Quantifying the Value of Project Management

In Quantifying the Value of Project Management, William Ibbs and Justin Reginato, from the University of California at Berkeley, explore real-world data from 52 U.S. corporations and find the key to a high return on investment. It is project management maturity. Mature project management departments have more on-time, under-budget projects; less variable schedules and expenses; and decreased cost ratios. Project management maturity benefits extend to the parent company where Dr. Ibbs finds lower utilization rates, higher production rates and lower operating costs. Dr. Ibbs shows how to assess project management maturity and track its development.

The details of these groundbreaking discoveries are presented in a style that combines the wit of Fortune magazine with the sophistication and rigor of an academic contribution to the Project Management Journal®.

If you are looking for a comeback to those who want proof of project management’s corporate value, Quantifying the Value of Project Management lays out all the evidence you need.

Justin Reginato is a doctoral candidate in Civil Engineering with an emphasis in Project Management at the University of California Berkeley.