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Importance of Project Management - Coggle Diagram
Importance of Project Management
Help deliver success by creating a vision for success
Creates & Enables motivate teams through alignment & clarity
Ensure Customer Satisfaction by connecting customer with project teams
Strategic Alignment
Ensures project goals aligns with strategic business goals
Deliver the right thing
Deliver real value to business
Leadership
Bring leadership & direction to projects
Clear Focus & Objectives
Tames chaos thru planning & organising
Plan to execute strategic goals
Helps team focus & refocus
Realistic Project Planning
Manages expectation around delivery
Crates clear process with achievable deadlines
Managing Risk
Mitigation of Risk
Risk Identification
Manages Risk
Control of Risks
Managing Quality
Defines agreed quality standard
Puts controls in please to ensure quality standard is met
Regular checks on quality
Managing Integration
Ensure integration of project with business
Process
Systems
Organisations
Project progress tracked & reported
Managing Change
Clearing Issues
Retaining & Using Knowledge
Capture project knowledge for future use
Learning from Success & Failures
Project Management Benefits
Increased likelihoodof success
Efficient use of resources
Satisfying various stakeholders
Financial, Physical & Human resource control
Improved Customer relations
Shorter development time
Lower cost & Improved productivity
Higher quality & improved productivity
Higher profit margins
Better Internal co-ordination
Increased likelihood of meeting strategic goals
Higher worker morale