Quantifying the Value of Project Management: Best Practices for Improving Project Management Processes, Systems, and Competencies

  • 28m
  • Justin Reginato, William Ibbs
  • Project Management Institute
  • 2002

In today's highly competitive marketplace, organizations want more from project management than on-time, under-budget delivery. Just like labor, technology and equipment, they expect project management to contribute to the bottom line. It must deliver a profitable return on investment if it is to become a strategic business asset, and not just another drill press in the corporate tool crib.

In Quantifying the Value of Project Management, the authors explore real world data from 52 U.S. corporations and find the key to high return on investment-project management maturity! Details of this groundbreaking discovery are presented in a style that combines the wit of Fortune magazine with the sophistication and rigor of an academic contribution to the Project Management Journal. If you are looking for a comeback to those who want proof of project management's corporate value, this book lays out all the evidence you need.

In this Book

  • Quantifying the Value of Project Management—Best Practices for Improving Project Management Processes, Systems, and Competencies
  • Preface
  • Introduction
  • Project Management Is Increasingly Becoming a Key Corporate Competency
  • Study Methodology
  • Companies with More Mature Project Management Practices Have Better Project Performance
  • Better Project Management Leads to More Reliable Cost and Schedule Performance
  • Good Project Management Can Cost Less
  • Success of Projects Is Often Judged by the Processes They Incubate
  • Concluding Remarks and Next Steps
  • References
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