If project management had no value, people wouldn't use it. They would execute projects through the old standbys of tradition, intuition, and trial and error. But project management does have value, and everybody knows it. The trouble is, nobody knows exactly what that value is. And many are starting to ask. Janice Thomas and Mark Mullaly have an answer of sorts in their report Researching the Value of Project Management. It is an answer "of sorts" because it is not a set of clearly defined equations or tools and techniques that practitioners may be seeking, but rather a comprehensive description of the search for the answer. It is a research report, not a paradigm for practice.
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