You may have heard the people saying that a
group of team members with no project manager is similar to a cricket team with
no captain. Hence, project management is a kind of indispensible function for
business and is utilized as a means of fulfilling the strategic objectives.
Project management has grown as an important
factor that decides the success of an organization. The expert of Khalifa Al Saif has stated
that project management function is not just limited to just IT industry, it is
across industries and geographies.
About
Project Management
Project Management is a universal tool
intended to give a successful way to finish a project within a predefined
budget and given deadline. In business, this provides a worthy and highly
effective structure which assists to recognize and concentrate on the
priorities, track and measure performances and lots more.
Rising
Need of Project Managers
Companies employ project managers so that
that the goal set by the clients as well as the stakeholders can be
accomplished within the decided timeframe. After all, companies do business, so
there has to a good return on investment (ROI). The project managers help to
keep the project cost not to exceed the predefined budget in combination with
on-time delivery so that ROI can be protected.
Importance
of Project Managers
Several people get perplexed about what
project managers actually do especially in agile projects. The reality is
whether the project follows the concept of waterfall model or agile methodology,
the presence of the project managers will always be expected because of
following reasons –
·
People are needed to be managed
and aligned with the project goals.
·
Requirements are similar to wind
that blows randomly every time, these unexpected changes require to be controlled
as well as manage.
·
Communication gaps require to be
bridged.
·
Process are not ideal, they
require to be enhanced.
·
Supervise and manage variations
and take measures to drag the project back on track.
Therefore, the successful project management
method leads to business success with lesser risk, reduced costs and most
crucial of all improved customer satisfaction.