If you are doing any kind of project you need to have project management.  This is so important that we will talk about it.  Project management is the area that is responsible for overseeing all the different components of a different project.  There are four areas that project management covers which are scope, time, cost and quality (or error free). As outlined on any good prince2 project management course.

Scope management is what we generally think of when we think of project management.  This is the area where a work is completed.  The scope management plan lets the new team know what exactly they will be doing and how the process is going to be.  Depending on the kind of scope project this could be complete outsourcing of certain areas of a job or it could be very specific.  Scope management is essential to a good plan or any other plan that needs to be implemented for a project.  If we want any kind of assurance that a project will be successful there is scope management.

Time management is something that you will do in both your home life as well as your job.  When you want to find more time to work you will also find more time to do the things that you want to do.  A good time management plan must be created that will help you with this.  When creating a time management plan you must make it realistic and set goals for yourself.  To do this you can ask yourself what you have done in the past that has helped you achieve where you are now.  If you can come up with some reasonable goals that you would like to reach you will find you are half way there or more.  The goal is usually to have enough time to do the things that you want to do.

Cost management is the process of making sure that you are getting the best value for whatever you are doing in a project.  The reason that this is so important is that you can save a lot of money if you are managing your costs.  Using project management in this way will help you to save yourself money.  When you are managing costs you will be able to see and increase your project budget thus allowing you to save a lot of money.  To do this you will need to do the budget planning that your project requires.

We all like quality which is why it is so important that you do quality projects right.  The same is true in project management.  When you make sure that all your projects are completed up to standard and you are meeting customer expectations you will be able to provide the quality for your customers.

The last area that plan management covers is quality.  When you are doing quality management you are finding ways to make sure that you are meeting your production goals.  When your goals are met and exceeded you will be able to still meet the customer expectations that you set.

When you plan management you will be able to do these things so that your project management is effective.  Let us put it this way; by managing your project with these four area control your requirements and you will experience success.  We will cover more of these in the future articles but in the meantime we need to cover it so we are going to cover it using an example.  If we wanted to fix our fuel economy and use less fuel at the stations a project management plan would look like this:

When developing a plan for your project make sure that you place an operating budget in for every of the various categories which you request in the budget request.  The hierarchy of the resident operating budget will allow you to further establish where you want your specific budgets to go offline.  These are the things that you want to have budgeted in for.  The first thing you will have to do is establish the actual operating budget which will allow you to have a general idea of what you will be spending.  Next add in the cost budgets that you want to put into the various operating areas.  Adding in the costs along with the budgeted amount will allow you to know the overall cost that you will have to cover.  Once you have done this you will be able to compare the operating budgets to the amount that you have set as the maximum for the total cost.  If the budget is not on track to meet your worst case that you will need to cut back.

Using project management makes life so much easier on you.  If you are a business CEO you would like that to be a reality.  When you are doing things the right way and following a great plan you allow yourself to have more time to focus on other things.  That is why you need to make sure that you apply project management.  Organizing, developing and completing projects fast and the right way is the way for more success in this world and knowing that you are getting there with one or more plans helps.