Question

Which of the following is Not a benefit of having a formalized PMM (Project Management Methodology)?

1. Ensures Executive support

2. Enables the tracking of progress against pre-determined metrics and facilitates standardized reporting

3. Establishes a means for managing projects more efficiently

4. Provides a common language for communicating and planning prior to the start of the project work

Answer 1

Ensuring Executive support is not a benefit of having a formalized Project Management Methodology (PMM). A PMM is a system of methods, principles, and rules for managing a project. It provides project teams with a set of standards to start and manage individual projects. It provides all of the below mentioned benefits exceopt it does not ensures exeuctive support -

1. Enables the tracking of progress against pre-determined metrics and facilitates standardized reporting.

2. Establishes a means for managing projects more efficiently.

3. Provides a common language for communicating and planning prior to the start of the project work.

Hence option 1 is correct.