Do you need customer support or technical assistance? Click here to submit a support ticket...
  • Page:
  • 1

TOPIC: Question Percentage of PM efforts in a project

Percentage of PM efforts in a project 8 years 2 months ago #581

  • SURENDRA VAIDYA
  • SURENDRA VAIDYA's Avatar Topic Author
  • Offline
  • Fresh Boarder
  • Fresh Boarder
  • Posts: 9
  • Thank you received: 0
Hi Fellow PMP-Aspirants and Gurus,

Is there any rule of thumb which can broadly indicate how much of the total value of a project could generally be attributed to Project Management efforts?

Of course there are wide variety of projects getting executed, conceptulized and planned across different industries. Hence such a question would be too open. But if the answer has to be in the context of Software / IT projects, then, can such indicator be worth seeking?

Thanks and regards,

Surendra Vaidya

Re:Percentage of PM efforts in a project 8 years 2 months ago #584

  • Cornelius Fichtner
  • Cornelius Fichtner's Avatar
  • Offline
  • Administrator
  • Administrator
  • PrepCast Instructor
  • Posts: 1106
  • Karma: 35
  • Thank you received: 184
Surendra,

Let me begin by saying: Interesting questions, but it's unimportant for the PMP exam. You don't have to know this to pass.

However, if you are truly looking for an answer then I must tell you that I don't know. However, there is one source where you might find this: The PMI published the Value of Project Management Study last year. So please stop by at www.pmi.org and see if you want to purchase that study. I don't think that anyone else has made any real empirical studies that might give you the answer.
Until Next Time,
Cornelius Fichtner, PMP, CSM
President, OSP International LLC
  • Page:
  • 1
Moderators: Yolanda MabutasAhmed AminScott GillardMary Kathrine PaduaERIC BARTLETTGail FreedmanKevin NasonSteven Mudrinich, PMPMark Wuenscher, PMPJohn WolvertonTracy Shagnea, PMPJada Garrett

OSP INTERNATIONAL LLC
OSP INTERNATIONAL LLC
Training for Project Management Professional (PMP)®, PMI Agile Certified Practitioner (PMI-ACP)®, and Certified Associate in Project Management (CAPM)®

Boost Your PMP Exam Prep in Only Six Hours! Join the Live PMP Coaching Class on Dec 02/03 for just $79. Learn More...
The PMP Exam is Changing in 2018
Simona and Cornelius
Free Interview - Listen Now

This interview with Simona Fallavollita (LinkedIn Profile) was recorded at the magnificient Project Management Institute (PMI)® Global Conference 2017 in Chicago, Illinois. We discuss the how, what, why and when of the changes that are coming to the PMP exam.

Thank you!
Cornelius Fichtner, PMP, CSM