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New blog post about the need of Turkish energy companies for a PMO

12/08/2010

Most Turkish energy companies are project-based organizations. The risk of failure in projects is notoriously high, as around 50% of all projects do not meet original budget or schedule estimates or are missing critical scope elements, while 25% of the projects will never reach completion at all.

You can significantly increase the success rate of your projects to an impressive 90% by establishing a so-called Project Management Office (PMO). The mission of a PMO will be to establish consistently followed practices for the initiation, planning, execution, control, and closure of all your projects.

Read the full post here.

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