WHAT’S NEW FOR THE PMO?

We’ve seen a lot of evidence that the role of the PMO has changed in recent years and the trajectory has continued to evolve in 2022. As we see it, PMOs are a business unit that enables an organization to create and maintain a more effective and efficient project delivery environment. But in today’s fast paced business environment, that task isn’t as straight forward as it sounds.

Over the last few years, the top challenge for PMO leaders and project managers hasn’t changed. In this year’s survey, we continue to see project management professionals struggle to assign the right resources to the right projects at the right time citing resource management as their biggest challenge (52%). We also see that prioritizing which projects (22%) demand the time and attention of those resources continues to be a major challenge for the PMO as well. The report shows that an additional segment (16%) of PMO professionals continue to struggle with visibility and reporting indicating PMOs are still hindered with inadequate data and reporting capabilities. The least reported challenge, yet still important, is project financial management (10%) as project leaders are still expected to manage projects to a budget.