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Introduction to Project Management

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Introduction to Project Management
1) What are some of the principal reasons why project management has become such a popular business tool in recent years?

Project Management has become a very important and popular business tool in recent years. If you want a successful project you should have a person in charge to keep the project organized. A project manager must have strong leadership skills such as:
Integration management,
Scope management,
Time management,
Cost management,
Quality management,
Human resource management,
Communications management,
Risk management, and procurement management.
Also, The Project Manager may also have to deals with standards and regulations of the project, management skills, project environment, and interpersonal skills. All of these are key ingredients for project organization because without it, a project may not flow efficiently or financially.
2) pass
3) What are the advantages and disadvantages to using project management? Advantages * Workflow Management, *Cost Containment, and *Productive Staff Utilization,
Project management creates a system whereby workflow is measured and accounted for, ensuring that resources are used judiciously in fulfilling the goals of the project. Managing projects from start to finish can help control project costs and help a project manager retain control over his budget, identifying problems or issues before they turn into roadblocks. Effective project managers make determinations about appropriate staffing and team formation in the early stages of project planning.
Disadvantage * Micromanagement, * Miscommunication Costs, and *Lack of Creativity
Project managers who micromanagement, have the potential to confuse innovative thinking when their staff are focused on a preset outcome within strict parameters. Which does not gives staff or the company no room to grow. It is important to have clear communication, in order to keep miscommunication cost down. Another disadvantage restrictions and can discourage staff to

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