Worldwide IT spending continues to grow, and Forrester Research predicts that U.S. IT spending will grow by another 5.7 percent in 2005, to reach $795 billion.
-In 2003, the average senior project manager in the U.S. earned almost $90,000 per year, and the average Project Management Office (PMO) Director earned more than the average Chief Information Officer ($118,633 vs. $103,925).
-The Apprentice, the number-one U.S. reality television show in 2004, portrayed the important role of project managers.
-Butler, Steve, “IT Spending,” Analyst Views, February 2004.
--PMI, Project Management Salary Survey, Third Edition, 2003.
Term: What is a Project?