The Power of Enterprise-Wide Project Management

15.1. What Is a PBMS?

Enterprise project business management is a business management concept that combines project management processes, skills, and methodologies with more traditional business management processes and methodologies to manage the enterprise in meeting its business objectives. This combination requires integrating project management information with traditional business information to produce more current and relevant information with only the level of accuracy needed to support decision making. This integration of information is used to eliminate the organizational stovepipes or islands of information typically associated with either a single project or a business unit managed portfolio. Enterprise project business management ...