What is Project Management Office(PMO)? Why PMO ? and How to Setup a PMO?

According to PMBOK 5th Edition, A project management office (PMO) is an organizational structure that standardizes project related governance processes and facilitates the sharing of resources, methodologies, tools and techniques. Why setup a PMO? Improve project success rate. Communicate metrics for measuring progress/value. Improve Stakeholder satisfaction. Improve Employee productivity. Implement Standards and Practices Long Term … More What is Project Management Office(PMO)? Why PMO ? and How to Setup a PMO?