The Power of Enterprise-Wide Project Management

5.1. The EPMO as a Business Strategy

It is incumbent on the executives of an enterprise to recognize that portfolio, program, and project management are critical business functions that are necessary to achieve the business strategies.

Embedding project business management as a core competency within an enterprise first requires a business strategy that accepts project management as a business management function. Once accepted, but before embarking on strategically implementing enterprise-wide project management, the enterprise must prepare an organizational business strategy to create the specific organizational structure known as an EPMO at the executive level. The EPMO has the responsibility to instill project management disciplines and ...