Understanding the Value of Project Management: First Steps on an International Investigation in Search of Value
- 1 September 2007
- journal article
- research article
- Published by SAGE Publications in Project Management Journal
- Vol. 38 (3), 74-89
- https://doi.org/10.1002/pmj.20007
Abstract
Organizations investing in project management need to be assured of a concrete return. Without the ability to clearly define its value, project management joins the long line of initiatives (i.e., TQM, information systems, training, human resources) struggling to prove their worth to organizations. However, demonstrating a concrete value in organizations has been illusive and even paradoxical. This paper describes the conceptual model underlying a major international research project designed to yield a broad perspective on the value of project management. This model and research design will be of interest to researchers, project managers, professional organizations, and senior executives.Keywords
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