Project Management Institute

Explorations of value

perspectives of the value of project management

In 2005, PMI initiated its research project known as "Researching the Value of Project Management." Completed in October 2008, this study was realized by a core team of 48 academic volunteers and 17 case-study teams working on four continents. From this dynamic effort came the project-titled monograph authored by researchers Janice L. Thomas and Mark Mullaly. This editorial describes the multiple perspectives---developed by the many talented researchers involved, and as discussed in the ten articles appearing in the March 2009 issue of PMJ--on understanding, as this article's authors note, "the value that project management delivers to organizations." In doing so, it briefly explains the focus of each of the ten articles and lists seven ways that these articles contribute to resolving the common challenges which project professionals face when attempting to understand the value that project management generates.
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