About PTC

One of the world’s largest, independent software companies, Parametric Technology Corporation (PTC) provides product development systems that deliver the key capabilities manufacturers need to realize more value from product development. Their proven software solutions help companies accelerate adoption, minimize risk and speed time-to-value. PTC has 5,000 employees in 30 countries around the world, and serves more than 50,000 customers. Headquartered in Needham, Massachusetts, USA, PTC is a publicly traded company, with revenues of almost US$1 billion.

The Challenge

Like virtually every 21st century organization, PTC understands that in order to maintain its competitive edge in the global marketplace it must consistently improve project success rates, increase customer satisfaction and maximize efficiencies. PTC’s leaders recognized that as the company had grown from its founding in 1985 — organically and through acquisition — standards for project management had self-developed in regional isolation around the world. This disparate approach to project management was identified as a barrier to maintaining the company’s leadership position. Development of a global project management program encompassing standards, processes and career paths became a key corporate goal beginning in 2003.

In order to realize this goal, PTC needed to address project management on several fronts ...

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About the Author J. LeRoy Ward J. LeRoy Ward, PMP, PgMP, author of Dictionary of Project Management Terms (3rd Edition, October 2008) is Executive Vice President at ESI International, a global learning company helping people and organizations improve the way they manage projects, contracts, requirements and vendors. Complementing a 17-year career with four U.S. federal agencies, Mr. Ward is responsible for, among other things, ESI’s product offerings worldwide.  He is a noted author and speaker and appears frequently at project management gatherings around the world.  http://www.esi-intl.com.

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