The project management professionals are familiar with the acronym PMO and use it appropriately. Nonetheless, the term creates enough confusion because its officers are also known as PMOs.
In this article at Hot PMO, John Mcintyre clarifies some variants of the term like portfolio management office. The trinity of the management offices is identified as the P3O.
Dealing with One or Many?
PMO is a common term used in India to define the prime minister’s office. Since the acronym is used to describe multiple services, it can confuse you. So, learn all the similar acronyms and avoid unwanted hassles. Take a look:
Project or Program Management Office
The services offered by the project or program management office (PMO) may vary for every project. Its objective is to provide constant support, maintain transparency, and regulate governance in IT projects. The PMO offers support services to the project teams by coordinating with available resources, reporting, tracking, and administering effective decision-making. It ensures the project teams are making the right decisions with relevant information and expert advice. The PMO is responsible for maintaining high project standards while keeping the team members accountable to draw the best results.
Portfolio Management Office
The portfolio management office is most commonly known as the ‘Enterprise PMO.’ It is responsible for taking a strategic view of project management practices. An enterprise PMO optimizes the project portfolio to utilize available resources to the maximum and deliver according to company strategy. It takes the best decisions for the organization by understanding the significance of minor choices for the project teams.
The Agile Project Management Office
Also known as APMO, it is a scaled agile framework (SAFe) that functions to deliver agile portfolio operations. Rather than being recognized as a support function for agile project teams, the APMO focuses on products and value streams.
Other Existing PMOs
There is a range of other acronyms that people use to define different kinds of PMO. Here is a list:
- PCO: The project-specific focus on controls is more usually found in large construction projects. They tend to focus explicitly on the data gathering, data management, and analytical processes.
- DMO: Responsible for planning and controlling project execution, the delivery management offices help project managers meet business expectations.
- CMO: The change management officers suggest project teams to embrace strategic objectives to meet advanced project needs.
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