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Publication of Scientific Management
The publication of Frederic Taylor's "The Principle of Scientific Management" was released. -
The Gantt Chart was Developed by Henry Gantt
One of the forefathers of project management, Henry Gantt, is best-known for creating his self-named scheduling diagram, the Gantt chart. It was a radical idea and an innovation of worldwide importance in the 1920s. One of its first uses was on the Hoover Dam project started in 1931. Gantt charts are still in use today and form an important part of the project managers' toolkit. -
AACE Formed
Early practitioners of project management and the associated specialties of planning and scheduling, cost estimating, cost and schedule control formed the American Association of Cost Engineers (now AACE International) in 1956. It has remained the leading professional society for cost estimators, cost engineers, schedulers, project managers and project control specialists since. -
DuPont Corporation Invented CPM
Developed by Dupont, The Critical Path Method is a technique used to predict project duration by analyzing which sequence of activities has the least amount of scheduling flexibility. Dupont designed it to address the complex process of shutting down chemical plants for maintenance, and then with maintenance completed restarting them. -
PERT Arose from Navy's Polaris Project
The United States Department of Defense's US Navy Special Projects Office developed PERT as part of the Polaris mobile submarine-launched ballistic missile project during the cold war. PERT is a method for analyzing the tasks involved in completing a project, especially the time needed to complete each task and identifying the minimum time needed to complete the total project. -
US DOD Mandated WBS Approach
The United States DOD created the WBS concept as part of the mobile submarine-launched ballistic missile project, then published the work breakdown structure it used and mandated the following of this procedure in future projects of this scope and size. WBS is an exhaustive, hierarchical tree structure of deliverables and tasks that need to be performed to complete a project. Later adopted by the private sector, the WBS remains one of the most common and useful project management tools. -
IMPA was Founded
IPMA was the world's first project management association started in Vienna by a group of project managers. Since it's inception, it has grown to over 120,000 members. -
PMI Launched to Promote PMs
Five volunteers founded the Project Management Institue as a non-profit professional organization in hopes of advancing the practice and profession of project management. Since then PMI is most noted for their PMBOK book as a tool for learning PM as well as two levels of PM certification. -
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PROMPTII-PRINCE-PRINCE2
PROMPTII was a method developed in 1975 at an attempt to set down guidelines for the stage flow of a computer project. Then came along PRICE in efforts to standardize UK government information systems projects in 1989. From there, PRINCE2 was established and published as an upgrade to its predecessors in order to help reduce cost and time overruns for Information Systems and Information Technology projects. -
Scrum Named as a Project Style
Scrum is an agile software development model based on multiple small teams working in an intensive and interdependent manner. Although Scrum is intended for management of software development projects, it can be used to run software maintenance teams, or as a general project and program management approach. -
PMBOK Named a Standard
The PMBOK (Project Management Body of Knowledge) was named a standard by the American National Standards Institute (ANSI) in 1998 and again later in the year by the IEEE (Institute of Electrical and Electronics Engineers). -
Agile Manifesto is Written
In February of 2001, a few software developers met in Utah to discuss software development methods. They published the Manifesto for Agile Software Development to define the approach now known by the same name. -
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4th and 5th Editions of the PMBOK Published
Between 2008 and 2012, the 4th and 5th editions of the PMBOK were released. the 4th edition includes a standard that is easier to understand and implement. Then the 5th edition provided guidelines, rules, and characteristics for PM understood as good practice in the profession -
ISO 21500:2012 Released
The International Organization for Standards published the ISO 21500:2012, Guidance on PM, as generic guidance in explaining the core principles and good practices in PM. -
6th Edition of the PMBOK
The PMI released the 6th edition of the PMBOK to include Agile methodologies and practices as well as include current industry trends that can only be described as progressive and impactful from the PMP and CAPM certifications through the PMI.
