A project management office (PMO) is designed to support project managers and project teams and can play a significant role in the success rates of projects. Data suggests that when an organization has an effective PMO, there is a reduction in project cycle time and a decrease in project failure rate.After reading this week’s resources and doing some research on your own, write a short paper describing the PMO function in an organization where you are currently employed or have been employed in the past. (Chapter 3 of your textbook includes a discussion of PMO and is a good reference for completing this assignment.) If you do not have a PMO function in an organization you are familiar with, research an organization and write your short paper based on your research.