ABSTRACT
This chapter provides a path for a company that is establishing a portfolio management office (PMO) for the whole organization. In that case, the resulting PMO will become known as the 'enterprise PMO'. The enterprise portfolio management office (EPMO) can include single or multiple physical or virtual structures, which provide a mix of central and localized functions and services. These integrate with governance arrangements and the wider business such as other corporate support functions. Wipro published a white paper detailing the challenges of traditional PMOs and defining an EPMO as a centralized business function which operates at strategic level with the enterprise executives and provides enterprise-wide support on governance, project portfolio management best practices, mentoring, tools and standardized processes. It reads that an EPMO ensures strategic alignment between business objectives and projects executed. Portfolio, programme and project management offices provide decision-enabling information and support for all business change within an organization and for projects undertaken by the organization externally.
