Navigation Links
Study: Global Business Performance Significantly Improved Through Project Management
Date:7/14/2008

WARSAW, Poland, July 14 /PRNewswire-USNewswire/ -- Preliminary findings from a landmark independent, academic study on the value of project management, released today at the Project Management Institute's biennial research conference, clearly demonstrate that business and organizational performance can be significantly improved through the practice of project management.

The study, "Researching the Value of Project Management," is "unequivocal in its findings and independently validates what we've believed all along," said Edwin J. Andrews, Ph.D., director of Academic and Educational Programs & Services at the Project Management Institute.

"Project management is critical in today's urgent and volatile economic environment. Business, government and non-governmental organizations can maximize performance and results when project management is properly implemented within the context of their organization."

Principal investigators Janice Thomas, Ph.D. and Mark Mullaly, PMP led this study through Athabasca University in Alberta, Canada. Their team of nearly 50 researchers on 17 global teams completed more than 18 months of data collection including interviews with 450 managers and executives.

The researchers' preliminary findings have been archived and can be viewed online at http://www.pmi.org/value. Due to publish in October 2008, the study will analyze project management from a detailed matrix of geography, industry and organizational type.

"This study is the first statistically significant look at project management from an organizational perspective," Andrews said. "It clearly shows that everyone from top executives and project managers to subcontractors, suppliers and other vendors recognize the value of project management in achieving business results and meeting stakeholder expectations.

"While project managers have always recognized the value and role of project management, executives and organizational leaders are often unaware of the role formal project management can play in securing business results and providing competitive advantage.

"Project Management is particularly important today as energy and commodity prices spike and access to capital is squeezed," Andrews continued.

"As this study clearly demonstrates, project management provides critical business solutions that can help any company or organization achieve tangible business results and be more competitive in today's global marketplace."

Project Management Institute (http://www.pmi.org) is the leading advocate for the project management profession globally. Founded in 1969, PMI has more than 400,000 members and credential holders in 174 countries. PMI's Project Management Professional (PMP) credential is globally recognized as the gold standard credential in project management.


'/>"/>
SOURCE Project Management Institute
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Geisinger study: PTSD causes early death from heart disease
2. Study: 9/11 Dogs Suffered Few Health Effects
3. Study: Medicare Competitive Bidding Program Could Impede Seniors Access to Diabetes Testing Supplies
4. New NV Economic Study: Bush Medicare Cuts Undermine State and Local Economic, Jobs Base
5. Pharmaceutical study: Less hemorrhaging after stroke, but not fewer deaths
6. New PA Economic Study: Bush Medicare Cuts Compound State Medicaid Crisis
7. Study: Quick responses to influenza outbreaks reduces illness and death
8. New NH Economic Study: Bush Medicare Cuts Undermine State and Local Economic, Jobs Base
9. New Maine Economic Study: Bush Medicare Cuts Undermine State and Local Economic, Jobs Base
10. Study: Child maltreatment victims lose 2 years of quality of life
11. Study: Doctors not always sure when to treat BP in people with diabetes
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/24/2016)... Marne, Michigan (PRWEB) , ... June 24, 2016 , ... ... To deal with these feelings, many turn to unhealthy avenues, such as drug or ... Center of Marne, Michigan, has released tools for healthy coping following a traumatic event. ...
(Date:6/24/2016)... CA (PRWEB) , ... June 24, 2016 , ... Marcy was in a crisis. Her ... would lash out at his family verbally and physically. , “When something upset him, he ... he would use it. He would throw rocks at my other children and say he ...
(Date:6/24/2016)... ... June 24, 2016 , ... Global law firm Greenberg Traurig, P.A. ... The attorneys chosen by their peers for this recognition are considered among the top ... Shareholders received special honors as members of this year’s Legal Elite Hall of Fame: ...
(Date:6/24/2016)... ... 2016 , ... Comfort Keepers® of San Diego, CA is excited to announce ... program to drive cancer patients to and from their cancer treatments. Comfort Keepers ... of life and ongoing independence. Getting to and from medical treatments is one ...
(Date:6/24/2016)... ... June 24, 2016 , ... People across the U.S. are sharpening their ... Award, an essay contest in which patients and their families pay tribute to a ... the 2016 National Society of Genetic Counselors (NSGC) Annual Education Conference (AEC) this September. ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... 24, 2016 The Academy of Managed Care ... that would allow biopharmaceutical companies to more easily ... make formulary and coverage decisions, a move that addresses ... medicines. The recommendations address restrictions in the ... the drug label, a prohibition that hinders decision makers ...
(Date:6/24/2016)... -- Research and Markets has announced the addition ... report to their offering. ... The World Market for Companion Diagnostics covers the world ... in the report includes the following: , ... by Region (N. America, EU, ROW), 2015-2020 , World ...
(Date:6/24/2016)... , Belgium , June 24, ... VNRX), today announced the appointment of Dr. ... Directors as a Non-Executive Director, effective June 23, ... Audit, Compensation and Nominations and Governance Committees.  As ... Futcher will provide independent expertise and strategic counsel ...
Breaking Medicine Technology: