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The PMO Life Cycle30 September 2007The PMO Life CycleThe PMO Life Cycle is a series of phases undertaken to launch, plan, execute, and improve a PMO. The Method123 Project Office Management life cycle (MPOM™) consists of four phases. PMO Initiation To formally launch a PMO, the team must first define the role of the PMO and obtain sponsorship. These are formalized in the PMO Charter. The team then secures funding and establishes an executive steering committee that will ensure wide support of the PMO. Then the PMO office itself is built by defining staff roles, recruiting staff, and establishing the physical premises. At this point, the PMO will be up and running, and the PMO team can then prepare a detailed execution plan. PMO Planning The first step of the PMO planning phase is to create a high-level execution plan. The execution plan specifies which services the PMO will offer during the execution phase, and specifies when the PMO will begin providing each service. Once the execution plan is prepared, the PMO must decide exactly what it is that will be deployed. The PMO adopts all of the project management methods, approaches and tools that are required by organization. The following steps will be taken:
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