The business world today is characterized by increased competitive pressures, globalization, a greater reliance on technology, and a constantly changing marketplace. When organizations develop strategies to respond to this pressure they often lack the proper execution and control. This is due to the fact that they do not have the structure needed to translate a strategy into tangible, concrete actions.
Project Management Offices (PMOs) are the most effective and reliable organizational structure used to execute strategies, representing a significant competitive advantage when properly implemented. The key is in the design. They must be tailored to the specifics of your organization and must incorporate flexibility.