Question

In: Operations Management

What are the benefits of project management? Based on your readings, how might you improve your...

What are the benefits of project management? Based on your readings, how might you improve your project management skills?

Solutions

Expert Solution

Below are the few benefits of project management.

  • Project management allows to work with wide varieties of product,services and industries.
  • Project management helps to maintain the quality of the products/services.
  • Project management helps to maintain effective communication process
  • Projects management ensure proper allocations of resources in various level of organization.
  • Project management helps to manage the cash flow within the organization.
  • Project management helps to maintain the accountability and compliance of project activities.
  • Projects management ease the way for collaborating with different stakeholders and shareholders.
  • Project management ensure motivation in the employees through awards and appraisal.

Below are the few tips to improve project management skills.

  • Communicate with the team members effectively to clear doubts and queries.
  • Accept the challenges that arises in the projects.
  • Go through brain storming sessions to explore more and to think innovatively.
  • Utilize the project resources effectively.
  • Set personal goals that align with the organization Goals.
  • Collect the feedback after every activity in the project to improve in upcoming days.
  • Maintain organization and business ethics.

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