NEC Technologies India (NTI) launched a research initiative in mid-2014 to shed light on the capabilities that global IT companies in India were building to help them scale the project management maturity curve. The research was commissioned by an NTI client in the IT industry with a strong regional presence that was looking to expand their business operations and product portfolio globally. Undertaken by the knowledge and advisory wing of NTI's market research and consultancy department, the research helped NTI's client benchmark their project management practices with those of global industry leaders, including their competitors. The mandate for the NTI team was to create recommendations of global leading practices that mature IT companies in India had established. Leading practices were in below areas:
The research focused on understanding the project methodologies that these companies followed and how well they tied in with the Knowledge Areas of A Guide to the Project Management Body of Knowledge (PMBOK® Guide). The research focused on four of the ten Knowledge Areas – Project Communications Management, Project Integration Management, Project Human Resource Management, and Project Quality Management. The findings from each organization were benchmarked against one another on NTI's in-house project management progression measurement tool (PMO-PMTTM) and the PMO Performance MetricsTM tool that determined the difference in the level of maturity on the benchmarked parameters for all the organizations. NTI's PMO-PMTTM tool revealed five new trending practices under heads such as project management process, resource capabilities, project management tools, authority of the project management office, and organizational culture. These practices were helping companies deliver successful projects in today's business environment. The tool also ranked these companies on these practices to understand how mature their project practices were. The white paper covers five case studies that demonstrate how mature project practices helped these companies overcome some common business challenges and achieve improvements in business outcomes. To learn more about NTI's research and the case studies, and find out what industry experts have to say about the research findings, click here to download the white paper.
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