Although a project is still defined as “a temporary endeavor undertaken to create a unique product, service, or result” (PMI, 2008, p.5), the concept of “a project is a project is a project” is no longer sustainable. IntroductionĪs the project management world proceeds from the traditional methodology to advanced iterative approaches, several management styles related to innovation, creativity, and learning are adjusted and adopted (Leybourne, 2008). Project Type Profiling (PtP) is demonstrated based on a 'WOW' project in an Israeli high-tech company. The final phase involves a comparison of new projects to the company's ultimate project to define the management approach that promotes project success. The process starts with an analysis of this “Ideal Project” based on the Diamond Model (Shenar & Dvir, 2007) to classify the appropriate management style and processes.
One of the company's best projects is identified, modeled, and used as reference for further projects.
In the current paper, we present a method to develop and implement best practices in a high-tech project-based company.
However, due to the diverse nature of projects, identifying the most appropriate practices for a project is not an easy task. “Best practices” are those techniques that provide consistent success in an organization and are used as a benchmark.