Homework: PMO Mission, Charter, and Competency
The purpose of the Portfolio Project is to synthesize current research about the project management office (PMO) for the purpose of developing a PMO recommendation. The Portfolio Project is structured to help you demonstrate understanding of the course material, as well as the implications of new knowledge gained from research beyond the course readings and lectures.
Your Portfolio Project will be developed in three independent but cohesive sections, which considered in whole constitutes your PMO recommendation. The three sections are:
• Section I: Subject Organization and Rationale
• Section II: PMO Mission, Charter, and Competency
• Section III: PMO Recommendations
Based on your Section I choice, one of the two PMO recommendation options will be performed for your Portfolio Project homework, which are described as:
Option A: Recommendation for the implementation of a new PMO
- or -
Option B: Recommendation for the advancement of an existing PMO
For Section II: PMO Mission, Charter, and Competency of the Portfolio Project, you will build on the information detailed in your Portfolio Project Section I. Based on analysis of your subject organization and further research, purpose the PMO's mission and vision, PMO charter, and PMO competency continuum stage resultant from your Option A or Option B recommendation. To this end, substantively address the following key elements for your subject organization's PMO recommendation:
a) Develop the PMO's Mission and Vision including:
• State the PMO's mission and vision.
• Validate alignment with subject organization's mission and vision.
• Designate key PMO stakeholders.
b) Develop the PMO's Charter:
• State the PMO's business purpose.
• Describe the PMO's business alignment and affiliation.
• Designate the PMO's empowerment authority.
• Describe the PMO's fiscal management.
• Identify the Charter approval.
c) Relate to the PMO competency continuum:
• Designate the PMO competency continuum stage.
• Justify the subject organization's designated PMO competency continuum stage determination.
• Correlate the designated PMO competency continuum stage to the Organizational Project Management Maturity Model (OPM3).
Format your homework according to the give formatting requirements:
• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.
• The response also includes a cover page containing the student's name, the title of the homework, the course title, and the date. The cover page is not included in the required page length.
• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.