Value of a Project Management Office in a Company - Dissertation Example

What is missing is an attempt to critically review these and to put some kind of shape into the whole. You have a habit of quoting a review or an anecdote and then leaving the impression that it is definitive, even when it conflicts with earlier assertions. This needs to be tightened up, for example, this anecdote is about these types of organization, this review covers a different type of organization. Then pull them together into a coherent whole, with the emphasis on coherent. If it cannot be coherent then highlight the differences and say on the one hand this on the other that.

Project Management is a planned and organized effort to accomplish a specific time-bound objective, which includes developing a project plan, defining and confirming project goals. In recent decades implementing a PMO (Project Management Office) in organizations has been thought of as a crucial aspect in organization culture itself. However, the role a PMO plays in Project Management especially, the value it adds to all levels of organizations in particular to senior management, enabling timely decision making is yet to be fully understood by organization entities.

Hence, the need to explore where organizations should have a PMO and to analyze the real significance of a PMO within projects. The literature review and analysis of some important survey reports indicate that PMOs are not an extraneous burden to organizations but a significant asset to realizing its objectives. The survey analysis and literature review reveal a clear picture in which the need to deliver business strategy whilst ensuring value for money with reducing resources has focussed attention on ensuring the right objectives are delivered and that investment is spent on things that matter to the organization.

As decision-making cycles have contracted, so the need for better-quality information to drive those decision has increased. And in this climate of change, a fully functioning PMO model can no longer be an optional element of an organizations business model.