Already a best practice for the majority of Fortune 500 companies, Program Management Office (PMO) is being embraced by large and small organizations eager to efficiently manage all their projects. Now, this essential resource details the groundbreaking business reasons for having a centralized project department and provides easy-to-follow guidelines to help readers set up and run an effective PMO. Pioneered by the IT industry, PMO eliminates the challenges, stressors, and roadblocks involved when running multiple projects and instead creates a central office responsible for allocating resources, setting consistent measures, and monitoring progress. Program Management Office Advantage explains how you can experience these benefits for yourself by showing readers how to select projects, conduct project health checks, provide program management training to organizations, and create and implement a standardized program management process. Filled with key definitions as well as sample forms readers can use in completing administrative tasks and producing reports, the start-to-finish instructional is an indispensable introduction to the most important and powerful trend in project management.