So, you think you are ready to set up a new project management office (PMO). Well, think again! Often, SMBs initiate establishing their PMO only when their business becomes stable. Yet, most of them fail to form an efficient PMO.
In this article at Tensix Consulting, the author explains that establishing new PMO imposes challenges because the majority of the organizations fail to make an informed decision.
Now What to do?
Gather information about the trendy project management frameworks to understand the need for a transformed model. Also, learn to integrate the idea behind project business management. Here are some more essential touchpoints to initiate the process of building your new PMO:
Inability to access information
Often organizations prevent PMOs from accessing confidential data to ensure zero interruption in the ongoing projects. Instead of restricting the PMO, foster a culture of sharing information without affecting your security arrangements. Form a team by gathering real-time data and feedback from employees to support your current project needs.
Initiate a Strategic Process
Before initiating a new PMO, identify all the ongoing or upcoming projects within the organization. Understand the strategic vision of your organization for the ongoing projects. Now, as you initiate the PMO setup, strategize capabilities that can suffice your current project objectives. The step ensures that your PMO efficiency aligns with future endeavors.
Benefits management is creating processes to monitor and track long-term benefits. Its implementation helps you plan and scope out ways to tackle emerging challenges while making a clear path to worthwhile projects.
The new PMOs tend to struggle to find the most reliable project metrics due to a shortage of viable processes. So, initiate smart measures to display the need for sound support systems for businesses. Rolling out practical project management tools or standardized practices to reasonably assess and analyze the void in the order. It will help the PMO to fix the vacuum and deliver effective outcomes.
Ensure that the given project information to the PMO must be accurate. Inaccurate or insufficient information leads to unwanted issues and loss of time. So, create useful guidelines for project teams and consolidate data for the PMO to develop a reliable process.
Click on the following link to read the original article: https://tensix.com/2020/04/5-challenges-for-new-pmos/