It is a well-established fact that most technology projects run behind schedule, over budget, or do not bring the value to the organization that was intended. Many surveys have indicated that most common cause of failure of strategic projects is the lack of robust Project Management approach.
In today’s industry, Project Management Office (PMO) has become a more strategic element of business. This is now key function that enables organizations to focus on innovation, organizational change management, stakeholder engagement and the facilitation of a more agile, responsive business model. More and more organizations are now outsourcing this function to improve efficiency.