Project management strategy should be prioritized by business owners and entrepreneurs, according to Mr. George Asamani, Business Development Leader for Africa at the Project Management Institute (PMI), as it is essential to the expansion of companies.
Many businesses, according to Mr. Asamani, did not succeed because they paid little attention to project management.
In an interview with the media in Accra, he claimed that “a firm that does not make project management a priority is certain to fail because it is the only way to executive ideas and correctly gain value for investments.”
According to him, project management might mean the difference between a company’s success and failure or between spending millions of dollars due to carelessness.
“Projects are as important as operations as they add value to an organisation and hence must be considered very important and given adequate attention,” he added.
On issues impacting global economy including technology, demographic shifts, labour shortages and climate crisis, he said project management strategies would be a right tool to remain resilient and sustain business growth.
“Project management is all about how to get things done well and what you need to consider from the beginning of a venture whether business or organisation. In both areas of achieving objectives and managing change, project management helps navigate those paths in a structured way to ensure nothing is left out,” he stressed.
President of PMI Ghana Chapter, JumokeLafenwa, called on the government to partner PMI Ghana to execute developmental projects as they could help avoid the misuse of state funds.
“We are working towards sensitising the government to adopt project management and probably come out with an Act where every government project would have certified members right from initiation to execution through to management and controlling,” she stated.
“We believe that if this is adopted, we would be able to improve on the quality of project development, cut down on cost and time overrun and ensure that the projects lasted and quality is achieved,” she added.
She announced the upcoming National Project Management Conference and Project Management Excellence Awards which will provide insight into project management and its contribution to the growth of an organisation.
BY MICHAEL D. ABAYATEYE
