2014 will see a much-needed shift of PMOs from being highly tactical to more strategic. More formalized strategies will align departmental goals with the business objectives of the organization, consequently delivering end-to-end benefit. Gartner estimates that less than 15 percent of enterprises systematically measure the business outcomes of their project initiatives. Most IT and PMO organizations focus their measures on price and performance, not value. This year will move the needle by shifting the language and the focus from on time and on budget to speaking about the resulting business benefits.
Daptiv, a leader in project portfolio management (PPM) software, recently announced its top predictions for project portfolio management (PPM) in 2014. Organizations that thrive in the current economic environment are those that are on top of the latest trends. Daptiv predictions focus on enterprises spearheading the creation of strategic PMOs, influenced by the reliability of benefits forecasting.