Paragon Solutions Blog Creating Value within the PMO by adding a Scheduling Service

Benefits of a PMO Scheduling ServiceThe schedule is at the heart of performance for each and every project. Developed appropriately, it gives the project manager and stakeholders a roadmap for operationalizing or implementing the strategic initiatives of the organization. Developing a project plan that provides useful information about time, cost, resource capacity, and scope can be a tedious task with many dependencies. Multiply the complexity of a single project across a program or portfolio and the opportunity to experience schedule quality issues increases dramatically. Since these schedules are tied to the delivery of overarching strategic initiatives for the organization, each quality issue thereby affects the ability of the organization to operationalize or implement their strategy efficiently. According to Project Management Institute's 2017 "Pulse of the Profession", organizations are wasting $97 million for every $1 billion invested due to poor project performance. Yes, that's a 20 percent decline from the previous year's survey, but the truth is, projects still fail at a staggering rate.