The Corporate Advantages of a Project Management Process

A Project Management (PM) process is a process that wraps sound and repeatable structure around a series of events that lead to a projects completion or implementation. In most cases, you will see a structured diagram that lists the project management process groups used to manage a project. I have been fortunate to study and review many PM processes over the years

Department of Defense to State and Local government processes. In addition, I have studied and reviewed PM processes in business enterprises, banking, health care and nuclear power PMP certification . What I want to present, is the concept of the Project Management Process and why is it beneficial to have one in place in your organization.

In most cases Project Management (PM) processes actually serve a purpose in an organization by providing a PM process methodology in an environment where one did not formally exist. Though a corporation may have a SDLC (Systems Development Life Cycle) documented, these are specific to systems and application development and not project management. It should be kindly noted that projects are not exclusive to an Information Systems Department. It should also be noted that not all SDLC’s properly reflect PM Processes.

According to the PMBOK (Project Management Body of Knowledge), “A project is a temporary endeavor undertaken to create a unique product, service, or result. These temporary and unique characteristics determine if a particular endeavor is a project.” With that in mind, projects can exist in many areas of an organization and many times they do, with the caveat that they may not be treated as a project under the guidelines of a “Project Management Process.” If projects exist without a PM process to reference, though they can be successful, often times these projects are managed in chaos.

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