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The Importance of Project Management

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‘Why is project management important?’ is an interesting question that clients sometimes pose.  They’ll ask:   “Can’t we just brief the team doing the work and manage them ourselves? It’ll be loads cheaper.” They wonder if they really need project management because on paper it looks like an unnecessary tax and overhead as project managers don’t really deliver anything and often get in the way of what they want the team to do! So if all that’s true, why does project management matter? The truth is, running projects without good project management is a false economy. It’s often thought to be an unnecessary burden on the budget, and there’s no doubt it can be expensive – as much as 20% of the overall project budget. But can you afford to not have project management?  Without it, what holds the team and client together? And without it, who is left to navigate through the ups and downs, clashes, and catastrophes of projects? Great project management means much ...
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  Understanding Project Management Generally speaking, the project management process includes the following stages: planning, initiation, execution, monitoring, and closing. From start to finish, every project needs a plan that outlines how things will get off the ground, how they will be built, and how they will finish. For example, in architecture, the plan starts with an idea, progresses to drawings, and moves on to blueprint drafting, with thousands of little pieces coming together between each step. The architect is just one person providing one piece of the puzzle. The project manager puts it all together. Every project usually has a budget and a time frame. Project management keeps everything moving smoothly, on time, and on budget. That means when the planned time frame is coming to an end, the project manager may keep all the team members working on the project to finish on schedule. Video from Association of Project Management Types of Project Management Many types ...