What is the role of the Project Management Office (PMO)?

• A. To manage individual team projects
• B. To standardize project governance and improve project delivery
• C. To oversee all organization finance operations
• D. To provide training to project managers

Answer: (B)

The Project Management Office (PMO) plays a crucial role in organizations by standardizing project governance and improving project delivery. This centralization of project management practices ensures that projects are aligned with the organizational strategy and resources are utilized efficiently. By developing and implementing standardized processes, methodologies, and tools, the PMO enhances consistency across projects, facilitating better communication, tracking, and reporting.

Moreover, the PMO often establishes metrics for success and helps in the evaluation of project performance, which leads to continuous improvement in project outcomes. This overarching role in creating a structured environment allows organizations to effectively manage their portfolios, mitigate risks, and increase overall project success rates.