Outsourced PMO – extra benefits

The obvious benefits of having a PMO are well understood by those who organise and rely on successful projects in larger organisations. Furthermore, less established but focused organisations are also using PMO’s, if not in-house them at least outsourced or virtual.

The more obvious benefits include best practice and up to date processes, well managed tools and consistent reporting and governance.

However there can be more unexpected benefits like informal PM coaching, and the significant value of an extra pair of eyes to spot gaps or overlaps either within planning, reporting, learning or even portfolio management.

The challenge for cost conscious organisations is to demonstrate the return on investment for PMO functionality, but what cost the increased risk of project failure?