Project Management Institute

What's in it for us?

Only when a project team feels that it owns its projects will its team members most proactively collaborate and communicate with each other and each project's stakeholders. This article--authored by the president of Emerson Process Systems & Solutions (Austin, TX, USA)--discusses how Emerson was able to establish an organizational commitment to using project management best practices when developing and implementing projects. In doing so, it overviews Emerson's history of practicing project management, a practice that Emerson officially instituted with its August 2005 launch of a global project management office (GPMO). It also explains why Emerson--which operates in 85 countries--instituted project management as an enterprise-wide practice, describing one of the lessons it has learned from doing so, a lesson that led it to develop the concept it calls WIFM, or What's In It for Me? It concludes by summarizing the significance of Emerson's integration of project management into its management structure.
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