The Project Management Office or PMO in the IT world is nothing but a team comprising of various stakeholders such as Project Manager, Delivery Manager, project coordinator and Business Owner. The PMO office ultimate goal is to take complete ownership of the deliverables and manage day-to-day activities delivered by IT team. The following areas to be completely owned and controlled by the PMO team:
- Responsible for steering the IT project to success by working closely with the business owner/experts.
- Develop and track detailed and integrated project work schedule and allocate resources against the schedule
- Periodically appraise the business owner/group and other project stake holders of the project progress and issues that requires attention
- Assign task(s) to the project team, and review the progress of the tasks
- Set project quality goals and review deliverables against these goals
- Set and monitor project budget and costs to ensure delivering the project within the budget
- Continuously communicate the various project stake holders to align them towards set project goals
- Periodically track and assess the project risks and develop plans to mitigate such risks