It has now been widely proven that modern program and project management (PPM) can help an organization become more efficient, more productive and more competitive in the global economy.  It therefore seems logical that if more organizations within specific industries embrace PM best practices, then those industries will become more productive and competitive.  If organizations and industries within regions, states and countries become more efficient and competitive, then local economies will benefit. 

At the same time, if governmental agencies adopt project and program management best practices, and become more mature in the application and usage of advanced program management principles, then those agencies can also become more efficient and productive.  As more government agencies implement PM, more programs and projects funded with public monies should be more successful, accomplished in less time and for less money than otherwise.  In other words, governments can also become more efficient, productive and competitive in a global marketplace.

If both industrial and governmental organizations become more productive, accomplishing more and better results while using fewer resources, citizens will benefit in various ways and economies will grow. This article builds on that theme originally promoted by Ed Naughton at the Institute of Project Management of Ireland. 

This subject is also supported by recent research by Professor Roland Gareis and his team at the Vienna University of Economics and Business Administration in Austria, who have been studying and publishing research results related to the project-oriented organization and project-oriented society. Their research related to project-oriented nations is particularly relevant.  

Read Complete Editorial >>