Project

management Project management theory

All projects exists because of a need, which can be the need of improve environment, the need of greater future profit or the need of improve people’s live standard (Reid, 1999). It means people create a project for certain purpose. If the project cannot deliver the desired outcomes or achieve purpose, then the project is failed. After huge time consuming and financial investment, no one would want a project fails, thus we use project management to make sure the project is going to be succeed .Project management is an approach that manages resources, cost and times to achieve a specific goal or complete a project. Manage a project is a very difficult thing, because it required a lot of attention and it also have lots of uncertainty risks such as human resource problem, environmental problem or public relation problems. Project management can provide a guideline that how to management resource and hedge the risks. A good project management can provide a roadmap of how to complete a project in different stages. Here are some lists of benefits (Kerzner & Saladis, 2009):

* Identification of functional responsibility. People need to know what roles they are in the project, so they can understand their responsibility and how to help the other people. For example, in construction industry, builder must understand they are shall focus on building the house, while electrician shall focus on doing the electric wiring.

* Encourage continues improvement. Project management shall keep improve the process while doing the project. It is not only can ensure the project quality, but also save the cost and time.

* Keep track of time and budget. Project management can help company to identify whether they are on schedule or behind schedule and whether they are spend over budget or within budget. This is the critical role in project management. For example, if a project needs more budgets, then project manager can look for funding...