What is the meaning and purpose and importance of project management

Meaning of project management

First, project is the main means to solve the contradiction between demand and supply in society. The contradiction between demand and supply is the driving force of social and economic development, and one of the strategies to solve this contradiction is to expand demand, such as business promotions, the government encourages individual loans for consumption, encourages social investment, increase government investment, etc. are all part of the expansion of demand, this type of strategy is China's current main strategy to promote social development; the other strategy is to improve the supply, improve the supply of enterprises need to continue to push the boundaries of new ideas, the introduction of Personalized services and products, reduce product prices, improve product features, and the adoption of such strategies, the government and enterprises are required to continue to start and complete new projects to achieve, which also puts forward new requirements and challenges to the project management.

Second, the project is an important way to transform knowledge into productivity, is a major business tool of the knowledge economy. Knowledge economy can be understood as an economy that transforms knowledge into benefits. Knowledge generates new ideas, the formation of new scientific research results, new scientific research results need to be initiated through a project, planning, implementation, operation in order to ultimately become wealth, otherwise, the knowledge will always be lying in black and white on the books. Therefore, the transformation from knowledge to benefit depends on the project to realize, enterprises to buy patents, engage in prophecy, and ultimately need to realize profits through the project.

Third, the project is to realize the carrier of enterprise development strategy. Enterprise's mission, enterprise's vision, enterprise's strategic goals need to be realized through a successful project. Successful projects can not only realize the development goals and profits, expand the scale of the enterprise, but also strengthen the brand effect of the enterprise, exercise the enterprise's R & D team, and retain the enterprise's talent.

Fourth, the project is a reflection of the social value of the project manager. Most of the engineers and technicians life is piled up by a project, technicians and project managers value can only be reflected through the results of the project. Participation in projects with significant impact is itself a great honor for engineering and project management personnel.