The growth of modern project management

The benefits of Modern Project Management (MPM) include improved efficiency, increased profitability, enhanced planning, and more consistent achievement of objectives.Some mistaken views of MPM have plagued its implementation at organizations in more projects in the recent past.However, during recessionary times, companies such as IBM, Digital Equipment, Unisys, and Johnson Controls have found and used the principles of MPM to their benefit.These companies and others like them found that increased global pressure required a focus on quality improvement, and long-term solutions.Many companies found the marriage of TQM and MPM principles the perfect solution.Colleges and universities have been offering more project management courses than in the past.This may be a trend that has only just begun.
member content locked

Log in or join PMI to gain access

or Join

Advertisement

Advertisement

Related Content

  • PM Network

    Branch of Power member content locked

    PM Network interviews Sandrine Wamy, PMP, Regional CIO at Bolloré Transport & Logistics, Douala, Cameroon about strategic planning.

  • PM Network

    Cashing Out member content locked

    By Ali, Ambreen Cash is no longer king. In 2018, for the first time ever, the number of global ATMs decreased. Around the world, countries and retailers are launching monetary projects to become entirely digital.…

  • PM Network

    Invested in Change member content locked

    By Fister Gale, Sarah As a pillar of the U.S. housing market, the Federal National Mortgage Association—or Fannie Mae— knows that owning a home is about more than having a place to live. It's also an opportunity to make…

  • PM Network

    Real Advantage member content locked

    Artificial intelligence (AI) provides the opportunity to streamline and improve project work, according to PMI's latest Pulse of the Profession® research. Here's how top organizations and project…

  • PM Network

    Animal-Free Attraction member content locked

    By Bishel, Ashley Veganism has gone from fringe to fad to on fire—and the business world is hungry for more. The vegan food industry recorded 20 percent year-over-year growth last year in the United States, with…

Advertisement

Publishing or acceptance of an advertisement is neither a guarantee nor endorsement of the advertiser's product or service. View advertising policy.