Project Management Degree, Requirements, Tuition Cost, Jobs and Salary

What is Poject management?

Project management is defined as “the discipline of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals and meet specific success criteria.”

Henry Gantt is the person to who developed project management. With his creation of the Gantt chart, a popular project management diagram, Gantt’s name is one you’ll see often. Henri Fayol’s five management functions are the precursors to our current five project management phases, fix his position as another founding father.

The different phases of project management are:

• Project conception and initiation of a project

• Project definition and planning

• Project launching or execution

• Project performance and control

• A project is closed.

Online education in Project Management

Online education for project management is one of the most opted forms of learning. It helps students learn in an interactive environment and is cost effective. It is a more comfortable mode of learning. Online education is flexible and time effective. 

Online Project management education has many benefits, based on merit and CGPA you get offers of scholarships. Online education permits you to do various internships as you are not bound to any schedules like in offline courses. Online Education in beneficial in any field or domain, you really have many opportunities in this field. And this kind of learning helps you acquire many transferable skills.

 Why study Project Management?

• Strategic Alignment-it ensures work to be delivered in a given span of time.

• Leadership-you, acquire good and positive leadership qualities.

• Realistic Project planning-the project planning is very close to the actions.

• Continuous Oversight-it ensures project progress is tracked and reported continuously.

• Quality Control-the quality of project undergoing has to be developed. 

Specializations in Project Management?

• Project Planning & Management-this refers to the complete planning of a project and managing the project throughout with the blueprint.

• Advanced Project Procurement-it is the study of operation, maintenance and decommissioning of the project. 

• Project Management Strategy-this refers to the study of allocating money, capital, and resources.

• A/E/C business management-it is the study of maintaining a project at a particular level without depletion.

• Construction Management-it is the study of the planning of commercial and residential construction.

• Real Estate Development-it deals with the commercial planning of properties.

• Transportation Management- It is the study of planning and managing the transportation of reaching the destination for the official purposes.

Where can you work?

• Marketing-marketing project manager like digital marketing.

• Finance- project manager in accounting and financial aided companies.

• Retail-project management in wholesale retail merchandising.

• Supply chain management- management in the flow of goods and services in raw materials.

• Economics-management in economical analytics and economic growth.

Conclusion

Project management is reasonable and achieving deadlines and milestones across stakeholders, teams, and management. You can learn a lot and develop many inter-personal skills like mutual interaction, communication skills, and analytical thinking. Moreover, you get the whole credit if the project gets succeeded.  if you are really interested in this field then go head and excel in this profession.