Project Management, what is and why you should invest on it

Posted by Grasp Team on September 5th, 2018 in Business
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Have you ever heard about Project Management? Do you really know what it means? The complete definition says:

Project management is the practice of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals and meet specific success criteria at the specified time.

Project Management is the application of processes, knowledge and skills to achieve the project objectives. Projects come in different shapes and sizes and in different levels of complexity and it is very important to always comprehend the relationship between effective project delivery and maximising profit on a business level.

Project Management is one of the fundamental methods of an organisation as it adds order to the company, it is also essential to guarantee that you have the correct aptitudes and information about managing a project. Project Management training will also help to have a better sense of time and resources.

Project Management may look easy, but when you try you realise it is not. Managing a project from the beginning stages until it is completed requires many skills and talents.

Offering Project Management training to your employees has several benefits for both the employee and the company.

Benefits of Project Management training:

  • Better understanding of the importance of time, setting goals and objectives. Project Management training will teach the capacity to organise the objectives and using the time effectively.
  • Determining how to estimate company resources needed in future projects and setting realistic budgets.
  • Learning how to elaborate project documentation for every step of the project.
  • Easy learning of Project Management software with an accessible learning curve.
  • It offers a formal qualification that demonstrates appreciation of the elements needed to achieve success, today’s essential techniques and tools and adds value to every project led.
  • Experience in Project Management should never be underestimated, but having the right credentials demonstrate the drive and determination to succeed. These characteristics add to an effective project, and businesses are continually searching for individuals who are consistently developing themselves professionally.
  • Project management training will teach the importance of setting and prioritising goals, budget management and meeting deadlines, all of which can be applied to everyday business activities.

It’s important to remember that the need to engage in such projects is becoming more and more common, and is affecting employees and employers. This is the result of the pressures on business to try new ways in which to increase efficiencies.

If you are totally new to Project Management and wish to advance into the industry, a training course is the best place to start.

If you are looking for a professional Project Management training course in Gibraltar, at Grasp we are offering PRINCE2 and PRINCE2 Agile training with Foundation, Practitioner and Foundation & Practitioner qualifications.

Click here to see all the information about our Project Management training courses in Gibraltar.
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