10 reasons why mid size companies need to have a project management office or PMO.

#10 - Mid size companies must keep tight control of budgets. A PMO can help by tracking project spend and working with mgmt to manage costs.

#9 - PMOs can help business teams in preparing project propsals and charters. This helps foster a consistent method in the organization.

#8 - PMOs can help companies look at new ways of executing projects inculding using agile methods.

#7 - PMOs can help companies implement project governance such as project reviews and steering committees

#6 - As companies undertake more projects there will be more dependencies between projects. The PMO can identify and manage dependencies.

#5 - As companies grow a consistent way of managing projects becomes important. The PMO can set project management standards and processes.

#4 - As companies grow the executives will need info on projects to make decisions with. The PMO is responsible for providing this info.

#3 - Mid size compaines face an ever changing business climate. The PMO can help with managing changes to the project portfolio.

#2 - Mid size companies may face resource utilization challenges. A PMO can help forecast and track resource utilization on projects.

#1 - As companies grow, the number and size of projects increases. A PMO can coordinate selection to make sure the right projects get done.