| PMO |
A management structure that standardizes the project-related governance processes and facilitates the sharing of resources, methodologies, tools, and techniques. |
| Portfolio Management |
The centralized management of one or more portfolios to achieve strategic objectives. |
| Program Management |
The application of knowledge, skills, tools, and techniques to a program to meet the program requirements and to obtain benefits and control not available by managing projects individually. |
| Governance |
The framework, functions, and processes that guide project management activities in order to create a unique product, service, or result to meet organizational strategic and operational goals. |
| Maturity Model |
A framework that describes the characteristics of effective processes at different stages of development. It shows the extent to which specific processes are defined, managed, measured, controlled, and effective. |
| Resource Management |
The efficient and effective deployment of an organization's resources when they are needed. |
| Center of Excellence (CoE) |
A team, a shared facility or an entity that provides leadership, best practices, research, support and/or training for a focus area. |
| PMO Charter |
A document that formally authorizes the existence of the PMO and provides the PMO manager with the authority to apply organizational resources to PMO activities. |
| Enterprise PMO (EPMO) |
A strategically oriented PMO that operates at the enterprise level, aligning project and program work to corporate strategy. |
| Project Support Office |
A type of PMO that provides a supportive role to project managers through training, software, templates, and best practices. |
| Benefits Realization |
The practice of ensuring that benefits are derived from outputs and outcomes. |
| Capacity Planning |
The process of determining the production capacity needed by an organization to meet changing demands for its products. |
| PMO Metrics |
Measurements used to evaluate the performance and value of the PMO. |
| Project Prioritization |
The process of determining the order in which projects should be carried out based on their relative importance or urgency. |
| Organizational Project Management |
A strategy execution framework utilizing project, program, and portfolio management as well as organizational enabling practices to consistently and predictably deliver organizational strategy to produce better performance, better results, and a sustainable competitive advantage. |
