Project Management

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Benefits of Project Management

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Michael Reed Columbus, Oh, United States
I am looking for a citation of hard dollar benefits of implementing project management across an organization. Something that says we did this much faster, we did it this much cheaper, or we save this much money with our quality. Can anyone help point me to such things?

I have ths Standish group studies. They talk more about what bad projects cost. I am looking more for what is saved.
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Frank Patrick Boonton, Nj, United States
There's an example (of a product development organization tripling project throughput, cutting project duration in half, and going from less than 50% to almost 95% on-time completion rate with no significant changes in resources) mentioned (and with a link to details) in this piece.
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Mike Cooper PMP Principal Project Manager (retired, sort of)| New England Project Services Westford, Ma, United States
There has been formal research done in this area by Professor William Ibbs. I recommend that you buy the highly readable report "Quantifying the Value of Project Management", which you can buy from the Project Management Institute's bookstore at www.pmibookstore.org.

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