Importance of Software Project Management

All organisations, business and companies manage project, people, costs and tasks on a daily basis. 

A question may arise how Software Project Management is different from other types of Projects and another question could be why we need Software Project Management. One thing which is common between different project is that all projects are about meeting objectives.

Without it, teams and clients are exposed to chaotic management, unclear objectives, a lack of resources, unrealistic planning, high risk, poor quality deliverables, projects going over budget and delivered late.

Software Project Management is important because of following reasons:

1. Clear Focus & Objective: Project management is important because it ensures there’s a proper plan for executing on strategic goals.

2. Budget: In real Project lot of money is invested in terms of resources. Each project comes with a cost which is included in a budget along with contingencies and profit. A project manager’s goal is to keep the actual cost below, or at least at, the estimated cost in order to maximize the profit earned by the company for the project.

3. Strategic Alignment: Project management is important because it ensures there’s rigor in architecting projects properly so that they fit well within the broader context of our client’s strategic frameworks Good project management ensures that the goals of projects closely align with the strategic goals of the business.

4. Leadership and Direction: Project management is important because it brings leadership and direction to projects. Without project management, a team can be like a ship without a rudder; moving but without direction, control or purpose.

5. Realistic Project Planning: Project management is important because it ensures proper expectations are set around what can be delivered, by when, and for how much. 

Without good project management, projects get delivered late, and over budget. Effective project managers should be able to negotiate reasonable and achievable deadlines and milestones across stakeholders, teams, and management. 

6. Quality Control: Projects management is important because it ensures the quality of whatever is being delivered, consistently hits the mark. 

Project management is of key importance to Quality Assurance because it allows for a staggered and phased process, creating time for teams to examine and test their outputs at every step along the way.

7. Risk Management: Project management is important because it ensures risks are properly managed and mitigated against to avoid becoming issues. 

Good project management practice requires project managers to carefully analyze all potential risks to the project, quantify them, develop a mitigation plan against them, and a contingency plan should any of them materialize.

8. Orderly Process: Project management is important because it ensures the right people do the right things, at the right time – it ensures proper project process is followed throughout the project lifecycle.

9. Subject Matter Expertise: Project management is important because someone needs to be able to understand if everyone’s doing what they should.