Portfolio Management Office (PMO)

A Portfolio Management Office (PMO) is a centralized team within an organization that focuses on overseeing and managing projects and programs. Its main goal is to ensure that projects align with the organization's strategic objectives and deliver value. The PMO provides guidance, resources, and support to project managers, helping them prioritize initiatives, allocate budgets, and standardize processes. By monitoring the overall portfolio of projects, the PMO helps organizations make informed decisions, improve efficiency, and achieve better results in achieving their goals.