In today’s business environment, organisational leaders need to be able to manage tighter budgets, shorter timescales, scarcity of resources and rapidly changing technology. The business environment is dynamic with an accelerating rate of change. To remain competitive in the world economy, companies are embracing project management to consistently deliver business value.
Project management brings direction and leadership to projects. Without this direction, a team is unaware of where they are, which way they are heading and if they will ever reach the destination.
Irrespective of the development lifecycle (predictive, iterative, or agile) being adopted by the project, it can always benefit from standard project management principles, practices and techniques.