A center-of-excellence (CoE) is an effective entity that provides leadership, governance, and knowledge to ensure projects stay on track and manage risks properly.
Through the establishment of a CoE, firms can ensure better project success by implementing standard practices in training, documentation, and metrics.
Good CoE leadership is essential for adapting processes, requiring foresight and simplicity to meet the diverse needs of various project teams.
The success of enterprise-level projects often relies on the governance provided by a CoE, which helps project owners see beyond their unique challenges.
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