CHAPTER 1The Business of Project Management

BUSINESSES EXIST FOR ONE PRIMARY PURPOSE: to make money. They may have lofty goals and vision statements, and they may want to do good while earning a profit, but the fundamental reason for their existence is to make money. Successful businesses provide goods and services that people and other companies will willingly pay for. The culture of business is an exciting blend of competition, accuracy, risk, and a concerted effort to achieve more than just profit.

Projects have a purpose as well: to get things done. They are temporary creative endeavors that have a definite beginning, action, and an ending. Projects are a conduit that enables businesses to reach their goals, achieve their visions, and increase ...

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