I am looking for IT specific Project Management effectiveness and PMO success benchmarks.
Anyone know what the industry standards are for: Time, Budget, Scope?
Please help. Thanks, Rob Saving Changes...
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Mike Cooper PMPPrincipal Project Manager (retired, sort of)| New England Project ServicesWestford, Ma, United States
You might want to get the book "Quantifying the Value of Project Management - Best Practices for Improving Project Management Processes, Systems, and Competencies" by William Ibbs, Justin Reginato, 2002.
Here's my review of this book from our website book reviews "William Ibbs continues his research into project management, partially funded by the Project Management Institute. This short book documents the latest findings, this time concluding that project management does indeed have value. The three key quantitative findings are:
Companies with more mature project management practices have better project performance.
Project management maturity is strongly correlated with more predictable project management schedule and cost performance.
Good project management companies have lower direct costs that poor project management companies.
These findings, and the manner in which they are presented, should help people make powerful arguments for improvements in project management practices in their company. There is guidance on the steps you will go through from poor PM activities to good PM activities - the "virtuous cycle of project management". Saving Changes...
