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Global Project Management: Achieving Sustainability in Diverse Multinational Organizational Development Initiatives

Global Project Management: Achieving Sustainability in Diverse Multinational Organizational Development Initiatives
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Author(s): Emad Rahim (Bellevue University, USA)and Terrence Duncan (Bellevue University, USA)
Copyright: 2021
Pages: 12
Source title: Encyclopedia of Organizational Knowledge, Administration, and Technology
Source Author(s)/Editor(s): Mehdi Khosrow-Pour D.B.A. (Information Resources Management Association, USA)
DOI: 10.4018/978-1-7998-3473-1.ch133

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Abstract

Project management (PM) is a growing field of study that focuses on delivering project success utilizing a framework of analytical techniques, problem-solving, and leadership skills to achieve desired project objectives. The projected increase demand of jobs within a multitude of industries has increased the demand for certified Project Management Professionals (PMP). According to a 2019 report by the Project Management Institute, the demand for project management services from 2010 to 2020 was projected to be 11 million jobs in multiple industries, with a projected global revenue stream of $6.61 trillion. The need for additional certified professionals is due to the rapid rise of globalization. A significant challenge in multinational organizations is enhancing the benefits of project management to achieve organizational objectives. The purpose of this article is to examine the benefits of project management PM within the global context to improve organizational development.

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