Project management is no longer used only in some exceptional cases, on the contrary, more and more rapidly it is becoming the standard way of doing business. A growing proportion of work in ordinary type companies is being performed as projects. In the future, the increase of importance and vital role of projects for the strategic orientation of organizations is being expected .
Reduction of product life cycle is one reason to claim for project management training importance. One of the main reasons that make project management a vital, is to reduce the life-cycle of products. Instantaneous dissemination of information around the world reduces the competitive advantages, which are also easy to forge. Automated production also led to radical changes in the product life cycle. At a much shorter life cycle for the company that must constantly be on the way new products and manage to put it on the market before their competitors. Six-month delay in the project in developing high-tech products, as a rule, leads to a loss of 33% of potential revenue. Speed to market for new products with short life cycles has become extremely important for all organizations because of the high rate of technology change. Speed is a competitive advantage, more and more organizations are using cross- functional project teams and project management techniques for how to more quickly bring to market new products and services. Global competition. The transition from national or regional economies to the global economy in 1970 led not only to fundamental changes in technology, but also led to extraordinary demands to improve quality and lower prices. Modern open markets require not only cheaper goods and services but also goods and services of better quality. This led to the movement for quality business through its international certification of ISO 9000. ISO 9000 system- a system of international standards of management and quality assurance. These standards apply to the design, delivery, adherence to quality in all areas- from banking to industrial production. Quality management and its improvement will inevitably lead to project management. For many workers first acquaintance with the methods of management of the project is on practical training in quality.
The urgent need to reduce costs may lead not only to the fact that production from the United States will move to Mexico or Eastern European countries, which in itself is a significant project, but also to changes in how the organization will work towards achieving results. More and more types of work considered as a project. Employees are responsible for implementing specific goals within the established budget for the project by a certain date. Project management requires attention to three main points- time, cost and quality of work- argues that it is an effective and flexible way of doing things. The explosion of knowledge is nearly as vital as the previous reasons. The growth of knowledge has caused the complication of projects, as projects tend to be based on the latest developments in science and technology.
Today’s world is based on business. For some people it is the way of making money, for others – it’s a job to make living, and for some of them – this is a way they live. In any case business is an activity which requires to be managed. Professional project managers are those experts who help business owners to arrange their activities. Project managers who are trying to become real experts, no doubt will be interested in PMP Training. Of course, passing PMP exam is not that easy task but if you are serious about that you can make use of PMP Simulation. All this, together with Internet technologies being the great source of information, will help you prepare and successfully pass the PMP Certification.