7 Reasons Why Project Management Matters

Project management sounds so easy, right? Just keep a project on track and all is good. But alas, it’s just not that simple.

The fundamentals of managing a project from start to finish require a team of individuals with different talents and skills. Those people are responsible for planning and executing the project objectives and that takes more than just labor and materials. A sound project plan can mean the difference between success or failure.

That’s reason enough for colleges and universities to offer degree programs in project management. It’s a hard skill to master, but well worth learning. And here’s why:

The Importance of Project Management

  1. Defines a path: A project needs to run straight forward. A clear path mapped out from start to finish ensures the outcome meets the goals of your project.
  2. Establishes a schedule: Without a schedule, a project has a higher probability of delays and cost overruns. A sound schedule is key to a successful project.
  3. Enforces teamwork: A project brings people together to share ideas and provide inspiration. Collaboration is the cornerstone to effective project planning and management.
  4. Maximizes resources: Resources, whether financial or human, are expensive. By enforcing project management disciplines such as project tracking and risk management, all resources are used efficiently and economically.
  5. Streamlines processes: To streamline means to weed out the unnecessary steps and processes that get in the way of efficient project decisions and results. With a project management plan in place from the very outset, time is used in a productive manner.
  6. Controls cost: Some projects can cost a significant amount of money so on-budget performance is essential. By implementing fundamental project management strategies, you reduce the risk of budget overruns.
  7. Assures quality: A strong team and a mature methodology helps identify potential risks which increases quality and productivity. The end result? A high-quality product or service and a very happy client.

These reasons in addition to many other factors are why companies hire people with project management skills. If you enjoy working as part of a team and thrive in a dynamic work environment, perhaps consider a career in project management or organization planning and design. Degree and certificate programs are specifically designed to teach students how to direct and manage projects through various stages. And you’ll learn what it takes to succeed in this fast-growing field.

Project Management Degrees

Purdue University Purdue University offers online programs for a BS, MS, and MBA in Project Management so whether you are trying to start your career or take it to the next level, you will find a degree that matches your needs. Purdue offers over 100 online programs, so finding a project management degree program that suits your needs is as simple as searching online.
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American InterContinental University For students who need greater flexibility in their education, American InterContinental University has online classes for an MBA and BBA in Project Management. The BBA program is designed to teach students fundamental skills and management tools while the MBA is a great match for working professionals looking to develop their careers.
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Norwich University Norwich University provides a distance learning program for its MBA in Project Management degree. Norwich is America's first private military school and focuses on providing leadership and administrative training to both military and civilian students. Norwich is especially a great choice if you are currently serving and deployed across seas.
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Northcentral University If you want to further your career by earning a graduate degree, Northcentral University offers a DBA and MBA in Project Management. While both programs require an undergraduate degree to enroll, the MBA program takes only two years to complete and the DBA can be complete in three. These programs use career-oriented curriculum to achieve tangible skills and results.
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