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The Importance Of Project Management

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The Importance Of Project Management
Misti Hubbard
INF410: Project Management
Saturday, January 24, 2015

The Importance of Project Management
Project management has become an important aspect of business in many companies. Projects are integrated with the strategic views of the corporation to ensure maximum benefits are achieved.
Project management is a vital method to the economic process of a company. The advantage of project management is that the capability of achieving improved productivity and provides a company with quality within the work atmosphere. After you strive against a project, the target is to set up, deliver, and end the task at hand. Therefore, there are a unit techniques and steps to require once beginning a project. The project life cycle uses four stages to develop a purpose start line place to begin And a finish point. “The four stages are: defining, planning, executing, and delivering. The project manager is the person who would handle these functions and motivate his or her team to help in the process of completing the project” (Larson & Gray, 2014).
Describe how project management techniques enable the company to meet their strategic mission.
Project management techniques enable a company to meet their strategic mission by ensuring effective use of resources and strategic alignment. A project manager must effectively use their time wisely in order to achieve project goals. The strategic management provides resources as to how a team will proceed with a project. The process involves reviewing and defining the mission of the project. To formulate a strategy a manager must analyze the objectives and decide what is needed. The objective help achieve successful strategies in the project management. It is critical to implement the strategy with a strong priority system in order to avoid any conflicts during the process. It is extremely important to align project with the strategies implemented by the organization to effectively meet their strategic mission (Larson &

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