COMMON ISSUES IN IT ORGANIZATION

Ranjith, very informative comments!! Great to know about different PMO models. Thanks for your comments. Keep it up.

Dear Ramesh,
Yes you are right, but please note that  there are various PMO Models  in the order of  Worst to Best as follows.

(Authoritative Model, Coach Model,Project Repository Model (Low Value Model),Enterprise Model (Strategic Model for Central Control of All Major Projects),Deliver Now Model
(High Value Strategic Model dealing with Through put, delivery & acceleration).
 
The Best PMO Model - Deliver Now Model.

Also Establishing a PMO is worth only if the following are PMO Responsibilities/Functions
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1.Drive Project Cycle times down (Demand Management)
2. Facilitate choosing right Project mix (Project Portfolio Management/Optimiizing & Balancing a Portfolio)
3. Develop and Maintain an executive cockpit through key portfolios (Project Portfolio Management)
4. Prioritization of Projects (Project Portfolio Management
5. Track and Report Progress 
6. Mentoring
7. Tools
8.Help desk
9. Methodology
10. Corrective Action
11.Governance B oard
12. Help Projects in Trouble
13 Project Management Training
14 Marketing and Communication
15 Archives

Ranjith, another interesting article from you. It would be nice to understand other aspects of PMO. I think it is quite relevant for most of us. Most companies now run various functions, specially operations as different programs or projects.I know from one of my global retail banking client that most of their business is run as projects and therefore project/program management is critical for their business success. So PMO is critical for all kind of professionals.