Project management is the process and activity of planning, organizing, motivating, and controlling resources, procedures and protocols to achieve specific goals in scientific or daily problems.
The project team manages the work of the project, and the work typically involves:
- Balancing competing demands for: project scope, time, cost, risk and quality
- Satisfying stakeholders with differing needs and expectations
- Meeting identified requirements
The term “project management” is sometimes used to describe an organizational approach to the management of ongoing operations. This approach treats aspects of ongoing operations as projects in order to apply project management techniques to them. Project management focuses critical attention on the independent nature of complex tasks – an action, or failure to take action, in one area will usually affect other areas.
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 provides senior executives insights into “what is happening” and “where things are going” within their organizations.
The application of project management principles enables senior executives to:
- Establish measure 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 place
- Ensure fast time-to-market
Email or call us at 831-236-8176 at to learn more about our project management skills and leadership development process.