Merits of Project Management
Reasons why organizations use project management
- Increased understanding of the project and its purpose
- Clarification and alignment with organizational goals
- Ability to define and control project scope
- Prioritization of functional and project activities
- Ability to identify, monitor and track milestones
- Accurate projection of resource requirements
- Capability and mechanisms to measure performance
- Improved assessment and mitigation of project risks
- Improved communication amongst project participants
- Identification and communication of problem areas