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Home » Why Every Organization Needs a Project Management Office (PMO)
Data Modernization Minute

Why Every Organization Needs a Project Management Office (PMO)

Wayne SadinBy Wayne SadinMay 25, 2023Updated:May 25, 20231 Min Read
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In episode 73 of the Data Modernization Minute, Wayne Sadin takes a look at what goes into a project management office (PMO).

Highlights

00:36 — Wayne believes there are three functions to a PMO. The first one is demand management, which is taking a look at what’s coming into the department. The work coming in should have a sponsor who is the business owner of that project and a quick business case (about one page).

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01:13 — Then comes program or portfolio management. Program management is how one fits all the parts together. It’s very easy to manage one project, but it’s very hard to manage 20 projects, especially when they all interrelate. Then, lastly, there’s the part that everybody thinks is the PMO’s main job: project management. That’s the discipline of understanding risk, time, cost, resources, and change management.

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02:15 — As a side note, Wayne disdains the idea of information technology (IT) projects within most corporations. He prefers to refer to them as business projects with an IT component.

03:08 — Build a PMO, and there will be successful project creation in even the most complex organizations.


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Wayne Sadin

CIO, PriceSmart
Cloud Wars Advisory Board Member

Areas of Expertise
  • Board Strategy
  • Cybersecurity
  • Digital Business
  • Website
  • LinkedIn

Wayne Sadin, a Cloud Wars analyst focused on board strategy, has had a 30-year IT career spanning logistics, financial services, energy, healthcare, manufacturing, direct-response marketing, construction, consulting, and technology. He’s been CIO, CTO, CDO, an advisor to CEOs and boards, Angel Investor, and independent director at firms ranging from start-ups to multinationals.

  Contact Wayne Sadin ...

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