Project Management

PMI On Specialization and Globalization

Venessa Wong
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The demand for qualified project managers, specialized knowledge and global standards shows no signs of abating, according to top education officials at the Project Management Institute, which is preparing to release findings from a major research study on the value of implementing project management.

Academicians, scholars and project management professionals throughout the world will gather at the 2008 PMI Research Conference in Warsaw, Poland next month to hear the preliminary findings of a three-year-long research study on the Value of Project Management. The study — commissioned by the Project Management Institute (PMI) and conducted by researchers Janice Thomas and Mark Mullaly, both of Athabasca University in Canada — looked at more than 60 case studies from a globally dispersed array of industries to provide benchmarks for organizations to calculate the return on investment for their implementation of standardized project management programs.
 
“This is the most definitive research ever commissioned to study the value of the implementation of project management,” says Edwin Andrews, director of academic and educational Programs and Services at PMI. “The findings are expected to quantify that project, program and portfolio managers are making significant contributions to organizations by implementing standardized project management …

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