Simply stated, project management, or PM, is a process of organizing and managing resources that deliver a completed product, service, or result that is completed within time, cost, and quality constraints and meets or exceeds the needs and expectations of the customer. Sounds simple, doesn’t it?
The bad news is that less than 50% of all projects succeed.
The good news is that there’s never been a better time to become a project manager!
Smart businesses in all industries understand the value they can gain from project management, including lower costs, increased efficiency, higher customer satisfaction, and greater competitive advantages. In the coming years, organizations that want to sustain and leverage these gains will increase their advantages by embedding PM processes and developing PMOs in their organizations. These will all contribute to the increased need for Project Managers.
But before any project gets started, organizations need to determine problems, identify business needs and recommend viable solutions. This is where the role of the Business Analyst comes into play.
Watch Careers in Business Analysis and Project Management to learn about these dynamic fields from Project Management Institute (PMI) representatives. Discover the basic components of these disciplines, career paths, and the various certification opportunities.