ABSTRACT
In projects, new technology development has become an integral part of projects turning "strategy" into "action" for both individuals and organizations. The facilitation of new technology development in project organizations has been enabled by the practices and procedures of the Program Management Office (PMO) and the focus on stakeholders as key components of the business and technology requirements process. The PMO is a defined capability. In the future, project managers will utilize both "best practices" and "benchmarking" in their quest for new technologies that will add functionality to their projects and ensure that rapidly changing project business requirements can be met within the schedules, cost, and quality demands of their projects. Historically, technology has enabled the advancement of civilization by the application of science and engineering to the solution of problems and the needs of society. In addition, technology has fostered "innovation" in developing new products, services, and processes for modern life.
