Are you wondering if project management is really necessary?
By the end of this video, I'm going to give you all the key elements on the importance
of project management so you don't wait waste, time, resource budget,s or anything else because
your projects are not run properly, and if you want to become a project ninja, stay
tuned to the end is this video where I'm going to share with you how you can get your
hands on a checklist, on why projects fail.
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In this video, I'm going to give you a full breakdown on the importance of project management,
because this is something that, if you are in any industry whatsoever, having successfully
run projects, are going to ensure that your organization is successful.
So if you're excited about this, give this video a thumbs up and let's get to it.
Enables strategic alignment, projects are really important to organizations.
Why? Because most of them have been birthed out of strategic alignment.
There's goals, and strategies that organizations want to have implemented, and the best way
to ensure that this is successfully done, is to have someone who's a PMP, a project manager,
project lead, run the project. You just don't do this Willy nilly,
and so understanding that the importance of project management, is a pure correlation to
enabling strategic initiatives. Increases efficiency,
and I mean this both in time, and in resources, because with project management, what it does,
is it ensures that everyone is following things in a standardize, very thought out, methodical approach,
and if everyone is doing this, it ensures that every project is going to be going through
the same sort of internal checklist to ensure its success.
But not only that, if by chance you have team
members, or project managers that for whatever reason have to leave a project, perhaps they're
sick, maybe they won the lottery, Oh my goodness, good for them, not good for you.
Then you can have other people jump in because, it's the same standard methodology that everyone
is using. Provides exciting opportunities. So what do I mean by this?
Well, if we really think about it, I'm going to break it down, and extremely simplistically,
businesses really have two paths.
They have the product and service, that everyone is working on, it's the given, but then you
also have the special projects, all of that strategic alignment stuff.
So if you have people in your organization who are just doing their daily job, it's really
cool and very exciting when you can get subject matter experts involved in other types of
projects, and if they're run really well, and they're strategic, and initiative, and guess
what? It provides excitement.
Another way for you to retain people, because they are not just doing the daily things that they are supposed
to do based on a job description. They get to do some exciting stuff within your organization,
because you actually are labeling it as such.
The special projects. Ensure its focus and direction.
So companies who get the importance of project management, understand that by really embracing
project management principles, and ensuring that that's done, is going to make sure that everything
that they work on has focus and direction.
Now, that's going to become important when things get busy, that you're not sidetracked.
So project management allows for everyone to stay on track, and actually bring to fruition
what it is that everyone originally started off with. Ensures proper planning.
Okay, can you imagine if you had these really amazing strategic initiatives that you decided to
call projects? Fantastic, but everyone did it their own way,
and didn't share information, and you didn't have anyone really leading it.
Oh my goodness. It'd be a mess. Wait a minute.
Does that sound familiar? Okay. That's the importance of project management,
and so it allows for you to have proper planning.
It allows because of the methodology to ensure that you're looking at all the critical things,
everything from budgets, and resource, and timelines, to action plans, to risk management, even
change control, because that's something that really does kind of escape when it comes to
projects and then can lead to problems down the road.
Now that you know the importance of project management, it is time for you to become a
project Ninja. Go to the link below and grab this checklist is going to tell you the top 10 failures for
projects, something that you do not want to go down this road,
so check it out here so you can get all the answers.
Don't forget to subscribe to my channel, like this video and share it with all the professionals
that you know. Now, if you've ever come across where your organization does not know anything
about project management, let me know in the comments below.
Love to hear from you, until the next time. See in the next video.