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New state standards for project management have been adopted

In order to ensure quality and efficient project management in the country, AZS ISO 21500: 2022 “Project, program and portfolio management. Context and concepts” and AZS ISO 21502: 2022 “Project, software and portfolio management. New state standards for project management” were adopted.

The new standard projects submitted by “PMO.az” were approved by the Azerbaijan Standardization Institute, a public legal entity subordinated to the State Service for Antimonopoly and Consumer Market Control under the Ministry of Economy, and included in the State Fund of Normative Documents on Standardization.

The new standards apply to all organizations, including public and private organizations, regardless of size and type, as well as to any project, program or portfolio, regardless of complexity and duration. The application of these standards in the country will be useful in the organization of effective governance based on international governance principles.