PMO’s Role in Business
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According to the Project Business Management framework, there are different PMO roles mentioned below:
- Enterprise PMO
- Division PMO
- Business Unit PMO
- Project PMO
- Project Office
- Project Support Organization (PSO)
- Project Management Centre of Excellence (PMCoE)
Let us discuss in detail the responsibilities, accountabilities & authorities of the Business level PMO’s:
- Enterprise PMO:
It is a fixed and permanent PMO role for an enterprise. The operational responsibilities contain tactical master planning and strategic master planning.
They take part in project choice and prioritization. Enterprise PMO’s are official to review and agree with master projects, portfolio, and cost plans. These PMO’s reports to the CEO or the President of the organization.
- Division PMO:
This PMO role is also a permanent PMO role for every division, portfolio or region. Their operational responsibilities contain project management and tactical master planning. They straight report Enterprise PMO.
They create project-portfolio, operational and cost plans, allowing the required adjustments when needed. They also manage to oversee programs and portfolios.
- Business Unit PMO:
It has a long-lasting function with one place per business unit. These PMO’s are answerable for project-program management and operations master planning. They improve project-program operational strategies and budget tactics and allow modifications if any. They manage to oversee projects and programs and report directly to the division manager.
- Project PMO:
It has a provisional function with one project PMO for every major or complex project. They are responsible for the project development life cycle i.e. initiation of the project, planning, execution, monitoring, controlling and closing of the project.
Project PMO’s take the responsibility of the management of a project and are answerable for a particular major project. They develop project operational strategies and cost and allow modifications. They manage, monitor, control and report project development; Project PMO’s directly report to Business Unit PMO.
- Project Office:
The project office has a provisional function. Their responsibilities contain project development life cycle i.e. initiation of the project, planning, execution, monitoring, controlling and closing of the project. The project office is assigned a particular project. It makes and maintains documentation as per the guidelines of the project manager.
- Project Support Organization (PSO):
It is more regularly than not, a provisional position. They support project development life cycle i.e. initiation of the project, planning, execution, monitoring, controlling and closing of the project through administrative functions.
PSO is answerable for one or more particular projects. They deliver project control functions. PSO’s may report project development progress and its status to different project managers or a business unit manager.
- Project Management Centre of Excellence (PMCoE):
PMCoE is responsible for starting, documenting and promoting project business management standards, services and approaches. PMCoE does this while supporting software, tools, training and project management capability.
It is not given to any project but supports a framework to complete projects effectively. PMCoE records, updates and supporters for project business management (PBM) approach, perform, tools, techniques, etc. It creates project communications such as progress reports, website, and dashboards. PMCoE needs reports to management at the organization, division or business unit level as required.