Do you, as a project manager, add value to your project? Do you add value to your company? If you’re a PM, I’m sure the answer is a resounding “YES!” Okay, now prove it.
So you say, “My last project came in on time and under budget.” How do you know it would not have been the same without you? Or maybe even more under budget since your salary would not have been there. How do you know the project would not have been completed sooner without all those meetings? So, unless you can undertake identical projects with and without a PM, you cannot come up with quantitative financial data defining a PM’s value….after the fact.
Here’s a report on the Value of PM from the Center of Business Practices. The only comment I’d make is that the survey is based on 100 responses from PM practitioners, of which 59% were project managers. That’s like asking Congress if politics is a good thing.
If you are in a company without project management initiatives, you may want to measure your financial, productivity, customer, and process metrics for a period of time before implementing PM procedures and processes. Then you may have some comparative data. Otherwise you may only have those “touchy-feely” kind of data, such as personal testimonials, anecdotes and “I just know it’s good.”
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