The Project Management Office (PMO)in a business or professional enterprise is the department or group that defines and maintains the standards of process, best practices and lessons learned related to project management, within the organization.
We perform feasibility analysis for setting up PMO because an organization typically needs to be of a certain size before the costs associated with a PMO becomes beneficial. The analysis starts with gaining an understanding of your project environment today and what you think your project environment should look like in the future. If your future state vision is close to your current state, there may not be a reason to make any changes. However, if you are not where you want to be, a PMO may be the organizational mechanism to get to this desired state. We provide cost benefit analysis which demonstrates the money and time invested in the PMO will be more than saved by delivering projects better, faster and cheaper across the entire organization.
We have a great pool of resources that has extensive experience in setting up and running the PMOs successfully. Some of the benefits that the organizations gain by having a Project Management Office are: