PMO 101: Benchmarking

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PMO 101: Benchmarking
Chris Craig-Jones (May 7, 2009)

In the pursuit of improving IT project delivery, many companies focus on processes but overlook a crucial step: benchmarking. In the third of our six-part series on enterprise best practices, here are tips and techniques for establishing effective, iterative benchmarking.

Establishing a project management office is the foundation for improving your organization’s project, program and portfolio management best practices. It will enable you to accelerate time-to-market and increase the quality of IT initiatives in a cost-effective manner. Part One of this six-part series outlined the first steps in establishing a PMO: “Getting Started” and Part Two described a PMO rollout plan: “The Rollout.”

A project management office (PMO) consists of project and portfolio management (PPM) processes undertaken in the delivery of projects, programs and portfolios, and support processes carried out by individual management offices.

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