Project Management is quickly becoming a field of study and importance in the business world. A search on the Internet of the title “Project Management” yields hundreds or results including forums, training manuals and job openings for related positions. Project Management is a broad term referencing the necessary steps taken by management to ensure a product is feasible before and during implementation. According to Project Management Learning Objectives, the steps to achieve success in this area include: testing and measuring products, evaluating and managing the product cycle, comparing costs and benefits, measuring product worth, economic analysis, product analysis, teambuilding and leadership, and budgeting and cost control (Project Management Outline). Project Managers oversee many different areas of the business and are responsible for project success.
Importance of Project Management
Since the concept of Project Management is broad, many different aspects of a business rely on successful Project Management. “Projects” can include product line development, attaining company goals, boosting employee morale, and product costing, to name a few. This area of business is important because it determines every minute detail required to get the product produced and to the consumer. There are several steps required to assure project success. These steps are briefly outlined in the following paragraphs.
Step 1: Determine project goals. It is important to define what the project is, as well as what the expected inputs and outputs are. According to Project Management Tutorial Online, in order for project goals to be accomplished, this must be a team oriented decision. “Give everyone the opportunity to contribute and :buy-in” to what is going to happen” (Project Management Tutorial Online). When everyone on the team is expected to contribute to the ideas and goals of the project, they gain a personal emotional attachment to the project outputs. The Guru Guide explains that
“The most productive organization is the one in which “there is the largest
Amount of voluntary action; people do the right things, things that optimize
Total effectiveness, at the right times-because they understand what ought to be
Done, they believe these are the right things to do, and they take the necessary
actions without being instructed” (Boyett, 37).
Research has proven that employees are more likely to work towards company goals when they [employees] believe in and support the goals. It is imperative that management and employees determine project goals to ensure that everyone is working toward the same goals and outputs. An implemented project with no employee backing will not be as successful because employees do not feel the project is their project, therefore, they do not see the outputs as representation of themselves. Since many projects require a large amount of time to complete, many times employees may...