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The Power of Project Management

Project management is a way to track people, time and resources over the duration of a project using computer software. A project is a defined activity with a beginning, middle and end. Project management software would not be useful for retainer relationships where there is a continued presence and a multiplicity of activities, nor may it be worth the time for simple projects that one will do once and never again. However, since more and more PR agency work is being looked upon as projects, the software may have growing appeal for practitioners tired of “picking budget. | The Power of Project Management Project management certificate and degree programs can help academic institutions fill market demand attract a new group of students and maintain a healthy bottom line. Project Management Institute The Power of Project Management The Power of Project Management Education Executive Brief Project management has emerged as a powerful tool for addressing the complex needs and requirements of today s business world. Organizations around the globe are turning to the profession to ratchet up efficiency and trim costs. Increasing demand in turn translates into a growing need for universities and other academic institutions to develop programs that educate and train project professionals at all levels and for all industries. Although nearly 500 institutions offer undergraduate and graduate degree programs focused on project management and another 3 300 offer project management curricula more than 4 600 schools do not offer coursework on the subject at all. As more organizations seek out highly skilled project professionals educational institutions with a reputation for quality project management curricula will have a distinct competitive edge. Not only can a focus on project management help schools attract students across a wide array of areas of study it can also enhance the school s reputation and help build ties to the corporate government and not-for-profit worlds. Over the last decade globalization has placed ever-more complex demands on organizations. At the same time massive technological change has created an interconnected 24 7 world that presents companies with an array of challenges and opportunities that couldn t even be imagined in the past. At the center of this new world order is project management. Simply put Project management provides a structured yet flexible framework for tackling a wide array of initiatives faster better and in a more cost-efficient manner. Established approximately 40 years ago project management is a .