First of all what is a PMO? According to Wikipedia a Project Management Office, abbreviated to PMO, is a group or department within a business, agency or enterprise that defines and maintains standards for project management within the organisation. The PMO strives to standardise and introduce economies of repetition in the execution of projects. It/they should also provide holistic reporting and benefits tracking as well as a holistic view of projects and programs for prioritisation of execution. Some harsh realities According to the Standish CHAOS Report (2009), 68% of projects do not meet time/cost/scope targets. Only 32% of projects or programs were completed on time, within budget and …
