Essentially, to be successful and recognized, a PMO should be able to:

Essentially, to be successful and recognized, a PMO should be able to:
A . Complete projects on agreed cost and time.
B . Reduce the waste of resources on projects.
C . Improve the business results of the organization.
D . Generate perceived value for its stakeholders.

View Answer

Answer: D

Explanation:

For a PMO to be successful and recognized, it must generate perceived value for its stakeholders. This goes beyond just completing projects on time and within budget. Stakeholders need to see the tangible and intangible benefits the PMO delivers, such as alignment with strategic goals, improved governance, and enhanced project delivery efficiency. The PMO’s ability to demonstrate its value and relevance to stakeholders is what leads to its recognition and success within the organization.