Project management refers to the planning, preparation and execution of a project so as to achieve the desired goals or target in the specified time. It involves the best utilization of human resources, material resources, technology, money and time. In a competitive globalized market, companies can ignore project management only at their peril. For companies to attain growth and stability, project management is indeed vital.
Contrary to popular belief, project management is not only applicable to big manufacturing or multi-locational companies, but it is vital for small and medium businesses as well.
Here are 6 reasons why project management helps your business to grow