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	<title>PMO Trends Archives - Management Square</title>
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	<title>PMO Trends Archives - Management Square</title>
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		<title>PMO Trends: What You Need to Watch Out For</title>
		<link>https://www.management-square.com/pmo-trends/</link>
		
		<dc:creator><![CDATA[Management Square]]></dc:creator>
		<pubDate>Wed, 30 May 2018 00:22:34 +0000</pubDate>
				<category><![CDATA[Project Management Office]]></category>
		<category><![CDATA[PMO Trend]]></category>
		<category><![CDATA[PMO Trends]]></category>
		<guid isPermaLink="false">https://www.management-square.com/?p=15396</guid>

					<description><![CDATA[<p>The Project Management Office (PMO) is the most dynamic areas of a business due to its ability to continuously reinvent itself to successfully align the best practices in the industry. They also have the ability to provide members the right decision when it comes to tweaking strategies and planning out a project. Since it’s an ever-changing division [&#8230;]</p>
<p>The post <a href="https://www.management-square.com/pmo-trends/">PMO Trends: What You Need to Watch Out For</a> appeared first on <a href="https://www.management-square.com">Management Square</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The <a href="https://www.management-square.com/business-consulting/pmo-deployment-and-enhancement/" target="_blank" rel="noopener">Project Management Office</a> (PMO) is the most dynamic areas of a business due to its ability to continuously reinvent itself to successfully align the best practices in the industry. They also have the ability to provide members the right decision when it comes to tweaking strategies and planning out a project. Since it’s an ever-changing division in a business, there are numerous PMO trends that have popped up the in the last two years or so.</p>
<p>Below are the following <a href="https://www.management-square.com/business-consulting/pmo-deployment-and-enhancement/pmo-value-ring-methodology/" target="_blank" rel="noopener">PMO</a> trends to watch out for.</p>
<p>&nbsp;</p>
<h2><span style="color: #355c7d;"><b><span lang="EN-PH">PMO Trends: </span></b></span></h2>
<h3><span style="color: #355c7d;"><strong>PMO Trend 1: The ‘Accidental Project Managers’</strong></span></h3>
<p>It’s not surprising that more and more people involved in a certain project get the ‘accidental project manager’ factor within a day. This means that people who have gone in this situation often end up leading a project without formal training or tools, as well as assistance from a corporate <a href="https://www.management-square.com/pmo-managing-benefits/" target="_blank" rel="noopener">PMO</a>.</p>
<p>This PMO trend has sprouted to large-scale projects where individuals are needed on certain divisions or tasks—such as who will become responsible with reporting or who would be assisting with the processes. At this rate, PMOs need to take more resources outside the spectrum.</p>
<p>&nbsp;</p>
<h3><span style="color: #355c7d;"><strong>PMO Trend 2: Agile Management</strong></span></h3>
<p>Another PMO trend in the line is the <a href="https://www.management-square.com/professional-education/agile-scrum-certification/" target="_blank" rel="noopener">agile</a> methodology that is a challenge for most PMOs. This is because it’s outside the comfort zone of a <a href="https://www.management-square.com/pmo-manager-roles/" target="_blank" rel="noopener">PMO</a> to be workingwith such method.</p>
<p>Agile doesn’t have clear-cut benefits and can often change without warning; this, in turn, makes project prioritization difficult on the PMOs part. It also happens to fall outside the normal governance PMOs often get used to.</p>
<p>&nbsp;</p>
<h3><span style="color: #355c7d;"><strong>PMO Trend 3: Paving Career Paths</strong></span></h3>
<p>Besides the normal responsibilities such as governance and <a href="https://en.wikipedia.org/wiki/Decision-making" target="_blank" rel="noopener">decision-making</a>, PMOs also hold the duty of defining career paths for project managers. This <a href="https://www.management-square.com/pmo-goals/" target="_blank" rel="noopener">PMO</a> trend shows that it’s less costly to manage one’s career paths than letting go of qualified and skilled team members or managers.</p>
<p>More trainingfor complex projects will help retain your resources since these factors will help boost one’s career without sacrificing your resources.</p>
<p>&nbsp;</p>
<h3><span style="color: #355c7d;"><strong>PMO Trend 4: Strategy Delivery</strong></span></h3>
<p>Executing strategy still seems to be a struggle for most companies. This growing <a href="https://www.management-square.com/introduce-new-pmo/" target="_blank" rel="noopener">PMO</a> trend has become hard work in terms of strategy implementation. That is why PMOs need to be enablers of these strategies in order to effectively bring them into reality. The first step in this area is to be able to identify the projects that best align the strategies and objectives.</p>
<p>&nbsp;</p>
<h3><span style="color: #355c7d;"><strong>PMO Trend 5: Portfolio Management</strong></span></h3>
<p>PMOs have become good in managing programs and projects. However,we are yet to see how such changes affect globally along with improving the way companies manage and acknowledge <a href="https://www.management-square.com/business-consulting/portfolio-management/" target="_blank" rel="noopener">portfolios</a>. Remember that as the PMO mature so is the need for change.</p>
<p>The PMO trend showcases the importance of such and how it adds value to a business. That being said, a <a href="https://www.management-square.com/digital-pmo/" target="_blank" rel="noopener">PMO</a> must be led by a credible and trusted senior manager along with his or her team and a good track record.</p>
<p>&nbsp;</p>
<h2><span style="color: #355c7d;"><strong>The Future of PMO</strong></span></h2>
<p>The industry has yet to see more PMO trends popping up in the market in the following year or so. There’s also the concern of retaining staff and filling the gap by adding more resources qualified to get the job done. Is your <a href="https://www.management-square.com/pmo-metrics/" target="_blank" rel="noopener">PMO</a> mature enough to take on the challenge?</p>
<p>The post <a href="https://www.management-square.com/pmo-trends/">PMO Trends: What You Need to Watch Out For</a> appeared first on <a href="https://www.management-square.com">Management Square</a>.</p>
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