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Boosting Efficiency with Fractional PMO Services
A fractional Project Management Office (PMO) consulting firm provides professional project management expertise to small and medium-sized businesses that need structured project oversight but cannot justify the cost of a full-time PMO. The service offers flexible, scalable support including portfolio management, framework development, project oversight, and team training, typically delivering 30-40% cost savings compared to maintaining an internal PMO.
The fractional model allows businesses to access seasoned project management professionals on an as-needed basis, ensuring they receive maximum value while maintaining flexibility in their resource allocation. By implementing standardized processes, risk management frameworks, and best practices, fractional PMO services help organizations improve project success rates and resource utilization without the overhead of full-time hires.
Expertise to Optimize Industry Agnostic Project Delivery
Our customers focus on their customers—we drive success as their trusted partners.
Project Portfolio Management
- Strategic alignment of projects with business objectives
- Resource optimization and capacity planning
- Regular portfolio health assessments and recommendations
Project Oversight & Support
- Project health monitoring and risk
management - Status reporting and stakeholder
communications - Issue resolution and escalation management
- Quality assurance and deliverable tracking
Training and Mentoring
- Team capability development
- Ongoing support and coaching
- Best practices implementation
- Knowledge transfer and documentation
The Value Proposition
Our fractional PMO model typically delivers:
- Flexible scaling of support based on project
demands - 30-40% cost savings compared to
maintaining or expanding an internal PMO - Improved project success rates through
standardized processes - Enhanced resource utilization and reduced project delays
Why Choose Fractional PMO Services?
Cost-Effective Excellence
Pay only for the services you need, when you need them. Our flexible engagement model eliminates the need for full-time salaries, benefits, and overhead costs while maintaining professional project management standards.
Immediate Expertise
Tap into years of diverse project management experience across industries. Our consultants bring best practices and proven methodologies to your organization from day one.
Scalable Support
As your project demands fluctuate, our support scales accordingly. Whether you need comprehensive PMO services during peak periods or light touch oversight during quieter times, we adapt to your needs.
Risk Mitigation
Benefit from established processes and risk management frameworks that help identify and address potential issues before they impact your projects.
Opportunities we can optimize with you or…
Do for you!
Methodology & Framework Development
- Customized project management processes
- Risk management frameworks
- Document templates and tools
- Standard operating procedures
- Change management protocols
Tools & Systems Implementation
- Project management software
- Time tracking solutions
- Reporting dashboards creation
- Collaboration tools configuration
- Document management systems
Team Development & Support
- Project management training
- Team mentoring and coaching
- Best practices guidance
- Skills assessment and development
- Knowledge transfer Management
- Stakeholder Management
Governance & Compliance
- Project audit support
- Compliance monitoring
- Documentation management
- Process enforcement
- Performance metrics tracking
Stakeholder Management
- Communication planning
- Executive reporting
- Client relationship management
- Team coordination
- Vendor management
Cost Management Services
- Budget planning
- Cost tracking
- ROI analysis
- Resource utilization optimization
- Financial reporting
Full-Time vs. Fractional PM Cost Comparison
Full-Time PM Costs
| Base Salary (Senior PM) | $150,000 |
| Benefits (30%) | $45,000 |
| Equipment/Software | $5,000 |
| Continuing Training & Certifications | $3,000 |
| Office Space, Utilities, Misc. | $12,000 |
| Total Annual Cost | $215,000 |
| Monthly Cost | $17,917 |
| Effective Hourly Rate | $103.37 |
Fractional PM Costs (@$100/hr)
| Hours per week | 6 hrs | 10 hrs | 20 hrs |
| Weekly Cost | $600 | $1,000 | $2,000 |
| Monthly Cost | $2,400 | $4,000 | $8,000 |
| Annual Cost | $31,200 | $48,000 | $96,000 |
| Annual Savings | $183,000 | $167,000 | $119,000 |
Key Insights:
- Flexible scaling based on project needs
- Full-time PM effective hourly rate: $103.37 (based on 2080 annual hours)
- No additional overhead costs with fractional PM
Who is Elevate PMO Consulting?
About the Founder
Drawing from over 20 years of experience leading enterprise-wide PMO initiatives across diverse industries, including roles at major technology services & solutions providers, insurance, public education, state & local government, manufacturing and banking, I offer comprehensive fractional PMO services tailored to help small and medium businesses achieve their strategic objectives.
My expertise spans both Agile and Waterfall methodologies, with a proven track record of managing multi-million dollar projects as well as smaller projects <$25k, developing PMO frameworks, and implementing process improvements that have consistently delivered measurable results, including successful cloud migrations, data warehouse implementations, custom software deployments and enterprise-wide consulting initiatives.
As a certified PMP who has managed distributed teams of remote, near-shore, and off-shore resources as well as vendors while balancing financial and operational results with team development, I bring a unique blend of technical expertise and leadership skills to help organizations optimize their project management capabilities without the overhead of a full-time PMO. My approach focuses on delivering strategic value through customized project management solutions, team mentoring, and the implementation of best practices that have helped organizations save both time and money while improving project delivery success rates.