an overview article by the Project Management Academy
This article has elucidated the distinction between a PMO (Project Management Office) and an EPMO (Enterprise Project Portfolio Management Office). It explicates the hierarchy of Project Portfolio Management, underscores the PMO's role in steering project portfolios, and introduces the concept of EPMO. The article highlights that certain companies, particularly those in international matrix organizations, house multiple PMOs, with the omnipotent EPMO overseeing them. Furthermore, it emphasizes the significance of an EPMO for large enterprises, especially within matrix structures. The discussion extends to PMO maturity levels and the pivotal role of suitable software, concluding with references to additional resources on the subject of EPMO.
Falcon is a Project Portfolio Management software that is already used by numerous PMOs and EPMOs in the PPM business. If you would like to learn more about how Falcon can make your portfolio a success, book a demo with our experienced team now.
Schedule demo now!