1) Most PMOs fail within the first few years of being established, with 75% closing down within 4 years. A common pattern is for organizations to try and fail with a PMO 2-3 times before succeeding. 2) Leadership teams are often not ready or willing to effectively participate in setting up a PMO. Only 10% are both willing and able, while 50% are unwilling but able. 3) Failed PMOs commonly lack clear goals and criteria for prioritizing and selecting projects. Getting business buy-in and aligning the PMO with business objectives is critical for success.