Over 60% of organizations fail without proper project management, emphasizing the necessity of effective integration for efficient, timely, and budget-friendly project completion. https://kodakco.com/blog/why-is-project-management-important-in-an-organization/

1. WHY IS PROJECT
MANAGEMENT
IMPORTANT IN AN
ORGANIZATION
OVER 60% OF ORGANIZATIONS
FAIL WITHOUT PROPER PROJECT
MANAGEMENT, EMPHASIZING THE
NECESSITY OF EFFECTIVE
INTEGRATION FOR EFFICIENT,
TIMELY, AND BUDGET-FRIENDLY
PROJECT COMPLETION.

2. TOP 5 IMPORTANCE OF
PROJECT
MANAGEMENT
A well-defined project management
strategy and expert understanding
can significantly benefit your
company by ensuring project stays
within parameters, increasing output,
enhancing visibility, and guiding the
group towards a common goal.

3. 1. COORDINATING
GOALS AND
PROMOTING
EFFECTIVE
COMMUNICATION
Project management involves setting
goals, communicating objectives,
outlining duties, and developing a
unified teamwork strategy to facilitate
efficient collaboration and problem-
solving among team members.

4. 2. BETTER RESULTS
FROM PROJECTS
Project management ensures
strategic alignment, value-adding
products or services, client
achievement, and business
framework alignment, focusing
on sound business cases and
return on investment.

5. 3. CUT COSTS
AND SAVE
TIME
Project management techniques ensure
timely completion, budget control,
resource utilization, and cost reduction by
plotting the project's path and anticipating
milestones from the start.

6. 4. PRACTICAL PROJECT
MANAGEMENT
Project management is crucial for planning, setting objectives,
budgeting, stakeholder communication, resource
management, risk assessment, and cost estimation to ensure
successful project outcomes.

7. 5. PROMOTES
ONGOING
SUPERVISION
Project management is a vital process
that involves planning, defining the
goals, budgeting, coordination with
stakeholders, and costing to ensure
successful projects.

8. PROJECT MANAGEMENT:
WHAT MAKES IT A GOOD
CAREER CHOICE?
The increasing demand for project management
expertise is expected to grow due to digitization,
industry needs, and technological advancements,
making KodakCo's PMP certification course an
excellent option.