Best Practice Report

Involve Your PMO To Find The Right Match For Innovation Opportunities

November 11th, 2010
Margo Visitacion, Vice President, Principal Analyst
Margo Visitacion Vice President, Principal Analyst
With contributors:
Mary Gerush , Adam Knoll

Summary

Traditional project management offices (PMOs) manage demand for project work, provide oversight for large program implementations, and ensure compliance. The next-generation PMO, however, uses these practices at the portfolio level to provide insight into an organization's ability to innovate through new practices and technologies. By taking a portfolio approach to innovation and operational work, they support ideation, provide cross-portfolio visibility into holistic demand, and balance resources applied to innovation and operations. By establishing critical relationships with business stakeholders and key IT decision-makers, the next-generation PMO enables innovation while managing risk and removes constraints to help organizations take advantages of new opportunities.

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