The goal of a PMO is to guarantee that every project the organization undertakes succeeds and adds value to the business. This is achieved by the standardization of project procedures and guidelines and the technological systematization of these techniques.
More than merely managing projects is done by a project management office. It oversees the company’s project management activities. In order to ensure profitability and value addition to the firm, it is therefore in charge of the operational and financial elements of the projects the company undertakes.
A project management office must systematize its project business operations if it is to be effective. This assures compliance, fosters productivity, and provides real-time insight into the initiatives the organization is working on.
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