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Also furthering the concept of Project Control is the incorporation of Process Based Management. This area has been driven by the use of Maturity models such as the CMMi (Capability Maturity Model integrated) and ISO/IEC15504 (SPICE - Software Process Improvement Capability dEtermination). Both of these models have been successfully adopted by organizations all over the world in an effort to have better control over project. With a view to improving accuracy of estimation, reducing costs and preventing defects. CMMi is widely used in the defence industry and their subcontractors in the USA and Australia, and SPICE is growing in use in the private sector in Europe.
The main thrust of Process Management is the concept of knowledge management. It is the experience of companies that use these models that the creation of a set of defined processes detailing what the company actually does has enabled them to achieve consistency across project teams and project. They have also found that, when it is defined, their ability to track and monitor performance with a view to improvement is far more successful.
There have been several attempts to develop project management standards, such as:
See also: An exhaustive list of standards (maturity models)
So far, there is no known attempt to develop a project management standard available under the GNU Free Documentation License. There is a proposed Project Management XML Schema.