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Project Manager Street Smarts: A Real World Guide to PMP® Skills, Second Edition by Terri Wagner, Linda Kretz Zaval

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Introduction

The project management discipline is swiftly becoming the catalyst of choice for change in modern business models. The added value project management provides to the bottom line is now considered a corporate lifesaver, not a corporate cost center. Even though the discipline does not usually generate revenue (except in projectized organizations), it enables profit generation by maintaining tight controls on expenditures with a proactive view of project events.

Project managers today are provided the power and authority to establish, maintain, and forecast project results. It is a proactive instead of a reactive process. Project managers today participate with finance and marketing analysts in the financial justification of projects. ...

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