Project management has been proven to be the most effective method of delivering products and services within cost, schedule, and resource constraints. Not only has the volume of projects and programs increased exponentially, they are getting more and more complex and must complete their life cycle in far less time. Project managers have the skills to ensure your projects are completed on time and on budget while giving your customers and other stakeholders the product or service they expect.
Project managers have the skills and expertise to:
- develop a project plan,
- plan and define the project scope,
- create and develop the project schedule,
- estimate and determine the project budget,
- perform quality assurance,
- define and allocate resources,
- manage the project communications,
- identify and manage risks,
- identify and mange stakeholders,
- and understand the project procurement process.
Key project management areas:
- Initiating and Planning Projects – A successful project requires careful upfront planning.
- Budgeting and Scheduling Projects – A successful project schedule helps all team members work together to meet project objectives. A project budget with realistic cost constraints is also an essential bedrock of any project.
- Managing Project Risks and Changes – A successful project manager manages project risk effectively by identifying, analyzing, and communicating inevitable changes to project scope and objectives.
Adhering to project management methods and strategies reduces risks, cuts cost and improves success rates. A strong and disciplined project management practice will drive your organization forward in the competitive marketplace and help navigate your organization through tough economic times.
Have questions about project management? Spire has experienced, certified project management professionals ready to assist you with all your project needs. Contact one of our team members today.
Source: White Paper, The Value of Project Management, Project Management Institute, 2010.