This allows cross-functional teams to create and share project information. The development of project management capabilities in organisations, simultaneously with the application of information management systems, allow enterprise teams to work in partnership in defining plans and managing take-to-market projects by synchronising team-oriented tasks, schedules, and resource allocations.
In this scenario, project management becomes a very important and powerful tool in the hands of organisations that understand its use and have the competencies to apply it. That is, to keep ahead of their competitors, organisations are continually faced with the development of complex products, services and processes with very short time-to-market windows combined with the need for cross-functional expertise. Whilst the 1980s were about quality and the 1990s were all about globalisation, the 2000s are about velocity. These undertakings may be diverse, such as, the development of a new product or service the establishment of a new production line in a manufacturing enterprise a public relations promotion campaign or a major building programme. The importance of Project Management is an important topic because all organisations, be they small or large, at one time or other, are involved in implementing new undertakings.
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