Though an investment is required to maintain a well-run PMO, the budget savings and on-schedule project completion far supersede what a firm pays up front to establish the office.
Atlanta, GA (PRWEB) October 02, 2013
The function of a Project Management Office (PMO) within an organization is straightforward: define and maintain the standards and responsibilities for managing a project. The need for a PMO is even more apparent. Ineffective management of business functions, or the lack of a PMO entirely, stifles on-time project completion, cost savings and productivity. Today, The Intersect Group, a national finance, accounting and IT staffing and consulting firm that specializes in PMO consulting, releases its latest infographic, offering valuable PMO insight and best practices.
The infographic highlights several notable statistics of interest to business management and financial officers. Organizations that utilize PMOs:
- Save an average of $567,000 per project
- Decrease number of failed projects by 31 percent
- Deliver 30 percent of their projects under budget
- Complete 19 percent of their projects ahead of schedule
- Demonstrate a 21 percent improvement in productivity
“Though an investment is required to maintain a well-run PMO, the budget savings and on-schedule project completion far supersede what a firm pays up front to establish the office,” said Will Partin, The Intersect Group’s PMO Practice Director. “The Intersect Group is committed to ensuring our clients see timely project completion, which leads to greater customer satisfaction and ultimately, an increase in company morale and bottom line.”
To view the infographic, go to: http://bit.ly/19ivnXA.
About The Intersect Group
Founded in 2006, The Intersect Group is a different and better business partner, creating unparalleled value for clients by combining industry-leading comprehensive Staffing and recruitment services with Consulting capabilities. Clients trust The Intersect Group to deliver results based on deep expertise and proven resources within finance, accounting, and information technology. Through The Intersect Group’s flexible delivery approach, clients get the right solution at the right time to accelerate success and achieve mission-critical objectives. The Intersect Group's growing workforce, now in excess of 420 employees, serves clients nationwide from offices in Atlanta, Ga. and Dallas, Texas.