3.

What Project Management Is Now

And Why It Needed to Be Reinvented

Project management is part art and part science. Before World War II, projects were managed on an ad hoc basis, mostly using informal techniques and tools.1 The term project management that is in use today emerged amid the unprecedented period of abundant reconstruction projects in the postwar period. Governments started to request companies be more precise on their plan and cost estimates. The US Navy and some consulting firms, such as Booz Allen Hamilton, were some of the first contributors in developing modern project management. Over the second half of the twentieth century, project management started to be seen as a discipline different from engineering or architecture. ...

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