Companies can become reasonably mature in project management by designing the right support systems. in general, how much time usually elapses after maturity before a company becomes excellent in project management execution?

Question

Marcus Freeman

Business

27 March, 11:56

Companies can become reasonably mature in project management by designing the right support systems. in general, how much time usually elapses after maturity before a company becomes excellent in project management execution?

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Deacon Andersen · Answer 1

The answer is C) 5 years

Most companies start as small start-ups with little in funding. In the early years of a business, the founders would be most involved in only 2 things, either selling or manufacturing/development.

The early years of a business is linked to survival and growth. It is natural for the founders to not be able to focus on operational excellence.

However, as the company starts to make a profit, the founders are able to work on developing new processes to streamline everything and make it more manageable.

It can take up to 5 years before a company can reach organizational excellence.