PMO Knowledge Repository: Don't Wait until You Need it

Building consistency and efficiency in project management throughout your organization

Building upon previous projects is a valuable knowledge resource that should be started with your organization's first project.

A Project Management Office (PMO) Knowledge Repository is a collection of information and resources that are used to support the work of a PMO. It is a powerful tool that can help organizations improve their project management processes and outcomes.

A Project Management Office (PMO) Knowledge Repository is a central location where organizations can store, access and share project-related information, such as best practices, lessons learned, templates, and documents. A PMO Knowledge Repository can play a critical role in improving future project performance by providing project managers and other project team members with the information they need to be successful. This article will explore how a PMO Knowledge Repository improves future project performance and the benefits of implementing one.

Reuse of Information and Best Practices One of the primary benefits of a PMO Knowledge Repository is that it allows organizations to reuse information and best practices from previous projects. This can help organizations avoid repeating the same mistakes and improve the efficiency and effectiveness of project management processes and practices. For example, a PMO Knowledge Repository can be used to store project templates, which can be reused on future projects, reducing the need to create new templates from scratch. This can save time and resources, which can be redirected to other important activities.

Lessons Learned Another benefit of a PMO Knowledge Repository is that it allows organizations to capture and share lessons learned from previous projects. Lessons learned are valuable information that can be used to improve future project performance. By capturing and sharing lessons learned, organizations can ensure that project team members are aware of the challenges that were encountered on previous projects and can take steps to avoid them on future projects. This can help organizations improve the success rates of future projects. Improved Communication and Collaboration

Improved Communications

A PMO Knowledge Repository can also improve communication and collaboration among project team members by providing a central location where project-related information can be accessed and shared. For example, a PMO Knowledge Repository can be used to store project documents, such as project plans, progress reports, and meeting minutes. This can help project team members stay informed and up-to-date on the progress of a project and can also facilitate collaboration among team members.

Overall, a PMO Knowledge Repository plays a critical role in improving future project performance. By providing project managers and other project team members with the information they need to be successful, a PMO Knowledge Repository can help organizations improve the efficiency and effectiveness of project management processes and practices, capture and share lessons learned, and improve communication and collaboration among project team members. Organizations should consider the implementation of a PMO Knowledge Repository as part of their PMO strategy to achieve better results for their projects.

References:

· PMI. (2017). A Guide to the Project Management Body of Knowledge (PMBOK® Guide) - Sixth Edition. Project Management Institute. This guide provides an overview of project management best practices, including the importance of capturing and sharing lessons learned and how it can improve future project performance. · PM Solutions. (2019). The Role of Technology in PMO Success. PM Solutions Research. This research report discusses the benefits of using technology in PMOs, including the use of knowledge management systems to improve future project performance. · Dinsmore, P. (2011). Implementing and Managing a PMO using Best Practices and Global Standards. J. Ross Publishing. This book provides an overview of PMO best practices and discusses the importance of capturing and sharing lessons learned and how it can improve future project performance.