Abstract:
ABSTRACT
In today era the role of PMO project management office is important in order to run te project in a mannerly way. The PMO endeavor to institutionalize and propose economies of recurrence in the execution of projects. The PMO is the source of authentication, supervision and metrics on the practice of project management and execution. A PMO (Project Management Office) is taken as a driver to achieve all the targets that are facing by project like time issues, bad coordination, bad costing coordination etc. and also implement the project management practices Majority of the projects are not fail but according to the research 19% of the projects are fail and 46% of the project catches hard challenges, such as delay in the project, overwhelm of the budget and fail to achieve the requirement or end product. The type of failures and threats can be facet to disturb documentation in a project, wrong time estimation and cost estimation as well, fail to deliver the product, short term planning and lack of consistency. In today era these are challenges facing by the companies, and this can be answer only by deploying Project Management Office.
From the above discussion we have recommended the PMO model and try to deploy that model in a construction company that is Gray Structures. First of all we would like to discuss the PMO, there are different explanation available for the PMO. However, according to PMI (Project Management Institute), a PMO can be defined as:
"An organizational body or entity assigned various responsibilities related to the centralized and coordinated management of projects under its domain".
Furthermore, a project timeline, Milestones and with the help of different curves we have explain this document and also deployed on the real time project. We have studied "Dynamics of PMO and EPM Server" as an elective course in the degree program MS (Project Management) at Bahria University Lahore Campus by respected teacher Mr. Ahsan Maqbool who has been kind enough to guide us throughout the course.
