Developing the right means to achieve business results on time.

By Global Trust Association

24 June, 2019 | 17:06hrs

Developing initiatives, meeting needs, solving problems, implementing legal requirements, or simply generating specific ideas for economic growth or extending public benefits coverage are situations that any company must deal with, and for which it must find the right way to achieve the desired results. Any of these situations may be covered by a project, which is an effort or set of activities having a specific time to achieve a result (product, service or solution) according to certain objectives, in relation to a need, demand or problem.

In this respect, a project comprises a number of main characteristics, e.g., the temporary and unique nature, the uncertainty associated with implementation, the ability to incorporate or generate changes in the company, and especially, the ability to generate the right combination of resources generating value or benefits for the company.

Accordingly, for achieving a successful project, an appropriate confluence of several resources (human, material, financial, etc.) is required; therefore, it is necessary to designate a responsible person capable of organizing, coordinating, directing, and controlling the activities and resources allowing achieving the expected results for the project, as well as the expected benefits for the business or company. This person is known as a Project Manager and carries the responsibility of ensuring everything the project implies, as well as the fulfillment of its objectives, that is to say, Project Management.

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