Hard-won lessons

The economic pressures of competing in today's global marketplace are driving many companies to make costly errors: either managing too many projects or implementing the wrong projects. But when such companies embrace a well-defined project management approach, they then possess the processes and techniques needed to resolve seemingly insurmountable project problems and manage daunting project risks. This article features four project professionals discussing the processes and techniques their companies used to confront and resolve project problems. In doing so, they make a case for organizational investment in project management and for the discipline's capacity to help companies improve their project performance and complete their projects as estimated and as planned.
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