The Project Management Institute (PMI) has released a new report that details how high-performing Project Management Offices (PMOs) are crucial drivers of innovation and transformation, and how they play a vital role in helping organizations deliver meaningful, measurable value.

PMI’s report, “Built to Thrive,” reveals that more than half of project professionals (54%) say their organizations have high-performing PMOs. PMI spotlights top-performing PMOs by industry, with consulting (74% were rated as high-performing), energy (61%), and IT (56%) industries leading the way.

Findings show that:

• Eighty percent of high-performing PMOs excel at delivering value to customers, compared to just 43% percent of low-performing PMOs.

   

• Leading PMOs leverage new technology to enable business value delivery (80% of organizations with top PMOs compared to just 26% of companies with low-performing PMOs). These organizations are also twice as likely as others to use AI.

   

• Strong PMOs drive advanced organizational agility, with 62% of respondents from top PMOs rating company agility as high, compared to only 25% of those with low-performing PMOs.

“Forward-thinking organizations know how to nurture and empower their PMOs to build competitive advantage and resilience, as strong PMOs are effective transformation and innovation hubs,” said Americo Pinto, managing director of PMO Global Alliance, Project Management Institute.

Access the report via PMI’s news release.