What is Project Management?

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Project management can make or break an organization. The most successful businesses have project managers who know how to harness the skills and resources within their organizations to run projects in the most efficient, cost-effective and productive ways possible. If you want to become an indispensable part of your company, get project management training and get started on the path to a successful business career.

Here’s what you’ll do as a project manager:

The Project Management Institute® identifies five key processes to successful project management:

Initiate: At the outset of any project are well-defined goals and a full understanding of what the project will entail. What are the outcomes you need to achieve and what is the overall scope of the project? As a project manager, you’ll need to define your problem before you can identify and implement a solution.

Plan: Once you understand the mission of your project, you’ll design a plan. You will determine the required tools, equipment and personnel. Then you’ll assess your available resources and create a plan with a structure, budget, timetable, and deadlines. It is also key to define where and how you will measure your success in achieving the goals of your project.

Execute: You have a goal, a plan, your resources, and measurable outcomes. Now it’s time to put your plan into action. As a project manager, you are a team leader. You’ll manage, motivate and communicate with your team members and stakeholders to accomplish the project goals.

Monitor and Control: Throughout the project, you will need a process for review. In measuring your progress you may find that you need to adjust your plan. You may need to move resources, reorder priorities and adjust deadlines if you encounter stumbling blocks.

Closing: A project is completed when you have confirmed that the goals of the project were met. Successful project managers plan to finish on time and on budget. At the completion of your project, you’ll look back and consider what worked well and what could have been done better. The best project managers always learn from their past successes and failures.

Key Project Management Certifications:

The Project Management Institute® has several certifications that are globally recognized. The two most common certifications are the Project Management Professional (PMP)® and Certified Associate in Project Management (CAPM)®. Both certifications demonstrate that you have a fundamental knowledge of effective project management, but the PMP® requires record of at least three years of experience in leading projects.   

Knowledge and use of project management skills can improve the management of any business. The PMP® and CAPM® certifications have become globally recognized as marks of leadership. At American National University, we understand the value of project management training and incorporate it into several of our career-focused programs including Business Management, Applied IT Management, and Cybersecurity. In fact, American National University is one of the only universities to offer a bachelor’s degree in Business Administration Management that includes preparation for the CAPM® as a part of our curriculum. We also offer courses specifically designed to train project management professionals interested in the PMP® certification. Contact us today at 833-388-1100 to learn how project management skills can help you find success in your business career.

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