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CHAPTER 1.3

   DOES YOUR COMPANY NEED A CPO?

    (Author’s Note: This chapter is an editorial presenting a case for the Central
    Project Office and a Chief Project Officer. Containing many of the impor-
    tant points made in the previous chapter on organizing for project manage-
    ment, it may be used as a position paper to forward the concept of the
    Project Organization.)

Project management is one of the fastest growing, most widely recognized
     trends of the past decade. Its recent popularity can be seen in many quarters.
More than 50 percent annual growth in membership in the Project Management
Institute is just one sign of this popular movement. Similar growth can be seen in
project management certification candidates, formal project management educa-
tional programs, project management websites, and project management articles.
The growth in opportunities for project management trainers and consultants has
certainly been appreciated by this author, a 40-year consultant/practitioner of proj-
ect management. Nevertheless, this has been accompanied by increasing frustra-
tion about the way that project management is being implemented in those
organizations that have recently come to embrace this discipline.

    Below are a few simple questions. Answer them truthfully. Then think about
the answers.

    • Is your company running without a CEO?
    • To whom do your engineers report?
    • Do you have an accounting or finance function? To whom do they report?

    Even in this day of flat organizations and multidisciplinary teams, almost all of
you will have replied that your organization does have a CEO. Your engineers re-

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