“To win today, you must master the art of the Project!” Tom Peters uses this phrase to draw organizations’ attention to the importance of Project Management to their very existence. Project Management is the application of skills, tools, techniques, and knowledge to projects, in order to meet or exceed stakeholders’ expectations. The success of the project is usually measured by the following three parameters:
Project Management is the art of balancing these competing demands to produce the desired deliverables. Project Management ensures that projects have:
- Clear definition
- Proper planning
- Realistic expectations
- Smaller measurable project milestones
It is no coincidence that the above are some of the key reasons for project success, as sited by the famous Standish Group research: “The Chaos Report”.
Companies that invest in training their employees to apply the project management methodologies will reap the rewards of projects success and customer satisfaction.