Beyond a project management office: Why transformation offices are the future
08/12/24 at 03:00 AM
Beyond a project management office: Why transformation offices are the future
Human Resource Executive; by Riley Smith, Maura Koehler-Hanlon; 8/6/24
Very few transformations deliver on their goals. Over the past decade, project management offices (PMOs) and change management offices (CMOs) have been able to reduce the percentage of transformations that fail from 38% in 2013 to 13% in 2023, according to research by Bain. What a transformation office does:
- Strategy development
- Governance
- Program management
- Change management
- Performance tracking