The Impact of Project Management on Organizational Success

In today’s world, where every industry is changing at a fast pace, project management techniques continue to evolve and adapt to changing industry needs and global best practices. However, besides the changes, it is clear that well-defined project management techniques and processes are directly linked to organizational success. 

According to a report by Project Management Institute, project management job growth is expected to reach 33%. Hence, by 2027 there will be more than 87 million open project management roles to be filled. 

Considering the emphasis on the demand for project managers, it also reflects the understanding of the impact that effective project managers can have on an organization. 

Project management helps every aspect of business operations run smoothly and ensures that employees are aware of every task that has been or should be finalized. In this regard, it is easier to keep track of the tasks and make sure that everything is under control. 

In addition, it is very important to empower the organization’s employees with the best practices, tools, and techniques in project management so that they are on the same page and work in collaboration to deliver the intended results. Considering the increasingly competitive global marketplace, this is the only way to survive. 

PECB ISO 21502 Project Management training course provides guidance that can help project managers and project-based organizations deliver projects successfully. The standard also provides high-level descriptions of practices that are effective in project management.

The Importance of Effective Project Managers

A project manager might be considered the leader of the ship, responsible for holding the team and the client together, through uncertainties, roadblocks, and conflicts. An effective project manager will be able to get everyone on the same page while helping the organization optimize the use of their resources and maximize value creation; thus, achieving their intended outcomes. 

Effective project management is not just about short-term organizational success. It contributes to the successful delivery of projects, programs, and portfolios, and ultimately leads to long-term organizational success. On the other hand, a failed project lowers the morale of the employees and results in the disruption of new initiatives while also preventing business growth. 

ISO 21502 recommendations promote employee collaboration and enhance communication among personnel, suppliers, and customers relevant to the project, which results in stakeholder engagement and customer satisfaction. 

Besides the aforementioned, below are some benefits of project management in an organization: 

Better Planning

The role of a project manager within an organization is to lead the project team and allow them to see the big picture. In this way, the requirements would be known beforehand, the budgets would be planned, the timeline would be mapped, and the targets would be achievable and realistic; so that the project would be on the right track. 

Consistent communication

Communication is one of the key elements as it can have a significant impact on the performance of the team. No project plan is complete without a communication structure. The role of a project manager is to create channels of communication, direct the team and gather them at regular intervals to discuss the progress, and the obstacles, and plan on the upcoming activities that should be performed. If the team has a good project manager, it will work together as a cohesive unit to achieve the intended goals.  

Optimized resource allocation

One of the main goals of an organization is proper allocation of its assets, and without good project management, resource allocation would not be as organized. Project management would make it possible that people from different departments and skill levels are optimally used, so that their talent and knowledge is used when needed the most. 

An effective project management makes this possible through ensuring that the team shares a collective end goal and collaborate to achieve it. Moreover, resource allocation and most importantly smart planning contribute to the overall productivity and efficiency of the entire team. 

Enhanced quality and productivity 

Considering the short timelines and tight budgets, project managers are always under pressure, however, with the right project planning and quality control the intended outcomes can be achieved. The use of different methodologies, such as Scrum and Kanban, facilitate planning and ensure that the quality standards are met. In addition, ISO 21502 would be a valuable asset for the organization. The standard can be applied to any type of organization and all types of projects. 

Why Choose a Career in Project Management?

Due to the advancements in technology, evolving industry needs, as well as digitalization, the nature of work is continually changing. In this regard, the work should be organized around projects, through teams that consist of individuals based on the specific skills and the expertise needed to achieve the planned results. 

As soon as organizations realize the benefits and values of a project management strategy, experts in project management are highly required. Project managers are critical and play a major role in the project’s success. In addition, based on the value and input that a project manager would bring to an organization, a career in project management is considered to be future-proof. Specifically, experienced project managers will be demanded, regardless of industry or sector. 

You could start with a certification in ISO 21502 Lead Project Manager training course which would help you to develop the necessary competencies for initiating, planning, monitoring, directing, controlling, and closing a project based on the guidelines of ISO 21502.

Why choose PECB?

As a global provider of training, examination, and certification services, PECB aims to help you demonstrate your commitment and competence by providing you valuable education, evaluation, and certification against internationally recognized standards.

Our ISO 21502 certifications represent peer recognition of your professional capabilities and demonstrate that you are able to manage and support projects by using efficient project management practices.

About the author

Albana Iseni is a Senior Product Marketing Manager for ISR at PECB. She is in charge of conducting market research while developing and providing information related to ISO standards. If you have any questions, please do not hesitate to contact her: marketing.ism@pecb.com.