A lot is written and talked about PMO’s, but how is it that there are still PMO’s that are not functioning properly? To get an answer to this question, you have to question when a PMO functions well and which value they bring to the organization.
A PMO can bring value in a lot of different areas, in this series of blogposts we focused on 15 PMO values we value highly. We are releasing five additional values every week in the coming two weeks, stay tuned!
Some numbers
Did you know 31% of projects do not meet their goals and business intent? Companies fail or fall short of their potential not because of bad strategies, but because of a failure to implement good ones.
Did you know 41% of projects go over budget? Organizations in Europe waste an average of $131 million for every $1 billion spent on projects due to poor project performance.
Research on the impact of PMO’s shows :
✅ 43% improvement in aligning projects with organization’s objectives
✅ 27% improvement in customer satisfaction
✅ 33% improvement in projects delivered under budget
✅ 25% improvement in productivity
✅ 25% decrease in failed projects
Continue reading