Why Project Management? Importance

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Why Project Management? Importance
Ana Laura Robledo Corpus, Member
I think every company needs to constantly change as is currently required to be competitive.
Project management is a critical part in this, as is deciding about the right projects, the project control and the resource commitment in the organization.

What is the Importance of Project Management?
Paul D Giammalvo, Member
Prof. Ana, as evidenced by the taming of fire, invention of the wheel, the pyramids in Egypt, the Great Wall of China and the other "wonders of the ancient world", it seems as though project management as a delivery system has been part of human development for thousands of years.
I would argue that the propensity of humans to "initiate, plan, execute, control and close" projects is somehow "hard wired" into the human psyche - that if we donít have projects to do, we invent them?

We Need Project Management for Strategic Projects
thiga, Member
Unlike the routine operations which organizations undertake, project management often focuses on the big picture of where the organization wants to be, by implementing projects that will deliver the desired change.
Itís often a strategic tool to achieve a competitive edge for example by a re-engineering project or a project aiming to enter a new market.
In doing so, it's critical to understand what each project targets to achieve and set benchmarks that allows periodic reviews along these targets. And most importantly, the top management must support and believe in the initiative, commit the resources required as well as help resolve any bottlenecks.

What is the Importance of Having a Project Manager?
James07, Member
A project manager plays a big role. Generally, a project managerís assignments fall under the wide umbrella of "keeping a project on track to achieve its goal." This can mean working with a wide variety of people, from C-level executives to hourly support staff.
A project manager must define what a project will achieve - and then ensure it meets those goals. The first step is to estimate the time, human and capital resources, and steps needed. Then, the project manager forms the teams to carry out the tasks - and leads them toward completion. Project managers provide much-needed direction to ensure that at every phase of the project, each contributor knows what's expected.
Project managers communicate with upper management and outside vendors and clients as needed. In fact, proactive communication is one of a project manager's most important functions.

Importance of a Project Manager & Project Management
K.Narayana Moorthy, Member
A Project Manager is PROCESS focused. The main Project Manager Responsibilities are:
  • Delivering a specific end result or product, with quality, cost and time restraints
  • Plan effectively (tasks are planned and scheduled)
  • Ensure an appropriate project team is selected
  • Ensure plans made are implemented and problems are resolved
  • Ensure on completion, project is reviewed and team disbanded
The main benefits of project management are:
  • Better efficiency in delivering services
  • Improved customer satisfaction
  • Improved development and growth within the team
  • Opportunities for expanding services
  • Better flexibility
  • Improved risk assessment
  • Increase in quality


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