1.4. Project Management as a Business Function
For any organizational function to be established, sustained, retained, and operated effectively within an enterprise, it must have a defined purpose and visible support from the senior management. This includes business functions as common as finance, accounting, or marketing; the more esoteric functions such as quality assurance or safety; and the operations support function of information technologies.
Why then do enterprises establish and maintain these functions?
The need for accounting and finance functions, usually managed by a chief financial officer (CFO), is governed first by laws and regulations. It also fulfills the basic need to know if the enterprise is operating within its funding ...
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