Project Management A Buzzword Of The Modern Business World

Although projects can be found dating back hundreds and thousands of years, project management has become a buzzword in the modern business world. Improved technology has allowed and enabled a vast increase in the number of projects to be completed in the workplace. Projects that would once have taken months to complete now take weeks, and new projects follow on their heels. The latest software makes tracking multiple projects easier, and training courses in project management demonstrate new tricks of the trade. The booming economy of the late 1990s made it feasible, from an economic standpoint, for companies to engage in more new endeavors than ever before. New products, new locations, and enhanced services were all the byproducts of the increase in projects. While a recession could mean a dip in big business projects, there will always be a need to complete projects successfully. If nothing else, project management can teach you how to see the big picture and organize all the smaller components of any significant task you undertake. As noted previously, projects can begin in many ways. You might trip over a carton while entering your garage and decide that it s time for a major garage sale to clean up all the junk in there. Poof! You have a project: organize and hold a garage sale. Your boss might come into your office complaining that vacuum sales are down and that you need to create a better product that knocks out the competition before the end of the fiscalShow MoreRelatedCorporate Social Responsibility Of The World Essay1545 Words   |  7 Pagesthe World: The origin of Corporate Social Responsibility in businesses has no fixed date. Most experts, scholars, researchers, practitioners, writers, philanthropists, civil societies conscious citizens opined that it can be carried out in an ethical and socially responsible manner. 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