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Chapter 1. Project Management Is Increas... > What About Project Management? - Pg. 3

Project Management Is Increasingly Becoming a Key Corporate Competency 3 What About Project Management? Project management is about people and the systems, processes, tools, and methodologies they use. Certainly, financial measures alone cannot determine value entirely. As such, determining project management maturity (PMM) is as important as determining the financial payback of project management. One such tool used to determine PMM is the five-step Berkeley Project Management Process Maturity Model, shown in Figure 1-2. This model demonstrates sequential steps that map an organization's incremental improvement of its project management processes.