CHAPTER 4

Importance of Project Management Standards

This chapter argues that establishing a common project management language and process standards is critical to the success of projects and a project sponsorship initiative. It provides a foundation for educating senior management about the value of project management practices and disciplines to an organization and encourages the investment necessary to implement project management processes.

 

A Common Language

According to the Project Management Institute (PMI) 2015 Pulse of the Profession study, 51 percent of high-performing organizations focus on standardized project management practices.1 Compare that to the 14 percent of low-performing organizations with similar focus and a case can ...

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