Our company works in a project management based organization. Our project management principles are a necessary to accomplish our goals. This allows us to:
Projects are naturally chaotic. The primary business function of project management is organizing & planning projects to tame this chaos. It’s hard to think of any complex business endeavor that was ever achieved without organization & planning. Our Project managers are responsible for the organization, planning and control of projects.
Any good project is going to have risk. We know that business owners are constantly taking risks. Risk is a fundamental part of business strategy. However, risk needs to be managed. Risk is that chance of a negative event or loss. Uncontrolled risk taking ends in asset destruction and compliance issues. Project management identifies, manages and controls risk.
Quality is the value of what you produce. There’s not much sense producing something that has no value. We cannot leave quality to chance. Our project managers identifies, manages and controls quality.
Projects don’t happen in a vacuum. They need to be integrated with business processes, systems and organizations. You can’t build a website, that doesn’t integrate with your sales process and sales organization. It wouldn’t add much value. Integration is often key to project value. Our project managers identifies and manages integration.
Projects always happen in an environment in which nothing is constant except change. Projects are always a moving target. Managing change is a complex and daunting task. It’s not optional. Unless you can put your business universe on pause, change happens whether you manage it or not. Project management manages change.
Business initiatives typically encounter regular issues that must be managed to achieve objectives. Project management plays a critical role in identifying and clearing issues.
Retaining and Using Knowledge
Projects generate knowledge — or at least they should. Knowledge represents a significant asset for most businesses. Left unmanaged, knowledge tends to quickly fade. Project management ensures that project knowledge is captured and managed. Therefore we continue to grow and improve.
Learning From Failure
Projects or pieces of projects can fail. When they do, it’s important to learn from the process. Learning from failure is key to business innovation and quality improvement. Project management ensures that lessons are learned from project success and failure.