History
Since the beginning of human history, there have been projects that needed to be completed and workers (whether they had the title “project manager” or not) who managed these projects. As industrial production and infrastructure projects became more complex in the mid-20th century, a need developed for a codified group of best practices for successful project management. Project managers and executives from the aerospace, pharmaceutical, telecommunications, and engineering sectors banded together to create these standards. In 1969, these and other professionals founded the Project Management Institute (PMI). In recent years, demand for project managers has increased dramatically as business operations have grown more complex and companies seek to gain an extra edge in the marketplace. According to PMI, “senior executives and human resources managers recognize project management as a strategic competence that is indispensable to business success. They know that skilled and credentialed practitioners are among their most valuable resources.”
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