The Importance of Professional Project Management
Private companies and government organisations involved in running large projects, or many smaller projects at the same time, already recognise the benefits of formal project management but as the amount of experience and knowledge gleaned from such tasks has increased so project management has become more complex. And as it has become more complex so the tools and methodologies have had to evolve to keep pace. It was the UK governmental body OGC (Office of Government Commerce) that back in 1989 first defined the structured methodology that has evolved today into the internationally recognised PRINCE2 methodology. It was originally established to help Government departments deliver the best value possible from its capital expenditure and is an acronym for Projects In a Controlled Environment. Of course, there are also other knowledge-based methods from APM (Association for Project Management) and PMI (Project Management Institute). Formal methodologies are commonly used for softw...