PMO Trends 2024
2024 is going to be a magical year. This can be related to our amazing FuturePMO 1-day conference being about the Wizardly World of PMOs (got your tickets yet?) or just because I’m an optimistic person by nature, and sometimes projects and project management still feel like magic. It is great that we can turn dreams and ideas into reality via projects. There’s something magic about it.
It’s not sufficient to be excited about the future; you must also be prepared. So, let’s delve into the emerging and developing PMO trends that will shape the industry in 2024!
1) Digital Alchemy
AI, AI everywhere (ChatGPT, Grok, Co-pilot, you name it)! Wave your digital wand and behold the integration of enchanted project management tools with automation, data science, and artificial intelligence. It’s a brand-new world, and trust me, you won’t want to be left behind! AI can help PMOs handle repetitive and mundane tasks (end-of-month reporting, anyone?). At the same time, data analytics unveils the hidden secrets of project success – your Senior Leadership Teams will love it!
2) Hybrid wizardry
For many, hybrid methodologies combining predictive/linear and adaptive/iterative delivery approaches still seem a kind of wizardry; however, more than ever, organisations require the flexibility and expertise provided by a PMO to identify what could be a suitable toolkit for the needs of projects. Adaptability is key to working in the ever-changing landscape of projects with finesse and magic.
3) PMOs as C-level material
PMOs are ascending to the rank of strategic leaders and demanding a seat at the table. No longer confined to project management, more and more PMO professionals are being asked to shape the destiny of entire magical kingdoms (by this, I mean ‘portfolios’, of course). Yes, PMO professionals are ‘C-level material’, and the resurgence of Chief Project Officers (CPO) shouldn’t surprise us.
4) Green potions of Project Management
In 2024, sustainability is not just a quest; it’s the duty of any responsible professional who cares about the legacy they leave behind. In a time when climate change is a critical issue for humankind, PMOs should be ambassadors of green project management in their organisations.
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5) Assurance enchantments
Year after year, more PMO professionals attend the APM Accredited Assurance Practitioner training course. Independent assurance by the PMO is the enchanted shield against the dark arts of project uncertainties, safeguarding projects against risks and providing stakeholders confidence about attaining objectives.
6) Harnessing the power of OKRs
As a goal-setting framework, Objectives and Key Results effectively work as a spell that can bring clarity to goals and align the efforts of the project teams toward achieving extraordinary results. PMOs are asked to introduce OKRs in projects to enhance their performance management and facilitate success. Because, sometimes, it requires a little more than magic, make no mistake!
The future is enchanted. Let’s use 2024 as an opportunity to demonstrate the magic of our PMOs!
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