"Through these discussions, we have also identified opportunities to
change the role of PC&S in ways that will better support the execution
of the IT strategy. By specifically leveraging the discipline and
framework of the SMO, as well as accelerating the decision to combine
this function with the PMO function, we can focus on our sourcing
strategy and continue the emphasis on agile roll out and our people
What I think it means:
This role will be abolished. Some of its functions will be done by someone else.