Forrester: Project management offices on the rise, but effectiveness dubious [1] Nearly one-fifth of all new project implementations are over three months late. Despite PMO use is up from 53% last year. Project management offices need to spend more time tracking individual IT projects and less time generating reports for senior management to be more effective, according to a new Forrester report. An older computerworld article talks about how to Maximize ROI With a Project Office [2] and how PMOs measure up to the bottom line of a company... most important from my point-of-view:

• Eliminate project redundancies
• Standardize the delivery process
• Assess ROI and perform additional project controlling

update: Max's project management blog [3]