Have you recently been solicited for a work-at-home job? Click here.


Employer Portal

The Advantage of Using Project Office Management (PMO)

Companies that are looking to better monitor their information technology projects are increasingly opening project management offices (PMO). As of 2016, 85 percent of companies had PMOs, up 5 percent from 2015 levels. Not only that, but of the 15 percent of companies without PMOs, 30 percent planned to develop them in the future.

What Does a PMO Do?

What’s the reason for the popularity? Well, they make projects more successful. The projects of companies with PMOs hit the original goals 38 percent more than companies without them. In addition, projects fail 33 percent less at companies with PMOs than those without.

A PMO establishes, maintains and monitors standards for project management across a company. It can be part of the company or external to it. PMOs set best practices, direction and monitor project status in a centralized group.

They are the repository of making sure projects are on time, fall within their budgets, and align with corporate goals. They can also shift as goals shift and new goals develop.

They are also sites of mentorship, training, and coaching.

What Types to Consider

There are three types of PMO.

The first is termed Supportive. As that name implies, they provide direction and best practices on request, as help is needed. Departments are free to either use the recommendations or not.

The second is Controlling. Controlling PMOs are the most common type in organizations. It is not as flexible as a Supportive PMO, but it also doesn’t monitor everything. A Controlling PMO has some control over templates, reporting and procedures, but it is not completely in control.

The third type is Directive. A Directive PMO does have complete control of projects, directing, supporting, and monitoring the processes, templates, procedures, and reporting requirements.

These are often used in companies that are highly regulated and high risk.

The use of PMOs is high and growing even higher. Companies thinking of implementing them should consider the uses they need a PMO for, and what types would most suit their needs, their environment, their goals and their culture. For more info on how Nesco Resource can help you, contact us today.

Previous Posts

Why Business Intelligence Matters to Your Organization Tips for Hiring the Best Candidate, Not Just Someone Who Interviews Well Follow These Steps to Simplify Your Hiring Process Strategies for Improving Workplace Communication Ways to Effectively Create Employee Development Plans Tips for Planning Your Business Goals for 2018 Tips for Identifying Performance Problems in the Workplace Top Four Ways to Reduce Stress in the Workplace The Top Technology Trends for 2018 Why Working from Home is a Crucial Perk to Offer How to Spot a Bad Candidate so They Do Not Become a Bad Hire Top Hiring Trends That Are Hot, and Those That Are Not How to be a Leader Instead of a Boss How to Make Sure Your Employees are Happy and Productive Turning Down Job Applicants the Right Way Managing Employees Who Don't Get Along The Importance of Employee Recognition You Want to Hire the Best Engineers, Don't You? Why Regular Staff Meetings Are a Must The Importance of a Strong Employer/Employee Relationship Should You Choose a Candidate with More Experience or More Degrees? Leadership Qualities to Promote on Your IT Team How Temporary Summer Help Can Be Beneficial to Your Business How to Handle an Employee Who Takes Credit for the Work of Others Why It Is Important to Get to Know Your Temporary Employees Three Ways to Offend a Potential Candidate During an Interview Why You Should Consider Hiring a Social Engineer Candidate Make Your IT Team Feel Valuable How to Hire a Superstar Engineer How to Make Sure Your Candidate is a Cultural Fit How to Determine if a Temp Worker Will be Reliable Interviewing for IT Independence Leading a Team of Engineers Disruptive Technology & IT Deals H1B Visa Demand Slips: What Is The Impact on Tech Talent As Companies Negotiate on Disruption; Talent Becomes Even More Important Does Your Company Hold Yearly Safety Reviews? 3 Mobile Phone Policies to Enforce as an Employer Make Your Third Shift Positions More Attractive The Real Cost of Hiring Video: Reducing Temp Turnover 3 Mobile Phone Policies to Enforce as an Employer How To Engage Employees To Do Their Best The Perils of Hiring Fast How to Make Your Employee Onboarding Successful