Project Management
Project management helps organizations meet their customers’ needs by standardizing routine tasks and reducing the number of tasks that could potentially be forgotten. Project management ensures that available resources are used in the most effective and efficient manner. Project management provides senior executives insight into “what is happening” and “where things are going” within their organization.
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The application of project management principles enables senior executives to:
- Establish measures of success
- Enable customer focus and alignment
- Quantify value commensurate with cost
- Optimize the use of organizational resources
- Incorporate quality principles
- Put strategic plans into practice
- Ensure fast time-to-market
The purpose of a project management is to divide the program/project into manageable units of work to ease planning, tracking, assessing and controlling of cost, schedule and technical content. It idendities the performance of total work, with increasing levels of detail.
