What is IPMA and what this model can offer to Brazil - Part V

3 IPMA Project Excellence Awards

The IPMA^® annually presents project management awards to project management teams that exploit and can prove great achievements in project management. By rewarding teams that prove their success in project management, IPMA recognizes and acknowledges excellent and innovative projects. The "International Project Excellence Award" was awarded in the year 2002 for the first time.

The IPMA^® Project Excellence Award system provides the following general benefits

·         Applicants find out in which areas their project work can be improved, and experience what promising project management in its entirety means.

·         A unique form of benchmarking for project work (Project Benchmarking) results from both the comparison of best project team performance and the individual project report issued by the international assessor team.

The finalists and winners and the organisations responsible for their project

·         can show that the winners and finalists are one of the most successful and internationally recognized project teams

·         are invited to pass on their experience of Project Excellence at the annual IPMA World Congress and can exchange professional experience with the other winners

Projects from different industries and with certain amount of effort in time and cost can apply for the IPMA International Project Excellence Awards. Since 2010 the applicants have the possibility to apply in three Award categories:

Project Excellence in

·         Medium-Sized Projects

·         Big-Sized Projects

·         Mega-Sized Projects

The IPMA International Project Excellence Award model includes the following 9 criteria

which shall satisfy the demand for customer satisfaction, employees’ development and participation, Partnership with suppliers, Leadership, Social responsibility, Processes and facts, Results.