
As defined by PMI, “A Project Management Office (PMO) is a management structure that standardizes the project-related governance processes and facilitates the sharing of resources, methodologies, tools, and techniques” (PMBOK 5th. Ed.)
PMOs are key to strategic initiative management. The
responsibilities of a PMO can be from providing project management support to
being responsible for the direct management of one or more projects. The number and complexity of projects
occurring simultaneously can be staggering. In order to deliver these projects
on time, within scope, and on budget, the establishment of a PMO is essential.