The PMO, a relatively flat and agile organizational structure, creates a project-centric mindset using methodologies and tools, within the organization in order to increase successfu
l delivery through accountability and empowerment. Key to successful implementation of the PMO is utilization without adding another layer of management. This organization keeps project management at the forefront by promoting accountability through education and execution, and with proper placement in the organization, will not act as a bottleneck but can actually facilitate speedier delivery. Companies implementing PMOs successfully see an approximately 80% return on investment (ROI), a 20% reduction in project cycle time, a 30% to 35% increase in successful project delivery and such intangible benefits as improved employee morale, productivity and empowerment. The PMO is an essential element in improving project management. Because it requires great cultural change, implementing a PMO must be a carefully planned process.
