8211; pmi.org<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A PMO is a Project Management Office. It\u2019s a function within an organisation that defines the standards for project management. And it can do a whole lot more than that too. The main purpose of a Project Management Office (PMO) is to make sure that projects and programs are run in a repeatable, standardised way.\u00a0 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28,27],"tags":[],"class_list":["post-3818","post","type-post","status-publish","format-standard","hentry","category-pmo","category-project-management"],"_links":{"self":[{"href":"https:\/\/projectoffice.ie\/blog\/wp-json\/wp\/v2\/posts\/3818","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/projectoffice.ie\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/projectoffice.ie\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/projectoffice.ie\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/projectoffice.ie\/blog\/wp-json\/wp\/v2\/comments?post=3818"}],"version-history":[{"count":1,"href":"https:\/\/projectoffice.ie\/blog\/wp-json\/wp\/v2\/posts\/3818\/revisions"}],"predecessor-version":[{"id":4016,"href":"https:\/\/projectoffice.ie\/blog\/wp-json\/wp\/v2\/posts\/3818\/revisions\/4016"}],"wp:attachment":[{"href":"https:\/\/projectoffice.ie\/blog\/wp-json\/wp\/v2\/media?parent=3818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/projectoffice.ie\/blog\/wp-json\/wp\/v2\/categories?post=3818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/projectoffice.ie\/blog\/wp-json\/wp\/v2\/tags?post=3818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}