Project Categorization Systems: Aligning Capability With Strategy for Better Results

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The ability to efficiently manage complex new projects is directly affected by an organization's ability to remember past successes and learn from past challenges. Yet in many organizations this ability is limited due to classifications systems that have evolved over time, rather than being actively designed as a logical, organized categorization process. In their new publication, Crawford, Hobbs and Turner study the important role that categorization systems play in successful organizations, and analyze the challenges and limitations project managers face as they introduce more formal classification systems. The authors also introduce a best practice model that can be used to implement or revamp a classification system, and deliver a thought-provoking call to action, urging organizations to make better use of the knowledge acquired through the project management process