Project Management Office (PMO) is the department which improve the project management efficiency of enterprise business with some standardize process. It is basically the process of document management, tracking of matrices and providing training to co-workers. It clearly shows the project progress to top authorities and tells the objective of business.
“At the end of the day, PMOs are in place to help orgs deliver value to their stakeholders to projects and programs,”
Vice president, practitioner career development of Project Management Institute
According to PM Solution’s research, 85 percent of companies had a PMO in 2016, up five percent from 2014. They also found that 30 percent of the companies without a PMO plan to implement one.