Do You Know When You’re Working on a Project?

Projects exist in almost every industry, from non-profits to manufacturing. However, businesses may not recognize what constitutes a project, resulting in a failure to take the proper steps and execute strategically.

Before hiring project management experts, you should first understand what a project is.

 How to define a “project”

The Project Management Institute (PMI) refers to a “project” as a temporary endeavor undertaken to create a unique product service or result.

The most objective differentiator of a project is a start and end date. Although a project can last for years, at some point there must be a “closure”.

Secondly, a project is a group of inter-related tasks that will result in a new or modified product or process. The new process could be handed over to operations and carried out indefinitely. In that case, the initialization and definition of that process and its implementation are still considered a project.

 What are the components of a project?

 You may wonder, what exactly makes up a project? Below are the key components:

·      A business case for why project deliverables are needed or beneficial to the company’s overall success 

·      Policies and procedures

·      Timeline

·      Budgets

·      Scope

The difference project management experts can make

Now that you understand what constitutes a project, learn how project management experts can enhance your strategy, implementation and development in projects.

All projects are known to benefit from the support and additional focus of project management efforts, but there are specific circumstances that have been exceptionally successful for clients.

 If your project is lacking structure, project management experience, communication or synergy, [bu:st] can bridge the gap by providing an all-encompassing approach to guiding technical subject matter experts.

 We enhance your project by increasing transparency of expectations, communication flow and operational efficiency.

 [bu:st] has a depth of experience working in industries such as automotive, construction, IT (infrastructure), medical, non-profits and start-ups, but we don’t limit our service to those industries. Project Management is a universal solution to problems that can be applied anywhere, regardless of industry.

 Gain a friend in the project management sector

 It’s not all about the project. When you work with [bu:st], you are working with a partner. Together we will strategize key elements needed to exceed your goals. 

 We believe in developing long-lasting relationships with our clients and serving as a helping hand when difficulties may arise.

 Are you ready to see your project reach new heights? Contact us to get started today!