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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