In this article by Forrester Consulting they have written an excellent paper on how strategic PMOs play a key role in increasing an organisations ability to delivery the right projects in the right way, thus improving organisational performance and agility.
It includes an interesting section about the triggers for PMOs taking on this strategic relevance, not surprisingly, most are linked to a corporate calamity of some sort or a new CEO who is a believer.
Their findings illustrate that the critical success factors include:
- The have a seat at the executive table
- They are a critical part of the strategic planning process
- They embrace core competencies
- They use consistent objectives across industries and regions
For those of you that are familiar with Sue Vowlers P3O some of this will be old news, but it is still a very interesting article with current examples