In the earlier post ‘Management by Projects – not just consolidated projects’ the concept of a business management approach, or methodology, of ‘Management by Projects’ was introduced. This earlier post defined what ‘Management by Projects is.
There must be significant and quantifiable benefits to warrant the implementation of the ‘Management by Projects’ approach in an organisation.
Following are some of these:
Information Availability
Few would dispute the benefits of Project Management. Especially when it comes to IT Projects. Most IT organisations practise Project Management for the larger software development projects or service projects. Project Management tools are not particularly cost effective for small projects and therefore tend to be used on projects of a particular level of complexity and scale.