The Value of Project Management - ENGINEERING MANAGEMENT

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The Value of Project Management Presentation Outline  Background information on project management  Ways to measure the value of ...

The Value of Project Management

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The Value of Project Management
Presentation Outline 
  1. Background information on project management 
  2. Ways to measure the value of project management 
  3. Examples of project management in healthcare organizations 
  4. Question and answer session

What is Project Management? 

  • A project is temporary in that it has a defined beginning and end in time, and therefore defined scope and resources. And a project is unique in that it is not a routine operation, but a specific set of operations designed to accomplish a singular goal. So a project team often includes people who don’t usually work together – sometimes from different organizations and across multiple geographies.
  • In addition to meeting project requirements, it’s also important to satisfy key stakeholders and make sure the results of the project benefit the organization 
  • Project management should be a strategic as well as a tactical tool
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General Benefits of Project Management 

  • Better control of financial, physical, and human resources 
  • Improved customer relations 
  • Shorter development times 
  • Lower costs 
  • Higher quality and increased reliability 
  • Improved productivity 
  • Better internal coordination 
  • Higher worker morale (less stress)
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