Advantages of project management: For an organization view point it is ever challenging to include schedule management for all the work which they put in. Without appropriate schedule and maintenance all work and projects will fall apart. Just think about an IT organization whose work is to implement an ERP. A small delay in such a critical environment can make havoc at customers end. Therefore Project Management skills are very significant for any organization. Project management is a technique which enables a manager to guide a project from one point to the other in an efficient, cost saving and a simple way. Project management aids in to lead a team, work on a strategy and helps the project which can reach the desired phase. The workers benefit since most of the time they know how much amount of work requires to be processed in a specific amount of time. It makes a symbiotic relationship among the client, worker & the manager. Some of the benefits of project management are:
- Maximum efficiency in delivering services
- Raised Customer Satisfaction
- Bigger growth and development of the team
- The work become more effective
- It provides companies Competitive edge
- It makes an organization flexible
- Risk assessment
- It helps an organization to realize the bottleneck in the process
- Higher quality
- A better organized working unit