Justifying IT PMO in an Economic Downturn

Should you assume that creating an IT PMO will automatically create business value? During an economic downturn anything that impacts IT costs has to be evaluated carefully. Bottom line: you need to be sure the number, complexity, and scale of IT projects will justify the effort and cost of creating a PMO and that the cost of the deliverables, including intangibles, will be justifiable to all stakeholders on up through management. How does an IT leader do this? Should you assume that creating an IT PMO will automatically create business value? During an economic downturn anything that impacts IT costs has to be evaluated carefully. Bottom line: you need to be sure the number, complexity, and scale of IT projects will justify the effort and cost of creating a PMO and that the cost of the deliverables, including intangibles, will be justifiable to all stakeholders on up through management. How does an IT leader do this? Guest: Christopher Crowhurst, VP Architecture & Business Systems Infrastructure, Thomson Reuters Guest Bio: https://www.ciotalknetwork.com/contributor/christopher-crowhurst/ More on this Episode: https://www.ciotalknetwork.com/justifying-it-pmo-in-an-economic-downturn/ More on Leadership: https://www.ciotalknetwork.com/topics/leadership/ Visit CIO Talk Network Website: https://www.ciotalknetwork.com/ Subscribe to our Newsletter: https://www.ciotalknetwork.com/subscribe/ Nominate Guests or Sponsor: https://www.ciotalknetwork.com/contact/