CMMI®
Capability Maturity Model® Integration (CMMI) is a process improvement approach that provides organizations with the essential elements of effective processes. It can be used to guide process improvement across a project, a division, or an entire organization. CMMI helps integrate traditionally separate organizational functions, set process improvement goals and priorities, provide guidance for quality processes, and provide a point of reference for appraising current processes. [CMMI website]
CMMI® is the next logical step in optimizing business. Developed by the Software Engineering Instutute at the Carnegie Mellon University with software engineering in mind, the model is flexible enough to be implemented in almost every kind of project-based business model.
Project Management (PM)
Project Management is the discipline of organizing and managing resources (i.e. people) in such a way that the project is completed within defined scope, quality, time and cost constraints. A project is a temporary and one-time endeavor undertaken to create a unique product or service, that brings about beneficial change or added value. [Wikipedia]