An expert team built to execute your business goals.
Stop wasting money by poorly executing your objectives. Hire a fractional Program Management Office to oversee productivity by providing effective planning, organization, and leadership to execute your goals.
2.5%
of actual projects completed to 100%. A PWC study of 200 companies and 10k+ projects.
Bad project management comes with an enormous price tag. It is estimated to be over $50–150 billion in losses.
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Stop wasting time and money on incomplete projects.
A research conducted by PWC, examining 10,640 projects from 200 companies across 30 countries and different sectors, discovered that a mere 2.5% of these companies finished all their projects successfully.
Another study from the Harvard Business Review, which looked at 1,471 IT projects, showed that on average, projects exceeded their budget by 27%.
Alarmingly, one out of every six projects went over budget by 200% and took almost 70% longer than planned.
PMOs can identify and fix mistakes before they happen
What is a Program Management Office?
A PMO is a dedicated team that ensures all projects are managed effectively and consistently while integrating leadership, coordinating across projects. They set the standards for how projects should be run, offer training for project managers, and keep everyone informed about project progress.
Here’s what they typically handle:
Ensuring projects align with the company's objectives
Providing training for project managers
Establishing consistent project guidelines and protocols
Drafting and reviewing project plans
Enhancing transparency in project workflows.
You set the strategy, we'll execute.
Have a great strategy? Don't let it fail because of poor execution.
70%
70% of all projects fail.
55%
Fail due to budget overruns.
20%
Implementation of PMO reduces the failure rate to 20% or below
What you get with a PMO.
Though bringing on a PMO might involve extra expenses due to recruitment and the provision of resources and tools, their emphasis on enhancing the quality and volume of projects could lead to a boost in the company's revenue.
Coordinator
Monitoring project status and managing project risks to ensure projects are completed on time and within budget
Administrators
An administrator coordinates office activities, such as creating reports and making decisions about the direction of a project.
Software experts
Software experts design or implement technology that helps the PMO track projects
Trainers and coaches
Within a PMO, trainers and coaches support the professional development of project managers in the organization.
Data analysts
Data analysts analyze portfolios or project reports to provide information that helps managers make decisions.
Senior project managers
Define company policies on how to conduct projects and provide support or guidance for leaders overseeing projects within the organization.
Max Aldon
Since partnering with Fractional PMO, our project management processes have been transformed. Their expertise and approach to handling our projects not only streamlined our operations but also brought an unexpected surge in efficiency and productivity.
Sarah Stewart
Engaging with Fractional PMO for our Project Management Office was one of the best decisions we've made this year. Their team's dedication to ensuring projects are on track and their strategic insight into tailoring best practices for our specific needs have been invaluable. We now approach projects with newfound confidence and clarity.
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Your success is our success.
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