Hi Manik -
FYI: One of the main functions of a PMO is to establish and manage a porfolio of
the organization's projects. In this regard, I've provided an overview and a
bunch of links that might help you answer many of your questions in this article
at my website titled: "What's Project Portfolio Management (PPM) & Why Should
Project Managers Care About It?" It includes links to "case study" articles
profiling IT and other operations who are applying the concepts. The article is
at: http://www.michaelgreer.com/ppm.htm

Also, check out a related post titled: "Too Many Projects? Prioritize Them!" It
includes a sample grid you can use as a springboard for setting up your own
project prioritization approach. It's at:
http://www.michaelgreer.com/prioritization.htm

I hope this helps!
Mike G.

Michael Greer
Author, The Project Manager's Partner & PM Basics customized PM workshops.
* Michael Greer's Project Management Resources at www.michaelgreer.com
* Inspired Project Teams - www.inspiredprojectteams.com for PM wisdom & heart.
* The Best Free Training, at www.bestfreetraining.net/ for great free training.
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--- In PM-Talk@yahoogroups.com, manik sanadi <maniksanadi@...> wrote:
>
> Dear All,
>  
> Recently I have been made incharge to set up PMO office in IT division of a
financial services company. Senior management has asked to identify some
critical projects and start & show how PMO can be beneficial.
>  
> Would appreciate your suggestions, some refernce material and most importantly
some of your key learnings if any which can either make it more effective or can
alert me to be aware of certain pitfalls.
>  
> Thanks a lot in advance,
> MGS
>
>
>
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