Question

Why is project management so important in any field? How can project management be applied to implement supply chain strategies?

please beware of plagrism

Answer 1

Project management is important

1. to ensure that there is a proper plan to achieve the strategic goals and objectives of the organisation

2. To implement proper leadership and direction to the projects.

3. It focuses on services delivered are right , correct and delivers real value against the business oppurtunity

4. It is important to maintain the quality ,efficeincy and effectiveness

5. It helps in risk management that the risks are properly identified, managed and mitigated

6. It focuses on achieving the maximum benefits by using all resources in systamatic order and also eliminates the unneccesary moves.

How can project management is applied to supply chain management:

Project management plays an important role in the implementation of successful supply chain and its intiatives. Project management helps supply chain in reduction of risks of overbudgets.

Project management helps supply chain in providing

1. detailed reviews about the progress of the project

2. Helps in developing and maintianing the project charter including effective communication structure given the complexity and importance of stakeholder management.

3. Focuses on all activities from one end to other end and gives details analysis about the project

without proper strategic management , there will be no strategy and direction which inturn effects its quality, deleiveries and also increases risk