This article overviews the function of PMOs. But before an organization invests its time and money in initiating a PMO, it must first identify and define the purpose its PMO will serve. Developing and managing project policies, procedures, templates, and other shared documentation (organizational process assets) and Todays project management office (PMO) can perform a variety of project and business functions.factors: relocating a small office and organising the Olympics share many basic principles. Monitoring compliance with project management standards, policies, procedures, and templates by means of project audits The core concept and the definition of project management. A project office is typically a trailer or other short-term facility that a company uses as an office for a project.Through guidance, the PMO helps organizations get a return on their investment and add value to their stakeholders through projects, programs and portfolios.

Coaching, mentoring, training, and oversight A project management office keeps documentation on projects and offers direction and key metrics in the execution of the projects under its governance.Identifying and developing project management methodology, best practices, and standards Transition & Close: Project deliverables are being finalized and handed off to the operational team.Managing shared resources across all projects administered by the PMO.The office supports project managers in a variety of ways which may include, but are not limited to: In addition, the PMO may be involved in the selection, management, and deployment of shared or dedicated project resources. A PMO may have the authority to act as an integral stakeholder and a key decision maker throughout the life of each project, to make recommendations, or to terminate projects or take other actions, as required, to remain aligned with the business objectives. The specific form, function, and structure of a project management office are dependent upon the needs of the organization that it supports.

They ensure that all the deadlines are achieved on time with all the artifacts and processes are being followed. As it is cleared in the project management office functions, the projects supported or administered may not be related, other than by being managed together. PMO i.e., Project Management Office is a team of resources who are responsible for planning, support, processes, risk management, metrics, standards, the interdependency of the projects, etc.

Project office definition