PMO Responsibilities

CD.

85

The Project Management Office (PMO) is a centralized department or group within an organization that is responsible for standardizing project management practices and providing oversight to project teams. The PMO provides support to project managers, stakeholders, and project teams in the execution of their projects.

The PMO is responsible for many functions related to project management, including:

C. Setting standards and practices for the organization and providing governance: The PMO sets project management standards and methodologies for the organization. This includes establishing best practices, templates, and processes to ensure consistent and repeatable project management practices across the organization. The PMO also provides governance by monitoring compliance with standards, providing guidance, and ensuring that project management practices align with the organization's goals and strategies.

B. Contributing expertise, deliverables, and estimates of costs: The PMO provides guidance and support to project managers and teams in the form of expertise, tools, and templates. The PMO can also provide support in the development of project deliverables, such as project plans, risk registers, and status reports. The PMO can also help with cost estimation, budgeting, and tracking.

Other functions that the PMO may perform include:

A. Managing the project plan, scope, risk, and budget: The PMO can provide oversight and support to project managers in the development and management of project plans, scope, risk, and budget. This can include providing guidance on planning and executing projects, tracking progress against the plan, and identifying and managing risks.

D. Outlining consequences of non-performance and coordinating between disparate projects: The PMO can help identify the consequences of not meeting project objectives and can help mitigate risks to project success. The PMO can also coordinate between projects to ensure that resources are used efficiently and that project dependencies are managed effectively.

E. Approving funding, developing the project schedule, and gathering high-level requirements: The PMO may have a role in the approval of project funding and can provide support in the development of project schedules and gathering high-level requirements.

In summary, the PMO is responsible for setting project management standards and practices, providing governance, contributing expertise and support to project teams, managing project plans, scope, risk, and budget, outlining consequences of non-performance, coordinating between projects, and approving funding, developing project schedules, and gathering high-level requirements.