Why is project management important?
Posted: Tue Jan 28, 2025 4:54 am
This job entails a great responsibility and the professional in charge of this task must be able to anticipate changes, resolve unforeseen events and understand the needs of the client. To a certain extent, the success or failure of the business rests in their hands .
This is why project management certification is increasingly required to ensure that the person has the knowledge and skills necessary to perform this task.
Various studies carried out to date reveal that companies that have professionals specialised in project management experience a significant improvement in project development and the success rate increases.
The most direct tangible benefits are as follows:
Visibility on project status.
Stakeholder involvement .
Projects aligned with the company's strategy.
Teams aligned with objectives.
Almost 30% more projects completed on time.
More than 20% of projects within the established budget.
More than 20% of projects achieve their stated objectives.
In conclusion, a lack of organizational activity significantly diminishes the success of projects and strategic initiatives.
Best practices to manage your projects successfully
Although it depends on the project management methodology you want to apply, there are some basic principles. Universia highlights these:
Understanding the real value of project management.
Actively involve executive sponsors.
Align your projects to a strategy.
Develop and maintain project management talent.
Use standardized project management practices across the organization.
These five aspects are the fundamental bases, but in afghanistan phone number data addition, every project manager must always apply these six good practices:
1. Define the scope of the project
The first step is to define the objectives we are pursuing with the project, an essential action to achieve efficient and real planning. Ask yourself this question: what do I want to achieve: organize an event for 1,000 people, expand the company internationally, improve your digital reputation...?
The scope defines the limits of the project and from these you must establish which tasks are inside or outside of it and the amount of work to be done.
It is essential that these objectives are defined together with the client, since the latter must always be an active part of the project and not a mere spectator.
2. Define the tasks to be carried out
In the field of Project Management, this practice is known as Work Breakdown Structure (WBS): it involves breaking down all the tasks that make up the project and converting them into small deliverables. In this example, made in Excel, we can see that the main deliverables are in levels 1 and 2 marked in blue. Below these are the tasks that must be carried out in order to finish the deliverable, what the deadline is and who is responsible for the team.
This is why project management certification is increasingly required to ensure that the person has the knowledge and skills necessary to perform this task.
Various studies carried out to date reveal that companies that have professionals specialised in project management experience a significant improvement in project development and the success rate increases.
The most direct tangible benefits are as follows:
Visibility on project status.
Stakeholder involvement .
Projects aligned with the company's strategy.
Teams aligned with objectives.
Almost 30% more projects completed on time.
More than 20% of projects within the established budget.
More than 20% of projects achieve their stated objectives.
In conclusion, a lack of organizational activity significantly diminishes the success of projects and strategic initiatives.
Best practices to manage your projects successfully
Although it depends on the project management methodology you want to apply, there are some basic principles. Universia highlights these:
Understanding the real value of project management.
Actively involve executive sponsors.
Align your projects to a strategy.
Develop and maintain project management talent.
Use standardized project management practices across the organization.
These five aspects are the fundamental bases, but in afghanistan phone number data addition, every project manager must always apply these six good practices:
1. Define the scope of the project
The first step is to define the objectives we are pursuing with the project, an essential action to achieve efficient and real planning. Ask yourself this question: what do I want to achieve: organize an event for 1,000 people, expand the company internationally, improve your digital reputation...?
The scope defines the limits of the project and from these you must establish which tasks are inside or outside of it and the amount of work to be done.
It is essential that these objectives are defined together with the client, since the latter must always be an active part of the project and not a mere spectator.
2. Define the tasks to be carried out
In the field of Project Management, this practice is known as Work Breakdown Structure (WBS): it involves breaking down all the tasks that make up the project and converting them into small deliverables. In this example, made in Excel, we can see that the main deliverables are in levels 1 and 2 marked in blue. Below these are the tasks that must be carried out in order to finish the deliverable, what the deadline is and who is responsible for the team.