When what organizations do is not exclusive, how they do it becomes a competitive advantage, and the lingering effects of the global economic meltdown only reinforce the value of project management. Organizations that value project management understand that the contributions of professional project managers increase project success rates, create efficiencies and improve alignment with org…
The Project Management Institute (USA) in the Guide to the Project Management Body of Knowledge (PMBOK) defines a project as “A temporary endeavour undertaken to create a unique product or service”. (PMI 2000) Typically a project is a one-time effort to accomplish an explicit objective by a specific time. Unlike an organisation’s ongoing operations, a project must eventually come to a c…