What if all projects were handled on the fly? No plans, no organization, none of that. We just brief the team on what needs to be done and they jump straight in. Like baking a cake. You wouldn’t draw up an action plan to bake one, no?
Unfortunately, most projects are complex and multi-faceted, requiring careful planning, organizing, and monitoring.
Only by having a structured approach, supporting processes, and clearly defined responsibilities, managers can deliver stellar results while staying within the project’s constraints. However, despite global recognition and the obvious benefits and advantages of project management, the field remains underappreciated.
According to a survey by the Project Management Institute (PMI), only 58% of organizations realize the actual importance of project management and how it allows them to effectively tackle the issues they face. Similarly, the percentage of companies that use standardized project management practices across the board is only 23%.
Having an effective project management structure can do wonders for your organization. Apart from stimulating productivity, enhancing transparency, and providing a clear vision to the team, project management can bring the following advantages to the table.
Project managers must ensure that the whole team shares a collective end-goal and work together to achieve it. The overall efficiency and productivity of the entire team get significantly improved which leads to other benefits as well.
Similarly, other resources like the budget, software, machinery, and others can be arranged effectively to avoid project delays during the execution. Through properly allocating each resource in the beginning, you can also monitor the phases that are more demanding and prepare accordingly.
By figuring out a smarter and efficient direction, you can ensure that each task is optimized to give you maximum output at the lowest cost.
A satisfied client would also refer your organization to other potential customers, which means free marketing for you. This can be an extremely effective marketing strategy for businesses.
Project management today is completely different from what it was a decade ago. With the introduction of different cloud-based project management tools, project teams are no longer bound by geographical location or tedious departmental regulations. Project management tools centralize all data and allow users to track progress, assign tasks and give feedback easily.
Any modern organization that wants to stay ahead of the competition needs to have the right tools. If you’re looking for a simple, intuitive project management tool, take Kissflow for a spin. Start your free trial today.