Conjecture on the future direction of MPM

The time may be right for Modern Project Management (MPM) to play a larger role in project management.Using the MPM philosophy can help to help establish a series of procedures for classes of projects.A properly designed and implemented detailed network will go a long way to reducing costs, and improving quality.The costs of constructing 12 nuclear power plants were studied in 1987 and 1998.The variations in over budget and under budget costs for the power plants could have been minimized by using some basic MPM theories.MPM may be to project management what Total Quality Management (TQM) was to quality manufacturing in Japan.
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