Project Management Institute

Tangible benefits

While there is a lack of reliable quantitative data to show that a project management office can improve a company's bottom line, the office can show tangible benefits.These benefits are the implementation of highly visible solutions, the identification of profitable projects, curtailment of failing projects, and an overall contribution to the organization's bottom line.In addition, intangible benefits such as project management training, establishment of a project management methodology, and contributions to the organization's intellectual capital are provided by the project office.Although authorized by senior management, the project office must ensure that the organization hears and responds to its direction.
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