The way to transform project delivery is to establish an effective program management office (PMO). PMOs improve processes and ensure compliance with recommended practices in the areas of scope, time, cost, quality, resource management, risk, and integration to consistently and predictably achieve project delivery excellence. Better, faster, and cheaper.
How do they do it? They deliver solutions for better IT governance, and provide processes, tools and resources that support selection of the most effective projects from an inventory of proposed projects. They allocate resources among ongoing initiatives, evaluate project success from a strategic vantage point, and continuously align information technology project delivery and investments with business objectives. They prioritize projects from throughout the organization, standardize approaches to planning and executing projects, and facilitate communication to all stakeholders. They are a single source for methodology, standards, tools, and training. They have project repositories from which to draw lessons learned. And they ensure that recommended practice standards are communicated, interpreted, and applied the same way across projects. Sustaining consistent application of recommended practice standards is an optimal way to be successful in high-demand, resource constrained environments with complex initiatives.