Organizations can enjoy a high level of project success through the establishment of a Project Management Office (PMO), which can be viewed as a center of excellence within the organization. The primary purpose of a PMO is to establish a governance structure for the delivery of projects that focuses on quality, efficiency and best practices.
PMOs can differ greatly from one organization to another, but key traits they all have in common are a strong foundation and a structured frame work.
The PMO establishes processes that help to ensure a standard approach is taken with projects across the enterprise so they are run in a repeatable, standardized way. They define and maintain standards and guidelines that enable repetition, and they provide tools and templates that streamline the overall project management process. They also provide guidance to project managers, and metrics-based reporting to executive management. A good PMO utilizes its structure and skills to influence and drive the evolution of thought for continuous project improvement.