PMO: Center of Project Excellence ?

Is a project management office a center of excellence?

Subject matter experts = project managers; Central repository for materials = project portfolio, schedules, business case forms, scope documents, etc.; Clearinghouse of standards = project methodology; Source of educational opportunities = project training, mentoring; Development and monitoring of metrics = project dashboard, roi and hurdle rates;

The answer is yes (I was hoping this was the case), using criteria discussed in reference post. ...

... "The fact is, Centers of Excellence are most often unique to the organization or business unit that creates them. However, here are some common elements ... " ...

Via Think For A Change: Centers of Innovation Excellence...