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Why is project management important
Why is project management important
Why is project management important
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Do we need certification in project management? How many certifications are there and which one is the best among them? Is it worth the time and effort? Why is it worth or why not? Answers to these questions are the main focus of this paper. The requirement for project management is real and companies acknowledge it. Many new projects are underway in various organizations. It can be a new product that a company wants to release into the market before the competitors or technical expertise outsourced to another company. Projects differ in their goals, budget, requirements and resources. Project Management helps the organizations to go through the process in a systematic way, taking every factor into consideration. In the last decade, many projects …show more content…
It is the most popular and highly reputed among all the project management certifications. PMP offers in-depth knowledge about handling of a project. PMP certification is not based on one methodology and this helps professionals to adapt to different industries in any geographic location. This certification gives immense knowledge and recognition to be considered for the position of Project Manager. It is administered by Project Management Institute in the US which is a world’s leading not-for-profit professional membership association for program, project and portfolio management profession. It is a knowledge-based approach to project management that illustrates what should be known to manage projects with good practices. The descriptive framework explains the knowledge areas, such as time management, risk, etc. in detail and each topic can be studied in isolation. Professionals with PMP certification are officially recognized as having excellent knowledge of project management terminology and process boundaries. PMP certification doesn’t guarantee a professional to become the best project manager. However, getting PMP certification means a professional is equipped with quality information to excel in project management
With the intention of providing the organization and team members the opportunity to improve their skills and understand project management models, the PMO will foster education and a “lessons learned” database for future
The project management is a skill to apply the functions correctly which measures the outcome of the project, the more the skill the nice the outcome will be. This comes through experience and having a proper knowledge of some of the functions like
Project management is known as the discipline of planning, organizing, motivating, and controlling resources to achieve specific goals. In the diagram to the left in the picture you can see that as a project manager you are the center of either a great accomplishment or a major failure. Some of the major factors to being a successful project manager would be a person that is a great manage several projects or responsibilities and scope issues on an every day basis. If you have a pr...
Gray, Clifford F.; Larson, Erik W., Project Management – The Managerial Process, Copyright © 2001 by The McGraw-Hill Companies, Inc.
Project Management Institute. (2012). A guide to the project management body of knowledge (PMBOK guide). Newtown Square, Pa: Project Management Institute.
Scrum is an Agile methodology system used for project management. The origination of Scrum has helped teams to improve immensely in product delivery, feedback and discoveries, and has also reduced complexity in project. A Certified Scrum Manager is a leader of the Scrum team according to area of specialization. You may like to visit http://www.scrumalliance.org for information on Scrum Training and Certification.
A project is a temporary endeavour undertaken to create a unique product or service. They are goal oriented, have a definite start and finish time, must be done within cost, schedule and quality parameters. Projects involve the coordinated undertaking of interrelated activities (Project Management: Achieving Competitive Advantage). According to Tom Peters, “Projects, rather than repetitive tasks, are now the basis for most value-added in business”. Based on this, it is clear that projects are of utmost importance to businesses in both the service and the manufacturing industries.
Project Management Institute . (2008). A Guide to the Project Management body Of Knowledge. Newton Square, PA: Project Management Institute, Inc.
Project Management Institute (PMI) (2013). Project Management Professional (PMP) Handbook. [ONLINE] Available at: http://www.pmi.org/certification/~/media/pdf/certifications/pdc_pmphandbook.ashx. [Last Accessed 20 April 2014].
Phoenix-based PMP Tools ( http://www.pmptools.com ) provides test materials for project managers studying for professional certification exams. Test takers can find prep courses, review books and study tools on the site, which employs 11 people. Brent Knapp, the site’s founder, started publicizing PMP Tools by posting information in Yahoo Groups chat forums and by buying lists from Hoovers and Forbes for marketing mailings. His results were decent, but not perfect. He got a 3 percent response from what was then a $3,000 monthly project that took three days to complete.
Your project has been chosen, and you have been selected as the Project Manager. Your employment now is to successfully deal with the project to fruition. For your project to be effective, you have to comprehend what precisely constitutes a project, and which criteria are used to figure out if a project is fruitful or not. I’ll tell you why should you use project management. Today 's much focused business environment strengths companies to make superb items at a lower expense and in a shorter span.
In the globalized economy, Successful project managers are in much demand across many industries. Organizations strongly need experienced project managers to lead their staff to accomplish their business goals and deliver successful projects. In an increasingly complex environment, project managers need to turn into many roles and have all kinds of responsibilities at each level of management within an organization. Good project managers are not born. They need to be trained. They develop their skills through study, practise and experience. They become better project managers after they finish a successful project each time. They learn new techniques and apply them on their projects. They learn their lessons from failed projects and then improve to be better project managers in the future.
To help me with my career goal of working in a project management position, I have already taken steps to boost my project management skills through self-study. I regularly read books on the subject of project management, and also like to read about the development of important projects in the news. During the course of working in project management roles in the past I attended short workshops and training courses to help me in my role. At present I am also studying towards the examination to obtain the Project Management Institute’s Project Management Professional
Project management involves all activities that encompass scheduling, planning, and controlling projects. A successful project manager ensure that an organization’s resources are being used both efficiently and effectively. Most projects need to be uniquely developed require a sense of customization and the ability to adapt to any posed challenges. The scope of effective project management includes defining what the project is and what is being expected to be accomplished. Projects are imposed to fulfill a certain need and project managers must have the ability to create the proper definition. Goals and the means used to attain those goals have to be clearly stated. Project Managers must also have the ability to plan
When planning a new project, how the project will be managed is one of the most important factors. The importance of a managers will determine the success of the project. The success of the project will be determined by how well it is managed. Project management is referred to as the discipline that entails the processes of carefully planning, organizing, controlling, and motivating the organization resources so as to foster and facilitate the achievement of specific established and desired goals and meet the specific criteria of success required in the organization (Larson, 2014). Over the course of this paper I will be discussing and analyzing the importance of project management.