The Relevance Of Project Management: The Importance Of Project Management

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The importance of Project Management is a key topic because all organizations, be they small or large, at one time or other, are tangled in applying new activities. These activities may be different perspective, like the development of a new product/service; the creation of a new production line in an industrial enterprise; or a major building program. The main target of using project management has changed over the years. According to Tom and Sara (2014), in the 1980s it was about quality and the 1990s were all about globalization. However, after 2000, they changed to velocity. That is, to keep ahead of their competitors, organizations are frequently confronted with the progress of complex products, services, and processes with …show more content…

This partnership allows cross-functional teams to form and share project data. However, this is not enough; information management systems have the potential to allow project management applies to be implemented in a real-time environment. The output of this potential project management expertise leads to a nationally or globally detached of users who are able to simultaneously view and cooperate with the same updated project information directly, including project schedules, threaded discussions, and other related documentation (Catalin; 2014). In this case, the term isolated operator takes on a catholic meaning. It not only contains the cross-functional management teams but also experts are drawn from the organization’s supply chain, and the …show more content…

Contemporary project management techniques build their roots in two analogous .The first case was related to the U.S Navy, which at that time their duty was connected to the control of contracts for its Polaris Missile project. These contracts were comprised of research, development work and manufacturing of parts that were exclusive and had never been previously undertaken (Sapolsky,

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