👉 The Project Effect, often associated with the Project Management Institute (PMI), refers to the overall impact a project has on its organization, stakeholders, and environment. It encompasses both positive and negative outcomes, including improvements in efficiency, innovation, employee morale, and financial performance, as well as potential disruptions, increased costs, and risks. Understanding and managing the Project Effect is crucial for project managers to ensure that projects not only meet their immediate objectives but also contribute positively to the organization's long-term goals and sustainability.
