Friday, December 10, 2010

The Importance and Application of Project Management

In this super fast era of advancing technological development, time management is essential for success. Time is a commodity, so managing it correctly it increases its value. Utilizing time correctly involves managing resources, people, money and the related sub-resources. This is what Project Management deals with. A company's growth depends on how efficiently the time, resources, quality and ultimately money is managed. It is all about recognizing and targeting a particular goal and having the ability to handle each complex component of the project.


Therefore, Project Management is the amalgamation of these components: control, leadership and teamwork- these are essential to a successful project. Today, Project Management is a professional discipline with a body of knowledge and a specific set of skills. This is the reason that various Project Management Courses and Project Management Training programs proliferate throughout many institutions.


Successful Project Management is achieved by the intelligent application of sound principles. This is what the Project Management Courses focus on. The Project Management Training Course is designed to teach you the Project Management skills required to successfully implement any project within budget and on schedule. It also includes the use of the appropriate Project Management Models that can be applied at key stages in a project.


Generally the Project Management curriculum includes:


o Principles and Definitions


o Defining Responsibilities


o Project Management Processes


o Stakeholder Management


o Managing Communication


o Project Planning


o Managing Project Risk


o Managing Teams


o Advance Strategic Management


o Issues in Project Management


o Project Implementation and Evaluation


o Project Quality Management


o Project Management Symposium


Project Management opportunities not only exist for project managers but also for those who are part of a support team in a project or programme office or for team leaders with part of a project. Whether you choose Business Project Management or IT Project Management, the professional qualifications and practical skills for both can be attained with the help of the Project Management Course and Training.


When discussing courses related to Project Management, it is essential to include PRINCE2 (Project IN Controlled Environments) - a widely recognized formal qualification in the Project Management Method, which navigates through the essentials for running a successful project. More specifically, PRINCE2 is a process-based approach providing an easily tailored and scalable method for the management of all types of projects. The method is the de-facto standard for Project Management Training Courses in UK and is practiced worldwide.


Other courses include:


o Business Process Management Training


o Business Process and Change


o Project Management and MS Project Training


o Root Cause Analysis Training


o IT Service Management


Moreover, the Association for Project Management offers certification courses that are widely recognized, meaning that the holder is clearly a knowledgeable Project Management practitioner.


Project Management is the vehicle by which organizations seek to minimize the risks and costs of change, and maximize the benefits. If budget and time were unlimited, Project Management would be unnecessary. But this impossible as all companies desire excellence but within a limited period. Project Management takes strategic planning and proper implementation, which is possible only with proper training and knowledge.


Julie is a Project Management Professional and a member of Association for Project Management. For more information on Project Management Courses and Project Management Training visit http://www.aimacademy.com/

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