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Discussion of PM/ROISM

To fully measure the value of project management, it is desirable to marry the accuracy of a financial ratio like ROI with PMM described above. PM/ROISM combines those two measurements, plus it captures value gleaned from knowledge creation and management, creating one comprehensive project management valuation metric.

Qualitative Value

As stated previously, benchmarking can determine a company’s project management effectiveness by capturing qualitative data. The Berkeley Project Management Process Maturity Model captures project management-specific steeped information in PMBOK® Guide focus. A second dimension, project life-cycle phases, are also analyzed so that value can be measured as a function of project duration. Qualitative data gleaned from benchmarking can determine the value that policies and procedures add to project management.


  

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