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Searching about Project Management? Here is Everything You Wanted to Know
by Sharon Rousseau Personal BloggerIf you are reading this then either you have heard about project management for the first time or you have vague ideas about this subject. People who have never worked with project manager before can forego the idea of hiring one as they may feel tempted to manage the project themselves. Nevertheless, it is a hefty financial investment so is it really better to do it yourself?
Well, that would be a mistake.
One of the perks of a good project manager is that they hold a project together and make sure that objectives are met on time and budget. A bad thing about failed projects is it can derail the initiatives and slow down business growth. However, it is also true that project tracking and meeting deadlines are just five precent of the entire project management. A project manager manages a project from the beginning to the end, meeting the purpose of the project in a strategically streamlined approach.
The simple definition of project management is the application of knowledge, tools, and techniques for managing project activities and meeting the requirements. The four significant stages of project management lifecycle are Initiation, Planning, Execution, and Closure.
Among these stages, the manager is required to plan and manage a project to effectively accomplish the goals and carry out the deliverables in a seamless manner. It also involves identifying and tackling risks, smart budgeting as well as maintaining clear communication within the team and stakeholders.
We will all agree to the fact that the number of easy projects is always less and complex projects involving many stakeholders are more. In such scenarios, having a project manager managing everything helps the project run smoothly by meeting the goals at the right time.
Given below are the top points that will help you understand the importance of hiring a project manager.
- Often companies overestimate that they can quickly meet the deliverables, underestimate the costs and in the end they are not able to catch up to their expectations. In that case, a project manager will always focus on the big picture ad set realistic targets, budgets and timeline in a planned manner. It should be noted that the absence of a proper management leads to many problems including inability to achieve the targets, exceeds budget due to lack of planning and other issues.
- Lack of goals is another reason due to which many projects fail to continue and this happens mainly when there is the absence of a good project manager. One of the main objectives of a project manager is to hone in on the priorities and illustrate the project objectives before the team members. When there is no manager to guide the team, the objectives get confused and that is deadlines are not met and other problems arise.
Overall, a good project manager oversees every aspect of the project so that he can see it to its success. In other words, with the right project management and the perfect resources, a company can grow and develop its business without any hindrance.
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About Sharon Rousseau 
Personal Blogger
35 connections, 0 recommendations, 130 honor points.Joined APSense since, April 8th, 2020, From Boynton Beach, United States.
Created on Jan 5th 2021 09:12. Viewed 203 times.
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