What Does "PMO" Stand For? What Is Its Purpose

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The Answer is One of the ways of addressing some of the challenges associated with the alternative organizational forms for projects is to set up a project management office (PMO). The parent organization can set up the PMO, more or less like a functional group or as a center of excellence with its own manager. This group may act as staff to some or to all projects. The project office may handle some or all of the budgeting, scheduling, reporting, scope, compliance with corporate governance, and risk management activities while the functional units supply the technical work. The PMO often serves as a repository for project documents and histories. However, the PMO must never replace the project manager as officer in charge of and accountable for the project.

What Does "PMO" Stand For? What Is Its Purpose

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