EVERYTHING YOU NEED TO KNOW ABOUT PROJECT MANAGEMENT

Project management is the method for the planning, organization, collaboration, evaluation, and control of resources necessary to achieve one or several objectives.

Some basic concepts for the management of adequate and effective projects, with which to obtain benefits with the minimum investments. And in the end, what is involved is to optimize production processes, take advantage of resources and achieve productive work routes.

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Before knowing what is the management of projects, we must be very clear about what is and what is not a project. Interestingly, giving an accurate project definition becomes a great challenge for many of the professionals involved in project management.

The projects are unique processes, characteristic for fulfilling three fundamental principles:

  1. They have a start and end date
  2. They follow pre-established requirements, related and coordinated among themselves
  3. Include limitations of time, costs and resources

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Project management tools are designed for flexible management it is now possible to check how much it costs you to add a certain activity to your project or move that collaborator to perform tasks in that other activity. You will also check the time that the changes involve to get as close as possible to the end date of the project.

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BENEFITS OF PROJECT MANAGEMENT

By professionalizing the management of projects, and applying effective techniques in our company we will be obtaining very valuable benefits that will directly affect the results of the organization. So, the main benefits of applying project management thanks to tools designed for it, such as:

  • Optimization of work routes.
  • Identification of critical roads and bottlenecks.
  • Cost management and budget of the different possible scenarios.
  • Coordination and teamwork.
  • Constant communication and information with which to manage the pace of project development.
  • Monitoring and control of the operation of the project, with respect to planning.
  • Realistic plans, based on the available resources.
  • Application of the company‚Äôs know-how, thanks to lessons learned in the management of other projects.
  • Flexible plans that manage setbacks.
  • Shared documentation

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