The Role of Project Office for Project Portfolio Management

Abstract

The paper focuses on the management of project portfolios as a novel and complex area in the practice of project-oriented organizations. The paper’s main goal is to review the role of project management office /PMO/ for enhancing the performance of organizational project portfolio. It considers several core issues and functions related to the process of implementation of PMO in a particular organization. A case study has been conducted in order to provide evidence about the benefits from the introduction of PMO in a company operating in the media sector. Results from the case study analysis shows that this approach to project management in a multi-project environment is to a large extent universal and can be successfully applied in similar organizational context.