Success of Project Management

Success of Project Management

Introduction

The unified approach of Project Management applied acroos sectors is study of methods of planning, managing, leading, executing and controlling possessions in order to achieve a particular task. The unified aproach of project management is achieved through the application of the above mentioned tasks. These methods of achieving a particular task of project management cannot ensure the complete success, however, gives a chance to attain success. Disregarding these methods will certainly lead to project failure. Project may be simply explained as a temporary effort with a proper plan to ensure the achievement of a goal under confined time and allowed budget. The main purpose or primary objective of project management is the achievement of all the tasks related to project under the assigned work frame. This work frame is based on the scope, quality, time and budget of the project. However the more ambitious task of project management is to concentrate upon the essential inputs and allocating them to predefined objectives.

Project management plays an important part for the company's progress. It helps across all sectors to run in a manner that will prove to be successful for them. This is done by projecting the time frame which is needed in planning and completion of the current and future projects. The project management involves process of bringing new projects on flow and into the market imposes demands on al sectors and essentials different management techniques from those required to maintain ongoing techniques. In such circumstances, where organizations have limited, exclusive and unusual responsibilities, the project management methods can be successfully implemented.

Discussion

Research and literature review

Project management is a unified approach that can be applied across sectors defined as the planning and managing a project in order to acquire a certain goal. Different tools and techniques like planning, controlling, leading, managing and execution of the activities are helpful to achieve the desired outputs with respect to different limitations in terms of cost and time. Project management is being divided into three different stages which include project planning, project scheduling and project implementation and its controlling and monitoring. Completion to budget, satisfying the project schedule, adequate quality standards, and meeting the project goal are the obvious indicators of achieving succeeds of project management.

Project management unified approach is of most importance for the growth and success among all sectors. The main task of project management is to achieve the scope and quality of the project within the constraints of time and budget. As the sectors are evolving with new ideas, products and services; they require a proper project management plan to achieve improvement over the existing ones. They need to create a project which serves effectively in order to gain an objective or task and this can be done by using project management.

Project management is an important tool to understand and effectively implement in today's business environment. Project management belongs to every organization, every country and every individual. Like a person who decides to take a short route to ...