What is the Enterprise Project Management Office?

The Enterprise Project Management Office (EPMO) is a centralized business function which ensures a strategic alignment between your business objectives and number of projects executed. Organizations with a global presence feel the impact of non-uniformity the most, especially where technologies and processes differ regionally.

The right information is key to implementing an initiative, governing how efficient an organization can be in terms of its cost, performance, and project success.The purpose of setting up an EPMO is to record, analyze and present information to senior leadership that allows them to see if a program’s road map tests well. It is the strategic arm of decision making that informs resources of how value is created across the enterprise.

The EPMO framework is designed to enhance reporting capabilities, prioritize projects, and sign off on the best practices and training in order to define organizational roles. The components forming the core of the EPMO framework are Leadership, Strategic Goal Alignment, Positioning, Value Addition and Information Management and Reporting.