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Best Practices of an Effective Project Management Office

  • Best Practices of an Effective Project Management Office-

    The majority of the featured best-practice organizations in APQC’s study purchased project planning/scheduling and tracking/reporting software programs to facilitate project management. Others also developed internally automated tools for risk management and knowledge repository. For example, IBM developed a work center as its platform of choice for project program management. The work center provides project managers a wealth of functionality including requirements management, proposal management, resource management, exception management and defect tracking.

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Best Practices of an Effective Project Management Office

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  • Best Practices of an Effective Project Management Office-5

    The majority of the featured best-practice organizations in APQC’s study purchased project planning/scheduling and tracking/reporting software programs to facilitate project management. Others also developed internally automated tools for risk management and knowledge repository. For example, IBM developed a work center as its platform of choice for project program management. The work center provides project managers a wealth of functionality including requirements management, proposal management, resource management, exception management and defect tracking.

APQC, a leading proponent of knowledge management, benchmarking, and best practices business research, recently released the results of a new study — Effective Project Management Offices — which uncovers trends among a select group of best-practice project management offices (PMO). The best-practice organizations highlighted in the study provide structure, guidance, and oversight to achieve the maximum value from diverse portfolios of projects. They balance strategic needs, aligning development and improvement activities to the business goals and objectives of their organizations, with an emphasis on providing the hands-on skills, tools, and assistance which empower those leading individual projects.

The best-practice organizations examined in detail in the study include: Dell Services, DTE Energy Co., IBM, United Illuminating Company, and a multi-billion-dollar beverage manufacturer.

Effective Project Management Offices details 14 best practices demonstrated by the study participants, but four in particular stood out.