In simple terms, project management is the organising, planning, and management of a task or event. Let's break it down further. You can split project management into five stages:
Initiation - Turning an idea into a goal you want to achieve. What is the idea you have in your head? What is the goal you want to achieve?
Planning - Create a project roadmap, what you would like to have achieved by what point in the execution. Set up goals that are achievable using SMART targets for each goal
Execution - This is where all the work you have planned in the last stage comes to fruition
Monitoring - This happens throughout the processes, making sure your objectives, and roadmap are followed and adjusting where needed throughout
Closure - The project has finished, have a project debrief to discuss everything that has happened throughout the entire project management process
How to use project management process to help your business?
In business project management can be used not only in the organisation of events but can also be used by small business owners when they are about to launch a new product or service, ensuring that they have the best possible success out of the launch or expanding businesses who need to create a new department.
There are also ways in which project management can help not only in business but also in your personal life. Implementing project management protocols can help organise and ensure the smooth running of house relocations and organising parties amongst other things.
Here at VASS we offer a full range of project management services to support you and your business to find out more about our product management service contact us on the link below: