Questions and Answers
What is the importance of project management in organizations today?
Project management helps organizations to better control resources, improve customer relations, reduce development times, lower costs, increase quality and reliability, improve productivity, coordinate internal activities, boost worker morale.
How much does the U.S. spend on projects every year?
The U.S. spends $2.3 trillion on projects every year.
How much does the world spend on projects of all kinds each year?
The world as a whole spends nearly $10 trillion of its $40.7 gross product on projects of all kinds.
When was the Project Management Institute (PMI) founded?
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How many individuals founded the PMI?
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