First published as a paper in the September 2000 issue of the Project Management World Today E-zine of the PMForum web site: http://www.pmforum.org.
Published here June 2001.

Abstract | Introduction | History of Economic Development
Social Spending | Project Management | Conclusion | References

Conclusion

It could be expected that projects are managed and therefore that management theory would apply to the management of projects but this research has revealed that the commercial nature of the origin of management and the industrial nature of the origin of projects has kept these two theories on separate paths.

Of particular interest has been the discovery that neither management nor project management, despite their importance to society and longevity of application, have to date not been ascribed professional status. That is to say no formal accredited body represents the "profession" in either case. If one is to consider that these two occupations are responsibly for practically all of wealth production and consumption, then greater is the surprise that no governing body exists.

Development of economies, businesses or people must be seen in a coordinated holistic manner where improved efficiency means more work for people, not less. Careful consideration should be given to applied technology in first world economies with high and increasing consumption while population diminishes, as opposed to third world economies with low consumption, increasing population and unemployment. Education is of pivotal importance to improve efficiency of man and machines. However, what is required is not education in academia, but in skilled methods of production.

The development of the business has progressed along two parallel paths over the past one hundred years. Business processes, the mechanics of the organisation, chain of command and human behavioural processes: "I-think, I-speak, I-do" have developed equally but have, like the tracks of a railway, never actually met.

The historical divergent nature of management and project management, has to be converged by the future needs of both to become recognised professions.

Project Management  Project Management

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