Benefits of a Company-wide Project Management Platform - Webinar, July 2016
The Benefits of Project Management
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7/31/2019 The Benefits of Project Management http://slidepdf.com/reader/full/the-benefits-of-project-management 1/2 Page 1 of 2 Copyright © 2010 by Rita Mulcahy, PMP. All rights reserved. RMC Project Management, Inc. • 10953 Bren Road E. Minnetonka, Minnesota 55343 [email protected] • www.rmcproject.com • (952) 846-4484 The copyright owner hereby grants permission to make copies of this handout for personal, noncommercial use only. Tricks of the Trade ® The Benefits of Project Management Tricks of the Trade ® Te ollowing outlines the best-quoted comments on why project management is helpul. “Te use o project management techniques has become an increasingly well-accepted method or perorming a wide range o organizational tasks. More and more companies are coming to understand the unique benets that can be derived rom project management, including rapid product development, better and more ecient use o all resources (human and monetary), and increased and more productive cross-unctional communication.” — Pinto, Jeery K., and Om P. Kharbanda. “How to Fail in Project Management Without Really rying .” Business Horizons(July/August 1996): 45-53. “Project management is strategically important to the uture economic growth o industry in the United States and throughout the world because it represents one o the ew critical enabling strategies or strengthening a competitive marketplace posture. In today’s competitive environment, it is necessary to deliver quality products on time and within budget. Tereore, the importance o sound project management is critical.” —Bounds, Gene. “Te Last Word on Project Management.” IIE Solutions (November 1998). “A discipline recently labeled the No. 1 career choice or the 1990s by a major business magazine, project management oers the means to improve coordination o organizational resources, create eective teams, eciently operate in a rapidly changing environment, and minimize internal problems o system start-up and organizational acceptance. In short, project management oers us the key to solving many o the problems that continue to plague our eorts to interconnect our organizations.” — Pinto, Jeery K. “Te Power o Project Management.” IndustryWeek (August 18, 1997): 138-140. “Experience in many important industries—construction and engineering, sofware development, proessional services—demonstrates the potential or project management to contribute signicantly to organizational eectiveness. Recognition o project management as a discipline has progressed to the point that many unders and procurement specialists will not deal with a company which ails to include project management among its essential management practices.” — Willis, George. “Management by Projects.” CMA (June 1998). by Rita Mulcahy, PMP
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Transcript of The Benefits of Project Management
7/31/2019 The Benefits of Project Management
http://slidepdf.com/reader/full/the-benefits-of-project-management 1/2
Page 1 of 2Copyright © 2010 by Rita Mulcahy, PMP. All rights reserved.RMC Project Management, Inc.• 10953 Bren Road E. Minnetonka, Minnesota [email protected]• www.rmcproject.com• (952) 846-4484
The copyright owner hereby grants permission to make copies of this handout for personal, noncommercial use only.
Tricks of the Trade ® The Benefits of Project Management
Tricks of the Trade ®
Te ollowing outlines the best-quoted comments on why project management is help ul.
“Te use o project management techniques has become an increasingly well-acceptedmethod or per orming a wide range o organizational tasks. More and more companies arecoming to understand the unique bene ts that can be derived rom project management,including rapid product development, better and more e cient use o all resources (humanand monetary), and increased and more productive cross- unctional communication.”
— Pinto, Je ery K., and Om P. Kharbanda. “How to Fail in Project Management WithoutReally rying .” Business Horizons(July/August 1996): 45-53.
“Project management is strategically important to the uture economic growth o industry in the United States and throughout the world because it represents one o the ew criticalenabling strategies or strengthening a competitive marketplace posture. In today’scompetitive environment, it is necessary to deliver quality products on time and withinbudget. Tere ore, the importance o sound project management is critical.”
— Bounds, Gene. “Te Last Word on Project Management.” IIE Solutions (November1998).
“A discipline recently labeled the No. 1 career choice or the 1990s by a major businessmagazine, project management o ers the means to improve coordination o organizationalresources, create e ective teams, e ciently operate in a rapidly changing environment, andminimize internal problems o system start-up and organizational acceptance. In short,project management o ers us the key to solving many o the problems that continue toplague our e orts to interconnect our organizations.”
— Pinto, Je ery K. “Te Power o Project Management.” IndustryWeek (August 18,1997): 138-140.
“Experience in many important industries—construction and engineering, sofwaredevelopment, pro essional services—demonstrates the potential or project management tocontribute signi cantly to organizational e ectiveness. Recognition o project management
as a discipline has progressed to the point that many unders and procurement specialistswill not deal with a company which ails to include project management among its essentialmanagement practices.”
— Willis, George. “Management by Projects.” CMA (June 1998).
by Rita Mulcahy, PMP
7/31/2019 The Benefits of Project Management
http://slidepdf.com/reader/full/the-benefits-of-project-management 2/2
Page 2 of 2Copyright © 2010 by Rita Mulcahy, PMP. All rights reserved.RMC Project Management, Inc.• 10953 Bren Road E. Minnetonka, Minnesota [email protected]• www.rmcproject.com• (952) 846-4484
The copyright owner hereby grants permission to make copies of this handout for personal, noncommercial use only.
“PMP”and the PMI REP Logo are marks of the Project Management Institute, Inc. RMC Project management has been reviewed and approved as a providerof project management training by the Project Management Institute (PMI). As a PMI Registered Education Provider (R.E.P.), RMC Project Management hasagreed to abide by PMI-established quality assurance criteria.
“Project management provides signi cant bene ts to companies and to managers when theprinciples and methodologies are consistently applied:
• Helps managers identify ill-conceived and directionless projects.
• Increases visibility with a road map for participants to work toward.
• Promotes teamwork and communication across departments.
• Enables managers to be proactive, rather than reactive.
• Enables managers to predict costs and make more informed decisions.”
— Wallace, Ron, and Wayne Halverson. “Project Management: A Critical Success Factor ora Management Fad.” Industrial Engineering (April 1992).
