By deciding to use a project management office program within your organization, you have made a major change in the way your personnel will conduct their daily business routines. This is the digital path to helping your project team reach their maximum potential with the little amount of effort.
For most organizations, the project management office personnel is the heart and soul of the operation. They are the ones responsible to make sure all of the business activities conducted by the company personnel are following the correct and most current set of standard and regulation in this industry. The list of these business standards includes PMBOK, Prince2 and ISO9000 at this time.
While these standards for the industry, they do not take into account the different regions of the world or the countries in them. This too is the responsibility of you project management office group. Knowing all the small details of the regulations where your target audience is located can help prevent any delays or rejections of your deliverable to their intended destinations.
Your project management office group not only is responsible for the standards and how they are followed in your organization, but also for the continuous improvement of your project processes. This is necessary since nearly 90% of all projects are considered failures in the industrial world. This can be for simply missing its deadline or more often going over the project’s budget limit.
The project management office group is also instrumental in helping the communication of your organization to be at peak efficiency. This is an important factor that is sometimes neglected. Communication mishaps accounts for 20% of all project failures. By reducing miscommunications with better organizational techniques, your company can become more profitable with a greater number of deliverables just because the communications within your organization is functioning.
Your project management office group is the foundation on which your company can grow and prosper. This will make the shareholders happier and have a greater enthusiasm when they are presented with a new business opportunity for the company to expand their business reach.