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.
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