We help organizations to plan and manage a project to successfully complete its listed goals and deliverables.

For organizations to prosper in today’s environment, they need to rapidly adapt to an agile way of working. Organizations must have a mechanism that can successfully enable them to achieve that vision. This is where Project Management Office services (PMO) play a key role.

The PMO is a key driver and connector between an organization’s strategy, vision, goals, and the actual execution ensuring the projects are aligned and delivered to best practice standards. PMO’s are particularly helpful in system integration projects and in supporting technology transformation.

In this document, we provide an overview of the key benefits and functions of a PMO, types of PMO’s, and Balance Management Consulting PMO tools and services.

In today’s business landscape, flexibility and resilience are crucial for success, particularly when it comes to project portfolios that drive organizational change. Within project management offices (PMOs), the ability to adapt and evolve is essential.

With the support of a PMO Managed Services provider, organizations can achieve these goals by enhancing their assessment, mobilization, implementation and operation of a project, program or portfolio management office.

The essential ingredients for improved project outcomes

Our research has highlighted three essential ingredients to consider bringing together when developing your organization’s strategy for project management:

Fit-for-Purpose Governance

As one of our interviewees, a Finance Program Manager at a global technology firm, says “we need rigor in our approach, to enable the flexibility and quick thinking to assess, pick up and drop projects as necessary. It’s so important to think tactically about projects – more than ever before.”

A firm understanding of the big picture

Defining specific goals helps the PMO motivate stakeholders and stay focused on why this specific initiative is a priority – this in turn elevates the PMO function and its role as a driver and builder in maintaining the change momentum required to deliver business strategy. If we focus on putting the right measurements in place to provide the supporting evidence to the big picture we’re creating a recipe for success which will be far easier to articulate to the wider business.

Flexible approach to delivery

Whatever the maturity of your business’s project management function – be it a web of interlinked projects being delivered with waterfall or agile methodology, a transformation office or a project management center of excellence – cultivating a culture of accountability and flexibility are the key ingredients in a valued project management function that can further the goals of the overall business.