1. What Is A Pmo Office
2. Why A Pmo Is Important Business

In fact, the research shows that executive sponsorship was a critical requirement for PMO success and lack of it was a key reason for failure of the PMO. The Enterprise Project Management Office (Enterprise PMO) The next evolution of the Project Management Office is for it to move into the corporate side of the business. The PMO is a department or group within an organization that defines the standards and processes for project management. The most effective PMOs reflect the culture and strategy of its organization and are important for establishing (and maintaining) consistency, efficiencies and management of costs.

Project Management is gaining momentum in the business sector. This isn't by accident. It is an increasingly important part of running a successful business, especially in today's harsh economy. In this series, I will highlight the reasons why project management is an important – even vital, part of running a business in today's world. Not only does the importance of project management permeate corporations and big business, but it is pivotal to the success of small businesses, consultants and freelancers struggling to get into the competition.

Series Overview

This series demonstrates that project management is important for the following reasons:

• Project Management Increases Productivity
• Project Management Keeps Projects on Budget
• Project Management Increases Company Communication
• Project Management Monitors the Status of Milestones and Deliverables
• Project Management Decreases Risk
• Project Management Improves Product Quality
• Project Management Streamlines Decision Making
• Project Management Helps Companies to Meet Strategic Objectives
• Project Management Keeps Clients and Customers Satisfied

What Is A Pmo Office

Bian gindas yg penting happy mp3. Because project management is the best way to ensure that the quality, timeliness and adherence to budget goals of any project are met, it is a vital component of running a successful business.

What is Project Management?

Why A Pmo Is Important Business

Project management is a process for setting goals, planning how to achieve those goals, and the actions needed to achieve those goals. There are many methodologies for project management, but the standard methodology follows these steps. It is called the project lifecycle:

• Define – the project manager and team members define the project – what needs to be done, why and when?
• Plan – here, milestones and deliverables (important dates and products created through completion of tasks) are mapped out, scheduled and assigned to resources (human team members or equipment).
• Execute – the project plan is carried out during this phase.
• Monitoring – here the project manager ensures that the project progresses smoothly.
• Closing – when does the project end? Was it successful? Why or why not?

For more information introducing you to project management and the project management lifecycle, you may wish to read the following articles:

Deanna's series, 'Phases of Project Management'

Deanna's 'Project Management Basics'

Gary's 'The Top 10 Benefits of Project Management'

and

Gary's 'The Project Management Life Cycle'

This post is part of the series: Importance of Project Management